Europe’s highest volume of May new car registrations since 2007 helped to maintain a degree of stability in the market last month – with a sales increase 0.2% across the month.
The National Franchised Dealers Association (NFDA) has described the Department for Transport’s (DfT) granting of a derogation for non-RDE compliant vehicles as “very positive”.
Car retailers increased their stock of used cars by an average of 15% in May but took longer to sell vehicles according to analysis of year-to-year trends analysed by Motors.co.uk.
Women are 71% more likely to buy a new car online than men, according to a new study from Buyacar.
Car dealers registered a “marginal” year-on-year improvement in profits during April, according to ASE – the month’s average total amounting to £5,000.
What Car? magazine has uncovered evidence that car dealers and manufacturers are offering car buyers cash discounts of £16.8 million to attract them into showrooms.
JudgeService has urged dealers to focus on improving customer satisfaction and attention to detail to help drive stock turn and avoid “book” drops.
Vauxhall is taking customer reservations for its new all-electric Corsa-e EV, with a £500 deposit securing one of the first examples to reach UK showrooms.
Lookers has joined the London EV Company’s (LEVC) taxi retail network with the opening of a new dealership in Stockport.
New car registrations dipped further into decline as the Society of Motor Manufacturers and Traders (SMMT) recorded a further 4.6% fall during May – leaving the UK’s total sales 3.1% down year-to-date.
Vauxhall is offering car buyers a minimum £4,000 guaranteed scrappage allowance or £3,000 extra part-exchange value as part of its new scrappage-style Trade-Up sales campaign.
Sytner Group has revealed that construction work has finished on its £6.5 million flagship Mercedes-Benz showroom and workshop at Kingmoor Park in Carlisle.
Islington Motor Group has been awarded with Citroen UK’s Golden Chevron award in recognition of an “outstanding turnaround” as part of the brand’s dealer improvement programme.
In March 2019 the Tesla Model 3 – the mid-sized all-electric saloon, with over 250 miles of range, and available from under £400 per month – outsold all alternatives across Europe.
Facebook is proving to be a “valuable tool for dealers” as a recent study showed 44% of potential buyers discovered new cars through its apps, Dragon2000 revealed.
Ssangyong Motor UK has celebrated the addition of 10 new dealerships in just six months as part of a “dramatic transformation over the past year”.
JCT600 is celebrating a record set of annual financial results for 2018 after the car retail group’s turnover rose 2% to £1.28 billion and profits held flat in what was described as a “challenging year”.
Cambria Automobiles has opened the doors to its new Aston Martin dealership in Hatfield to complete its relocation from a temporary showroom at Welwyn.
SsangYong Motors UK has expanded its franchised retail network into Whitley Bay with the opening of a new dealership operated by Oakwood Specialist Cars.
Similarly to the holiday industry, the retail banking industry has changed considerably in the last 15 years to provide lots of services available digitally to consumers at their convenience.
