Uncertainty surrounding the balance of supply and demand in the automotive sector has created the most difficult period ever to forecast used car value trends, according to Cap HPI.
Engineius has is preparing to embark on its next level of growth following the appointment of Tristram Benson as its new commercial director.
Daimler Trucks has launched a new financial services business to help support Mercedes-Benz and FUSO trucks customers.
Hendy Group has become the first franchised car retailer to offer a new car subscription offering through a partnership with newly relaunched Karzoom.
Pendragon is providing its customers a new payment option with Pinewood DMS and Vyne open banking in-store and online.
The newly-appointed head of Keyloop's Alliances division Megan Harvey has a vision of automotive retail which sees 'big data' join the dots between sales, aftersales, customer relations and mobility.
Johannah Hancox and Natalie Thurman have joined Epyx as the company expands its account management capabilities.
The average price of used cars remained flat in August as stock volumes continued to dip and days to sell improved, research by eBay Motors Group has found.
A growing divide in the used car sector is seeing values decline among older vehicles in poorer condition as retailers remain ‘laser focussed’ on fast selling stock, BCA has said.
Car retailers are having to “work harder” to maintain sales as consumer demand begins to falter, Cap HPI has reported.
Keyloop has made a series of senior appointments to drive the success of a new Alliances division aiming to help accelerate digital transformation within large retail groups and car manufacturers.
In the latest episode of the AM News Show carwow founder and chief executive James Hind explains how the online remains a lead generator rather than an ecommerce platform.
Carwow has attributed a 29% increase in sign-ups to its online car marketplace to improved vehicle supplies and an upgrade of its platform.
Opteven, parent company of WMS Group, has launched a new digital payment service for dealers to allow customers to spread the cost of their warranty payments.
CarGurus has launched a new inventory strategy tool to help dealers capture more leads from ready-to-buy shoppers.
Car retailers must rethink their customer propositions to offer greater financial security to cash-strapped customers, according to RAC Dealer Network.
Verex Group has appointed ex-Volvo manager Tony Grice as a senior key account manager.
JBR Capital has marked a record month-long period since its establishment in 2015, lending £27m to customers.
CitNOW has continued a drive to broaden the reach of its automotive retail software platforms with the acquisition of workflow management specialist Real Time Communications (RTC).
Former ASE chief commercial officer Mike Fazal has left the automotive retail advisory business to go “all-in” with his car subscription business Karzoom.
