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.
Sub-two-year-old cars priced over £20,000 were the 'sweet spot' for dealers in July, according to the latest eBay Motors Group Market View.
V12 Vehicle Finance (V12VF) has reached its third-year anniversary with record sales figures.
Used car values remain “resilient” despite a 1.1% July dip in advertised values which represented a sixth consecutive month of retail price decline, according to eBay Motors.
Electric vehicles (EV) look set to reshape the UK’s car retail sector in the years ahead, with a fifth of dealers telling Auto Trader that they will never sell purely battery-powered zero-emission vehicles.
One-in-three (36%) Londoners plan to sell their vehicle in the next six months due to the proposed ULEZ extension alongside the rising cost of living.
Paragon Bank has appointed Yolande Eastwood as commercial vehicle dealer finance manager, responsible for managing the South of England and Wales regions.
Auto Trader has claimed that car retailers pricing their used car stock using “opinion” instead of live market data are losing almost £11,000 a month.
Bumper has continued to accelerate its interest-free aftersales finance offering with the launch of a customer facing car servicing portal for motorists.
Two new vice president positions have been created at iVendi, to support its growth ambition to double revenue within three years.
Cox Automotive predicts that the UK’s new car market will end 2022 on 1.62 million registrations after downgrading its forecasts to acknowledge the “reality” of the sector’s global supply crisis.
The importance of good customer service is growing following a reliance on online car buying enquiries during the COVID-19 pandemic, according to JudgeService.
Cazoo’s acquisition of used car valuations data provider Cazana left a “gap in the market”, according to its former vice president of insight and analytics Rupert Pontin.
Car buyers are deciding to withdraw from the market rather than wait for new vehicles to become available, according to new research by Close Brothers.
Fix Auto Cheltenham has relocated into its new repair centre following £400,000 investment.
Motorway has partnered with BT Sport to co-sponsor its coverage of the Premier League and the UEFA Europa League.
A new digital platform that helps drivers to manage their cars is expected to attract more than 150,000 users by the end of the year.
Used car remarketing giant BCA is consulting staff at its Derby, Peterborough and Sandwich facilities ahead of a planned restructure following a review of the “scale and capability” of its UK operations.
Wholesale used car values rose by 8.8% month-on-month at BCA auctions across the UK during June as the remarketing giant recorded its first price growth of 2022.
