The UK is now the only used car market in Europe where the value of vehicles continues to fall, according to data published by Indicata.
An acceleration in the number of vehicle technicians training to become EV-ready has pushed back the expected shortfall in qualified aftersales staff from 2026 to 2028, the Institute of the Motor Industry (IMI) has said.
Hyundai and Kia defied car manufacturing’s supply shortages to grow their European market share by 10% year-on-year during May.
Paragon Bank’s Motor Finance division has more than doubled the amount of car retail lending during the first half of its financial year.
Car retailers and wholesalers have been promised the opportunity to trade vehicles in “minutes” via a new platform launched this week.
Automotive aftersales finance provider Bumper has appointed Snap-on Business Solutions’ Nick Squire as its new international sales and partnerships manager.
Volvo Car UK has doubled the number of contractors within its Temporary Technician Programme (TTP) with Autotech Recruit after the initiative provided over 30,000 hours of workshop support.
Solera has introduced eBay Motors’ live used car retail data to its Audatex Market Value Manager to help insurance claims handlers offer more accurate valuations in a fast-moving market.
Carwow has appointed former GoCompare vice-president and Photobox chief innovation officer Sally Foote as its new UK managing director.
Car retailers will be offered insight and advice to help them score success from September’s new seasonal spike in MOT volumes.
Diesel cars remain the UK’s fastest selling used cars and continue to buck the trend of declining values, Aston Barclay has told the BVRLA.
Glasgow Rangers FC will continue to benefit from online used car retailer cinch’s a £8 million sponsorship of the Scottish Premier League (SPL), despite refusing to display its branding.
Cost-conscious car buyers are opting for older, higher mileage cars as household incomes become increasing stretched, according to research commissioned by leading warranty provider WMS Group
The UK’s used car sector would be “a bloodbath” for dealers without the high values and strong margins maintained as a result of 2022’s supply shortages, Cap HPI’s Derren Martin has suggested.
Motorists should expect a positive return from sharing of their personal data with retailers and manufacturers, Keyloop senior product marketing manager Charlotte Morgan has said.
Close Brothers Motor Finance have raised £35,000 for the Make-A-Wish Foundation and Cancer Research UK through a series of fundraising events.
Carwow founder and chief executive James Hind has told AM that the online car marketplace might go public to raise more funds but added that “now is not a great time”.
Peter Vardy's CarMoney is set to open its first regional sales and administration office in Dundee in response to rising consumer demand.
Auto Trader has urged car retailers not to “jump to rash conclusions about the health of the market” after car price rises eased in May with the prospect of tough times ahead for car buying consumers.
iVendi has created new business units and has appointed new country directors in France and Spain.
