Startline Motor Finance has completed a £292m London Stock Exchange-listed securitisation to fund growth and future-proof it with a move into electric vehicle (EV) funding.
Government’s ‘Plan B’ to mitigate against the approaching “tidal wave” of cases of the Omicron variant of COVID-19 have done little to dampen rising used car values, according to Auto Trader.
Former Lookers, Manheim and Rapid RTC employee Matt Maley has joined automotive retail video specialist Vehicles in Vision as sales and operations director.
The Ben automotive benevolent charity looks set to be handed a £500,000 Christmas gift after the Ben Ball 2021 succeeded in delivering a £96,500 festive fund-raising boost.
Latest data from Leasing.com has shown that motorists most enquired about compact and electric vehicles (EVs) in November.
The Institute of the Motor Industry (IMI) has announced its IMI Student Membership has received sponsorship from Autotech Academy.
As certain used cars were hit by “significant price decreases” in November Cox Automotive has asserted that prices will never dip back to pre-pandemic levels.
A new technology platform has been launched to help dealers drive longer customer relationships and greater lifetime value.
Journey Energy Solutions has warned dealers they are sitting on a ‘ticking time bomb’ if they fail to embrace efficiency in the fight against rising energy costs.
Motor Connect has grown its online used car retail partnership with 30 independent dealers in the space of three months.
Carwow has raised $55 million (£41.5m) to scale its Sell Your Car division after the used car stocking platform delivered 600% revenue growth in just six months.
Steer Automotive Group has laid claim to the title of “UK’s fastest growing accident repair group” after completing the acquisition of Tyne Tees Vehicle Repair Group (TTVRG).
Evolution Funding has appointed Lloyds Banking Group’s Katie Hayes to the board as its first chief operating officer in what was described as a “crucial step” towards achieving its strategic goals.
Digital automotive retail tools can bring and end to a one-size-fits-all sales experience for car buyers, according to Keyloop chief executive Tom Kilroy.
A stabilising of values in the used van market in recent months may highlight “what’s to come” for the used car sector, according to remarketing giant BCA.
Bumper has integrated with Keyloop’s car dealer management systems to facilitate the provision of digital aftersales payments.
People are the automotive retail sector’s biggest asset.
Motorway has set its sights on “further massive opportunity” in the automotive retail sector after achieving ‘unicorn’ status with a $1 billion (£750m) valuation.
Real Time Communications (RTC) has joined Menable as part of a bid to "champion the well-being" of its team and its clients in the automotive retail sector.
Car retail’s staffing crisis, a celebration of inspiring automotive women and in-depth insight into the soaring used car market all feature in a packed December edition of Automotive Management (AM) magazine.
