Competition for used car stock continued to grow as used car retail values rose 21.4% in September to reach a new record high after 18 consecutive months of appreciation.
iVendi has invested in a new learning and development programme for its management team to support its growth plans.
Online car market place Heycar has secured a new deal to sponsor Talksport's coverage of this season's UEFA Champions League.
Keyloop has completed the acquisition of automotive finance software specialist FISC to help car manufacturers and retailers better manage customer experience and retention.
Record used car value increases in September have been hailed as a “black swan event” by Cap HPI, with head of valuations Derren Martin describing the seventh consecutive month of rising prices as “extraordinary”.
The fourth RMI Academy of Automotive Skills training site has opened in Lincoln.
Used diesel cars are in rising demand as commuters opt for fuel-efficient cars to replace public transport in light of the COVID-19 pandemic, research from heycar has found.
A new digital tool has been developed by Drivvn with aim of helping retailers manage customer relationships through lengthy new car delivery delays.
Former Keyloop and CDK managing director Stuart Miles has joined Cox Automotive as managing director of its Retail Solutions business.
Technical issues arising after a platform update left car dealers reliant on Auto Trader Market Insight view of their advertisements’ performance in the dark for more than two days.
A range of eight remarketing modules for motor finance, vehicle leasing, and major fleets has been launched by Epyx.
Used car prices rose by 16.6% during the first eight months of 2021 as an imbalance between supply and demand dictates that customers will “clamour for whatever stock they can get their hands on”.
A new data product from Starline designed to maximise finance opportunities is being rolled to dealer groups in Q4.
More than one-in-10 nearly new used cars are now more expensive than their brand new equivalents as limited supplies and soaring demand delivered an 18.6% year-on-year rise in values.
PIB Group is urging retailers to enhance the customer experience with unaccompanied test drives, whilst mitigating financial risk.
Hyundai Motor UK and Volkswagen UK have announced partnerships with eDynamix as part of efforts to automate and streamline their dealers' aftersales customer service.
Renault Group and RCI Bank and Services have acquired a stake in the heycar-owning Mobility Trader Holding business.
JudgeService is urging dealers to increase their digital marketing reach to attract the increasing number of car buyers prepared to travel further to visit showrooms.
The Institute of the Motor Industry (IMI) will address automotive sector challenges at a virtual conference featuring speakers from JLR, Halfords and Sytner Group.
MotoNovo Finance managing director Karl Werner to play “active part” in promoting diversity after joining the Automotive 30% Club.
