Used car dealers had begun to reduce the value of their forecourt stock as the UK transitioned from normal trading into a Government-imposed COVID-19 coronavirus lockdown, according to Cazana.
The Institute of the Motor Industry (IMI) has welcomed the one-month extension to the deadline for MOT Training and Assessment to the end of April 2020.
Car retailers are continuing to respond to customer enquiries despite the coronavirus-prompted closure of showroom across the UK, data published by Dealerweb has revealed.
Used car values declined 2.2% in March as retail and trade demand fell due to the Covid-19 coronavirus crisis, according to Cap HPI.
MHA MacIntyre Hudson will today host the second in a series of webinars designed to help car dealers adapt and respond to the COVID-19 coronavirus pandemic to minimise the impact on their business.
Car retailers are being urged to embrace social media to engage with car buyers who are taking to the Facebook during the COVID-19 coronavirus lockdown – sparking an 80% rise in online posts.
MHA MacIntyre Hudson is set to host a free webinar to offer guidance and support to car retailers who are battling to make their businesses resilient during the COVID-19 coronavirus lock-down period.
The AA, eBay Motor Group and JudgeService are among the latest suppliers to cut fees and offer free services in a bid to help the car retail sector through the COVID-19 coronavirus outbreak.
BCA’s UK-wide car auction sales will go online only from March 26 as the remarketing specialist “prioritises the well-being of customers and our people” amid the COVID-19 coronavirus outbreak.
Car retailers and manufacturers are being given three months’ free access to the What Car? New Car Buying platform as the business aims to offer a boost to businesses amid the COVID-19 coronavirus outbreak.
BCA has revealed that the average value of a used vehicle rose 1.6% to a record £10,002 at its auctions in February as it praised the sector's resilience in the current COVID-19 coronavirus health crisis.
Chartered accountants UHY Hacker Young have prepared a guide to help car dealers prepare applications for Government loans set to help businesses following the COVID-19 coronavirus outbreak.
Auto Trader will suffer April losses of up to £7 million in a bid to help car retailers mitigate the impact of coronavirus by axing its April fees and deferring March payments for 30 days.
Carwow is highlighting car retailers offering a remote buying service for consumers preferring not to visit showrooms during the COVID-19 coronavirus outbreak as part of a new 'Delivered & Disinfected' initiative.
MHA MacIntyre Hudson has published a free report paper aiming to address car dealers’ immediate need for proactive business continuity planning as the impact of COVID-19 coronavirus begins to be felt.
Customer insight firm JudgeService has expanded its team with the appointment of a new Personal Home Page (PHP) developer and data support administrator.
Fix Auto UK has appointed Mark Hutchins as the new head of its commercial team.
Peter Vardy is offering free installation and use of his end-to-end online car retail platform SilverBullet in a bid to make the sector’s businesses more resilient to the impact of COVID-19 coronavirus.
As the ‘social distancing’ measures introduced to help limit the spread of COVID-19 coronavirus start to bite, it is inevitable that those vehicle showroom and workshop facilities that remain fully open will experience a reduction in consumer footfall.
Car dealers should open negotiations over potential rent arrears now as the COVID-19 coronavrius threatens to harm cashflow in the coming weeks and months.
