BNP Paribas Personal Finance has teamed up with Arval to offer UK car retailers a “one stop shop” vehicle stocking product which will allow traders to purchase and finance used stock at the same time.
The used car remarketing sector “continued to strengthen” during August as the average price of a vehicle sold via BCA rose 2.9% month-on-month.
An employment tribunal has found that electric vehicle (EV) charge point pioneer Calvey Taylor-Haw missed out on a £1m share option when he was unfairly dismissed by BP Chargemaster.
BCA displayed a Toyota Yaris in a giant shopping bag outside London's Kings Cross train station as the consumer marketing for its cinch online retail platform gathered pace.
Soper of Lincoln have provided a test bed for new digitalised car retail systems after BMW Group UK responded to calls from their franchised network to overhaul its internal processes and communications.
The Government’s recently Operation Yellowhammer ‘no deal’ Brexit contingency plan will have notable implications for the motor finance sector, according to Bluestone Credit Management.
Seat’s Alhambra has grown its reputation as an in-demand MPV thanks to the results of sales data compiled in Auto Trader’s monthly fastest-selling cars rankings.
Carwow is urging car retailers to “join their journey” by investing in the online car retail platform via a newly-launched crowdfunding scheme.
Car dealers looking to capitalise on the electric vehicle (EV) evolution need to educate sales teams and install charging infrastructure on their forecourts, according to Kevin Pugh, who heads up EV charging specialist Tritium in the UK and Ireland.
Fluctuations in the value of used cars and the wider adoption of ever-faster remarketing platforms have driven the used car market to become more “complex and volatile” in 2019, Cap HPI has reported.
ADESA UK has appointed Manheim’s former head if IT, Kevin Nugen, to roll-out its own “intense digital roadmap”.
In a bid to professionalise finance industry employees, attract young talent, and provide career progression for staff, the Finance & Leasing Association (FLA) has been promoting Motor Finance Specialist Apprenticeships, created in line with the Government-approved level 3 apprenticeship standard.
Pentagon Motor Group has commissioned Honcho to handle its digital marketing across its multi-franchise operations.
Fix Auto UK has added its fifth new franchisee within the M25 area since the start of 2019, with H&L Motors (Heathrow) joining the network.
Franchised car retailers’ workshops captured 31.4% of UK vehicles’ MOTs during the first half of 2019, according to data published by Marketing Delivery.
Dealerweb has appointed EnquiryMax’s former national account manager as its new sales director as it “invests massively” to take the next step in its growth.
Franchised car retailers are offering discounts of up to 40% of a vehicle’s original list price in an efforts to offload their pre-registered 19-plate stock during the September ‘plate change month.
Car retailers saw their used car stock turn speed up as an influx of pre-registered cars onto their forecourts led to the swift sale of nearly new vehicles, according to Indicata.
Autotech Recruit has appointed former Kwik-Fit business development specialist Simon King as its concepts manager as it drives towards further growth.
More than half of used car retailers reported that they had achieved the same or improved margins during August, according to a Cox Automotive Dealer Sentiment Survey.
