An 80th consecutive week of increasing used car values and the highest level of UK inflation for a decade is unlikely to temper consumers’ appetite to buy a new vehicle, Auto Trader has said.
A free online service for buying and selling electric cars has launched to help car buyers make the shift to zero or low-emissions motoring.
IMDA chairman and Specialist Cars owner Umesh Samani chatted about used car marketing "on the road" and unwinding with a V8-powered hobby "off road" in the latest AM News Show Podcast.
Used car dealers are still under-pricing up to 60% of their forecourt stock, according to data published by Real Time Communications (RTC).
Used car values remained at their second highest level ever in a “frenzied” 2021 market at BCA’s auction in October, despite showing signs of “easing back” in the month’s latter stages.
Auto Trader has posted a 121% increase in operating profit to £151.7 million for the half year ended September 30.
Paragon Motor Finance (PMF) has commenced lending on EVs with a new package that’s designed to incentivise consumers to move away from ICE vehicles.
Used cars sold faster in October than in any other month this year, according to eBay Motors Group.
Used car sales declined 6.2% in Q3 as vehicle supply shortages continue to “undermine” the retail sector, the Society of Motor Manufacturers and Traders (SMMT) has said.
Waylands Automotive chief executive John O'Hanlon and IMDA founder member Umesh Samani have told the AM News Show Podcast that AM Live is a vital source of insight and advice for the car retailers.
Experts from across the used car industry will share their unique insights on what has been a rollercoaster market over the last 18 months at Automotive Management Live 2021.
Sytner Group’s CarShop used car supermarket division has launched a recruitment drive to find vehicle technicians, MOT testers, body shop technicians, SMART repairers and painters.
New consumer car finance volumes remained up on 2020 in the first nine months of this year despite slumping by over a fifth in September, the Finance and Leasing Association (FLA) has revealed.
Auto Trader has reported that the average price of a used car has risen by £3,000 since May as the imbalance of consumer demand and vehicle supply shows no sign of abating.
Cazoo has grown its Customer Centre used car handover network to 21 sites with the opining of its latest new facility in Newcastle.
Sytner Group’s CarShop used car supermarket division has opened a new retail site near Halifax, taking its number of Yorkshire retail sites to four.
Close Brothers Motor Finance has teamed-up with Auto Trader to launch a “motor finance industry-first data tool” offering consumer demand insight to car retailers.
Car dealers’ used car stock levels were 9.4% down year-on-year last month and 16.5% down on September 2019, according to data published by Indicata.
Auto Trader has reported that 17% of nearly new used cars are now more expensive than their brand-new equivalents as supply shortages continue to stall global car manufacturing.
Cox Automotive’s Dealer Auction online used car stocking platform has celebrated increased traction from independent retailers looking to “curate their forecourts” through vehicle disposals.
