Motorpoint has revealed that it sold 61% of its used car volume online in Q1 as it accelerated its ecommerce retail offering to deliver a record start to 2021.
Cox Automotive has downgraded its used car sales forecast for 2021 as the lasting impact of COVID-19 and the global semiconductor shortage look set to result in a “market starved of supply" in Q3.
Strong levels of consumer demand in the market is continuing to drive used car price growth on Auto Trader, according to its latest data.
Premium SUVs and used sports cars are the most in-demand stock in July across Aston Barclay’s physical and online auction channels.
Used car buyers are paying higher deposits on their motor finance deals to combat rising prices, according to new data from iVendi.
Sytner Group’s CarShop used car supermarket division has promoted its Bristol site’s head of business, Carl Jackson, into the role of regional operations director.
The 2016 Volkswagen Touareg has been revealed as the UK's fastest selling used car, taking an average of 22 days to sell.
Cox Automotive has downgraded its 2021 new car registrations forecast by 2.48% amid expectations that vehicle supply issues will leave Q3 deliveries down 17.7% on the 10-year average.
A vandal who slashed 100 tyres on a used car dealer’s forecourt has received a suspended jail sentence after admitting to the planned “revenge attack”.
Almost one-in-10 consumers intend to buy a new car in the next three months, according to new data from Deloitte.
A prestige used car dealers has told AM how a high-speed police car chase ended in a vehicle colliding with a row of forecourt display car – causing £270,000 worth of damage.
Demand for used hybrid cars has risen in the last quarter, pushing wholesale prices up by 18.7% to an average of £17,591.
Motorpoint will redevelop an LSH Auto UK Mercedes-Benz dealership near to Manchester City’s Etihad football stadium to expand its used car supermarket network into Manchester.
Cazoo is poised to invest £1 million in a new used car handover customer centre in Carlisle - the first of seven new facilities.
Semiconductor shortages, the transition to electric vehicles (EV) and “the true impact of Brexit” are among new car retail disruptions that are set to fuel a strong used car market in to 2022, says Cox Automotive.
The Nissan Leaf and VW eGolf are the two cars that are most popular choices among buyers searching for a used electric vehicle (EV).
Perrys Motor Group is outperforming its pre-pandemic car sales volumes according to a breakdown of COVID-19’s impact on the AM100 group.
Used car supermarkets sold vehicles almost twice as fast as their independent counterparts as they cut retail prices to drive sales in June.
An 11.1% June uptick in used car prices on Auto Trader suggests that dealers have been making efforts to realign their advertising to accommodate recent months’ wholesale price surge.
Demand for used cars appeared to slow in June, according to data from Dealerweb.
