Retailers are failing to keep pace with rapidly increasing used car values and selling one in four cars too cheaply, according to Indicata.
A ‘record’ 73 million visits on Auto Trader in May was accompanied by an 8.1% year-on-year (YoY) increase in the average price of a used car.
Toyota and Lexus will drive franchisees' aftersales customer retention by extending the warranty on its cars to 10 years and 100,000 miles through its new service-activated Relax scheme.
Aston Barclay has ranked the UK’s 25 most desirable used cars to showcase the capabilities of its new desirability index.
Soaring wholesale used car prices are “not recoverable” through retail price rises, creating an environment of ever-shrinking margins.
Used car prices have risen by 6.7% during May as “amazingly strong” demand resulted in “unprecedented times” for the sector.
A new online platform to help dealers manage the part exchange process has launched.
Car buyers returning to the market following a series of COVID-19 lockdowns have told What Car? that they trust franchised car retailers more than their competitors – including new online disruptors.
DM Keith has gained planning approval to expand its Braford Skoda dealership's used car sales site beside a major new road development.
Car retail valuations and insight specialist Cazana has rolled-out a rebranded logo and new website as part of its drive towards “global expansion”.
A pair of former Vines Group colleagues have partnered with GForces to launch a dedicated used electric vehicle (EV) marketing platform called JustGoEV.
Motorpoint has emerged as the UK’s best automotive business for employees in Best Companies’ annual Top 100 Company to Work for in the UK awards rankings.
Motorpoint has handed over a used car to the first person to benefit from Birmingham City Council’s new Clean Air Zone Vehicle Scrappage and Travel Scheme.
Rapidly-expanding used car supermarket group Trade Centre UK is set to follow-up this month’s opening of a new site in Rotherham with the transformation of a former cinema in Walsall.
Carzam is poised to launch an online used car buying platform as retailers seek solutions to the stock shortage issues that are causing vehicle values to soar.
Used car price growth has accelerated significantly, according to Auto Trader, following the reopening of showrooms last month.
Cinch has attracted £1 billion in new investment to continue its push to online car retail growth alongside the likes of start-up rivals Cazoo and Carzam.
The June 2021 Issue of AM magazine is here, free, in digital form, featuring Polestar, Keyloop, Cambria Automobiles, Waylands, Swansway Garages and many, many more automotive retail businesses.
Motorpoint has teamed up with The Chris Moyles show on Radio X to give away a car worth over £20,000 in its latest marketing drive.
Used car prices are soaring as car retailers report demand so strong that the “can’t stock the forecourt fast enough” – and supply shortages look to continue the trend.
