Kellie Grocott has been appointed as director of sales for RAC Dealer Network at Assurant following the promotion of Sean Kent into the role of UK client director for automotive.
Auto Trader has reported a 37% decline in revenue and 48% dip in operating profit in a COVID-19 half-year trading update.
Cap HPI is poised to handle any large volume vehicle price hikes from car manufacturers in the event of a ‘no-deal’ Brexit.
Consumer motor finance defied September’s 4.4% new car registrations dip to record a 7% year-on-year rise in volumes and 11% growth by value, according to the Finance and Leasing Association (FLA).
CD Auction Group will launch a new dealer-to-dealer online remarketing platform as part of expansion plans under new operations director Andy Pearce.
Volkswagen has enhanced its Approved Used car retail scheme to include two years of warranty cover, MOT and roadside assistance to customers.
Car retailers have once again been urged to “hold firm” with their used vehicle pricing as the UK returns to COVID-19 lockdown this week.
Car retailers’ efforts to drive sales through digital sales processes designed to overcome the challenges of COVID-19 delivered a 10% increase in new car orders last month.
The Mazda CX-5 is the UK’s fastest selling used car, taking on average 24 days to sell, according to data from Auto Trader’s Fastest Selling Index.
Increasing competition for used car stock from private sellers has been revealed in Motorway data showing year-on-year growth in the valuations – with EVs showing a 34% increase.
Demand for used cars has risen 15% year-on-year as franchised retailers experience a decline in sales of new cars, according to AA Cars data.
Auto Trader is set to roll-out a guaranteed part-exchange tool underwritten by Cox Automotive to its online car marketing platform.
Pistonheads has delivered an 86% increase in the number of car sales leads it delivers to car dealers since its acquisition by CarGurus.
The Vehicle Remarketing Association will cover a range of issues impacting a 2021 new and used car market which promises to be “difficult in all kinds of ways” in its upcoming outlook seminar.
Shoreham Vehicle Auctions has pledged to raise a minimum of £10,000 for The Chestnut Tree House Children’s Hospice with its latest annual charity auctions.
BCA has been accused of “opening Pandora’s Box” by shifting its cinch online marketing platform to compete directly with its car retail customers in the online sales sector.
Following a frantic September which saw car retailers fight to sustain the market’s COVID-19 recovery Cazana director of insights, Rupert Pontin, believes a volatile period of used car pricing trends lies ahead.
Auto Trader has reported its 23rd week of consecutive used car price rises as the sector continued to defy the impact of COVID with values up 8.5% between October 5 and 11.
Online vehicle remarketing company Adesa UK has appointed Eddie Thomson as its new head of business development.
Motorpoint has promoted Isaac Barrett into the role of sales manager at its Oldbury used car supermarket site.
