CD Auction is re-starting sales across its operations with immediate effect, amid relaxed lockdown measures introduced by the Government earlier this week.
Growing volumes of COVID-19 coronavirus lockdown used car sales have prompted Cap HPI to admit that the time is right for recommence valuation changes – and initial sales suggest a 2% to 5% decline.
Aging stock has been cited as the “main driver” of £1.6 billion losses incurred by Europe’s used car retail sector between the start of the COVID-19 coronavrius lockdown and mid-April.
The UK's used car market contracted by 8.3% in the first quarter of 2020 following a COVID-19 coronavirus lockdown-prompted 30.7% decline in March sales, SMMT data has revealed.
Three-quarters of those actively searching for a used car (76%) intend to purchase within three months of the Government’s lockdown restrictions being lifted, according to eBay Motors.
Cox Automotive has re-started Manheim's car auction operations via its online sales platform following “weeks of careful planning and implementation of the necessary safety measures”.
Motorway has re-started its daily online auctions alongside free trials of a “contactless” car transportation service as car retailers look towards stocking their dealerships ahead of an easing of COVID-19 lockdown restrictions.
The initial impact of the COVID-19 coronavirus pandemic resulted in a 43% decline in profitability for UK car retailers during the key March number plate change month, ASE data has revealed.
VAutoStock is offering free use of its now stand-alone part-exchange vehicle appraisal tool which allows car dealers to value customers’ cars from a distance during COVID-19 lockdown.
Cox Automotive has predicted a stop/start recovery from the COVID-19 coronavirus outbreak for the automotive retail sector – revising its new car sales forecast to detail a 29% decline in 2020.
The UK’s used car and van markets will bounce back once the Government’s COVID-19 coronavirus lockdown restrictions are eased, according to Shoreham Vehicle Auctions’ (SVA) Alex Wright.
The easing of car retail COVID-19 coronavirus lockdown restrictions in Austria and Germany have delivered ‘no strong signs’ of a used car market bounce back, according to Indicata.
Following clarification on car dealers ability to trade in the COVID-19 coronavirus lockdown Cazana's director of insight, Rupert Pontin, asks whether 2020 used car demand could actually be higher than 2019.
In the life of every war correspondent that I have read about, from Marie Colvin to John Simpson, there has always come a time when they could no longer simply observe and report the tragedies unfolding around them, but were driven to participate and to influence what they were watching.
Smart repair insurance is a win-win product, with extra income for the dealer and buyers should see a return on their ‘investment’ when it comes to reselling the vehicle.
Premier Car Supermarket looks poised to expand into Kettering after completing the acquisition of a 3.55-acre site giving its “access to thousands, if not millions of potential customers”.
The Independent Motor Dealers Association (IMDA) has welcomed Jim Reid Vehicle Sales’ Phil Buchan to its board.
Trade and wholesale car sales delivered 3,500 vehicles into the used car market during April’s COVID-19 coronavirus lockdown automotive retail sector, according to Cap HPI.
Times have changed dramatically but has the industry moved with them to get the most value out of approved used car schemes? AM investigates...
A range of smart new digital strategies from different car retailers are driving trade at a tough time.
