Used values of supermini and city cars were “hit hard” during April, according to Cap HPI, which saw an accumulated monthly drop of 2.3% at the three-year and 60,000-mile point.
The RAC brand played a part in almost three-quarters of used car purchases from retailers who are part of the Network, according to new research.
Hendy Group has begun a countdown to the opening of a new 200-car Hendy Car Store used car supermarket in Dorset.
Motorpoint has put itself at the top of the podium for marketing exposure by support vehicles for a series of high-profile charity runs to be held over the next six months.
Auto Trader's 2019 Auto Trader Retailer Awards is open for entries 12 years after its begun celebrating the UK’s very best car dealers at its prestigious annual celebration.
The rise of personal leasing has been blamed for a rise in the volume of sub-standard repair work seen on used cars by remarketing operations, according to the Vehicle Remarketing Association (VRA).
Pendragon’s new leadership team is conducting review of the car retail group’s operational and financial prospects as an interim management statement revealed Q1 pre-taxes losses which were ‘lower than expected’.
The used car market in March was a story of two halves and market sentiment would appear to suggest that the retail consumers were more fickle than they have been for some time, according to Cazana director of valuations Rupert Pontin.
Carwow has celebrated hitting two million subscribers on its YouTube channel, following a record breaking eight months.
HR Owen has signed a new two year exclusive renewal deal with BCA to manage the remarketing of its part-exchange vehicles arriving at its network of supercar and luxury car showrooms.
A car dealer who moved his home and business after receiving complaints from the buyer of a “dangerous and unroadworthy” BMW X5 has been jailed for 12 months.
Auto Trader is replacing its i-Control used car stock pricing platform with a new Retail Accelerator platform in an effort to help retailers claw-back some of the £290 million lost to overage stock each year.
Nissan’s Leaf electric vehicle (EV) was the fastest-selling used car on Auto Trader during March, according to the online marketing platform’s latest market data.
CarShop has been granted planning permission to allow it to further expand Sytner Group's used car supermarket division with the opening of a new facility in Nottingham.
Three high performance Audi saloons worth £75,000 were stolen from a West Lothian car dealer in an overnight raid which left other vehicles and the property with “significant damage”.
Car dealers reported a 60% decline in demand during March as reaction to political uncertainty over Brexit the introduction of WLTP-related taxation changes caused owners to hold on to their cars for longer.
The fully-electric Nissan Leaf was the fastest selling used car in March, according to Motors.co.uk.
LSH Auto UK has officially opened its new Mercedes-Benz ‘Centre of Excellence’ for used cars in Erdington, Birmingham.
Used cars are selling almost 20% faster on Scotland’s forecourts than the UK average of 31 days, according to data published by CarGurus – taking an average 25 days to turn.
Motorpoint Group has said that it expects to report a 6% increase in revenues and a 10% increase in underlying profit before tax in its forthcoming annual financial results to March 31, 2019.
