A used car dealer already convicted of tax avoidence after failing to pay £1.1 million in taxes from his home-based retail operation has been jailed for three years.
Used car values declined by 0.7% in January as dealers saw lower retail demand for vehicles priced over £12,000, Cap HPI has reported.
Facebook is bringing more targeted car sales advertising to the UK market after launching its automotive inventory advertising software which has already proved successful with US dealers.
Franchised car dealers should prepare for a rise in demand for MOTs as a record number of cars are due for their first test this year.
The Sytner Group's Car Supermarket Division has extended its remarketing partnership with Manheim for a further two years, including the launch of a new sales programme in Leeds.
The used car markets record-breaking performance in 2018 is expected to continue this year, predicts the National Association of Motor Auctions (NAMA).
UK car dealers remain ‘resolutely optimistic’ despite Brexit, diesel vehicles’ negative press and increased competition for used car stock in 2019, according to Close Brothers Motor Finance.
Motorpoint is targeting a £40,000 2019 fund-raising target following a series of events which delivered a near-£30,000 windfall for its partner charities in 2018.
City Auction Group sold 450 cars in three hours at its refurbished Rockingham site, which now features two lanes.
MotoNovo Finance's online used car aggregator Findandfundmycar.com has reached 2,600 dealer sign ups since it s launch in 2018.
Used car dealers sold Ford Kas more quickly than any other used car last year, according to data from Indicata.
A pistol-wielding trespasser who told two car salesman “I’ll ****ing hurt you” after they confronted him over the use of their car forecourt for a regular cut-through has been jailed for 12 months.
Hippo Motor Group is in the process of developing a £4m vehicle preparation centre before starting a £1m expansion of its prestige used car showroom in order to facilitate the business’ growth.
The Vauxhall Mokka finished top of Auto Trader’s fastest selling cars of 2018 rankings – with SUVs filling eight of the top 10 places.
Finance and Leasing Association (FLA) data for November has shown a 1% decline in point of sale (POS) consumer car finance by volume, compared with the same month in 2017.
Driver 1 has announced the launch of its car subscription service, offering car retailers the opportunity to monetise pre-registration stock.
Manheim research has revealed that the Vehicle Excise Duty (VED) supplement on vehicles costing over £40,000 has caught customers unawares.
A price rise of 15.5% during 2018 propelled petrol-powered used cars to record levels, according to online remarketing specialist Autorola.
CarGurus has launched its inaugural national TV advertising campaign in the UK, running through quarter one of 2019.
Additional used car stock is part of the 2019 business plan of 52% of car retailers during 2019 – as 65% target growth in the sector.
