Amid an end to record new car volumes, falling return-on-sales and fewer acquisitions, the AM100 is swinging slowly in the direction of used car sales
BCA has reported that demand from buyers continued to keep prices firm during May, with average values at near record levels.
BCA Brighouse is set to mark its 45th anniversary with a special week of used car sales in June.
The Vehicle Remarketing Association has warned that an oversupply of petrol-fuelled used cars is likely to result from the “dramatic shift away from diesel in favour of petrol”.
A £9,900 improvement in April profits for car dealers could be an indicator “the real prospect of a period of comparative prosperity”, according to ASE.
Pre-tax profits rocketed 71% at used car supermarket group Motorpoint as it ramped up sales and won record levels of repeat business.
Motordepot has announced the opening a brand-new retail site in Barnsley, South Yorkshire, becoming the eighth branch in a growing portfolio.
Used car prices on Auto Trader declined by 0.7% in May as the number of online searches for diesel-fuelled cars dipped below 50% for the first time.
BCA Marketplace has rejected a £1.61bn takeover offer from London-based private equity firm Apax Partners.
The Motor Depot used car supermarket group has reported a 32% rise in turnover and a 31.5% increase in pre-tax profit in its annual results to August 31,2017.
Auctions, imaging, valuations and vehicle tracking – the apps and online services that will help your sales department to sell more used cars more efficiently
Brexit might have proved the catalyst for growth of car supermarket operations in Ireland as the weak Sterling sparked an importing flurry for Kearys Motor Group.
Cazana has announced its first US remarketing partnership with the Robinson Advisory as it takes the first steps towards an expansion across the Atlantic.
The May new car registration data released on June 5 paints a marginally better picture of the market with overall volumes showing an increase of 3.4% over May 2017.
Independent Dealer has mapped the locations of every sales site run by members of the ID50 2018 in the UK.
LeasePlan has announced plans to maximise value from ex-lease cars by selling directly to consumer via a new online sales platform dubbed CarNext.com.
Auto Trader's announcement that it will bypass traditional remarketing of fleet vehicles via physical auctions in a move to sell directly to dealers has been welcomed by Cooper Solutions.
Caffyns has reported a 16% decline in operating profit despite rising revenues in annual results which detail the “very disappointing” performance of its volume car brands in 2017.
Hendy Group has announced the acquisition and opening of a new used car and van store in Portsmouth as part of an ongoing expansion which is set to drive a countinued rise in annual turnover.
The National Association of Motor Auctions has reported that average used car prices at auction rose by 5% during April as “good wholesale prices led to well-stocked forecourts”.
