Car buyers are increasingly purchasing used cars without seeing them in person due to a rise in online car portals, says AA Cars analysis.
The UK’s used car market was down just 0.6% or 11,517 sales in the first quarter of 2019, compared to the same period in 2018.
BCA has responded to “significant demand from buyers” in the South West and Wales by launching a new commercial vehicle sale at the Bridgwater remarketing centre in Somerset.
Aston Martin Works has announced plans to “significantly expand” its provenance certification programme for classic Aston Martin sports cars.
Traditionally the used car market in April is buoyant and there are plenty of retail buyers on the forecourt but that has not been the case in 2019.
Growth in used car finance drove a positive month of sales in April, according to lead management experts Dealerweb.
CD Auction Group has appointed Paul Barnes as buyer development manager to work across Auction and Salvage Auction.
The Finance and Leasing Association (FLA) has revealed that the point of sale (POS) consumer car finance market fell 1% by volume in March, compared with the same month in 2018.
A Manheim charity auction has raised £850 for the Hendy Foundation, following a pledge to donate £5 for every car sold.
Cazoo has announced three new appointments who have joined from AutoTrader, Tesla and Manheim, following a £30m cash injection.
Vertu Motors’ chairman Peter Jones described the AM100 franchised car retail group's 2018 financial performance as “a credible result” despite a 16.8% decline in profit before tax.
BCA and Jardine teamed up for the biggest single dealer sale ever staged at BCA as 405 vehicles were sold generating sale proceeds of £2.7m.
Pendragon’s Evans Halshaw used car business and Arnold Clark have been accused of selling insurance write-offs without telling buyers the vehicle's been in a crash following an investigation by the BBC.
A suspected hammer attack has caused an estimated £25,000 worth of damage to more than 30 vehicles on a used car retailer’s forecourt.
City cars and superminis seemed to be falling out of favour as the two segments led the largest April decline in used cars values since 2011, Cap HPI has reported.
Supercar retailer Motorhub has been fined £53,567 by National Trading Standards following a series of second-hand vehicle sales that misled consumers in “reckless” fashion.
Car retailers improved their profitability by 4.4% year-on-year to an average of £118,000 during March, according to the latest data published by ASE.
The seeds of a different used car market 10 years from now have already been sown including fuel type changes, new funding methods and a digitised wholesale sector, according to Philip Nothard of Cox Automotive
Auto Trader’s chief operating officer and chief financial officer Nathan Coe is set to become the online vehicle marketing giant’s chief executive following the retirement of Trevor Mather.
Auto Trader's monthly Retail Price Index report has revealed that March’s 2.3% growth in used car values represented the sector’s slowest growth since August 2017.
