Cox Automotive has said that “volatility” is set to define the car retail sector in 2022 as stuttering car supplies combine with rising inflation and changes to OEM and consumer relationships.
Manheim Auction Services has raised £32,000 for charity Make-A-Wish at a special charity auction.
As certain used cars were hit by “significant price decreases” in November Cox Automotive has asserted that prices will never dip back to pre-pandemic levels.
Nominations have opened for Cox Automotive’s Barbara Cox Woman of the Year award for 2022, run in partnership with Bauer Media’s B2B titles AM, Fleet News and Smart Transport.
Experts from across the used car industry will share their unique insights on what has been a rollercoaster market over the last 18 months at Automotive Management Live 2021.
Automotive 30% Club chief executive and Gaia Innovation founder Julia Miur will lead an expert panel at AM Live to inspire delegates to make their car retail businesses a place where women can thrive.
Cox Automotive and Grant Thornton have made their predictions for the automotive retail market as part of its Insight Report for 2021.
Cox Automotive’s Dealer Auction online used car stocking platform has celebrated increased traction from independent retailers looking to “curate their forecourts” through vehicle disposals.
Trade buyers will be allowed back on site at Manheim Auction Services' sites in Bristol, Manchester and Washington to help dealers source stock for their used car forecourts.
Calls for “unashamed and informed conversations” to cut the stigma of mental illness have followed the tragic suicide of automotive industry executive James Davis.
Competition for used car stock continued to grow as used car retail values rose 21.4% in September to reach a new record high after 18 consecutive months of appreciation.
Vertu Motors has agreed a two year solus contract with vehicle logistics platform Movex to manage its collection and deliveries and inter-dealership movements.
Former Keyloop and CDK managing director Stuart Miles has joined Cox Automotive as managing director of its Retail Solutions business.
Cox Automotive is warning that LCV supply will be the lowest the wholesale market has seen for more than a decade, following record-breaking demand for used vehicles at auction in August.
Cox Automotive has warned that car dealers across the UK will have to compromise on their usual stock demands in order to fill their forecourts in a sector now “starved of stock”.
Cox Automotive has acquired Spiers New Technologies, a provider for electric vehicle battery life cycle management, for an undisclosed sum.
Manheim has secured a contract with Peter Vardy for the Scotland-based dealer group to remarket at least 4,000 unwanted vehicles annually through its auctions.
A study by Grant Thornton and Cox Automotive reveals the impact of coronavirus countermeasures on vehicle manufacturers and their abilities to mitigate the effect.
The average selling price of a used van has remained above £10,000 for the second consecutive month, at Manheim auctions.
Cox Automotive has warned car retailers to brace themselves for a tough September and Q4 as the new EU trade agreement, a logistics “wages war” and evolving consumer habits present further uncertainty.