Lending panels are favouring finance providers that can deliver a high degree of flexibility as dealers look to restart their businesses after the Coronavirus lockdown.
Auto Trader says it has sent dealers a record number of new car leads since the reopening of showrooms on June 1.
RTC Automotive has launched a new software package that enables aftersales customers to check-in digitally for a contactless handover.
Used vehicle sales have grown by 17% in the first 15 days of June, when compared to the same period last year.
Car supermarket Fords of Winsford is the latest business to join the RAC Dealer Network.
Dealer Auction has seen a 135% month-on-month increase in sales through its platform in the first week of June as dealers rush to obtain more stock to meet consumer demand.
MG retailer Paul Rigby MG has launched its own Longbridge Edition MG 3, which will be raffled off to raise money for charities in the Longbridge area.
Citroen has revealed it’s new Ford Focus-rivalling C4 model, which will be available with petrol, diesel and electric powertrains.
Consumer interest has grown rapidly this month, with car dealers receiving an influx of enquiries for new and used models.
Autofutura has named data and analytics expert Christian Erlandson as its new chief executive officer.
Autotrader has revealed which used cars attracted the highest price increase during lockdown.
The Finance and Leasing Association (FLA) is calling for the Government and the Bank of England to take immediate action to support the non-bank lending market, as forbearance requests reach 1.6m.
Dealers are being urged to have a ‘second wave plan’ to deal with the prospect of a another COVID-19 coronavirus lockdown later this year.
There has been an increase in the number of car owners searching for information on how to tackle issues with car brakes, batteries and tyres.
The car leasing industry is experiencing a rapid rate of recovery following the automotive industry’s collapse during the Coronavirus pandemic.
