A new automotive sector report from Bloomberg Intelligence (BI) states that the exhaustion of pent-up demand could pressure EU automakers' margin and free cash in H2.
Voluntary terminations, voluntary surrenders and repossessions rose in May 2023 to the highest level for nearly two years, according to the Motor Auction Group.
Snows Motor Group has expanded with Toyota adding its ninth location with the Japanese brand with a new showroom in Hampshire.
Global Auto Holdings’ £465.4 million bid to acquire Lookers may be in doubt as shareholder Constellation Automotive has announced it will vote against the deal.
Fleet Evolution, the salary sacrifice and fleet management specialist, has said it rejects 40% of dealers that apply to join its network because of a lack of specialist EV skills.
The Motor Ombudsman has reported a small rise in the volume of complaints submitted by consumers about an electric vehicle (EV) during Q2.
Jaguar Land Rover owner Tata Group has confirmed that it will create a £4 billion electric vehicle battery gigafactory in the UK.
Auto Trader is showcasing 1,500 of the top automotive retailers on its marketplace in the UK with its new Highly Rated 2023 initiative.
Three-quarters of buyers have said they prefer to be left alone when browsing for a new car at showrooms, according to research by eBay Motors Group.
Aston Barclay has seen more signs the used EV sector is settling down in Q2 as prices fell by 1.4% (£329) to £22,100.
Genesis has appointed the first seven of 20 new network partners as part of its plans to establish a franchised dealer network in the UK.
Tjekvik has launched a new outdoor kiosk for customers to check-in and check-out with their vehicle from dealership facilities 24 hours a day.
Dale Wyatt, Suzuki GB director of automobile, is expecting electric vehicle price parity with internal combustion engine (ICE) vehicles by 2024.
The Financial Conduct Authority (FCA) is proposing new rules to combat non-compliant financial promotions on social media platforms.
Vertu’s Bristol Street Motors has opened its latest Motornation used car dealership in Tamworth, following an investment of over £200,000.
