Bumper has joined Driving Pride to promote LGBTQ+ inclusivity in the automotive industry.
New car registrations increased by 16.7% in May, but the private market dropped slightly by 0.5% and fleets are driving the market with growth of 36.9%.
The vital role the remarketing sector is playing in the EV transition needs to be more widely recognised and supported, says the VRA.
Auto Trader saw its pre-tax profits drop by 2% to £293.6m for its full year results, but posted an increase in revenues and operating profits across the core business.
Menable and eBay Motors Group have partnered to launch a new accreditation scheme to improve the mental wealth of employees in car retailers across the UK.
Pentagon Motor Group has partnered with Ohme to offer home charging solutions to its new and used electric vehicle sales.
Nearly two-thirds (59%) of young drivers (18–34 year olds) are considering flexible car ownership models, according to new research from Churchill Expert.
Used car dealers continued to avoid stocking higher value premium used cars in May to help preserve their cashflow, according to Aston Barclay.
Sales of used EVs slowed in May as stock volumes dropped, with franchised dealers feeling the squeeze, according to the latest eBay Motors Group Market View.
Average overhead absorption has fallen to 55.5% in the UK, according to new data from REALtime Communications.
Sherwoods Motor Group will launch a car subscription service in partnership with Karzoom before the end of June.
The Association of Fleet Professionals (AFP) has noted that discounts are starting to appear on new electric vehicles (EVs) for the first time since they entered the mass market.
Automotive retailers that are investing in digital services to offer a seamless customer journey online and in the showroom are reporting higher sales volumes, according to Auto Trader.
The IMI has warned of a 106,000 shortfall in technicians in the UK that need to be advanced driver assistance systems (ADAS) certified by 2030.
Used EV values could fall by a further 5-10% in the next few months, the latest Vehicle Remarketing Association (VRA) member meeting was told.
