Auto Trader’s pre-tax profits rose 10% to £105.4 million as turnover rose by 7% to £165 million as the online marketplace returned H1 financial results which were “in-line with market expectations”.
Over a third of Millenials are willing to buy a car online according to the findings of a new Trustpilot survey as growth in online car buying appears to buck the trend of a declining market.
Mitsubishi Motors in the UK has teamed up with Rockar to launch a 'next generation omni-channel car buying experience' in the form of Mitsubishi Buy Online.
For many months we have seen a frenzy of negative media attention on the automotive sector including comment on franchised dealerships, PCPs and diesel emissions.
Drivers think recent demonisation of diesels is unfair, however they are allowing it to influence their choice of car, according to new research by the RAC.
Sustained success in automotive retail will demand a more conservative reappraisal of residual values, according to MotoNovo.
Classified adverts and used vehicle locators can now be uploaded in “under two hours” thanks to a new app launched by CitNOW.
Threats to car finance firms and demand for new and used cars have been highlighted once again after the Governor of the bank of England warned that inflation might peak at over 3% next month.
Geely Holdings will once again bypass “traditional” car dealerships when the Polestar brand enters the UK in 2019.
CarGurus has closed its initial public offering after a five-day share of sales which hoped to raise $100 million for the Auto Trader rival.
Used diesel prices have remained stable for a second quarter in a row on Autorola UK’s online portal as demand returns following Q1’s “knee-jerk” reaction to negative headlines.
Tootle credits a partnership with a BBC Apprentice winner with August sales success which saw the online platform retail £2m worth of vehicles.
Renault is offering three-year 0% APR Selections PCP finance packages with low monthly payments across selected models for Q4.
Finance must no longer be an afterthought as consumer habits shift away from “bricks and mortar” to “clicks and mobile”.
Online car retail portal Tootle raised £2.5m of funding via an investment round led by Hambro Perks, bringing the total amount raised for the start-up to £4.3m.
More UK car dealer groups are trialling product geniuses, higher basic pay or lower bonuses.
AM looks at some best-practice examples of web design from inside and outside the motor retail industry.
New research from Carwow has revealed that millennials are renting or financing cars due to surging living costs and a desire to drive new vehicles.
A third of car dealers believe the cost of technology investment is a threat to their business’s future growth and profitability, according to new research from Santander Consumer Finance.
Carwow has launched a free scrappage scheme checker after no fewer than 17 car manufacturers launched incentive schemes.
Dealers whose websites go without SSL certificates will have their rankings penalised by Google, Dragon2000 has warned.
Peugeot geared-up the promotion of its online retailing platform with the creation of “the world’s smallest car dealership” but will it be enough to reach a 6% UK market share target by 2020?
Consumers change their cars more often than they do their smartphones as their mindset shifts towards “usership rather than ownership”, according to HPI.
Peugeot has taken the concept of smaller dealership facilities to new levels by adapting a traditional red telephone box into a 0.8 square-metre ‘showroom’ in London’s Russell Square.
David Wild, Domino’s Pizza Group chief executive, said it is in carmakers’ interests to treat franchisees well, but dealers still need to be aware of disruptors
