Waylands Automotive has officially opened the doors to its new Polestar Space at Cribbs Mall in Cribbs Causeway, Bristol.
The number of car buyers who have bought a used car without seeing it first has doubled since the Coronavirus pandemic.
A software enhancement for the moDel logistics platform has gone live with Toyota and Lexus GB to support their dealers with handovers to buyers using the brands' direct-to-consumer online sales channel.
The number of people planning to buy their next car entirely online has fallen to just 4% in recent weeks, as buying habits shift back towards the traditional showroom model.
Harwoods Group’s chief transformation officer Archie Harwood has told AM that the business is starting to reap the rewards of a tech revolution after taking decisive action to “take charge” of its car retail destiny.
Staff at Cazoo’s former SMH Fleet Solutions (SMH) used car refurbishment centre in Gloucester lamented the loss of the sprawling automotive business as it prepared to close its doors for the last time today.
Mercedes-Benz customers travel further to showrooms than any other car buyers, as consumers increasingly look to purchase locally, research has found.
Cazoo has announced the appointment of former CarShop chief executive Jonathan Dunkley as chief operating officer in a trading update published today (March 7).
Cazoo has removed 15 of its 22 used car handover centres from its website after staff were informed that a series of planned closures would be going ahead.
Tight budgets mean a likely increase in the number of cars being driven without current MOT certificates, according to Halfords.
Previous poor reliability with a vehicle has put nearly a third of in-market buyers off from purchasing from the same brand again, research has found.
Genesis has begun conversations with potential car retail partners across the UK ahead of a growth push to establish a physical footprint of up to 20 dealerships.
Mercedes-Benz UK’s first month on the new direct to consumer distribution model, and agency contracts, highlights the need for ‘agile’ vehicle pricing, despite fixed price promises
Growing demand for online car buying is boosting revenues for Drivvn, which plans to achieve car sales worth £1 billlon this year.
Mercedes-Benz UK chief executive Gary Savage has said he finds the roll-out of the brand’s direct-to-consumer agency model car retail strategy “hugely exciting” – despite agents' two-tier car retail sector concerns.
Over a third of UK motorists are choosing to hold on to their cars longer as the cost-of-living crisis makes consumers increasingly averse to long-term finance agreements.
Cazoo has completed a ‘reverse stock split’ process to merge its share capital in bid to boost trading values on the New York Stock Exchange (NYSE).
Vauxhall has introduced a new two-year 0% PCP offer available across its entire passenger car range, including electrified models.
Motorway has asserted that it has “significant funding reserves” to drive further growth after more than doubling its used car sales revenues to £1.7 billion in 2022.
Volvo Car UK chief executive Kristian Elvefors has informed the Swedish carmaker’s dealers of a three-month postponement to its planned roll-out of agency model new car retail.
The average price of a used car advertised for sale on Auto Traders has reached a new record high after car retailers started the new year with “real momentum”, it has been claimed.
Genesis has announced it will open a new studio in Edinburgh, Scotland, highlighting the company’s continued expansion since its arrival in 2021.
Cazoo plans to close sites and axe jobs in the UK as part of a ‘Revised 2023 plan’ following its 2022 exit from used car markets on the European mainland.
Digitalisation and flexible monthly payments or usership plans could pave the way for further innovation in the field of vehicle finance
Waylands Automotive is poised to join the retail network of performance electric vehicle (EV) brand Polestar with the opening of a new store in Bristol.
