The Stellantis-owned used car retail business Aramis Group has acquired Cazoo’s Italian operations as the online retailer continues its withdrawal from Europe to focus on cost savings and the UK market.
Mercedes-Benz customers have been advised to buy their next car online or travel up to 110 miles to another dealership after Marshall Motor Group revealed it will stop selling cars at its South Lakes franchise.
Cazoo, the online motor retailer, has reported UK revenues of £347m from Q3 trading, which is a 103% increase versus Q3 2021.
Auto Trader has sold off its Webzone subsidiary, which trades as Carzone in the Republic of Ireland, for 30m euros (approx. £26m).
Franchised dealers who fail to sell cars with service plans are losing one-in-five customers to independent garages for servicing work.
The automotive retail sector’s used car shortages “will stick with us” for some time to come but it is not altogether bad news, Auto Trader commercial director Ian Plummer has told the AM News Show.
Genesis will open its second UK Studio at the landmark Battersea Power Station site in a move that accompanies its shift into electric vehicles (EV).
Used car supermarkets and franchised retailers responded to September’s sector stability to increase the value of their advertised vehicle stock by 1.5% and 1%, respectively.
Car buyers researching their next vehicle purchase on Parkers have gained access to 80,000 used car listings as part of a new partnership with heycar.
Online fraudsters used headshots of a Hollywood actor and a Financial Times reporter to build a car retail website to scam car buyers out of thousands of pounds.
A luxury and premium car retailer suffered an estimated £30,000 loss after a London solicitor exploited distance selling regulations to gain full refunds on two Tesla EVs he had owned for over a year.
A used car retailer has taken to his popular Tiktok account to tell car buyers that they need to scour private car sellers’ adverts on Auto Trader if they want to access the market’s cheapest vehicles.
A trio of directors who previously helped drive Imperial Cars to rapid growth have accelerated the expansion of their Carsa used car retail business with the opening of a new showroom in Bradford.
Cazoo has confirmed that it will retreat from mainland Europe to focus on the UK used car market as part of cost-saving measures expected to deliver net savings of over £100m by end of 2023.
Car subscriptions services are expected to become more popular as living costs increase, causing more consumers look for greater flexibility with their finances.
Used premium cars are attracting more buyers in the 18-24 age group than before, according to Heritage Car Insurance.
Trials are under way with Motability Scheme customers to identify the challenges and solutions to electric car use for disabled drivers.
Online car retailer Cazoo announced a £243 million loss from the first half of 2022, and Cazoo is breaching New York Stock Exchange rules which risk delisting.
The number of people who plan to own an electric vehicle (EV) in the next decade has fallen, according to a new study by CarGurus.
Auto Trader is helping retailer’s showcase their 'exceptional' customer service with the launch of Auto Trader Highly Rated 2022.
More than a third of in-market car buyers have decided to delay their purchase due to rising living costs.
Used car buying platform CarGurus has appointed Amanda Symonds as its new UK managing director.
Cambria Automobiles marketing and CRM director Ian Godbold has revealed his intention to pursue a new role as a car retail marketing consultant after announcing his exit from the former PLC.
A new iVendi whitepaper is aiming to help car dealers improve their online experience and bridge gap between to retailers Amazon, John Lewis and eBay.
A new partnership between automotive media business Autovia and car sales site Heycar is being described as "a perfect fit" to get more buyers into used cars.
