Cazoo has appointed former Ocado chief financial officer Duncan Tatton-Brown and 23andMe founder and chief executive Anne Wojcicki to its board ahead of its £5bn public offering on the New York Stock Exchange.
GForces and Autofutura have vowed to connect car manufacturers, automotive finance providers, car dealers and consumers to optimise the entire customer journey with a merger announced today.
Digital finance processes are allowing car retailers to “shave more and more time off the online motor finance process” and improve customers’ retail experience, says Startline Motor Finance.
The COVID-19 pandemic and series of lockdown restrictions on car showrooms have “changed customer behaviour for good”, according to online retailer Carzam.
Heycar is increasing payment terms to 60 days until the end of Q2 to provide dealers with ‘welcome breathing space’ as after this week's showroom reopenings.
A shift from traditional showroom-based car sales to a wholly-online retail solution would cut dealers cost-per-sale by over 40% - saving the sector £9.5bn a year.
Europe’s largest independent used car retailer is aiming to create a ‘borderless’ online car retail business across 12 countries with the launch of its Driverama platform.
Automotive retail ecommerce specialist drivvn has appointed Lucy Trott as its new client director.
Car dealerships' approach to staffing during the COVID-19 crisis has proved pivotal for the long-term profitability of businesses, according to MotorVise founder and MD Fraser Brown.
Online car buying platform Carzam has launched a new Chat and Buy service that allows buyers to reserve a vehicle while they discuss it with the company’s sales team.
Consumer uncertainty is the main hurdle to the car retail sector’s revival after showroom doors reopen on April 12, according to industry leaders.
Almost half a million car owners are planning to sell their cars and rent vehicles instead, according to new research.
Women feel ‘apprehensive’ about the used car buying experience and do not ‘feel comfortable’ shopping for a used car alone, according to a recent survey by CarShop.
The car retail sector’s growing reliance on clicks over bricks drove Cazoo’s “crazy” £5 billion market float valuation, according to Vanarama chief executive Andy Alderson.
Cazoo is set to be listed on the New York Stock Exchange following the signing of a definitive business combination agreement with US-based acquisition company AJAX.
Snows has revealed it has sold £37m worth of cars online in the last 18 months using its GForces NetDirector Auto-e platform.
Buyacar chief executive Andy Oldham said his focus remains on “supporting dealers” as he leads the new Autovia venture to fuse its ecommerce offering with the publishing firepower of Dennis publishing’s automotive titles.
Digital used car retailer Carzam has appointed Honcho to manage its paid media strategy in a bid to boost its digital presence.
Automotive ecommerce specialist iVendi has helped UK car retailers to facilitate £1.3 billion in vehicle sales in the past 12 months – up £200m despite the impact of COVID-19.
Automotive retail ecommerce specialist drivvn has appointed Sian Cutter as its new head of finance to support software as a service (SaaS) delivery to the sector.
CarGurus’ 2021 Buyer Insight Report has found that the 63% of car buyers are now open to the idea of buying a vehicle online as a result of the impact of the COVID-19 pandemic.
Staff headcount at iVendi is set to “almost double” over the next three years, in support of expansion plans in the UK and Europe, says chief executive James Tew.
The Independent Motor Dealers Association (IMDA) has entered a new partnership with ecommerce platform provider SilverBullet.
In the first of two specially-written AM 'guest opinion' posts to mark International Women's Day, Jacqui Barker head of commercial at drivvn, explains why the drive towards digital and greater diversity in the workforce is set to transform car retail.
Vertu Motors chief executive Robert Forrester has insisted that his business is not making a switch to online car sales after a 360% rise in end-to-end digital transactions in 2020.
