Growth in online car sales is more than twice as fast among women than men for the third year running.
A study conducted by the AA has suggested that drivers aged 18 to 24 are more likely to adopt EV technology – harbouring fewer concerns about range and cost than older motorists.
Auto Trader will offer consumers free listings on vehicles priced below £1,000 as part of a new marketing campaign to help drive more traffic to the online marketplace.
The automotive finance industry must focus on generating positive messages as it endures a flurry of negative publicity and the growing attention of regulators, according to a panel of industry experts.
Peugeot's new car registrations fell 13.2% in the first half of 2017 and it is has published its finance deals only up until the end of August.
Car buyers using PCP car finance deals are safe, say motor retailers, but questions remain over clarity and transparency.
People management and PCP car finance figure large in the August issue of AM - Automotive management.
The Bank of England has told car loan providers they are at the risk of action against reckless lending due to the ‘spiral of complacency’ from lenders.
The Motor Ombudsman has reported a 13% increase year-on-year in the level of contacts handled by its team of legally-trained adjudicators in Q2 this year.
Dealerships could benefit from a new online app which allows motorists looking to change a car early to check the status of their current finance agreement.
What’s big, clever and able to knock the share price of an entire sector overnight? That’s right, Amazon.
Dealers tell AM’s poll which of their marketing channels work and, more importantly, which offer the best return on investment.
Car retailers have come under fire for their approach to finance sales after undercover newspaper reporters found sales executives were offering new car PCPs to and minimum wage earners and the unemployed.
The Bank of England has told banks to set aside an extra £11.4 billion to protect the economy from a financial crash as car finance and credit card debt lending continues to “increases rapidly”.
The founder of online used car sales platform Hellocar claims that large dealer groups will not be the ones to disrupt the sales process over the coming six to eight years.
Used car PCPs could play a crucial role in maintaining demand for diesel cars if the current backlash against the fuel type continues, according to iVendi.
Rockar is in the latter stages of launching with another new car franchise and is also close to developing a used car concept, according to its founder Simon Dixon.
Amazon could be set to pilot online car sales in the UK after its UK sector boss admitted car sales executives were already being recruited in preparation for the scheme.
There has been a lot of adverse publicity around Personal Contract Purchase in recent months, much of which is technically incorrect and some of which is blatant journalistic sensationalism.
Prepared car dealers can minimise risks to the finance market – whether from competitors, regulation or market pressures.
The new car sales boom depends on cheap, available finance, but storm clouds are visible on the horizon.
Vehicles at Hyundai dealerships are now available to purchase online following a partnership between Hyundai Motors UK and Global Payments.
To dispel doubt about the stability of the motor finance market, finance houses and trade bodies need to be more transparent.
The current car ownership model is ‘irrational’ and driverless cars will become a reality, but there are plenty of opportunities for the dealers.
Car dealers are being urged to move with the time in a bid to avoid a predicted trend which could see online car sales lead to the loss of 27,000 automotive sales jobs by 2027.
