The Bank of England’s decision to raise interest rates to 0.75% have been criticised for placing “more pressure on household finances” - and will hit the car retail sector's overhaeds too.
ICDP managing director Steve Young has asserted that the agency retail model is the “most water-tight” way to deliver the omnichannel retail experience that modern car buyers expect.
Car buyers looking to change their car in the coming months are increasingly shopping with a monthly, rather than total, figure in mind.
In the latest of AM's '10 minutes with...' supplier insight interviews, drivvn chief executive Peter Brown discusses online car sales, the ominchannel customer journey and the influence of the agency retail model.
ITV and Channel 4 are set to drive carwow’s exposure in a strategic media-for-equity deal struck part of the online car marketplace’s latest investment round.
Online-only buyers expect car dealers to make a higher share of profit, than those buying direct through showrooms according to a new What Car? survey.
Many car dealers are still “missing out on the full potential of digital retailing” according to a joint report created by Auto Trader, ICDP and the National Franchised Dealers Association (NFDA).
Online car buyers can now pre-order the Genesis premium brand’s first electric vehicle (EV), the GV60 – with prices starting from £47,005.
Agency model car retail is sure to become more widely adopted but agreements must be “balanced, collaborative and win-win”, according to Lotus Cars executive director of sales and aftersales, Geoff Dowding.
The newly-appointed manager of Paul Rigby Group’s Polestar Space Birmingham store has said he is excited by the challenge of exploring a “new form of retail”.
Paul Rigby Group will operate the UK’s third Polestar Space when the electric vehicle (EV) brand’s new facility opens its doors to customers at the Touchwood Solihull shopping centre next week.
Multi-brand electric vehicle (EV) company Innovate Automotive (IA) has partnered with the AA to offer roadside assistance to its customers.
Driverama has started selling used cars online in Germany, a year after it established a car buying service in the region.
Chief executive Mark Raban discusses his plan to move Lookers forward in the new issue of AM magazine after a difficult period in the AM100 dealer group's history.
The Motor Ombudsman’s Knowledge Base online resource has achieved one million views since launching in January 2019.
Cazoo is targeting 100,000 annual used car sales and a £2 billion turnover in 2022 after raising a further $630 million (£414.2m) to fund its expansion in Europe and UK growth.
Cazoo has secured a sponsorship deal with Spanish LaLiga football club Real Sociedad as its strategy to drive car sales growth through profile continues in mainland Europe.
Volvo Car UK has launched a new used car sales platform that will sell its “newest” vehicle stock direct to online car buyers.
Offering car buyers the ability to buy a car in minutes online is expected to be one of six key trends dealers must embrace in 2022.
Used car buyers are less interested in fuel economy, despite rising pump prices, according to BuyaCar.
Online-only premium car brand Genesis has launched Genesis Flexibility, a car subscription service for customers across Europe.
As car retail sector experts predict that subscriptions could take over from PCPs as the most popular way to fund a private vehicle, AM compared Q4's offers to see how they compare.
Automotive Management (AM) Live served up a packed agenda of seminars and presentations in three theatres focussing on key aspects of the car retail business.
Honda UK managing director Jean-Marc Streng says the brand is exploring the possibilities of the agency franchised retail model as it draws to the end of “phase one” of its retail network restructure.
Online car marketplace Heycar is reintroducing its free car delivery scheme.
