Big Motoring World Group has revealed a 43% growth in turnover and a 34% increase in pre-tax profits in a statement detailing the successes of its performance in 2019.
Progress Suzuki owner Terence Byrne has said that the UK’s automotive retail sector “will flourish again” following the COVID-19 coronavirus crisis – just days after his business went into liquidation.
Caffyns has praised its employees' response to the COVID-19 crisis as “outstanding” as it revealed the mitigation measures taken by the business in a trading update published this morning (May 27).
Vertu Motors chief executive Robert Forrester has told BBC Breakfast how the car retail sector will “trust customers” to take unaccompanied test drives as showroom retailing gets back underway.
Car retailers have been urged to “hold their nerve” and not rush to liquidate stock ahead of an anticipated rise in sales demand following June 1’s re-opening of car showrooms across the UK.
Prime Minister Boris Johnson has ended the two-month COVID-19 coronavirus-enforced closure of car showrooms by giving automotive retailers the green light to open their facilities from June 1.
Hendy Group has completed the reopening of aftersales operations across its entire South coast operating area - eight weeks after COVID-19 lockdown began.
Over two-thirds of car buyers want to purchase their next vehicle face-to-face, despite the risks posed by the COVID-19 coronavirus – highlighting the importance of showrooms’ June 1 reopening.
Changes to the Government’s Coronavirus Large Business Interruption Loan Scheme (CLBILS) will give larger car retail businesses access to a £200 million COVID-19 survival boost.
Over two-thirds of automotive industry professionals fear that the impact of COVID-19 coronavirus could cause them to lose their job.
Car retailers who have sought government support during the COVID-19 lockdown period are being warned to be on their guard as scammers posing as the HMRC launch an opportunistic fraud campaign.
Independent used car retailer Tones Garage suffered a COVID-19 lockdown blow when 11 of its vehicles were stolen in an overnight raid.
The PSA Group is in talks with the UK Government about the possibility of car scrappage scheme incentives to boost the automotive retail sector in the wake of the COVID-19 coronavirus crisis.
Online reputation management is an ‘area of opportunity’ for dealers, as a study conducted by CarGuru’s revealed that half of consumers choose a dealer based on online reviews.
White Dove Motor Group will kick-off its COVID-19 coronavirus lockdown car sales with Suzuki GB after unveiling its new franchised site in Cardiff.
The NFDA has teamed-up with the SMMT to produce a car sales best practice guide drawing on the latest advice on COVID-19 coronavirus lockdown retail operations from Government and BEIS.
A number of sales staff are to be unfurloughed by Simon Bailes Peugeot to deal with a rising number of telephone and online enquiries for new and used vehicles, the business has announced.
PSA Group-owned Robins & Day car retail group has announced that it intends to re-open its entire network of 45 UK car dealerships by the end of this week.
Six-in-10 car retailers believe that prolonged grants and support from Government are required to support the automotive retail sector through the COVID-19 coronavirus crisis as redundancies begin.
AM magazine has claimed the Automotive Business Publication of the Year title as the Newspress Awards 2020.
Car retailers have been categorised among a Government-issued list of retail providers who can provide a click and collect sales process during the COVID-19 coronavirus lockdown.
The Chancellor of the Exchequer, Rishi Sunak, has confirmed that the Government Coronavirus Job Retention Scheme (CJRS) will be extended to October – at its current 80% rate of salary support.
Penton Motor Group has said that it will commence plans to develop a £2.5 million “retail hub” when coronavirus lockdown measures are eased.
Generous car retail businesses who promised to exceed the 80% salary funding cap of the Government’s Coronavirus Job Retention Scheme (CJRS) will face an increased financial burden if support is cut to 60%.
Car showrooms are likely to join “non-essential” retail businesses in re-opening on June 1 if infection rates remain under control, Government’s 50-page ‘COVID-19 Recovery Strategy’ document indicates.
