Cox Automotive’s Phillip Nothard has said it is “vital” that car showrooms are able to re-open as soon as possible despite signs that many retailers continue to perform well against the odds in COVID-19 ‘Lockdown 3’.
Cazana’s director of insights, Rupert Pontin, has conceded that February new and used car sales were ‘less promising than expected’ – despite attempts to set the data in a positive context.
The 29.4% decline in 2020 represented, according to the Society of Motor Manufacturers and Traders (SMMT), £20.4bn in lost turnover.
New car buyers can save more than 20% on new cars ahead of the March number plate change, What Car? research has found.
Sales of new petrol and diesel cars and vans will stop in the UK from 2030, as part of the Government’s “green industrial revolution”.
The UK’s COVID-19 ‘Lockdown 3’ trading restrictions mean that franchised car retailers are “suffering” more greatly than their European counterparts.
The SMMT has revised its 2021 new car registrations forecast down to below 1.9 million in anticipation of COVID-19 lockdown's impact on the key March number plate change month.
Mazda UK has added its new MX-30 electric vehicle (EV) to the list of cars eligible for savings of up to £4,000 in its CO2 emissions-reducing car scrappage scheme.
TrustFord has seen its car sales volumes decline by around 40% during COVID-19 ‘Lockdown 3’ trading in England and Northern Ireland – but home delivery boom is driving commercial vehicle records.
Volkswagen’s ID.3 electric vehicle (EV) ended 2020 as Europe’s second best-selling car as COVID-19 triggered a 25% full-year market decline - its worst result since 1993.
MG Motor UK has targeted the appointment of 10 more franchised car retail sites to its network in 2021 after welcoming 28 new locations last year – expanding its network to 130 locations.
Lookers’ Kia Stockport car dealership has been named as the Korean car brand’s Dealer of the Year and claimed its Sales Excellence Award at the annual Kia Dealer Excellence Awards 2020.
Porsche GB has seen the COVID-19 Lockdown 3 opening of its network’s new franchised dealership in Norwich and is preparing to add an upgraded South Lakes centre to its network this summer.
What Car? has launched a new national marketing campaign to promote its online new car buying platform on Absolute Radio.
The UK’s franchised car retailers have been praised for their ability to adapt and meet the challenges of COVID-19 pandemic after the SMMT reported a 29.4% decline in new car registrations during 2020.
The quarterly AM Motor Retail Review webinar on January 7 will discuss 2020's car market outcome, the FCA motor finance rules revision and the Brexit aftermath.
October 2020's new car market gets a deep dive which reveals Tesla is a growing threat to the establishment
Green number plates will be applied to new electric vehicles (EV) sold in the UK from today (December 8) in a bid to drive further uptake of zero emissions transport before 2030.
New consumer car finance volumes declined 3% in October to leave the sector 20% down year-to-date, according to the latest data from the Finance and Leasing Association (FLA).
Declining new car sales in 2020 are set to deliver a £300 million aftersales revenue decline for franchised car retailers over the next 12 months, according to BookMyGarage.
The perfect storm of challenges affecting the automotive industry continues unabated, with the pandemic, Brexit and supply issues all impacting consumer confidence and demand for new vehicles.
The UK Government’s COVID-19 ‘Lockdown 2’ took a £1.3 billion toll on car sales during November as registrations declined 27.4%, according to the Society of Motor Manufacturers and Traders (SMMT).
Today, Capgemini have published a report advocating the transition to an agency model for distribution networks, supported by consumer and dealer surveys in Europe and China.
The adoption of an agency model for the car retail sector is now “not an option but an obligation”, according to a report published by Capgemini today.
TrustFord’s Alperton dealership site has been offered for sale as the Ford of Britain-owned AM100 car retail group consolidates as part of the brand’s plan to close almost half of its UK franchised retail sites.
