More than one-in-five nearly new used cars advertised via Auto Trader are now priced above their brand-new equivalents after a further 31.3% year-on-year rise in values during January.
The future of franchised retailers’ motor finance FCA ruling on discretionary commissions has lead to greater transparency, but few dealers are reporting any noticeable variation to income as a result.
Bumper has expanded its executive team with four new appointments to prepare for the next stage of its growth in automotive payments.
Cox Automotive has launched a new global mobility division that will aim to harness its knowhow in fleet logistics, vehicle lifecycle management and electric vehicle (EV) batteries.
With December’s publication of the Financial Conduct Authority’s (FCA) second consultation on its new all-encompassing Consumer Duty protocols and the automotive retail sector now subject to commission disclosure regulations, motor finance has once again been reassessing how it operates.
Insurance and warranty firm Opteven Group is restructuring its UK business including WMS Group.
Approximately 50,000 MOT testers have yet to complete their annual assessment, according to data from the Driver and Vehicle Standards Agency (DVSA).
Marriot Motor Group has formed a new partnership with iStoreDOCS to help boost data security it provides to customers.
Vendigital has achieved a top-20 ranking in the Financial Times Leading UK Management Consultants special report, for the third year running.
Paragon Bank’s Motor Finance managing director Julian Rance has suggested that used car values will remain robust for "three to four years" as elelctric vehicles (EV) start to dominate registrations.
In the latest of Automotive Management's (AM) '10 minutes with...' feature series Tom Seymour sat down with National Franchised Dealers Association (NFDA) chief executive Sue Robinson.
Volkswagen Financial Services UK (VWFS UK) has extended its defleet relationship with Manheim for another five years, taking the partnership to December 2026.
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.
The Peter Vardy Group’s CarMoney motor finance operation is aiming to boost its presence in the North East with the appointment of Owain Thompson as regional sales manager.
Online car retail, stock acquisition, reputation management and consumer finance were among the themes explored by speakers at AM Live 2021.
Online car marketplace Heycar is reintroducing its free car delivery scheme.
Automotive sector logistics specialist Engineius has appointed Andrew Wyatt as its new finance director.
Auto Trader has made its Auto Trader Connect real-time car retail market data portal free to all advertisers in a bid to help car dealers adapt with a market “moving at record pace”.
Car dealers temporary rise in stock levels at 2021’s year-end is set to be a temporary trend, according to data published by Indicata.
Startline Motor Finance has appointed Andy Smithson to the new role of head of internal control, compliance and legal relay.
The UK’s established used car retail operators will continue to dominate the sector after ramping up their breadth of services to see off new market disruptors such as Cazoo and cinch, iVendi has said.
Motorway has appointed former eBay and Trainline communications specialist Victoria Biggs to the newly-created role of chief communications officer.
Auto Trader claims that two thirds of all used car dealers' sales in the UK result from leads generated via its online marketplace.
Ben is launching a new online self-referral route to access its free life coaching service.
Used car values were up 13.2% year-on-year in December as BCA’s programme of festive auctions delivered a near-25% sales boost during the last week of 2021.
