The phased easing of COVID-19 ‘Lockdown 3’ could deliver a staggered recovery for car retail or a double whammy of opportunity for dealerships across the UK, it has been suggested.
Epyx have launched a new and renamed version of its 1Link Disposal Network, where dealers can buy ex-fleet and rental stock.
Strike action proposed by COVID-19 hit employees at the DVLA’s Swansea headquarters could be set to impact the car retail sector’s own recovery period, Cox Automotive has warned.
Online search data and car buyer survey data has led What Car? to assert that there “healthy demand building in the market” ahead of April’s re-opening of showrooms across the UK.
More than two-thirds (77%) of information-hungry car buyers feel that manufacturers are not doing enough to educate them on what electric model was most suitable to their needs.
Heycar will reward car dealers with vouchers for Domino's Pizza, BT Sport and electrical goods as part of its new Lift the Cup sales incentive scheme.
The National Association of Motor Auctions (NAMA) has said that first-time conversion rates are set to rise as used car demand increases with the easing of COVID-19 lockdown restrictions.
Automotive ecommerce specialist iVendi has helped UK car retailers to facilitate £1.3 billion in vehicle sales in the past 12 months – up £200m despite the impact of COVID-19.
Auto Trader has painted a positive picture of the car retail sector during March’s COVID-19 ‘Lockdown 3’, with consumer confidence reaching new heights and dealers trading at 90% of normal volumes.
Automotive retail ecommerce specialist drivvn has appointed Sian Cutter as its new head of finance to support software as a service (SaaS) delivery to the sector.
UK accounting watchdog the Financial Reporting Council (FRC) has opened an investigation into Deloitte audit of Lookers PLC’s financial statements for 2017 and 2018.
Assurant has extended its used car warranty partnership with the RAC to provide protection cover for RAC Dealer Network customers until 2029.
Demand for subprime lending has more than doubled in the last year, according to motor finance broker Caerus Capital.
Alphera Financial Services has launched a new online finance and insurance (F&I) training programme, ‘Funding Essential Skills'.
CarGurus’ 2021 Buyer Insight Report has found that the 63% of car buyers are now open to the idea of buying a vehicle online as a result of the impact of the COVID-19 pandemic.
Staff headcount at iVendi is set to “almost double” over the next three years, in support of expansion plans in the UK and Europe, says chief executive James Tew.
Castrol has promoted sales manager Marc Perkins to the newly created role of head of sales, UK & Ireland, as part of a new ambition to increase its market share.
GForces has developed a new video solution for car retailers that automatically produces video content for all vehicles in stock.
The average list price of a used car increased by 1.5% in February, climbing from £12,370 to £12,558, according to eBay Motors Group.
National Grid fleet manager Lorna McAtear has received the Barbara Cox Woman of the Year Award at an event to mark International Women’s Day.
CD Auction Group has partnered with automotive technology company Reemaq to launch a new vehicle logistics service for car dealers.
Online used car marketplace Used Cards NI has promoted Stephen Kelly into the role of managing director as it looks to capitalise on accelerated mobile browsing habits and increasing online purchases.
Aston Barclay has partnered with the AA and VMS Group to provide its used car buyers with vehicle checks and a buyer guarantee before making their next stock purchase.
Cox Automotive continues growth strategy with Codeweavers acquisition
A What Car? survey of 2,359 in-market car buyers has found that 59% are now poised to purchase on April 12 following Prime Minister Boris Johnson’s announcement on the re-opening of retail after COVID-19 ‘Lockdown 3’.
