Car retailers recorded an average decline in profit of 31.7% during June as the average sum earned declined by £13,000 to £28,000 during the month, ASE has reported.
July 2019 brought with it much discussion around the decline in used car performance despite a level of decline which will remain a moot point.
Santander Consumer Finance (SCF) is launching a new online loan application platform with e-sign capability that can be integrated into a car dealer’s website.
More than half of car buyers rely on online customer ratings when selecting a car retailer to buy their next car from, CarGurus has said.
Over a third of car buyers have expressed an interest in emerging car subscription services, according to survey results published by Motors.co.uk.
Mazda UK has teamed-up with long-term warranty and roadside assistance provider Allianz to offer a new range of service plans through its franchised dealer network.
GForces has signed-up its 200th customer for its NetDirector Auto-e online car retail platform after reaching the milestone in “record time”.
Used car values have dropped by a record 2.2% decline for July as the large executive and luxury executive cars fell out of favour with car buyers, Cap HPI has reported.
David Mercer, the MD of V12 Motor Finance, explains its new way of blending auction services, dealer funding and end-consumer finance for vehicles and repairs
While Mercedes-Benz’s aim to complete 25% of new car sales online by 2025 are a welcome development in motor retail the German manufacturer’s targets could be considered “conservative”, says iVendi.
Cox Automotive has sold its Real Time Communications business to its founder and senior leadership team in a management buy-out.
AutoVHC has appointed Paul Muers to replace will now replace outgoing head of business Chris Saunders.
Vertu Motors, Chorley Group, TL Darby Volkswagen and Available Car Supermarkets were among the winners of the 2019 Auto Trader Retailer Awards.
Aston Barclay beat competition from mobile phone provider 3 and Manchester United football club to be awarded the gold award for Best Mobile Strategy at the UK Digital Experience awards.
More than 2,800 consumers have complained to The Motor Ombudsman (TMO) in the last 2.5 years about warranty products they've been sold.
Despite the advent of online car retail platforms and an attempt to deliver soft-touch approach in showrooms, 52% of car buyers feel that the sales process has not changed.
BCA has launched its cinch consumer-facing online classified with the promise of helping car buyers find, buy and selling used cars.
The volatility of used car values “started to ease” with a 2.2% average rise to £9,463 in June, according to the monthly BCA Pulse report.
Car dealers concerns about the roll-out of the new RDE2 Real Driving Emissions car testing standards in September are ‘unlikely’ to manifest themselves in a WLTP-like impact on the market, according to Cox Automotive.
Vauxhall was the fastest-growing car brand in the personal leasing market during the first half of 2019, according to data published by Leasing.com.
Evolution Funding has picked up four awards at the Car Finance Awards 2019, including being named Best Broker for the fourth consecutive year.
Used car buyers are increasingly choosing to buy longer warranties when buying cars from independent dealers, finds the RAC.
Original Equipment Manufacturers (OEMs), their National Sales Companies and franchised car retailer networks need to upweight plans to stop the erosion of overhead absorption across the franchised sector, if the viability of their operations is to be improved and customer confidence maintained.
Online car retail start-up Cazoo has continued its recruitment drive with the appointment of Darren Bentley as its chief customer officer.
The National Franchised Dealers Association (NFDA) has shrugged any suggestions of divisions caused by Brexit by joining the newly-formed Alliance of European Car Dealers and Repairers (AECDR).
