ICDP has questioned whether car manufacturers will retain a desire to switch from a franchise to an agency retail model if consumer demand and inflation “head on opposite directions” in 2023.
Dealerships need to use the quieter Q4 period to ensure staff are fully prepared to meet an expected Q1 upswing – which could signal a move towards the return of something approaching normality.
Auto Trader has sold off its Webzone subsidiary, which trades as Carzone in the Republic of Ireland, for 30m euros (approx. £26m).
Jato Dynamics has announced the launch of its new solution, Car Mapper, designed to help speed up the process of used vehicle listing in the online marketplace.
The automotive retail sector’s used car shortages “will stick with us” for some time to come but it is not altogether bad news, Auto Trader commercial director Ian Plummer has told the AM News Show.
Evolution Funding achieved a milestone of transacting £1bn in motor finance advances, with total platform transactions of more than £1.5bn.
Opteven UK will pursue a “digital transformation strategy” for its WMS automotive warranties operation under its new operations director Madjid Hadj-Amar.
Consumers are shying away from expensive used electric vehicles (EV) amid escalating cost-of-living pressures, according to used car stock management and marketing specialist Indicata.
City Auction Group has expanded its operations with the launch of a new auction site in Peterborough.
Online car buying platform heycar UK has promoted its chief commercial officer Karen Hilton into the post of chief executive, with Mat Moakes becoming CCO of the heycar Group.
Electric vehicle (EV) home charger business, Muller EV, which trades as Andersen EV, has recently faced administration.
‘High demand’ for petrol and diesel vehicles is continuing to drive the strength of the used car market, according to Cap HPI’s Derren Martin.
Ohme chief executive Peter McDonald says the electric vehicle (EV) charge point provider will prove its value to car retailers and customers after striking up a new partnership with the Volkswagen Group.
Former GForces chief executive Giles Smith is set to step aside from his role as Automotive Transformation Group chief product officer following the appointment of Anson Moniz.
War, inflation, rising gas prices...not to mention a looming recession. Keyloop's executive vice-president of Alliances and OEMs Megan Harvey considers how car retail businesses can overcome the economic headwinds.
Used car prices rose by 2.17% on Auto Trader as new car supply constraints continued to drive a buoyant market in September.
Former Leaseplan director Tim Meadows has returned to epyx in the newly-created role of chief commercial officer.
Institute of the Motor Industry (IMI) policy manager Hayley Pells has called for Government to add the automotive sector on the UK’s Shortage Occupation List in an open letter to Secretary of State for Transport.
Used car supermarkets and franchised retailers responded to September’s sector stability to increase the value of their advertised vehicle stock by 1.5% and 1%, respectively.
Fast-growing Steer Automotive Group has opened a new flagship accident repair centre specialising in premium and luxury vehicle brands.
Car retailers’ electric vehicle (EV) buying advice is growing in importance as motorists hit by the cost-of-living squeeze exhibit “stoicism and indecision” amid rising transport costs.
Auto Trader is preparing to roll-out its used car valuations data to all its car retail customers as part of efforts to help them adapt to the “unpredictability” of the current trading climate.
Car buyers researching their next vehicle purchase on Parkers have gained access to 80,000 used car listings as part of a new partnership with heycar.
Car retailers have been the target of a “veiled threat” from an overstretched HMRC after the Government body identified the sector as a VAT risk area, MHA has revealed.
Car retailers have been told that the “clock is ticking” on tax incentives for business customers switching to electric vehicles (EV).
