A new partnership between Allianz Partners and the FCA Group helped to drive warranty work to Abarth, Alfa Romeo, Fiat and Jeep dealers across the UK during COVID-19 lockdown, it has been claimed.
Car retailers could avoid COVID-19 insolvency and help retain automotive sector jobs after being offered support from the Society of Motor Manufacturer and Traders’ (SMMT) Safe Harbour scheme.
BCA is promising to provide car retailers with "increased selling opportunities and efficiencies" with the launch of a new Retail Ready used car stocking channel.
Cap HPI’s head of valuations has said that the continued growth in used car values is “not sustainable in the long-term” - but may continue into 2021.
Activate Group is investing £15 million to expand its Activate Accident Repair body shop division with a further 15 technology-led sites - creating over 750 jobs.
The flagship Kia Sorento SUV topped the ranking in Auto Trader’s fastest selling used car rankings as vehicles which defy Government’s “rule of six” COVID-19 rules made a strong showing this week.
A new consultancy has been launched by three experienced, senior automotive experts to help dealers and OEMs identify opportunities and develop strategies to improve performance.
Santander Consumer Finance claims that it will “reduce margin costs and maximise sales” for car retailers with the launch of its new Your Red Car online marketing platform early next year.
BCA has reported that “exceptionally strong interest” in LCVs saw vehicles selling for an average of 13% over guide value expectations during August.
The motor finance sector must reinvent itself in light of the Financial Conduct Authority’s (FCA) new regulations which will ban all discretionary commission models from January 28.
Auto Trader has reported a 19th straight week of used car price rises with a 7.4% mid-September increase in the average advertised value on a vehicle offered on its online marketing platform.
Auto Trader is making preparations to move its Manchester headquarters into a new 80,000 square foot office facility which gained approval from city planners earlier this year.
Strong demand for newly-launched 70-plate models in September will make this a profitable quarter for car dealers across the UK, Motorvise’s Fraser Brown has insisted.
Vehicles from Arnold Clark, Bristol Street Motors, CarShop, Cazoo Part Exchange, John Clark Motor Group and Sinclair Group will be among those featured in a new Saturday online sales programme from BCA.
Auto Trader and price comparison website CompareTheMarket have launched a Quick Quote service offering car buyers rapid access to insurance for their new car purchase.
The Finance and Leasing Association (FLA) is set to make submissions urging Government to extend its COVID-19 business lending and introduce tax incentives to boost the adoption of alternative fuel vehicles (AFV).
Insurers will have to pay out claims on business interruption insurance policies amounting to hundreds of millions of pounds after a High Court ruling this week.
Sales in the used car retail sector showed signs of “cooling off” according to a market report which revealed declining in activity during August – with retail sales down 3.3% year-on-year.
Volkswagen Group’s new customer contact centre is set to be operated from a new 22,000 square-foot facility in Leeds after its appointed US service operator TTEC to operate the service.
The Institute of the Motor Industry (IMI) has partnered with the industry charity Ben to create the IMI 100 challenge to help support mental health and well-being within the sector.
Accident management provider Activate Group has appointed Lorna Turner into its newly-created head of commercial role.
BCA used car auctions delivered average sales entries of over 6,000 vehicles in August as average sold values continued to decline amid “stable market conditions”.
Car supermarket AvailableCar has signed a five-year disposal agreement with independent vehicle auction G3 Vehicle Auctions.
As the post COVID-19 lockdown period places ever more demand on automotive retail businesses being lean and efficient, Alun Oliver, managing director of E³ Consulting, explains why now might be the time for a thorough property tax review.
Manheim has confirmed that its auction sites will re-open for COVID-secure used car viewings from Monday (September 14).
