Car buyers across the UK are following the national trend of keeping their spending locals, according to insights identified by heycar.
COVID-19 has not defeated us, we are coming back. My wife is a professional epidemiologist, and an entrepreneur, and her rage at how this process was handled is a topic for another day.
V12 Vehicle Finance has secured a partnership with City Auction Group in a bid to provide car dealers with a seamless used vehicle stocking proposition.
Car dealers across the UK delivered “robust car sales” growth as the easing of Government lockdown measures unlocked their ability to trade in June.
The used van market made history in June as a pent-up demand for vehicles triggered a rise in values of up to 40%, according to Shoreham Vehicle Auctions (SVA).
June delivered its first rise in used car values since 2009 in a two-tier post-lockdown market defined by increased demand for older, cheaper vehicles, according to Cap HPI.
MotorVise Automotive has partnered with Drive Assured and The Compliance Company to form the Motor Alliance – a new business aiming to drive car dealers’ profitability.
After almost three months of shuttered showrooms, the Government’s easing of lockdown restrictions meant car dealers in England were able to reopen their doors from June 1, Northern Ireland June 8 and Wales just this week.
Auto Trader has vowed to repay the funding its accessed through the Government’s Coronavirus Job Retention Scheme (CJRS) in its annual financial results for 2019/20.
BCA has announced a new fortnightly programme of online Top Car sales following successful events staged in May and earlier this month (June).
The latest webinar from the Institute of the Motor Industry (IMI) is set to address cash flow challenges that businesses are facing due to the COVID-19 coronavirus outbreak.
MOT centres carried out over two million tests during COVID-19 coronavirus lockdown period as many motorists chose not to take advantage of the Government’s six-month exemption.
The Vehicle Remarketing Association (VRA) is set to debate the potential impact of a “second wave” of the COVID-19 coronavirus and efforts to find an inoculation at its annual general meeting (AGM).
UK businesses were struggling to generate cash flow prior to the COVID-19 coronavirus, with car retailers among the nation’s worst performers, according to research published by BDO.
Classic car dealers have been given a new online route to acquiring stock with the launch of the new trade-to-trade remarketing platform, Classic Trade.
Automotive logistics providers will bid for home delivery jobs from car dealers in a new home delivery option launched as part of Auto Trader's Vehicle Moves platform.
Credit card firms could face significant damages claims after the Supreme Court dismissed an appeal by Visa and Mastercard, ruling that fees the companies were charging retailers restrict competition.
Consumer interest has grown rapidly this month, with car dealers receiving an influx of enquiries for new and used models.
A post-lockdown surge in used car sales activity has put retailers ahead of the same period in 2019, according to data gathered by Indicata.
Motorway has celebrated its delivery of record volumes of used car stock to the UK’s motor retailers post-lockdown – with £1.39m of sales completed in a single day last week.
ASE chairman Mike Jones has urged car retailers to focus on their "cash position" after the sector's businesses lost an average of £63,000 during April’s COVID-19 lockdown.
Pendragon’s Pinewood Technology has launched a new online payment feature for car retailers’ aftersales departments – enabling customers to pay before collecting their car.
COVID-19 has rendered physical car auctions a no-go zone for 23% of car retailers in the short- to medium-term, Cox Automotive’ s latest dealer sentiment survey has revealed.
A new COVID-19 aftersales whitepaper has questioned whether franchised car retailers are properly prepared for a June surge in servicing demand – and continued peaks and troughs to follow.
Cazana, the vehicle data company, has confirmed that used car pricing has not raced to the bottom during lockdown.
