Auto Trader research has said that a third of car buyers remain cautious about visiting a dealership, despite healthy levels of demand which look set to continue.
New data from dealers across the UK shows a strong recovery in the first week in June as lockdown begins to lift, according to Dealerweb.
Tracker, is helping dealers comply with new rules to protect themselves and the public, whilst also protecting stock when it comes to unaccompanied test drives.
Concerns about personal finances topped the list of challenges for dealership staff in a new CarGurus survey, with 41% of respondents saying they were struggling with financial pressures.
The impact of the COVID-19 coronavirus pandemic will be central to the findings of the BDO Motor Retail Salary Survey 2020, which is now encouraging participation from across the sector.
Car dealers have resisted the temptation to “slash prices” during COVID-19 lockdown according to Auto Trader data which showed an 1.9% year-on-year increase in May.
Four of the UK remarketing sector's industry bodies have come together to deliver unified guidance on how to comply with safety guidance as the COVID-19 crisis eases and automotive retail businesses begin to re-open.
Cazana has reported that demand for used cars during the COVID-19 lockdown may have outstripped the 20% of sales transactions which were completed during the period.
CarGurus has suggested that the re-opening of car showrooms in England this week has helped generate increased online leads for retailers in Scotland and Wales.
AA Cars has announced it will be extending it’s 50% discount for car dealerships for a third consecutive month into June, to help support UK used car busnesses weather the impact of COVID-19.
JudgeService has found tht the majority of customers are happy to visit car showrooms in person if COVID-19 safety measures have been put in place.
Car dealers could soon gain a much larger geographical footprint as a post COVID-19 lockdown shift to online sales models attract buyers from further afield.
The number one spot in UK car retail sector’s classified advertising space continues to be the key target for Car Gurus – with market leading return on investment (ROI) seen as the catalyst for success.
As lockdown eases, dealers returning to trading on June 1 are likely to prompt a ‘step change’ in online motor retail, says iVendi.
Auto Trader has announced that it will resume charging car dealers for its online classified car adverts from June 1 – with a 25% discount during their first month of showroom trading.
Car retailers have been urged to “hold their nerve” and not rush to liquidate stock ahead of an anticipated rise in sales demand following June 1’s re-opening of car showrooms across the UK.
Volvo Car UK will partner with carow from June to enable free carwow membership for the manufacturer’s entire retail network.
WhatCar? has extended free access to its online New Car Buying platform management service until the end of September, in its continued effort to help the industry recover from the slump caused by the Coronavirus pandemic.
Over two-thirds of car buyers want to purchase their next vehicle face-to-face, despite the risks posed by the COVID-19 coronavirus – highlighting the importance of showrooms’ June 1 reopening.
Car retailers who have sought government support during the COVID-19 lockdown period are being warned to be on their guard as scammers posing as the HMRC launch an opportunistic fraud campaign.
Rising demand among car buyers in COVID-19 lockdown has prompted Auto Trader to bring forward the launch of home delivery and click and collect online marketing tools.
Online reputation management is an ‘area of opportunity’ for dealers, as a study conducted by CarGuru’s revealed that half of consumers choose a dealer based on online reviews.
CD Auction is re-starting sales across its operations with immediate effect, amid relaxed lockdown measures introduced by the Government earlier this week.
Growing volumes of COVID-19 coronavirus lockdown used car sales have prompted Cap HPI to admit that the time is right for recommence valuation changes – and initial sales suggest a 2% to 5% decline.
Six-in-10 car retailers believe that prolonged grants and support from Government are required to support the automotive retail sector through the COVID-19 coronavirus crisis as redundancies begin.
