Dealerweb data has revealed that dealers saw used car finance grow at 15.4% in November against the same month last year.
Increasing numbers of used car dealers are turning to the classifieds and lower grade stock as demand continues to outstrip supply, according to Manheim.
Research by CitNOW revealed two thirds of customers consider bodywork imagery the most important digital sales asset to receive from a car retailer.
Aston Barclay has employed the services of Amazon's Alexa voice command platform to share details of its auction programme to buyers in what it claims is a 'sector first'.
Cap HPI's vehicle identification specification service, Spec check, has added the Lexus and Toyota brands to ensure car dealers do not suffer from a missed profit opportunity.
BNP Paribas Personal Finance UK has launched a new motor finance solution, in collaboration with iVendi, providing a “strong alternative” to the current market offerings.
Used car values rose in November as “buyers competing strongly for stock both in-lane and via BCA Live Online” drove stiff competition for stock through BCA.
The chief executive of Motability Operations, Mike Betts, will step down after the National Audit Office (NAO) highlighted concerns over governance and executive pay at the charity.
November’s new car registration figures may be an indicator that the market is started to “rebalance itself” but market forces continue to favour used car retail, according to Cazana.
Manheim has promoted Matthew Davock as director of commercial vehicles from his previous role as head of LCV.
CDK Global has urged dealerships to give marketing managers a more “central role” when it comes to making decisions on technology.
Infiniti is on the hunt for a new UK boss after its regional director of Northern Europe Barry Beeston was appointed managing director of Circle Leasing.
CarGurus has signed an agreement to complete the acquisition of the PistonHeads used car retail website from Haymarket Media Group.
BCA Fleet Solutions will manage the appraisal and refurbishment of up to 55,000 BMW UK used cars each year at a newly-opened facility in Corby.
Cambria Automobiles and BCA agreed on a three-year exclusive remarketing deal which will see around 6,000 vehicles a year sold in weekly sales at the Blackbushe auction centre.
MotorEasy has launched a new online tool that allows customers to track the progress of garage maintenance and repairs on their car like fast food consumers track their pizza.
Software development workers at iVendi have completed their move to new Manchester facility which is three-times the size of their previous offices.
Supply constraints triggered by the introduction of WLTP have resulted in used car values that have defied the usual season trends, according to Cap HPI.
Car retailers will have to open up to the prospect of collaboration and integration in order to deliver a digital transformation that will benefit car retailers and buyers alike, according to Jardine Motor Group’s Matt Wrigley.
Volkswagen and Tesco have announced plans to create 2,400 new public electric vehicle (EV) charge points across the UK – with rapid or fast charging available at 600 stores by 2020.
KAR Auction Services is to acquire CarsOnTheWeb (COTW), extending its European footprint and technical ability to manage cross-border sales.
BCA Marketplace has “exceeded expectations” with a set of interim results which revealed an increase in UK remarketing revenues of 23.5% during the sixth month period to September 30.
The RAC Dealer Network has revealed that warranty sales by unit have increased by 11% in the third quarter of 2018 across its network of car retailers.
Hyundai’s Tucson SUV has emerged as Auto Trader’s fastest selling car for October after the 2015 diesel manual variant took an average of just 19 days to leave car dealer’s forecourts.
Startline Motor Finance has reported that it will end 2018 with business volumes up by around 20% on the previous year.
