The used car sector delivered double-digit growth in the value of new business generated in July as supply issued continued to subdue new car registrations.
Cazoo has confirmed that it will retreat from mainland Europe to focus on the UK used car market as part of cost-saving measures expected to deliver net savings of over £100m by end of 2023.
October’s fuel cap price increase - if implemented - would result in a safety risk for motorists as one-in-five say they plan to cut back on car maintenance.
Motorpoint chief executive Mark Carpenter is rooting for a strong September of new car registrations to get supplies flowing and ease an “overheated” used car sector.
Used premium cars are attracting more buyers in the 18-24 age group than before, according to Heritage Car Insurance.
Suggestions that the UK’s used cars vales are in steep decline are on the verge of a crash have been slammed as “sensationalist speculation” by Auto Trader.
The average price of used cars remained flat in August as stock volumes continued to dip and days to sell improved, research by eBay Motors Group has found.
The average cost of a used van or LCV sold in BCA's auctions during July was £10,220, a 4.2% rise month on month, as used car costs rose by 2.9% to £9,464.
The Lexus LFA has emerged as the most searched-for 'rare' car, in a study by confused.com.
The last-generation Range Rover has topped a list of the least reliable cars, according to Warrantywise.
An independent used car dealer who had started selling cars from his rural home without permission has had a reprieve from South Norfolk Council because they didn't want to put Langley Cars out of business.
A growing divide in the used car sector is seeing values decline among older vehicles in poorer condition as retailers remain ‘laser focussed’ on fast selling stock, BCA has said.
Car retailers are having to “work harder” to maintain sales as consumer demand begins to falter, Cap HPI has reported.
Carwow has attributed a 29% increase in sign-ups to its online car marketplace to improved vehicle supplies and an upgrade of its platform.
Car retailers must rethink their customer propositions to offer greater financial security to cash-strapped customers, according to RAC Dealer Network.
Subaru delivered a shock by surging to a second-placed ranking in Dealer Auction’s Retail Margin Monitor.
Holidays in the sun are being prioritised above car purchases ahead of a tough winter which is expected to see the UK slide into recession amid ongoing inflation, Cap HPI's Derren Martin has suggested.
A shortage of used electric vehicles (EVs) could push prices so high that a new vehicle makes more financial sense to buyers, warns Indicata.
Used car dealership in Plymouth, Turners of Roborough, is facing a demolition and rebuild to allow for major road improvements in the city.
UK used car sales shrank by nearly 20% in Q2, despite a 57.1% increase in used electric vehicle sales over the same period.
Older vehicles are creating problems with service history, preparation and breakdowns, as 86% of dealers express issues.
Used Land Rover Defender models are the most desired at auction, according to Aston Barclay’s desirability index.
Deceiving customers into believing cars it sold were compliant with London's ULEZ restrictions has led to £65,483 in charges for Hilton Car Supermarket in Hayes.
Sub-two-year-old cars priced over £20,000 were the 'sweet spot' for dealers in July, according to the latest eBay Motors Group Market View.
V12 Vehicle Finance (V12VF) has reached its third-year anniversary with record sales figures.
