Used car dealers are focusing on sub-£15,000 models from mainstream brands this month, following a period of high demand for premium-badged cars.
The consumer car finance market grew 2% by volume and 13% by value in December to complete a 2021 “rebound” despite the headwinds of COVID-19 and vehicle supply shortages.
Used car supermarket group Big Motoring World has underlined its “big” UK-wide expansion plan with the launch of a new brand identity and website.
Cazoo is targeting 100,000 annual used car sales and a £2 billion turnover in 2022 after raising a further $630 million (£414.2m) to fund its expansion in Europe and UK growth.
Independent used car dealers and repairers have just two weeks left to have a chance to win a prestigious AM Award in 2022.
Suzuki GB launched a new and updated approved used car programme in a bid to provide a greater breadth of choice to its customers.
A 14-year-old boy was arrested following a late-night vandalism spree which resulted in damage to every car at WeBuyAnyCar’s Swindon depot.
Cazoo has secured a sponsorship deal with Spanish LaLiga football club Real Sociedad as its strategy to drive car sales growth through profile continues in mainland Europe.
Used car retailers rallied against three months of COVID-enforced dealership closures and vehicle supply shortages to deliver annual sales up 11.5% year-on-year in 2021.
Used car buyers have been told they must “get used to a significantly older profile of vehicle” as supply shortages look set to continue into 2023.
Volvo Car UK has launched a new used car sales platform that will sell its “newest” vehicle stock direct to online car buyers.
More than one-in-five nearly new used cars advertised via Auto Trader are now priced above their brand-new equivalents after a further 31.3% year-on-year rise in values during January.
Used car buyers are less interested in fuel economy, despite rising pump prices, according to BuyaCar.
Used car stock levels and prices have remained stable in January, following a year of unprecedented growth.
The Tesla Model 3 has been declared the most desirable used car and electric vehicle (EV) of 2021 for dealers by Aston Barclay.
Nissan has announced the launch of Good-to-Go, a new aftercare package for cars aged three to 10 years.
Online car marketplace Heycar is reintroducing its free car delivery scheme.
Auto Trader has made its Auto Trader Connect real-time car retail market data portal free to all advertisers in a bid to help car dealers adapt with a market “moving at record pace”.
Ford of Winsford remains “open for business” after firefighters rushed to extinguish a blaze in the workshop of its used car supermarket site.
The Peter Vardy Group is forging ahead with a ‘Mobility for Everyone’ promise with its planned launch of a new FlexAuto vehicle rental solution.
A share price slump has seen the value of online car retailer Cazoo halve since its August listing on the New York Stock Exchange.
Car dealers temporary rise in stock levels at 2021’s year-end is set to be a temporary trend, according to data published by Indicata.
The UK’s established used car retail operators will continue to dominate the sector after ramping up their breadth of services to see off new market disruptors such as Cazoo and cinch, iVendi has said.
Motorway has appointed former eBay and Trainline communications specialist Victoria Biggs to the newly-created role of chief communications officer.
Auto Trader claims that two thirds of all used car dealers' sales in the UK result from leads generated via its online marketplace.
