Perrys Motor Group is outperforming its pre-pandemic car sales volumes according to a breakdown of COVID-19’s impact on the AM100 group.
Used car supermarkets sold vehicles almost twice as fast as their independent counterparts as they cut retail prices to drive sales in June.
An 11.1% June uptick in used car prices on Auto Trader suggests that dealers have been making efforts to realign their advertising to accommodate recent months’ wholesale price surge.
Demand for used cars appeared to slow in June, according to data from Dealerweb.
Valuation experts and AM100 retailers have conceded that they do not know when this year’s “unprecedented” used car price rises will end.
CarShop has revealed its plans to create its 14 used car supermarket site with the redevelopment of a Autoworld dealership in Willenhall, near Wolverhampton.
Almost one in 10 used car purchases are now completed entirely on a smartphone, according to BuyaCar.
Auto Trader has revealed that car buyers are considering vehicles being offered for sale 25% further from their homes since the start of the COVID-19 pandemic.
Peter Vardy Group has officially left the Vauxhall franchise network and launched its Carz Supermarkets brands at the six Vauxhall sites across Scotland.
BCA has questioned “sensationalist” media coverage of used car price growth, arguing that wholesale values have only seen subtle changes.
Arnold Clark has launched a new weekly dealer sale at Aston Barclay’s Prees Heath site as part of an extended remarketing agreement.
Marshall Motor Group chief executive Daksh Gupta has given an insight into how the AM100 PLC will continue to adapt to the changing car retail market after a “pretty special” start to 2021.
Cap HPI has underlined the importance of its live valuations service as the pace of wholesale used car price rises continued with a 13.5% increase in the past three months.
Motorpoint has revealed its plan to create an eight-acre used car preparation centre in Motherwell as part of its "ambitious" growth plans in Scotland – creating around a dozen new jobs.
Used car dealers have been urged to remember that consumers ultimately dictate the price a car can be sold at as wholesale values continue to place pressure on stocking levels.
The Mercedes-Benz GLA Class compact SUV topped the rankings of the fastest-selling used cars advertised on Auto Trader as dealers continued to see a reduction in days to sell.
In an exclusive 'guest opinion' for AM, Dealerweb director Martin Hill asserts that reports of the death of the traditional car retailer have been greatly exaggerated.
Vertu Motors PLC has upgraded its pre-tax profit forecast for 2020 to £28 to £30 million – above current market expectations.
British Car Auctions (BCA) is utilising robotic process automation (RPA) to help improve process handling and customer service.
Hybrids are emerging as the growth fuel type among used car buyers researching their next vehicle purchase online, according to research from Buyacar.
Used hybrid cars are gaining popularity in the used car market, according to new data from Indicata.
Car buyers have been warned to be on their guard as Trading Standards track a bogus online retailer demanding full payment to secure next day delivery of vehicles which never arrive.
Car retailers will be locked into a strategy of “retaining profit margins at all cost” as vehicle supply issues continue into 2022, according to Cox Automotive.
May’s used car sales volumes were 14% ahead of the same period in the pre-COVID trading period of 2019, according to data from Auto Trader.
The July Issue of AM magazine is here, with insights into Inchcape UK's downsizing, the "unprecedented" used car market, the impact of FCA revisions on dealers' point of sale finance, and more.
