Sytner will rebrand its CarShop businesses, close one location and is in discussions to sell some other sites as part of a major strategic review.
Leasing giant Ayvens is to relaunch its Ayvens Carmarket used car remarketing platform aimed at professional car traders and dealers in the UK.
Cambridgeshire used car dealer Ponko's won the 2024 Independent Dealer of the Year Award at the AM Awards
More than two thirds (68%) of dealers are finding it challenging to source the right stock at an affordable price
AM's dealer readers have voted for the MG 4 to win the Used Electric Vehicle of the Year trophy at the 2024 AM Awards.
Used car sales continued to soar in the first three months of 2024 with more stock than ever hitting the market due to sales of new cars picking up.
Used electric vehicles were the only fuel type not to enjoy price growth with average prices dipping -0.4% MoM in April, according to Auto Trader,
The group said it will continue to focus on the used car area in the coming years as the industry moves towards an agency model.
US-based giant Lithia, the new owner of Pendragon, has unveiled plans to axe hundreds of jobs.
Auto Trader has made its Deal Builder omnichannel solution available to all FCA authorised used car retailers to trial.
Used car values remained stable for the third month running according to BCA’s latest valuation data.
Carwow‘s online daily auctions saw dramatic growth during the first quarter of 2024.
Shoreham Vehicle Auctions (SVA) raised £30,000 during its recent March charity auction week for the Chestnut Tree House Children’s Hospice (CTH), based in Arundel, West Sussex.
Auction4Cars.com is expanding with new sites in Widnes and Chingford
The Lotus Emira has topped the list of used vehicles with the greatest profit potential sold via Carwow’s daily online auctions during the first quarter.
Used car finance is expected to fall by 5% this year to £21 billion while new car purchases are forecast to grow by 5% to £18bn
Vehicle remarketing specialist Aston Barclay is launching a new sale at its Chelmsford centre.
Sales of hybrids more than doubled with prices rising by 3.7% in the first three months of 2024, according to Autorola.
City Auction Group has appointed four new senior members of its team following record growth over the last year.
Motorpoint Group has seen an improvement in performance for Q4 2023 and in Q1 following what it described as "difficult conditions" last year.
March saw heartening signs of retail prices continuing to stabilise as movements adopted more usual seasonal patterns.
Falling EV values are stabilising once they reach price parity with ICE equivalents, March’s meeting of the Vehicle Remarketing Association (VRA) was told.
Nearly half (48%) of those looking to buy a used car reckon visiting an established bricks-and-mortar seller provides them with added reassurance
Sales of sub-two-year-old EVs recorded their highest ever market share of 11.2% in February, according to Indicata
Elon Musk's Tesla Model Y ranks as the least in-demand used car, due mainly to its high second hand price tag, according to research from Uswitch Car Insurance.
