Pendragon is preparing to launch a fresh used car proposition under the brand ZenCar by the end of this year.
Record used car value increases in September have been hailed as a “black swan event” by Cap HPI, with head of valuations Derren Martin describing the seventh consecutive month of rising prices as “extraordinary”.
Motorpoint has said that a “heavyweight media campaign”, customer prizes and gift giveaways are set to drive footfall into its new Manchester used car supermarket.
The UK’s weekend fuel frenzy sparked a 61% rise in car buying interest in electric vehicles (EV) on Auto Trader and a 59% spike on carwow.
More than 20 dealer groups, operating 740 showrooms, are making use of Cox Automotive’s eVA Valuations and Appraisals tool.
Used diesel cars are in rising demand as commuters opt for fuel-efficient cars to replace public transport in light of the COVID-19 pandemic, research from heycar has found.
The Kia Sportage has re-established its dominance as the AM readers’ Used Car of the Year.
Technical issues arising after a platform update left car dealers reliant on Auto Trader Market Insight view of their advertisements’ performance in the dark for more than two days.
Used car values are likely to rise to “another new level that once didn’t seem possible” according to BCA chief operating officer Stuart Pearson.
Marshall Motor Group’s Mercedes-Benz Southampton dealership impressed AM Awards 2021 judges after its workforce improved its performance despite the challenges posed by COVID-19.
Aston Barclay has enhanced its digital platform to enable finance houses to repatriate used cars back into franchised dealer networks.
A range of eight remarketing modules for motor finance, vehicle leasing, and major fleets has been launched by Epyx.
The National Association of Motor Auctions (NAMA) has appointed Fleet Auction Group (FLAG) chief executive Andrew Walker as its new chairman.
Cashflow is quickly becoming king as larger car dealers and used car supermarkets pay well above market valuations to secure used car stock, according to Shoreham Vehicle Auctions (SVA) managing director Alex Wright.
A £1.7 million funding package from Santander UK has allowed The Car Sales Company Bury to open a new showroom and boost its workforce with the addition of 20 new staff.
Used car prices rose by 16.6% during the first eight months of 2021 as an imbalance between supply and demand dictates that customers will “clamour for whatever stock they can get their hands on”.
We Buy Any Car has been fined £200,000 by the Information Commissioner's Office after sending 191 million emails and 3.6 million “nuisance texts”.
More than one-in-10 nearly new used cars are now more expensive than their brand new equivalents as limited supplies and soaring demand delivered an 18.6% year-on-year rise in values.
Almost half of respondents to a recent survey by NAMA said they expect volumes of vehicles coming into auction to increase over the next month.
Constellation Automotive’s cinch online car retail platform has strongly denied “far-fetched” rumours that it is lining up an approach to acquire used car supermarket giant Motorpoint.
Almost a third (31%) of in-market used car buyers were originally planning to buy a brand-new vehicle, according to a new What Car? study.
Premium SUVs and plug-in vehicles have dominated Aston Barclay’s used car desirability index for September.
Renault Group and RCI Bank and Services have acquired a stake in the heycar-owning Mobility Trader Holding business.
Used car sales have recovered by 2.8% from September 6, while new retail adverts have surged by 27.8%, according to the latest Cazana data.
The founder of former used car buying business Sell Your Car With Us has been banned from holding a directorship for nine years after conning 48 customers out of over £750,000.
