The used car markets record-breaking performance in 2018 is expected to continue this year, predicts the National Association of Motor Auctions (NAMA).
UK car dealers remain ‘resolutely optimistic’ despite Brexit, diesel vehicles’ negative press and increased competition for used car stock in 2019, according to Close Brothers Motor Finance.
Motorpoint is targeting a £40,000 2019 fund-raising target following a series of events which delivered a near-£30,000 windfall for its partner charities in 2018.
City Auction Group sold 450 cars in three hours at its refurbished Rockingham site, which now features two lanes.
MotoNovo Finance's online used car aggregator Findandfundmycar.com has reached 2,600 dealer sign ups since it s launch in 2018.
Used car dealers sold Ford Kas more quickly than any other used car last year, according to data from Indicata.
A pistol-wielding trespasser who told two car salesman “I’ll ****ing hurt you” after they confronted him over the use of their car forecourt for a regular cut-through has been jailed for 12 months.
Hippo Motor Group is in the process of developing a £4m vehicle preparation centre before starting a £1m expansion of its prestige used car showroom in order to facilitate the business’ growth.
The Vauxhall Mokka finished top of Auto Trader’s fastest selling cars of 2018 rankings – with SUVs filling eight of the top 10 places.
Finance and Leasing Association (FLA) data for November has shown a 1% decline in point of sale (POS) consumer car finance by volume, compared with the same month in 2017.
Driver 1 has announced the launch of its car subscription service, offering car retailers the opportunity to monetise pre-registration stock.
Manheim research has revealed that the Vehicle Excise Duty (VED) supplement on vehicles costing over £40,000 has caught customers unawares.
A price rise of 15.5% during 2018 propelled petrol-powered used cars to record levels, according to online remarketing specialist Autorola.
CarGurus has launched its inaugural national TV advertising campaign in the UK, running through quarter one of 2019.
Additional used car stock is part of the 2019 business plan of 52% of car retailers during 2019 – as 65% target growth in the sector.
Aston Barclay has announced its acquisition of Leeds-based Independent Motor Auctions at an event launching its new Wakefield ‘Mega Centre’ and the latest developments in its digital remarketing platform.
Strong competition for used car stock drove average values to a record £10,141 at December’s auctions, BCA Pulse has reported.
Sytner Group's CarShop has partnered with BCA in a 12-month deal that will see up to 7,500 vehicles sold annually in weekly sales.
A premium car dealer stands accused of conning five customers out of £147,500 after offering his customers deals that were “too good to be true”.
In the wake of the Society of Motor Manufacturers and Trader’s fully-year 2018 new car registration figures, Cazana valuations director, Rupert Pontin, delivers his market analysis for December, 2018.
Car retailers avoided a repeat of the record losses incurred during November 2017 with their trading during the penultimate month of 2018, but still posted an £8,500 average deficit.
Used car retailers experienced a 12.2% year-on-year rise in sales and 10% rise in finance penetration during December, according to Dealerweb.
BCA has launched a new app that will help to streamline the used car buying process to ensure its customers never miss a vehicle.
Auto Trader and Cox Automotive UK have completed the joint venture process to bring together their used car stocking platforms under a re-launched Dealer Auction business.
The Volkswagen Golf was the most popular car searched for on Auto Trader in 2018, overtaking the BMW 3 Series after an eight-year reign.
