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.
Online car buying platform heycar is to take over the operation of the RAC Cars used car portal
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.
Greenhous Group is launching Lumen, a luxury car dealership specialising in pre-owned performance and prestige vehicles.
Holden Group has appointed Richard Hollis as head of group used cars.
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.
New data from cap hpi shows that only 17% of independent dealers stocked and advertised an electric vehicle last month, according to cap hpi.
Auction4Cars.com is expanding with new sites in Widnes and Chingford
Demand for used hybrid models is up 55% year-on-year with the petrol-hybrid Peugeot 3008 the UK’s fastest-selling used car
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.
Dynamics in the used market are set to rival the complexity of the pandemic era, according to Cox Automotive’s four-year market forecast.
