Motordepot is preparing to complete a programme of growth which will have doubled the the size of its UK network in just 12 months with the opening of a new car supermarket in Stoke.
CarGurus claims to be "the fastest growing major automotive shopping site" after its Q2 revenues grew by 45% year-on-year and its unique monthly user base swelled by 54%.
Motorpoint has announced that its Glasgow showroom is to be opened by BBC Scotland Still Game stars Jane McCarry and Mark Cox.
City Auction Group has appointed David Macklin as operations manager at its Rockingham remarketing centre.
Used car buyers are expecting a purchase experience on a par with new, according to CitNOW research to be explored at the video specialist’s Best Practice session at Automotive Management Live 2018.
Pendragon has blamed the performance a faltering UK Motor Division for a 41.4% fall in underlying pre-tax profits in financial results for the first half of 2018.
The used car market will shrink by 3.7% to 7.86 million sales during 2018, according to a forecast published by Cox Automotive.
G3 has won an exclusive remarketing contract with First Response Finance Ltd following a unique "Champion Challenge" tendering process.
Fresh Motors founder Jacob Freshwater has said that creating the right environment for used car sales was central to his Rising Star award win at the recent Auto Trader Retail Awards.
Almost two in five dealers have highlighted stock acquisition as the number one commercial challenge in their used car business.
Used car sales have been boosted by 6% in July from leads fed through from dealers’ service departments, according to data lead management company enquiryMAX.
Dragon2000 has partnered with Codeweavers to offer an “industry-first” finance integration into the firm’s dealer management system, DragonDMS.
JCT600 is in discussion with potential additions to a premium-leaning car dealership portfolio to “fill in the gaps” after losing its retail franchise with BMW in Bradford.
Yeomans Honda has received “positive feedback” on its new customer-focussed showroom after a new site layout alleviated parking issues at its Littlehampton dealership.
Cartime has revealed plans for a new £1.6 million premium used car showroom after exchanging contracts on prominent retail site in Rochdale.
The used car market slowed in July, according to Cap HPI.
A WLTP-prompted shortage in the supply of new vehicles has resulted in daily rental companies turning to the used car market to replenish their fleets, the Vehicle Remarketing Association (VRA) has said.
Motorpoint has posted a short trading update where it said trading in Q1 has delivered “solid sales and profits”.
Vantage Motor Group will remarket 6,000 used cars through auction houses in Donington Park, Prees Heath and a planned Wakefield ‘Mega Centre’ as part of a new solus remarketing deal with Aston Barclay.
Tootle has launched a new progressive comparison tool which allows car buyers to compare offers from dealers and car buying service companies.
Average used diesel prices of cars sold on the Autorola online portal continued to rise in Q2, although there was a noticeable fall in volume.
Seven vehicles were stolen along with the keys and log books for a further 50 vehicles in a raid on the Motorcity independent used car dealership in Walsall.
Aston Barclay’s plan to “revolutionise the UK remarketing sector” could move a step closer to realisation with the creation of a new 70,000sq-ft car auction Mega Centre in Wakefield.
Motordepot has announced its plan to make Sheffield the site of its ninth used car supermarket as part of its recent expansion drive which has added three new locations within the past 12 months.
Sytner Group has donated £28,145 to the Ben chairty via an annual donation based on the number of cars sold through Sytner’s online trade-sales web site Sytner Electronic Auction.
