Dealers may have a sales struggle in March, as February figures show a decline in sales and enquiries for both used and new cars.
Robins & Day has launched a new service allowing customers to reserve a used car online.
Whilst the car-buying public may not be turning their thoughts to spring and summer quite yet, dealers should be.
Development of battery and hybrid technology is moving swiftly as is the public’s perception and reviewing market data on a monthly basis will ensure a clear and accurate understanding of what is a difficult sector starved of data due to low registration volumes.
Auto Trader has insisted that the car “finance bubble” is not about to burst, claiming that the affordability it delivers is key to social mobility and cleaner motoring in the UK.
A landmark ruling that could see cities across Germany ban older diesel-fuelled vehicles from their streets could be set to impact manufacturing and used car residual values in the country.
NextGear Capital has launched the ‘first mobile wholesale funding platform’ enabling dealers to manage stock on-the-go.
Used values rose by a further 1% in February as demand for new cars softens, according to Cap HPI.
Manheim Online had a record-breaking start to the year with an 11% growth in volume over its previous record.
City Auction Group is celebrating its three-year anniversary at the Rockingham auction facility with the launch of weekly sales following record growth last year.
Work has been completed on the Vroom Car Retail Park expansion, with the Newcastle-based car supermarket now capable of housing a further 250 vehicles.
Listers Group has formed a partnership with CarGurus, which will see its used Audi stock available to buy online.
The Scottish Motor Trade Association has teamed up with Trading Standards to deliver a new set of guidelines to used car dealers operating in Scotland.
Premium used cars struggled to achieve top values at auction as hammer prices painted a “subdued” picture during January, according to the National Association of Motor Auctions (NAMA).
A US-based start-up called Fair is rolling out a used car finance app that connects customers with dealers’ approved used car stock online and is looking at launching in the UK next year.
Research from iVendi has shown that used car buyers conduct the most searches between 7pm and 9pm on Sunday.
The impact of motorists’ shift from diesel to petrol-powered vehicles could create a “culture shock” for used car retailers in two years’ time, the VRA has claimed.
Land Rover used values are appreciating ahead of 2019 new Defender sales, giving dealers a profit opportunity.
The UK used car market “remained strong” in 2017, dipping just -1.1% compared to the previous year, according to SMMT report.
City Auction Group is in a new business partnership with Vauxhall Finance following Northern Irish auction success.
Auto Trader has revealed that the Mini Cooper was the fastest selling used car in January followed by the Fiat 500X.
A 9% drop in new car sales compared to the previous year confirmed that the "market is getting tougher" but used car opportunity remained strong in January, according to enquiryMAX.
Pendragon’s share price has rallied following the publication of full-year financial results revealed the AM100’s second largest retail group had suffered a 19.9% dip in underlying profit before tax.
Values of used cars have continued to strengthen in February, according to Cap HPI’s Black Book Live.
The Finance and Leasing Association’s head of motor finance Adrian Dally has said that lenders expect a “stable” 2018 after full-year results from 2017 revealed new business had grown 2% by value and 7% by volume.
