Car retailers posted a monthly loss of £18,000 in February as new car margins continued to deteriorate ahead of a disappointing month of registrations in March.
Amid news of a 10% UK showroom sales decrease since 2010, a Servicing Stop survey has revealed 64% of motorists are likely to buy their new or used car online.
Manufacturers are being urged to “learn from past mistakes” in order to capitalise on the anticipated surge of EV sales.
Mercedes-Benz Cars UK has taken to YouTube and television to promote its Approved Used Cars offering in a ‘Perfect Match’ multi-media advertising campaign.
Decline in overall enquiries reflects struggle to replicate record Q1 in 2017, but online enquiries for new and used cars buck the trend, Dealerweb reveals.
Mercedes-Benz Cars UK has appointed Rachael Thompson as sales director and Krishan Bodhani has been promoted to used cars and remarketing director.
Ford has announced the launch of its "first" sales channel for trade parts,‘Parts Plus’, aimed at independent repairers.
New drivers are spending an average of £4,627 on their first car, with the Ford Ka the most popular model.
South coast automotive group Hendy will open a Car Store used car showroom in Ferndown, Dorset, next year.
BCA raised more than £1,000 for Royal Brompton & Harefield Hospitals Charity during the Motorline Mega Sale at BCA Paddock Wood on Wednesday, March 14.
Johnsons Cars has signed a three-year deal with BCA which will see the car auction specialist manage the remarketing of over 20,000 vehicles for the group.
Cap HPI has reported that used car prices have risen an “eye-opening” 1.2% since the start of the year, following a 0.4% increase so far in March.
Prestige used car dealer Maundrell sold a sought-after Porsche 911 RS to a buyer in Singapore, using a CitNow video.
Buyacar has highlighted car dealers’ “dash to pre-register cars” by identifying the top 18-plate used car bargains for potential customers – just weeks after the March plate-change got underway.
BCA has announced the trial of a new mobile buyer app following feedback from its customer base, so customers “never miss an opportunity”.
The average price of a used car sold at auction rose by 16.7% year-on-year in February, according to The National Association of Motor Auctions (NAMA) car auction data.
Auto Trader’s masterclass at the AM DigiTech conference will identify the best used car dealers in the sector and offer 12 tips on how to improve performance.
Trade Centre Wales will develop Europe’s largest used car showroom in Coventry as part of growth plans outside its home territory of Wales.
Diesel vehicles accounted for 53% of online used car searches via Auto Trader but the fuel type failed to keep pace with petrol powered alternatives 10% year-on-year price rise in February.
Cap HPI has struck-up a new partnership with online classifieds specialist Shpock after the business established its own online automotive marketplace.
Thurlby Motors in Lincolnshire has ditched both its Nissan and Vauxhall franchises after it “suffered heavily” in 2016 and 2017 from demands to pre-register to hit increasing targets.
The average price of a used car reached its second-highest level on record for remarketing specialist BCA as demand remained high across its 24 auctions centres and online platform during February.
Aston Barclay has unveiled plans to expand its Westbury auction facility with the creation of a second hall after Wessex Garages and MotoNovo became new vendor customers at the site.
The AA has bought the used car classifieds website VCARS, four years since they formed a partnership which led to the AA Cars brand.
Marshall Motor Holdings has reported a 19.5% increase in turnover and a 14.4% rise in underlying profit before tax in a set of annual financial results hailed as “excellent” by chief executive Daksh Gupta.
