The National Association of Motor Auctions (NAMA) has published its report for October 2017, showing drops in conversion rates and average value.
Tootle has recorded a 16% month-on-month rise in the average value of used cars sold via it online trading portal as mileage and age continue to fall.
City council planners have given the go-ahead for a £15 million Mercedes-Benz centre in Birmingham for LSH Auto UK.
Shoreham Vehicle Auctions annual charity auction for Chestnut Tree House children’s hospice raised £22,000 thanks to the generous donations of kind-hearted car dealers.
Cambria Automobiles chief executive Mark Lavery has highlighted the group's “cast iron balance sheet” after reporting a 4.9% rise in revenues and underlying profit before tax up 6.6% in its full-year financial results to August 31.
The government's 2040 ban on the sale of conventional petrol and diesel cars will not affect motorists car buying choices "for years", according 67% of respondents to the AA-Populus survey.
Reduced margins on used cars are driving increased dealer interest in getting the most out of added value products, claims Warranty Group.
As new car sales slow down there is now a growing importance of used cars to franchised dealers, research shows.
A comprehensive vehicle history is the top priority for trade buyers when acquiring used cars and vans online, according to Epyx survey.
Alex F Noble & Son has paved the way to used car sales growth with a £150,000 transformation of land adjacent to its Nissan premises at Straiton by Loanhead.
Cox Automotive claims that a mixed market in October has resulted in an increase in retail and stock funding sectors as wholesale divisions continue to show signs of slowing down.
The UK’s used car market declined for a second consecutive three-month period in quarter three of 2017. But diesels remained popular, with sales rising 4.2%.
The 2016 Ford Ka (petrol manual) was the fastest selling used car in October, taking an average of just 17 days to sell.
Dundee used car forecourt Charles Sandeman, which closed earlier this year, is set to reopen under a new tenancy.
A 12% increase in used car and van sales is expected to be achieved by the end of this year compared to 2016, RAC Dealer Network reports .
Consumer new car finance volumes fell by 11% but continued to rise in value according to figures released by the Finance and Leasing Association (FLA).
Aston Martin heritage specialist Nicholas Mee & Company will be expanding and relocating to a new multi-million pound purpose-built facility in the first quarter of 2018.
Used vehicle database Cazana has received a £1.75 million funding boost to help drive the next phase of its expansion in the UK.
BCA’s has seen used car prices rise to a new record high in October, with values rising 2.7% to £9,364.
The average price of a used car increased 6% year-on-year in October, according to data published by Auto Trader.
L&L Automotive has partnered with BCA in an exclusive remarketing deal including the adoption of BCA Dealer Pro across the group.
Cars Recon, a US auction reconditioning specialist is entering the UK market with the launch of a new company, International Vehicle Services.
BCA Partner Finance has launched exclusive weekly sales for its customers at BCA Wolverhampton and BCA Manchester.
Burrows Motor Group has agreed a solus remarketing deal with Independent Motor Auctions’ Leeds facility.
A string of fatalities at US auctions has prompted the formation of a safety sub-committee at the Vehicle Remarketing Association.
