The Information Commissioner’s Office has handed used car retailer Concept Car Credit Limited a £40,000 after sending hundreds of thousands of unsolicited marketing text messages.
A record number of used cars were sold in the UK in the first quarter of 2017.
Trade-to-trade online auction Dealer Auction is on course to sell over 80,000 part-exchange cars this year – a 13-fold increase in eight years.
Average used car values at BCA auctions rose above £9,000 for the first time ever as traders continued to bid strongly on a wide range of stock, BCA Pulse reports.
Independent auction group Aston Barclay has completed a £500,000 project to refurbish its Leeds auction centre.
Lookers has reported 30% growth in used car turnover during a “buoyant” Q1 which saw retail volumes and rising profit across the board.
Used car prices increased year-on-year in April in wholesale and retail markets.
A dealer has avoided jail after admitting at crown court selling dangerous vehicles, including a Mini Cooper welded together from four different models .
Auto Trader is aiming to help dealers attract a bigger finance audience with the introduction of trade adverts featuring an offer-driven finance calculator.
Motors.co.uk has added a new car reviews section to its website in a bid to help inform customers’ buying decisions.
Alternative fuel vehicles maintained a presence among Auto Traders monthly report on the UK’s fastest-selling used cars – Toyota’s Prius taking top spot during April.
Shoreham Vehicle Auctions and the Energy Saving Trust have teamed up to launch a series of EV training sessions which aim to educate the motor trade on all aspects of selling electric cars.
BCA Partner Finance will provide dealers with additional working capital and help improve cashflow and profitability after launching a new service for part-exchange vehicles.
Used car values dropped by 1.6% during April with sectors defined as Lower Medium and City Car by Cap HPI seeing the biggest slide.
Motorpoint has opened the doors of its 12th site to mark a period of expansion which has created four car supermarket sites in just 18 months.
Pendragon has reported “a strong start” to 2017, with growth in aftersales and used.
The number of cars on UK roads showing mileage discrepancies has risen by 25% since 2014, HPI has revealed..
Divorcees and older people are probably the most successful people when haggling on used car prices, according to iVendi research.
Mitsubishi has awarded BCA an exclusive contract to manage its supply chain from docks to de-fleet in a deal which should streamline franchisees’ supplies of used car stock.
Remarketing specialist ADESA has been boosted in its efforts to transform upstream defleet remarketing in the UK with new fleet partnerships.
The price of used cars continued to rise as age and mileage levels reached a 12-month low, according to online remarketing specialist Autorola.
Exchange and Mart has launched a new dealer website build service offering the creation of a mobile responsive design to allow consumers the ability to search anywhere, any time.
Aston Barclay has predicted that used diesel values are likely to remain consistent over the coming 12 months.
Peter Vardy Group is poised to open its second CarStore used car supermarket as work on a £7 million facility in Dundee nears completion.
PCP deals dominated the plate-change month of March with 47.6% of new car buyers and 25.4% of used car buyers opting for the popular finance option.
