Cox Automotive has reported strong used car market in February, with average selling prices delivering year-on-year rises in both the wholesale and retail markets.
HR Owen has agreed a remarketing deal with BCA that will see high-end luxury vehicles sold at the auction group’s Blackbushe facility as part of a regular Top Car event.
Evans Halshaw is preparing to develop a car supermarket at Shrewsbury’s Battlefield Enterprise Park as part of plans that will create 50 new jobs.
Used car prices rose by 11.2% year-on-year in February as buyers continued to compete strongly for stock despite rising volumes of vehicles entering the market, according to BCA.
HPI is displaying future valuations online via a free service which comes in direct response to increasing negativity and bad publicity surrounding diesel vehicles and usage.
A used car dealer who pocketed £1.1m in tax he should have paid for profits from his business, escaped a potential eight years in jail with 300 hours of unpaid work and a curfew.
A change in online strategy for the 1,100 strong RAC Dealer Network is designed to place an emphasis on “cars not dealers”.
A used car dealer is awaiting sentence after he admitted accepting £1,000 to handle a rare Ferrari 550 Berlinetta which had been stolen in a raid on its owner’s home.
A hybrid has taken the top spot in Auto Trader’s rankings of fastest selling cars for the first time – Toyota’s Prius topping the table in February.
Vertu Motors has said that it has “considerable firepower for growth” heading into a new year which presents the threat of lower new car volumes and rising operating costs.
Motors.co.uk is celebrating a record number of visitors to its automotive partner network as it continues its growth in industry market share.
The 1,100-strong RAC Dealer Network is set to receive “strategic sales and marketing support” via a new online platform being launched next month.
Pendragon has continued to expand its Evans Halshaw Car Store network with the opening of a new facility at Barnwood Point in Gloucester.
A three-year investigation into a car clocking scam which saw more than 7.5 million miles wiped off vehicle odometers has resulted in guilty verdicts against five men.
Vindis has signed a new two-year exclusive remarketing deal with Manheim, continuing a five-year relationship that has seen around 4,500 vehicles sold per year.
High volumes of stock in the market depressed February’s usual seasonal rise in values, according to data published by Cap HPI.
NextGear Capital UK expects to fund a total of 100,000 cars sales in 2017 after a record start to the year saw it fund 8,000 wholesale vehicles for its dealer customers in January alone.
The recent closure of online used car marketplace Beepi.com points to why the dealer model can remain an integral part of car buying for many customers, according to Codeweavers.
Motorline has agreed an exclusive remarketing deal with BCA across its 43 sites as part of an agreement which will include the sale of 200 cars per week.
Exchange and Mart is preparing to unveil a new click and collect proposition which aims to change the used car marketplace.
Vendors’ attempts to hold back stock for better prices in January led to disappointment amid high volumes and lower than expected values, the National Association of Motor Auctions has reported.
Motorists' brand loyalty has been called into question by Auto Trader data which suggests most opt to stick with a certain vehicle type than manufacturer.
Strong demand and rising used vehicle volumes drove BCA Partner Finance to a record month, with over 500 units a day being funded throughout January.
Motorpoint has promoted former general sales manager at its Newport car supermarket to the role of head of group operations.
An independent used car supermarket has hatched plans to expand its facilities to accommodate 700 cars following its move to a new 3.7-acre site.
