Motorpoint has revealed revenue increased by 11.5% to £408.9m but operating profit before exceptional items down 32% to £7m in its half-year financial report.
Motors.co.uk saw a 17% in enquiries during October to record its best ever Q4 month.
GVE London has opened the UK’s first “full service” supercar showroom at a 20,000sq-ft facility offering the ability to maintain everything from a £1m McLaren P1 to an affordable hot hatch.
Big Cars will the big freeze reach its Witham showroom this winter as used car supermarket boss Adam Stott transforms the facility into an ice rink.
Liquidated used car supermarket, Caralot, had been criticised by Trading Standards officers who had investigated 77 separate complaints into the operation in the past three years.
TripAdvisor internet entrepreneur Langley Steinert claims that his new venture, CarGurus, is aiming to top the online car retail segment, stating “profitability isn’t an issue” as they target Auto Trader and Motors.co.uk.
Growth in the used car market continued in the third quarter of 2016 with a record 2,148,050 vehicles sold to consumers.
Demand for SUVs saw a seasonal boost as wholesale and retail average selling prices for used cars rose in October, according to data from Manheim and Motors.co.uk.
Dramatic differences in the values of cars offered to dealers across Britain are highlighted in a new study revealing Ely as the UK’s posh car capital.
Two hybrid vehicles made their debut in Auto Trader’s ranking of the UK’s ten fastest selling cars as the Ford Galaxy MPV secured its pace at the top of the pile for the second month in a row.
GForces has partnered with HPI to enhance its data offering by providing vehicle history checks on dealer websites.
Auto Trader is rolling out video adverts for retailers from today, with claims that user sessions last 13% longer and sales rates rise 10% on adverts featuring the new format.
Aston Martin has launched a global approved used car programme, branding the new offering Timeless.
A car dealer from Bury has been handed a 22-month suspended jail sentence after failing to declare his true income or register his business for VAT.
Petrol hybrid cars are showing the greatest forecourt price resilience as petrol and diesel vehicles both show falls of around 5%, Cap HPI has revealed.
A vehicle auction with lots from BMW, Mini and Alphabet launched BCA's new Perry Barr, Birmingham auction centre last week.
Skoda is piloting a new approach to selling used cars ahead of revamping its approved used car programme next year.
Motors.co.uk has partnered with a government-backed scheme to offer essential advice to new parents.
Caffyns has acquired a 2.1-acre “parcel of land” for £1.1m as it prepares to extend its current used car operation in Ashford.
Cox Automotive saw falling days in stock and high volumes in its online and auction hall used vehicle selling platforms in September – but values were down at Manheim auctions.
Uncertainty around the result of the EU referendum has led car supermarket group Motorpoint to sacrifice some margin to maintain its good level of stock turn.
Aston Barclay claimed a 100% sales conversion rate across its three auction sites as it recorded growth of 21% for total volumes sold in September.
Improvements to the potential range of electric vehicles could soon consign the hybrid to the annals of automotive history, according to industry experts at Glass’s.
Record values achieved across the used market during a busy September look set to be replaced by "softeneing" demand in October, according to BCA Pulse.
Autorola UK has seen the average price of a vehicle sold through its online remarketing portal increase to £9,211 in Q3.
