Falling oil prices have seen car dealers in Aberdeen stomach a loss in business of between 20% and 35%, it has been claimed.
Online car sales specialist Tootle has launched a new online marketplace that allows dealers to source used cars directly from private sellers.
Ford’s Fiesta hatchback emerged as the UK’s fastest selling used car as Auto Trader released details of the ten vehicles which found new owners most quickly during 2015.
Used car service plans have been hailed as a major opportunity for the year ahead following an annual research survey carried out by EMaC.
Manheim saw the lowest mileage ex-fleet cars for at least 12 months selling at its auctions in December, with vehicles sold having an average of 55,494 miles on the clock.
Blurred lines are emerging between new and used car buyers as customers become more easily influenced by running costs and finance offers, according to Motors.co.uk.
Motoring.co.uk has published details of the vehicles which received most online valuations from motorists during 2015.
Online remarketing specialist Autorola UK believes dealers experienced the most stable used car market for a decade during 2015.
Aston Barclay has won an exclusive contract with Cargiant, which will see its Chelmsford auction site handle all of Cargiant’s part exchanges throughout 2016.
Top Gear presenter and Radio 2 DJ Chris Evans has seen turnover for his used car business soar from £9.7 million to £16.8 million.
CAP looks at the challenges in sourcing used stock for dealers across the UK, using research exclusive to AM.
The National Association of Motor Auctions (NAMA) found that average sales price in November increased by 3.6% from the previous month – from £5,441 to £5,637.
The record for longest time a used car has been listed on Auto Trader has been revealed.
Cap is ending print editions of its valuation guides CAP Black Book, CAP Grey Book and CAP Red Book to focus on its digital information and services.
Franchised dealers have seen their share of the used car market rise to over a third, according to figures from the GIPA Drivers Study UK 2015.
Aston Barclay has teamed up with NextGear Capital with an innovative funding initiative designed to boost auction sales during some of the quietest months on the sales calendar.
The average value of an ex-fleet car sold at BCA in November was £70 lower than the previous month, while part-exchanges dropped £87.
Mitsubishi Motors in the UK has created a new department to take charge of residual values, following the growth of the brand.
Autorola Group is poised to roll out its Business Intelligence platform INDICATA to Volvo’s UK dealer network as part of an effort to drive growth opportunities in the used car operations and maximise residual values.
Used values dropped by 2.6% through November in a predicted seasonal slide, according to data from CAP.
Tesla Model S used values have been static for over a year, says CAP.
Peter Watts, Motors.co.uk director of dealer insight, is offering tips for retailers over Winter season.
Calls to ban or reduce usage of existing diesel cars in major towns and cities could see the values of affected vehicles fall significantly, predicts Glass's.
NAMA has seen a 20% drop in volumes of vehicles under two years old in October, showing dealers are effectively managing near-new stock.
Skoda’s network of 134 dealers are holding a 14-day event to boost sales between November 21 and December 4.
