Greenhous Group has opened two new vehicle refurbishment facilities in Livingston, Scotland, and Cold Meece in the Midlands, following the acquisition of sites from Cazoo earlier this year.
A dealership’s track record and current market opportunity should form the foundation of stock turn policy, say the experts.
Demand for used cars remained robust in August, with dealers experiencing quicker sales and steady prices, according to Motors’ latest Market View report.
Retail prices for used cars exceeded seasonal expectations in August, driven by robust consumer demand in the market, according to the latest data from Auto Trader.
Strong wholesale demand supported used car values in August as the average value movement fell by just 0.6% at the three-year age point, according to experts at Cap HPI.
James Hosking, AA Cars, argues that in tackling fears head-on, dealerships have the potential to not only increase sales but also build lasting relationships with customers.
Manheim Auction Services is investing a substantial seven-figure sum to transform its existing site in Gloucester into a specialised hub with over 1,000 vans and trucks on sale every month.
The number of people opting to travel in cars is exceeding pre-pandemic levels, according to the latest official statistics from the Department for Transport.
City Auction Group is developing a new 28-acre site to house its logistics headquarters and expand its capacity with a further 5,000 vehicles, across defleet, logistics and secure storage, for launch in September.
Vendigital’s Sheena Patel argues that the industry needs to come together to outline and define higher levels of standardisation
A strategic partnership between two players in the wholesale vehicle sector has been forged to revolutionise the way used car dealers source and finance stock.
Vertu Motors has renewed its exclusive nationwide remarketing partnership with BCA until 2029.
Car supermarkets increased their inventories in July as buyers renewed their focus on affordability, according to MOTORS’ July Market View.
A strengthening car market is driving a bigger choice of stock to dealers' forecourts through traditional auctions plus newer online-only remarketing and car buying platforms
The first half of the year has seen unprecedented activity for used light commercial vehicles (LCVs) driven by strong demand and ongoing de-fleet initiatives, reports Cox Automotive.
Fleet management specialist Kinto has appointed vehicle auction specialists Aston Barclay as an additional remarketing partner.
HPI is extending its data set through a new partnership with integrated vehicle recycler Synetiq which will provide vital information on salvage total loss vehicles.
Carwow is enhancing its stock transport service to protect dealers against financial loss.
Arnold Clark is giving customers an extra £500 when they part-exchange or sell their car.
The leasing sector is increasingly turning to used car leasing to adapt to volatility in the electric vehicle (EV) market.
Ian Wilson, managing director of Wilsons Auctions, has been honoured with the inaugural National Association of Motor Auctions’ (NAMA) Hall of Fame Award
Picking up the Used Car of the Year trophy for the second consecutive year at the AM Awards is the Kia Sportage.
Competition for used hybrids and EVs listed on Dealer Auction surged in June, indicating strong dealer demand for Alternative Fuel Vehicles (AFVs) even though supply is constrained.
Electric cars remain the most unpredictable and volatile fuel type in an otherwise stable market, according to experts at Cap HPI
Car ownership remains crucial for young people, with the need for a vehicle increasing among 17-24-year-olds, Auto Trader's latest consumer analysis reveals.
