Manheim has renewed its partnership with Hendy Group, marking the renewal of a 17-year partnership.
Vertu Motors chief executive Robert Forrester has said that the group is “well positioned to take full advantage of tougher markets” in a trading update for the AM100 car retail group.
Inchcape’s growing profitability from global vehicle distribution were offset by a challenging retail sector during 2018 – with revenues up 3.6% but underlying profit before tax down by 6.5%.
Used car values declined during February for the first time since 2008 as car retailers begun to show signs of "reluctance" to squeeze their profit margins any further, according to Cap HPI.
Shoreham Vehicle Auctions (SVA) has revealed that demand for used electric cars and vans (EVs) at auction has increased significantly.
The Mercedes-Benz GLC-Class appeared to flood the UK used car sector in January as Auto Trader revealed that the premium SUV had been its fastest selling used car during the first month of 2019.
Risk management specialist Assurant expects to add 200 new members to the RAC Dealer Network in 2019, reaching a total of 1,550.
Evolution Funding has secured investment to support its expansion from mid-market private equity investor LDC, which will take a significant minority stake.
Auctions halls around the UK were heaving in 2018 as many dealers turned to the used sector to bolster profits. The result was the unusual phenomenon of high used volumes and record prices.
BCA is reporting strong demand for luxury, prestige and supercar vehicles early in the year following a special Top Car sale
BCA’s monthly Pulse Report has revealed that used car volumes rose ‘significantly’ in January as average values returned to more typical levels following the seasonally affected values recorded during December.
Auto Trader’s Retail Price Index has shown that diesel was “constantly the fastest selling fuel type” for used cars in 2018, as diesel values remain resilient.
Motors.co.uk has partnered with what3words to provide car buyers with more precise addresses when visiting dealer showrooms.
eBay has completed the acquisition of Cox Automotive’s Motors.co.uk online used car classified business following approval from the Competition and Markets Authority (CMA) earlier this week.
A used car dealer who left customers and creditors ‘out of pocket’ has been handed a seven-year directorship ban.
Cox Automotive has reported that volumes of nearly-new diesel vehicles declined in January as the used car sector showed stability by “following its normal seasonal pattern”.
BCA has revealed that it will hold an Ultra Low Emission Zone (ULEZ) sale at BCA Blackbushe on March 12, in partnership with Transport for London (TfL).
Dacia’s Sandero hatchback tied with the Duster and Ford EcoSport SUVs as January fastest-selling used cars, according to data provided by Indicata.
A total of 7.9 million used car sales were completed in 2018 as the sector experienced a 2.1% decline in volumes, the Society of Motor Manufacturers and Traders (SMMT) has reported.
A used car dealer who impersonated a Trading Standards officer in an attempt to retrieve a dangerous car seized by authorities has been jailed for a year.
City Auction Group and G3 Remarketing have both celebrated record years at their respective vehicle auction facilities during 2018.
Sytner Group will further expand its used car supermarket division with the opening of a new CarShop location in Nottingham if plans for the new site gain the approval of city officials.
Dealerweb has found that dealers across the UK saw revenues grow from new and used sectors in January while finance penetration increased.
Aston Barclay Insights report has revealed that average prices of diesel and petrol vehicles in the used car market rose to a record high in Q4 2018.
A lack of “good quality and desirable stock” has not been enough to stall rising used car prices as demand from consumers defies the uncertainty caused by Brexit, according to Cazana.
