Concerns about personal finances topped the list of challenges for dealership staff in a new CarGurus survey, with 41% of respondents saying they were struggling with financial pressures.
The coronavirus pandemic has put the focus on policies to look after staff. AM100 dealer group JCT600 outlines the action it has taken.
Government’s ‘travel by car’ advice fuels hope for market revival
Large numbers of de-fleeted vehicles, postponed PCP returns and terminated PCP agreements caused by Covid-19 will cause a negative ripple effect on car values, according to Automotive Services International (ASI).
Tesla chief executive Elon Musk may have completed a visit to the UK to explore plans for an electric vehicle (EV) “Gigafactory” manufacturing plant on land near Bristol, it has been claimed.
A Government-back new car scrappage scheme could be set to boost the automotive retail sector with incentives of up to £6,000 to switch into an electric vehicle (EV), it has been claimed.
Former CarShop chief executive Jonathan Dunkley has officially handed the used car supermarket business’s operations over to “the Sytner Group machine”
The impact of the COVID-19 coronavirus pandemic will be central to the findings of the BDO Motor Retail Salary Survey 2020, which is now encouraging participation from across the sector.
Lookers expects to be hit by a temporary suspension of shares trading after conceding that its 2019 annual financial results will not be published in time for the Financial Conduct Authority’s (FCA) June 30 deadline.
Coronavius crisis has meant FCA is putting back the release of car finance findings
Lenders are urged to treat customers fairly as the coronavirus pandemic leads to many borrowers facing financial difficulties
This 45-minute webinar discusses the UK motor retail industry’s achievements in the first month of trading since lockdown ended for England’s car dealers.
Motorline Group has opened consultation with its workforce over a 10% cut to employee pay in response to challenges faced as a result of the COVID-19 crisis.
Bentley has announced plans to shed 1,000 jobs in the UK under a “voluntary release programme” after COVID-19 coronavirus hastened a drive to cut costs.
Imperial Cars has introduced a new finance offer allowing customers to defer paying for their new vehicle for up to three months.
Inchcape has appeared in a list of 53 businesses which have borrowed millions of pounds from the Bank of England under the Government’s Coronavirus Large Business Interruption Loan Scheme (CLBILS).
Car dealers have resisted the temptation to “slash prices” during COVID-19 lockdown according to Auto Trader data which showed an 1.9% year-on-year increase in May.
Automotive Services International has said automotive finance payment deferrals introduced during the coronavirus pandemic could see customers incur unintended costs.
The Scottish Motor Trade Association (SMTA) has said that the politics of COVID-19 North of the border will cost car dealers financially and result in disproportionate job losses across the UK's devolved regions.
Cyber attacks on connected cars have increased by 99% in the last year, according to a new study by Uswitch.
Four of the UK remarketing sector's industry bodies have come together to deliver unified guidance on how to comply with safety guidance as the COVID-19 crisis eases and automotive retail businesses begin to re-open.
Michael Woodward, Deloitte's automotive industry leader, gives his take on the new car market as the UK government eases coronavirus lockdown restrictions.
HR Owen service manager Paul King has raised over £3,000 for NHS Charities Together with a 197-miile, 10-hour COVID-19 cycling challenge.
Aston Martin has revealed a plan to axe 500 jobs as part of a restructure of its operations designed to save the British carmaker £10 million each year.
German Chancellor Angela Merkel’s coalition has followed the lead set by French president Emmanuel Macron in increasing its grant funding for electric vehicle (EV) buyers as part of its COVID-19 stimulus measures.
Luscombe Motors has finally opened the doors to its new MG Motors UK dealership in Leeds following a two-month delay caused by the COVID-19 lockdown.
ICDP managing director Steve Young believes now the time is ripe for carmakers to address over-supply and develop a lean, flexible vehicle supply chain for dealers
During May's coronavirus lockdown 12,900 new cars were sold to private buyers, according to data from the Society of Motor Manufacturers and Traders.
Lookers will close a further 12 car dealerships and cut its employee headcount by up to 1,500 as part of a restructure plan aiming to make annual savings of £50 million.
Digital enquiries for new and used cars have spiked following the announcement that dealerships could reopen from June 1.
