FCA compliance should not be forgotten when dealers are revising their sales processes to meet the Governments guidelines for social distancing.
Car buyers will not accept long lead times for new car orders when car retailers resume activity after June 1, according to research by What Car?.
Aging stock has been cited as the “main driver” of £1.6 billion losses incurred by Europe’s used car retail sector between the start of the COVID-19 coronavrius lockdown and mid-April.
Redundancies are being imposed across Arlington Automotive Group after the Jaguar Land Rover (JLR), Ford and Nissan automotive tier one parts supplier entered administration this week.
The National Franchised Dealers Association (NFDA) has partnered with Auto Trader to enable all Electric Vehicle Approved (EVA) retailers to display their EVA badge of approval on their adverts on Auto Trader’s marketplace.
Members of the BCA human resources (HR) team have set themselves the challenge of covering 1,948 miles to raise funds for the NHS during the COVID-19 crisis.
The Chancellor of the Exchequer, Rishi Sunak, has confirmed that the Government Coronavirus Job Retention Scheme (CJRS) will be extended to October – at its current 80% rate of salary support.
The UK's used car market contracted by 8.3% in the first quarter of 2020 following a COVID-19 coronavirus lockdown-prompted 30.7% decline in March sales, SMMT data has revealed.
Penton Motor Group has said that it will commence plans to develop a £2.5 million “retail hub” when coronavirus lockdown measures are eased.
Toyota is expanding its SUV range in the UK with the introduction of the seven-seat Highlander next year.
Generous car retail businesses who promised to exceed the 80% salary funding cap of the Government’s Coronavirus Job Retention Scheme (CJRS) will face an increased financial burden if support is cut to 60%.
Three-quarters of those actively searching for a used car (76%) intend to purchase within three months of the Government’s lockdown restrictions being lifted, according to eBay Motors.
Cox Automotive has re-started Manheim's car auction operations via its online sales platform following “weeks of careful planning and implementation of the necessary safety measures”.
Automotive payment provider Auto Service Finance (ASF) has secured new investment worth more than £14 million as buy now pay later finance dealers become more popular in the automotive sector.
Car showrooms are likely to join “non-essential” retail businesses in re-opening on June 1 if infection rates remain under control, Government’s 50-page ‘COVID-19 Recovery Strategy’ document indicates.
Ben is urging car retailers to use their head to raise awareness of the issue of mental health by hosting its fifth annual Hats on 4 Ben charity event amid the COVID-19 coronavirus pandemic.
Automotive aftersales operations have suffered a loss equivalent to 5.8% of their expected annual turnover in the COVID-19 coronavirus lockdown period to May 3, GiPA UK research has revealed.
Motorway has re-started its daily online auctions alongside free trials of a “contactless” car transportation service as car retailers look towards stocking their dealerships ahead of an easing of COVID-19 lockdown restrictions.
Mercedes-Benz owners could demand compensation in a High Court class action alleging that the German premium carmaker used a ‘defeat device’ system to cheat diesel emissions tests.
APD Compliance Solutions has welcomed ex-ALD Automotive Group and ARI Fleet UK managing director Keith Allen as an equity stakeholder and board member.
Car dealers across the UK are hoping that Prime Minister Boris Johnson delivers clarification on the easing of certain COVID-19 coronavirus lockdown measures in an address to Parliament today (May 11).
The initial impact of the COVID-19 coronavirus pandemic resulted in a 43% decline in profitability for UK car retailers during the key March number plate change month, ASE data has revealed.
Vertu Motors’ director have asserted that the group has sufficient liquidity to exit the COVID-19 coronavirus lockdown and “capitalise on trading opportunities” in an interim trading statement.
The Finance and Leasing Association’s (FLA) has renewed its appeal for help from Government and the Bank of England as coronavirus impact sparks 1.2 million finance forbearance claims.
Aston Martin has begun a “phased return” to vehicle production at its St Athan plant a fortnight after F1 team boss Lawrence Stroll prioritised the restart after becoming a major shareholder.
The former Mayfair Jaguar Land Rover car dealership which supplied cars to the Queen and Prince Charles is set to be transformed into a £10 million luxury housing development.
New car sales are going to change as a result of the COVID-19 coronavirus pandemic... But not how you might think.
VAutoStock is offering free use of its now stand-alone part-exchange vehicle appraisal tool which allows car dealers to value customers’ cars from a distance during COVID-19 lockdown.
Cambria Automobiles chief executive Mark Lavery has conceded that “over 100 redundancies” are possible within his car retail group when the Government's coronavirus job retention scheme’s (CJRS) furlough period ends.
