Franchisees from Stellantis’ UK dealership networks have told AM of their support of the car manufacturing giant’s plan to delay the roll-out of its agency model agreements by six months.
Tony LeVoi Vauxhall managing director Simon Dayes is hopeful that the demolition of its Romford Vauxhall dealership will set the business onto a path to grow with other Stellantis-owned car brands.
Caffyns has cited stock shortages, economic uncertainty and energy concerns in a “cautious” trading outlook after a half-year trading statement revealed its profits had declined by a third.
The Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has said that more favourable conditions for investment are “needed and needed urgently” to ensure UK car manufacturing’s 2023 recovery.
Pendragon suitor Hedin Mobility Group has secured a foothold in the UK car dealership sector with the acquisition of four franchise points from Mercedes-Benz Retail Group.
Autoglass has appointed Ian Rowlands as its new commercial director to help enhance its offer to customers and accelerate UK growth.
Honda has ranked top in Warranytwise’s Reliability Index of car manufacturer brands as Japanese and Korean marques have dominated the top five spots.
An outraged Motorpoint customer has told The Sun newspaper how her daughter’s Ford Fiesta was driven 22 miles during a service appointment with Motorpoint.
The automotive retail sector’s supply issues and buoyant used car residual values have been described as a “happy accident” preventing the motor finance sector from “blowing up”.
The automotive sector will be able to “grow and thrive” despite a whole list of issues facing the sector in a challenging 2023, the Vehicle Remarketing Association (VRA) has said.
Rising new car registrations from Volkswagen, Ford and Toyota suggest carmaker’s are starting to learn to deal with the impact of semiconductor shortages on their manufacturing operations, according to Jato Dynamics.
Single point dealer processes that track motor finance activity could prove essential to meeting the Financial Conduct Authority's (FCA) Consumer Duty principle, says iVendi.
DriveElectric has launched its new website which allows personal and business customers to lease an electric vehicle (EV) online.
The automotive sector's 20-year high vacancy rate has led to increased demand and greater salaries, research completed by the Institute of the Motor Industry (IMI) has found.
Inchcape’s new Jaguar Land Rover (JLR) Dual-Arch premium car dealership in Norwich is set to create 80 jobs when it opens its doors in 2023.
The Bank of England is battling to reduce inflation in the UK from the high and harmful levels it has reached in 2022, and members of the Vehicle Remarketing Association heard first hand about its methods this week.
Livingstone Motors managing director Andrew Iveson has issued Amazon vouchers to his entire workforce in a bid to ease the Christmas spending burden on the car retailer’s staff.
The Financial Conduct Authority (FCA) has said that the finance sector needs “a higher quality of credit information” to ensure that consumers get accurate lending advice.
Arnold Clark will push ahead with plans for four new used car remarketing centres in 2023, despite pressure from the stock shortages impacting the sector.
Mazda has hatched a plan to boost its investment in electric vehicles (EV) by almost £9 billion after forecasting that sales could be significantly more than previously expected.
A decline in average used light commercial vehicle (LCV) wholesale values of just £15 in October suggests that “demand remains well balanced against supply”, according to BCA.
Motorvogue is set to join the Peugeot franchise with the addition of Desira Group’s franchise in Bury St Edmunds after vowing to invest a further £2 million into car dealership improvements.
More than half of car buyers are reconsidering the purchase of a zero-emissions electric vehicle (EV) after the Chancellor of the Exchequer announced plans to make them eligible for VED road tax.
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The growth in the number of drivers considering buying a BEV (Battery Electric Vehicle) as their next car has slowed, according to a new study.
Motorists’ continued appetite for car buying has delivered another 5.1% increase in the value of the average used vehicle advertised for sale on Auto Trader.
Hedin Group’s ‘put-up or shut-up’ deadline for a takeover offer for Pendragon PLC has been extended to December 9.
Following Chancellor of the Exchequer Jeremy Hunt acknowledgement that the UK was in recession during last week’s Autumn Statement Mad Devs chief executive David Boyce is keen to highlight the need for car retailers to keep their customers close through challenging economic times.
