The ongoing cost of living crisis continues to dampen consumer appetite for new cars as data from iTrackLeads shows dealer enquiries fell by 18% year-on-year in October.
Chapelhouse Motor Group has grown its turnover by 27.2% and pre-tax profit by 50.5% in a year which saw the business ease the cost-of-living burden on staff and boost charitable giving.
Advertisement feature from REALtime Communications
The Car Group has doubled its footprint with the acquisition of a former Vauxhall Motors premises in Ellesmere Port.
A nest containing live rats and weeds growing from a vehicle’s bodywork were among the discoveries of a Trading Standards investigation into used car retailers.
John Clark Motor Group is opening a new Volvo showroom in Edinburgh to replace its existing business in the city.
Another near doubling of new car registrations from Ford was led by the doomed Fiesta hatchback during October, Society of Motor Manufacturers and Traders (SMMT) data shows.
Mercedes-Benz has launched its flagship electric SUV, the EQS, which is available to order now priced from £129,710.
The UK automotive sector remains on course to deliver its lowest new car registrations total since 1982, despite a 26.4% growth in October, the Society of Motor Manufacturers and Traders (SMMT) has said.
The average retail price of used cars advertised for sale via Auto Trader rose for a fourth consecutive month during October – rising £178 on September and a £548 on August to reach £17,587.
Bristol Street Motors has spent £1m transforming its Harlow Peugeot dealership into a multi-franchise site.
The National Franchised Dealers Association (NFDA) has warned that the Bank of England’s decision to raise the UK interest rate to 3% will make funding car purchases “harder for consumers”.
The trade-to-trade online used car stocking platform Dealer Auction has announced the appointment of Ian Armitage as technology director.
Pentagon Group has become the latest AM100 car retailer to implement Sunday closing at its dealerships, implementing a three-month trial of the new working pattern.
Peoples is considering new car retail franchise partnerships after 24 years solely representing Ford, despite recording the best annual financial results in its 39-year history.
Pawnbrokers are the only lending provider deemed worse than motor finance at assessing customer vulnerability as UK households feel the impact of its cost-of-living crisis, an FCA report suggests.
Planning officials have given the green light for Dick Lovett Group’s new flagship Porsche Centre in South Wales.
Expert help is at the ready at the FREE Automotive Management Live 2022 exhibition on November 10 at Birmingham NEC for franchised and independent car dealers
Finance debt for new and used cars has risen to £40 billion per year, prompting concerns that consumers may default on agreements amid soaring living costs.
Isuzu UK has welcomed Monaghan Bros to its dealer network, expanding the brand’s footprint with a new showroom in Enniskillen, Northern Ireland.
Major fleet operators' top-rated franchised car and van retail networks have been revealed at Fleet News’ annual FN50 awards.
Used car values rose by an average of 2% on eBay Motors Group’s online marketplace as the market’s balance of consumer demand and limited supply continued to defy the UK’s economic gloom.
Professor Jim Saker observes that the acquisition of knowledge isn't enough without the interactivity that helps instill how to use that knowledge. Read on to hear his views on human contact's role in skills development in this latest instalment of his monthly Viewpoint guest opinion articles for AM.
BCA has reported "encouraging signs" from a used van market which experienced a 1.8% (£177) decline in average wholesale values during September.
Dubai-based franchised car retailer AW Rostamani Group has broadened its UK footprint with the acquisition of nine West Way car retail sites from Nissan Motors GB.
Scottish car retailer Easter Western Motor Group has reported a 102.5% uplift in pre-tax profits and 23% revenue growth in its annual financial results for 2021.
Former England and British Lions rugby star James Haskell will be at the carwow stand during Automotive Management Live next week when he will auction off his Land Rover Defender SE 3.0 D250.
Britishvolt’s £3.8 billion plan to create an electric vehicle (EV) battery production plant in the North East could be on the verge of collapse after a Government funding knock-back, reports suggest.
UK new car registrations predictions for 2023 have been downgraded by between 7% and 15% as Coz Automotive predicts faltering vehicle supplies may not recover until Q3 next year.
The Stellantis-owned used car retail business Aramis Group has acquired Cazoo’s Italian operations as the online retailer continues its withdrawal from Europe to focus on cost savings and the UK market.
