An “exciting and ambitious phase of growth” at carwow has prompted the online car retail marketplace to strengthen its leadership team with a series of senior promotions and appointments.
A “lingering supply chain crunch” has been blamed for a used car sector that remained 12.2% down by volume on pre-COVID 2019 in Q1, 2022.
Arnold Clark chief executive Eddie Hawthorne has reported an “excellent” 2021 financial performance with revenues up 25% as pre-tax profits rose 68%.
Dealers are being warned to stop using misleading terms in their adverts, by the Financial Conduct Authority (FCA).
Two-thirds of motorists want to buy an electric vehicle (EV), with the majority seeking lower fuel bills.
Volkswagen Group’s race with Tesla to become the world’s leading electric vehicle (EV) producer by 2025 will be ‘tight’, chief executive Herbert Deiss has conceded.
SsangYong Motors UK has added Cawdor Cars to its growing portfolio of franchised car retailers, introducing a new dealership in Llanybydder, Carmarthenshire.
The car retail sector should be braced for a prolonged period of uncertainty as OEMs impacted by Russia’s war in Ukraine battle to deliver vehicle supplies and consumers “grapple with a cost-of-living crisis”.
Used car marketing provider eBay Motors Group has said that a downward pricing adjustment was “inevitable” in the sector after seeing values decline by 1.5% month-on-month in April.
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iVendi has outlined a five point plan to help dealer maximise their online presence as the used car market begins to lose growth momentum.
MotoNovo Finance has recognised three dealers who have gone the extra mile in the last year, at its annual Extra Mile Awards.
Cazoo has said that it cannot guarantee it will “achieve profit at all” in a newly-published document detailing the potential risks and pitfalls of its online car retail and vehicle subcription model.
A specially-built drone has delivered a fly-through view of Snows Motor Group’s Lexus Hedge End car dealership as part of a bid to share the dealership experience with prospective customers.
Marshall Motor Group chief executive Daksh Gupta has been celebrated as an inclusion role model with his listing in the inaugural Role Models for Inclusion in Retail Index 2022.
The Society of Motor Manufacturers and Traders (SMMT) has urged fleet operators to place their commercial vehicle (CV) orders after the sector suffered a 29.1% April registrations decline.
Lookers has celebrated the achievements of its best-performing staff as part of a company-wide event in Paris to mark the return of its annual Excellence Awards.
Imelda Labbé is taking over as the new member of the board of management for marketing sales and aftersales at Volkswagen Passenger Cars on July 1, 2022.
Ahead of Mental Health Awareness Week (9-15 May 2022), LSH Auto has trained 23 more colleagues as Mental Health First Aiders.
The Trade Centre Group has been announced as title sponsor of the Formula Woman GT Cup team.
The global shortage of new commercial vehicles has increased revenues for workshops as owners and operators spend more to keep their older vehicles on the road.
AX Automotive has promoted sales and operations director Scott Hamilton-Cooper to the role of managing director.
Volvo has opened a new boutique-style showroom in Brent Cross Shopping Centre, to showcase its new electric models.
New car sales were down 15.8% in April 2022 versus April 2021, to 119,167 registrations. The SMMT data shows a -33.3% decrease in large fleet registrations.
Big Motoring World has opened its new 3.5 acre, 450-vehicle Peterborough Fengate store – expanding its footprint to five used car outlets.
Motorpoint has expanded to 17 used car retail locations with the opening of a new, 1.5 acre, 120-vehicle dealership in Portsmouth.
Stellantis has promoted its head of customer experience and quality for Abarth, Fiat, Alfa Romeo, Fiat Professional and Jeep, Iain Brown, into the role of Fiat and Abarth UK sales director.
Former head of sales and Cupra brand at Seat UK Ben Fish has joined Renault UK as its new network operations director.
A Land Rover advert has been banned by the Advertising Standards Agency (ASA) for ‘misleading’ viewers about the functionality of parking sensors.
Saltmarine Cars was closed to customers over the weekend to allow employees time to celebrate the life of the car retail group’s founder Ivan Neil Salt, following his sudden death.
