Lookers has said that a positive swing in performance that will see 2020’s H1 loss of £50 million converted into a £50m pre-tax profit in the first half of this year.
Vertu Motors has suggested that its 2021 pre-tax profits could be up to 60% more than forecast just a month ago after continuing its “exceptional” performance in the used car market.
Automotive Transformation Group (ATG) has completed the acquisition of sector software provider Salesmaster just two weeks after its global launch.
UK-based electric vehicle (EV) subscription provider Onto has attracted a further £126 million in its latest funding round.
Owners of the Hyundai Kona voted the compact SUV to victory as the Auto Express Driver Power Awards car of the year for 2021.
Vertu Motors will operate Leicester’s Renault and Dacia franchised car dealerships in Leicester after acquiring the businesses from Renault Retail Group.
Used car buyers who paused their purchase to focus their attention on England’s route through the European football championships may have triggered a 26.8% boost to retail sales last week.
Honda’s 3,000-strong workforce at its Swindon manufacturing plant have begun their final shift ahead of the site’s official closure at the end of this week.
The shortage of supply of semiconductors and microprocessors is having a profound impact on the global automotive sector, but how will car makers' strategies evolve to mitigate against the issues.
The competency of PwC’s audits of classic and racing car dealer JD Classics may be questioned in the High Court as administrators from Alvarez & Marsal sue the accountancy firm for failing to spot fraud.
The UK’s ‘pingdemic’ of self-isolation alerts is combining with recruitment issues to cause staffing shortages across the remarketing sector, the Vehicle Remarketing Association (VRA) has said.
North Wales Honda has changed its named to North Wales Motor Company after adding a Kia franchised car dealership to its portfolio in Llandudno.
Motorpoint has revealed that it sold 61% of its used car volume online in Q1 as it accelerated its ecommerce retail offering to deliver a record start to 2021.
Cox Automotive has downgraded its used car sales forecast for 2021 as the lasting impact of COVID-19 and the global semiconductor shortage look set to result in a “market starved of supply" in Q3.
International Motors has completed the acquisition of the Mitsubishi Motors in the UK aftersales franchise operation from the Japanese brand’s long-term importer The Colt Car Company.
Car retailers ramped-up their recruitment demands by 400% ahead of the easing of COVID-19 trading restrictions in July, according to data from MotorVise.
Lookers has marked the opening of its new Chester Kia dealership with a weekend-long customer event.
ITV has shared a trailer revealing a sneak preview of Vertu Motors PLC chief executive Robert Forrester’s starring role in its Undercover Big Boss fly-on-the-wall reality TV series.
A 24-year-old Arnold Clark car salesman who says his job allows him to “have banter all day with customers” is preparing to put his charms to the test on ITV’s Love Island.
The average value of a used light commercial vehicle (LCV) has risen to almost £10,000 at BCA auctions as demand for vans continues to soar.
Performance electric vehicle (EV) brand Polestar has revealed plans to double its retail presence and launch a new out-of-town ‘Destination’ store concept as part of ambitious new growth plans.
Used car buyers are taking longer to research their next vehicle and searching more automotive websites as they focus on achieving the ‘best price’ possible, survey data shows.
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UK motor retailers were celebrated in the 2021 Auto Trader Retailer Awards, with Hills of Woodford, Peter Vardy and Vindis Group among the winners.
Workshops face a testing time in every sense as DVSA’s pandemic-prompted extensions look set to increase MOT test demand by 580,000 more than normal
A van desirability index launched this month by remarketing group Aston Barclay has highlighted intense market demand for used Volkswagen Transporter LCVs.
Thatcham Research has launched a new training programme for automotive businesses, including dealers, that covers key elements of electric vehicles (EVs).
ePower Trucks has expanded its range of electric light commercial vehicles aimed at couriers and urban businesses.
New car subscriptions will help Volvo Cars grow market share in the years ahead as it expands its Care By Volvo service to target business customers.
Strong levels of consumer demand in the market is continuing to drive used car price growth on Auto Trader, according to its latest data.
