News - Page 248

Digital finance processes are allowing car retailers to “shave more and more time off the online motor finance process” and improve customers’ retail experience, says Startline Motor Finance.

Auction companies are predicting that values for used petrol and diesel cars will remain strong as the country emerges from lockdown and consumer confidence improves.

Rogers of Plymouth have joined the MG Motor UK franchise with the opening of a new dealership in its hometown.

Lee Giddings has been named as Suzuki’s new national fleet sales manager as part of a restructure of the manufacturer's fleet department.

The Cambria Automobiles board has granted its management team more time to complete its proposed management buy-out of the AM100 PLC.

Polestar chief executive Thomas Ingenlath has questioned the “paper value” of rival electric vehicle (EV) manufacturers as the Geely-owned carmaker continues to be linked with a possible public offering.

The COVID-19 pandemic and series of lockdown restrictions on car showrooms have “changed customer behaviour for good”, according to online retailer Carzam.

Tributes have been paid to Marshall chairman Professor Richard Parry-Jones CBE following his sudden death in a “tragic incident” near his Wales home.

Sytner Group has opened the doors to its first standalone Graypaul Maserati dealership, officially separating it from fellow Italian brand Ferrari in Birmingham.

Franchised retailers from Rolls-Royce Motor Cars' home market missed out on awards recognition at the luxury car brands annual ‘World Dealer Awards’ event for 2021.

Auto Trader and Ennis & Co are collaborating on a new series of webinars to bring together leaders in the automotive sector to discuss and share diversity and inclusion (D&I) best practice.

The May Issue of AM magazine is available to read, free, now in digital form here. Interviews include Vanarama, John Clark, Clelands, Gravells and many more.

Mercedes-Benz has set a new benchmark for luxury electric vehicles with the 478-mile range offered from its new EQS saloon.

Aston Barclay has reported that its used car sales volumes in a COVID-19 hit Q1 were a match for those of the same period in 2020.

The Finance & Leasing Association (FLA) and British Vehicle Rental and Leasing Association (BVRLA) have called for changes to the UK Government’s taxation Super Deduction to provide a “shot in the arm” for car leasing.

Retailers could be missing an opportunity to communicate with female buyers in the car-buying journey by utilising video, CitNOW research suggests.

More than a third (38%) of drivers have delayed their car buying plans as a result of economic uncertainty caused by COVID-19 and Brexit, a report by Close Brothers Motor Finance has found.

Hartwell has opened the doors to its new Ford car dealership and Transit Centre in Reading.

Heycar is increasing payment terms to 60 days until the end of Q2 to provide dealers with ‘welcome breathing space’ as after this week's showroom reopenings.

Bowker Motor Group’s Preston Porsche Centre has become the first Porsche Centre in the UK to install new ultra-high-speed electric vehicle (EV) charging points.

Audi dealers will start accepting orders for the new Q4 e-tron electric crossover this month, which is priced from £40,750 and offers a range of up to 316 miles.

A shift from traditional showroom-based car sales to a wholly-online retail solution would cut dealers cost-per-sale by over 40% - saving the sector £9.5bn a year.

Used car auctions across the UK have reported ‘exceptionally competitive’ trading during March as car dealers prepared for a bumper period of sales following this week’s reopening of showrooms.

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Richmond Motor Group has completed the acquisition of Hendy Motor Group’s Suzuki GB franchised car dealership in Havant.

The Volkswagen Group’s newest electric models, the VW ID.4 and Skoda Enyaq, have both been awarded a five-star safety rating by Euro NCAP.

Data from Auto Trader suggests consumer demand for new and used cars is growing rapidly with a third of in-market buyers expected to make a purchase in the next two weeks.

Mitsubishi Motors in the UK franchisee Normandy Garage has joined the SsangYong Motors UK network with the opening of a franchised dealership at its Guilford site.

Europe’s largest independent used car retailer is aiming to create a ‘borderless’ online car retail business across 12 countries with the launch of its Driverama platform.

More than a third (37%) of used car transactions, including finance applications, took place entirely online during COVID-19 'Lockdown 3', according to iVendi.