Aston Martin has revealed a plan to axe 500 jobs as part of a restructure of its operations designed to save the British carmaker £10 million each year.
German Chancellor Angela Merkel’s coalition has followed the lead set by French president Emmanuel Macron in increasing its grant funding for electric vehicle (EV) buyers as part of its COVID-19 stimulus measures.
Luscombe Motors has finally opened the doors to its new MG Motors UK dealership in Leeds following a two-month delay caused by the COVID-19 lockdown.
ICDP managing director Steve Young believes now the time is ripe for carmakers to address over-supply and develop a lean, flexible vehicle supply chain for dealers
During May's coronavirus lockdown 12,900 new cars were sold to private buyers, according to data from the Society of Motor Manufacturers and Traders.
Lookers will close a further 12 car dealerships and cut its employee headcount by up to 1,500 as part of a restructure plan aiming to make annual savings of £50 million.
Digital enquiries for new and used cars have spiked following the announcement that dealerships could reopen from June 1.
Nissan has warned that its UK car manufacturing plant in Sunderland may prove “unsustainable” if Brexit brings an end to the current tariff-free access to the EU.
Cazana has reported that demand for used cars during the COVID-19 lockdown may have outstripped the 20% of sales transactions which were completed during the period.
CarGurus has suggested that the re-opening of car showrooms in England this week has helped generate increased online leads for retailers in Scotland and Wales.
Vertu Motors declared an intention to add new manufacturer partners as it grows through acquisition in a 2019 results statement following its first two days of showroom trading since the COVID-19 lockdown.
BMW has revealed the new 4 Series coupe, which will arrive in dealerships before the end of the year priced from £39,870.
Brayleys has completed the COVID-19 lockdown acquisition of Glyn Hopkin's Romford Honda dealership for an undisclosed sum.
The Climate Group has formed the UK Electric Fleets Alliance to promote a faster switch to electric vehicles (EVs) in partnership with BT Group.
AA Cars has announced it will be extending it’s 50% discount for car dealerships for a third consecutive month into June, to help support UK used car busnesses weather the impact of COVID-19.
Assurant has launched EV One, a new warranty programme for electric and hybrid vehicles.
JudgeService has found tht the majority of customers are happy to visit car showrooms in person if COVID-19 safety measures have been put in place.
Jato Dynamics has said that no car manufacturer was prepared for or expecting “such a large-scale crisis” after COVID-19 lockdown delivered a 78.1% April decline in new car registrations across Europe.
Car retailers across the UK reported that demand from car buyers left pent-up during the COVID-19 lockdown period had resulted in a bumper return to showroom trading on June 1.
Independent car retailer Motorpoint has delivered 1,000 cars during the coronavirus lockdown via its free home delivery service.
BCA has claimed that used car values have “steadily risen” during the COVID-19 lockdown period which prevented the majority of UK car retailers for trading.
Inchcape UK Lexus Guildford and Motorline Lexus Cardiff have been named among the winners of Lexus Kiwami awards in 2020.
Jon Roberts has been appointed as the new managing director of Nissan’s dealer group West Way.
Detail of the Government’s coronavirus job retention scheme (CJRS) extension into October has been welcomed, despite fears that the introduction of larger employer contributions could bring a ‘heavy dose of complexity’.
Car dealers could soon gain a much larger geographical footprint as a post COVID-19 lockdown shift to online sales models attract buyers from further afield.
Skoda’s rugged Karoq and Kodiaq SUVs are set to be axed from its UK new car line-up due to limited customer demand.
Marshall Motor Holdings expects to report a first-half pre-tax loss due to the 10 week closure of its showrooms by COVID-19 counter-measures.
JCT600 has opened the doors to a new £1 million Ferrari supercar service centre in Newcastle ahead of the opening of its new Leeds showroom later this year.
Cazoo has appointed former LoveFiLM group operation director Fern Wake as its new chief operations officer.
With COVID-19 bringing a 'Perfect Storm, Part 2' to UK automotive Professor David Bailey wants to see Government support to save the flagship manufacturing sector.
