Car dealers across the UK are hoping that Prime Minister Boris Johnson delivers clarification on the easing of certain COVID-19 coronavirus lockdown measures in an address to Parliament today (May 11).
The initial impact of the COVID-19 coronavirus pandemic resulted in a 43% decline in profitability for UK car retailers during the key March number plate change month, ASE data has revealed.
Vertu Motors’ director have asserted that the group has sufficient liquidity to exit the COVID-19 coronavirus lockdown and “capitalise on trading opportunities” in an interim trading statement.
The Finance and Leasing Association’s (FLA) has renewed its appeal for help from Government and the Bank of England as coronavirus impact sparks 1.2 million finance forbearance claims.
Aston Martin has begun a “phased return” to vehicle production at its St Athan plant a fortnight after F1 team boss Lawrence Stroll prioritised the restart after becoming a major shareholder.
The former Mayfair Jaguar Land Rover car dealership which supplied cars to the Queen and Prince Charles is set to be transformed into a £10 million luxury housing development.
New car sales are going to change as a result of the COVID-19 coronavirus pandemic... But not how you might think.
VAutoStock is offering free use of its now stand-alone part-exchange vehicle appraisal tool which allows car dealers to value customers’ cars from a distance during COVID-19 lockdown.
Cambria Automobiles chief executive Mark Lavery has conceded that “over 100 redundancies” are possible within his car retail group when the Government's coronavirus job retention scheme’s (CJRS) furlough period ends.
Cox Automotive has predicted a stop/start recovery from the COVID-19 coronavirus outbreak for the automotive retail sector – revising its new car sales forecast to detail a 29% decline in 2020.
Ferrari has begun its COVID-19 recovery process with the re-start of supercar production in Italy as BMW revealed that it is targeting “maximum flexibility” to meet new car demand in various markets.
Volkswagen Commercial Vehicles has welcomed Cian O’Brien as its new director following Carl zu Dohna’s appointment as chief commercial officer at Volkswagen Financial Services.
Mitsubishi Motors in the UK has appointed Toby Marshall as its new sales and marketing director following 11 years as its sales and marketing director.
Cambria Automobiles has reported increased profitability in interim financial results revealing that the AM100 car retail group was performing 'ahead of expectations' prior to the COVID-19 lockdown.
Volkswagen Commercial Vehicles’ UK head of marketing, Sarah Cox, has been appointed as head of marketing for the German brand’s car operations as it launches into a new era of electric vehicles (EV).
The Institute of the Motor Industry (IMI) is launching a new programme of webinars to give automotive individuals and businesses practical support as the impact of COVID-19 continues to challenge the sector.
Car retailers would benefit from more flexibility from Government’s coronavirus job retention scheme (CRJS) as the financial balance of returning furloughed staff to work becomes businesses' "biggest challenge".
Four industry associations representing Europe’s automotive sector have joined forces to call for car scrappage schemes as part of a 25-point COVID-19 coronavirus recovery plan.
The National Franchised Dealers Association (NFDA) has said that it is vital that Government and car manufacturers “evaluate a support package that stimulates the market” following April’s 97.3% sales slump.
The UK’s used car and van markets will bounce back once the Government’s COVID-19 coronavirus lockdown restrictions are eased, according to Shoreham Vehicle Auctions’ (SVA) Alex Wright.
Marshall Motor Holdings chief executive Daksh Gupta said that he agreed with Extinction Rebellion’s “sentiment towards climate change” but not the execution of its protests after seeing his dealership vandalised by campaigners.
AM is keen to gain insight into the levels of support received from Government and car retailers’ manufacturer partners as they battle to mitigate the impact of the COVID-19 coronavirus lockdown.
Jaguar Land Rover (JLR) is promoting its online retail platform as a safe sales solution during the COVID-19 coronavirus outbreak a year after its initial roll-out.
Skoda UK has revealed pricing and specification details of the new fourth-generation Octavia hatchback and estate – with prices starting from £22,390.
It would be more than premature to talk about a “return to normal”.
Pendragon has claimed that it is “well-positioned” despite the end of merger talks with fellow AM100 car retail group Lookers which would have created the UK’s largest car retail group.
Inchcape has appointed former Fujitsu director Duncan Tait as its new Group CEO after the departure of Stefan Bomhard prompted “strong interest and a group of high-quality candidates”.
Volvo Car UK managing director Kristian Elvefors has said that his retail network is “in pole position” for the safe return to work following the COVID-19 coronavirus outbreak.
Three-quarters (76%) of car buyers are concerned about returning to car showrooms when the Coronavirus lockdown is lifted.
