Vertu Motors' Bristol Street Motors division has continued its multi-franchising push with the addition of Hyundai in Sunderland and its first MG Motor UK dealership in Carlisle.
Ssangyong Motors UK has welcomed a second franchise for the city of Hull with the opening of Livingston Motor Group’s new dealership facility.
MG Motor UK’s growing franchised car retail network continued to grow the brand’s new car registrations despite July’s vehicle supply and COVID-prompted sector headwinds.
Supply issues resulting from global semiconductor shortages and the ongoing impact of the UK’s COVID-19 ‘pingdemic’ have been blamed for the lowest July new car registrations total since 1998.
Autovia has appointed ex-Amazon, Moneysupermarket and Microsoft product expert Dan Cohen as its new chief product officer.
MotoNovo has promoted Karl Werner to managing director after its chief executive Mark Standish left the business as part of a restructure of the business.
Used car values have risen by an average of £2,125 (16.6%) in each of the last four months, according to data published by Cap HPI.
The majority of electric vehicle (EV) drivers (90%) say they’ll never buy another petrol or diesel car.
Car retailer Parks Motor Group is at the centre of an £8 million Scottish Football sponsorship spat involving Rangers FC and cinch.
Hyundai Motor UK has launched a new Mocean all-inclusive vehicle subscription model offers motorists a fully taxed, insured and maintained car for a single monthly payment.
Drive Motor Retail has appointed Rygor Mercedes-Benz group marketing manager Emily Mead as its new head of marketing.
Marshall Motor Holdings has upgraded June’s forecast of record profits for 2021 in a trading update predicting an underlying pre-tax profit of “not less than £40 million” for the year.
Cazoo has reported an £8 million gross profit in Q2 after its online used car retail volumes surged by 429% a year on from the first COVID-19 lockdown period.
Heycar has extended its Trade Up cashback scheme for dealers until September.
Stellantis has reported an “outstanding” 9.5ppt year-on-year improvement in operating income margin, to 11.4%, in the first half of 2021.
Citroen UK has introduced a sign language video service across its sales and aftersales network, to support deaf and hard of hearing customers.
Car retailers have been urged to embrace every opportunity presented by an MOT and wider aftersales "Tsunami" in the remainder of 2021.
Car buyers boosted the consumer motor finance sector’s volumes by 12% in June – a year on from the 2020’s easing of the UK’s first coronavirus lockdown.
The car retail sector’s well-considered the acceptance of Government’s COVID-19 support have left many businesses on a sound footing to deliver a successful 2021.
V12 Vehicle Finance (V12VF) and Moneyway have partnered with Codeweavers, to launch a new digital finance calculator to support dealers and their customers.
Mitsubishi Motors in the UK has launched a new service programme that provides its customers with free breakdown and recovery assistance.
Cox Automotive has warned that ‘more needs to be done’ to encourage consumers to adopt electric vehicles (EVs) ahead of the 2030 ban.
Auto Trader is providing retailers with new access to a stock of more than 30,000 vehicles sourced directly from consumers, it said.
Honda has confirmed the all-new HR-V small SUV will be priced from £26,960, when it arrives in UK dealerships towards the end of the year.
CarFinance 247 plans to hire more than 125 additional people to meet the growing needs of the company as it responds to significant consumer demand.
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Cambria Automobiles chief executive Mark Lavery has agreed an improved management buy-out offer of £82.5 million with the AM100 PLC’s board or directors.
Group 1 Automotive president and chief executive Earl J. Hesterberg has predicted the release of “several years” pent-up demand in the UK car retail sector.
Faster and more assertive decision making in relation to non-compliance issues are at the heart of a series of changes proposed by the Financial Conduct Authority (FCA).
Jato Dynamics has said that it is “unclear” whether Europe’s new car registrations volumes will return to pre-COVID pandemic levels after the sector’s recovery slowed in June.
