car dealer news
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Market Insight 2 JunCar buyers happy to visit showrooms as COVID-19 lockdown eases, survey finds
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.
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Car Dealer News 2 Jun
Pent-up demand pays off on June 1 return of showroom car sales
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.
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Car Dealer News 2 JunInchcape and Motorline secure Lexus customer service awards
Inchcape UK Lexus Guildford and Motorline Lexus Cardiff have been named among the winners of Lexus Kiwami awards in 2020.
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Market Insight 1 JunGovernment CJRS extension welcome despite ‘heavy dose of complexity’
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’.
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People News 1 JunCazoo appoints former LoveFiLM operations director as COO
Cazoo has appointed former LoveFiLM group operation director Fern Wake as its new chief operations officer.
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Car Dealer News 29 MayPendragon completes £10.5m sale and leaseback of Stockport Porsche site
Pendragon has completed a £10.5 million “sale and leaseback” deal for its Porsche Centre car dealership site in Stockport.
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Car Dealer News 29 MayVertu Motors 'Haircuts for Heroes' hits 20k fundraising target
Vertu Motors employees across the UK have achieved their fundraising target of £20,000 by donating the cost of their haircuts to NHS charities.
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Car Dealer News 27 MayLSH Auto Mercedes Manchester becomes used car ‘Centre of Excellence’
LSH Auto UK has converted its Manchester Central Mercedes-Benz site into a used car ‘Centre of Excellence’.
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Acquisitions and deals 27 MayRichmond Motor Group completes Newmans Southampton acquisition
Richmond Motor Group has completed the acquisition of Newmans Southampton and revealed plans to grow its business with the opening of four more dealerships in the next 18 months.
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News 27 MayBig Motoring World eyes future growth after 34% profit rise in 2019
Big Motoring World Group has revealed a 43% growth in turnover and a 34% increase in pre-tax profits in a statement detailing the successes of its performance in 2019.
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Car Dealer News 27 MayProgress Suzuki closes as COVID-19 lockdown proves ‘too much to bear’
Progress Suzuki owner Terence Byrne has said that the UK’s automotive retail sector “will flourish again” following the COVID-19 coronavirus crisis – just days after his business went into liquidation.
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Car Dealer News 27 MayCaffyns to detail COVID-19’s ‘significant impact’ in annual results
Caffyns has praised its employees' response to the COVID-19 crisis as “outstanding” as it revealed the mitigation measures taken by the business in a trading update published this morning (May 27).
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Car Dealer News 26 MayRobert Forrester, Vertu Motors: ‘We’ll trust customers on unaccompanied test drives’
Vertu Motors chief executive Robert Forrester has told BBC Breakfast how the car retail sector will “trust customers” to take unaccompanied test drives as showroom retailing gets back underway.
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Used Cars 26 MayCar dealers urged to ‘hold their nerve’ in volatile period for used values
Car retailers have been urged to “hold their nerve” and not rush to liquidate stock ahead of an anticipated rise in sales demand following June 1’s re-opening of car showrooms across the UK.
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Car Dealer News 26 MayPrime Minister gives green light to June 1 car showroom re-opening
Prime Minister Boris Johnson has ended the two-month COVID-19 coronavirus-enforced closure of car showrooms by giving automotive retailers the green light to open their facilities from June 1.
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Car Dealer News 21 MayHendy Group fully reopens its service centres after 8-week lockdown
Hendy Group has completed the reopening of aftersales operations across its entire South coast operating area - eight weeks after COVID-19 lockdown began.
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Market Insight 20 May
Car showroom re-opening 'major trigger' to UK's automotive recovery
Over two-thirds of car buyers want to purchase their next vehicle face-to-face, despite the risks posed by the COVID-19 coronavirus – highlighting the importance of showrooms’ June 1 reopening.
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Car Dealer News 19 MayCar retailers can access £200m Government loans under CLBILS changes
Changes to the Government’s Coronavirus Large Business Interruption Loan Scheme (CLBILS) will give larger car retail businesses access to a £200 million COVID-19 survival boost.
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Car Dealer News 19 MayTwo-thirds of automotive sector employees fear COVID-19 job losses
Over two-thirds of automotive industry professionals fear that the impact of COVID-19 coronavirus could cause them to lose their job.
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Car Dealer News 18 MayScammers are posing as HMRC to defraud car dealers during lockdown
Car retailers who have sought government support during the COVID-19 lockdown period are being warned to be on their guard as scammers posing as the HMRC launch an opportunistic fraud campaign.
