Cazoo has added to its high-profile sponsorship deals with Everton, Aston Villa and the Rugby League World Cup 2021 with an agreement to be lead sponsor of cricket’s The Hundred Tournament.
Inchcape UK has agreed the £29.7m sale of its Jaguar Land Rover (JLR) Arch Concept premium car dealership in Southampton to Hendy Group.
Johnsons Cars will continue to target growth through acquisitions after posting an 86.3% pre-tax profits decline in its annual financial results for 2019.
40% of UK drivers say they are now less likely to visit a showroom while researching the purchase of a car, as a direct result of the COVID-19 pandemic, research by Marketing Delivery, has found.
Car retailers have just over a week to prepare for showroom reopening after Prime Minister Boris Johnson announced a December 2 end to ‘Lockdown 2’ – and the return to a three-tier system.
Chorley Group has become the latest AM100 car retail group to respond to the Ben’s plea for help to plug a £1m funding gap – delivering a £10,000 Christmas gift to the automotive charity.
Stoneacre Motor Group has created a dual-brand Aston Martin and Lexus dealership in Newcastle after forging its first partnership with the Japanese premium brand via an acquisition from Jardine Motors Group.
Today, Capgemini have published a report advocating the transition to an agency model for distribution networks, supported by consumer and dealer surveys in Europe and China.
The adoption of an agency model for the car retail sector is now “not an option but an obligation”, according to a report published by Capgemini today.
TrustFord has pledged to donate £20,000 from the TrustFord Trust to Ben in response to the charity’s urgent plea for assistance amid £1m funding shortfall.
TrustFord’s Alperton dealership site has been offered for sale as the Ford of Britain-owned AM100 car retail group consolidates as part of the brand’s plan to close almost half of its UK franchised retail sites.
Business leaders from AM100 franchised car retailers Sytner, Lookers, TrustFord have joined the NFDA in lobbying Northern Ireland MPs on a Brexit tax issue which could result in a 20% price hike for used cars.
The Cox Automotive Insight Report 2020 has urged car retailers to respond rapidly and plan for the ‘short-term’ in a bid to achieve success amid the current trading climates various headwinds.
Marshall has pledged a £10,000 donation to Ben as part of a ‘Xmas Do-nation’ charity campaign launched by MotorVise to plug the charity’s £1m 2020 funding shortfall.
Cazoo is hoping to score a marketing victory with exposure to 14 million UK sports fans after signing a ‘seven figure’ Rugby League World Cup 2021 sponsorship deal.
Snows Motor Group has seen its offer of its ‘Click & Go’ click and collect used car retail offering deliver soaring sales results during COVID-19 ‘Lockdown 2’.
Car retailers will be able to continue trading after Scottish First Minister Nicola Sturgeon moved into Level 4 COVID-19 lockdown – implementing the nation’s most stringent mitigation measures.
A used car dealer convicted of “clocking” 11 years ago has been ordered to repay a further £146,000 in criminal gains assets.
A new mobility provider backed by Cambria Automobiles and run by former Citroen managing director Karl Howkins is promising an innovative leasing model for businesses and consumers.
Cazoo is set to celebrate the sale of its 10,000th used car just a fortnight before completing its first year of online sales.