coronavirus
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Car Dealer News 6 MayCambria experiences car brands' ‘tension’ over showroom COVID measures
Cambria Automobiles chief executive Mark Lavery has said that the group has experienced “tension” from certain OEM partners over COVID safety measures which have seen customers turned away from its car showrooms.
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Market Insight 5 MayApril new car registrations reveal ‘light at the end of the tunnel’, says SMMT
The Society of Motor Manufacturers and Traders (SMMT) has said that April’s 13.9% rise in new car registrations show that there is “light at the end of the tunnel” after COVID-19.
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Car Dealer News 5 MayCambria Automobiles sets out roadmap for car retail's COVID-19 recovery
Cambria Automobiles has set out its roadmap to car retail recovery in a trading updated for a six-month period which saw the majority of its dealerships closed for more than 100 days due to COVID-19 restrictions.
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Car Dealer News 30 AprGroup 1 Automotive reports ‘solidly profitable’ Q1 for UK dealerships
Group 1 Automotive has reported a “solidly profitable” Q1 for its UK car dealerships, despite the impact of COVID-19 ‘Lockdown 3’ showroom closures.
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Market Insight 29 AprUK car manufacturing’s COVID-19 recovery to take ‘at least six months’
Car manufacturers have told the Society of Motor Manufacturers and Traders (SMMT) that their COVID-19 recovery will take “at least six months” in the UK.
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Car Dealer News 29 AprSwansway defies COVID-19 impact with record profits and car sales growth in 2020
Swansway Group has reported record profitability and growth in its car and van sales volumes in annual financial results detailing its performance during a COVID-impacted 2020.
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Latest News 28 AprBen Ball returns for 2021 after £1m COVID setback in 2020
The Ben automotive benevolent charity’s Ben Ball will return for 2021, bringing relief to fund-raisers who faced a £1 million shortfall after last year’s COVID-enforced cancellation.
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Market Insight 28 AprCar showrooms more COVID-safe than supermarkets, say 71% of visitors
More than two-thirds (71%) of car showroom visitors feel they are safer than the supermarkets that were allowed to remain open throughout the UK’s lockdown periods, a What Car? survey has found.
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Supplier News 23 AprManheim Auction Services continues Accelerate support package for car dealers
Manheim Auction Services has said that it will continue to waive its online car buying fees and offer free vehicle collection as part of its Accelerate package of COVID-19 recovery support.
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Market Insight 23 AprAston Barclay may ‘turn traders away’ after success of physical car auctions' return
Aston Barclay managing director Martin Potter has said that the success of the remarketing provider’s return to physical auctions after ‘Lockdown 3’ could mean it has to “turn traders away”.
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Used Cars 16 AprAston Barclay's 'Lockdown 3' Q1 used car sales volumes a match for 2020
Aston Barclay has reported that its used car sales volumes in a COVID-19 hit Q1 were a match for those of the same period in 2020.
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Market Insight 16 AprEconomic uncertainty from COVID and Brexit delays car buying plans
More than a third (38%) of drivers have delayed their car buying plans as a result of economic uncertainty caused by COVID-19 and Brexit, a report by Close Brothers Motor Finance has found.
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Supplier News 15 AprHeycar increases car dealer payment terms to 60 days
Heycar is increasing payment terms to 60 days until the end of Q2 to provide dealers with ‘welcome breathing space’ as after this week's showroom reopenings.
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Market Insight 15 AprOnline car retail process could save sector over £950m a year, GForces claims
A shift from traditional showroom-based car sales to a wholly-online retail solution would cut dealers cost-per-sale by over 40% - saving the sector £9.5bn a year.
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Finance 14 AprMore than a third of lockdown car sales completed entirely online
More than a third (37%) of used car transactions, including finance applications, took place entirely online during COVID-19 'Lockdown 3', according to iVendi.
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Car Dealer News 13 AprShowroom success depends on 'strength of sales teams', says MotorVise
Car dealerships' approach to staffing during the COVID-19 crisis has proved pivotal for the long-term profitability of businesses, according to MotorVise founder and MD Fraser Brown.
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Market Insight 13 AprCarwow reports record performance in COVID-hit Q1 for car sales
Carwow has reported record levels of orders in March, achieving its highest performance ever during COVID-19 'Lockdown 3'.
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Latest News 12 AprCar dealers hope for ‘bumper Q2’ as they celebrate showroom reopenings
Car retailers in England and Wales celebrating the reopening of car showrooms after COVID-19 ‘Lockdown 3’ are now eager to leverage pent-up demand, with some expecting a “bumper Q2”.
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Market Insight 12 Apr
NFDA and SMMT publish updated post-lockdown car showroom reopening guidance
The National Franchised Dealers Association (NFDA) and Society of Motor Manufacturers and Traders (SMMT) have teamed-up to publish assets and advice to help car retailers re-open safely after COVID-19 ‘Lockdown 3’.
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Retailing 12 AprCOVID positive: how car retailers improved their operations in ‘Lockdown 3’
Forced by the COVID-19 pandemic to adapt to changing restrictions including showroom closures and shifting sales online, most dealers have unlocked new ways of working, many of which will be here to stay.
