The majority of car retailers expect at least 10% of dealerships in the UK to close within the next five years, according to the findings of the latest Cox Automotive Insight Report.
Driver1 has signed a two-year partnership with Cox Automotive, to provide cheap cars on subscription to young drivers.
Modix has announced that its managing director Darren Sinclair will take up the appointment of chief customer officer in a senior management reshuffle.
NextGear Capital has appointed Simon Baldwin to its leadership team as operations director.
JCT600 head of commercial vehicles Beryl Carney was awarded the Barbara Cox Woman of the Year Award earlier this year in recognition of her work to transform the fortunes of the Bradford-based AM100 retailer’s Volkswagen van centres.
The seeds of a different used car market 10 years from now have already been sown including fuel type changes, new funding methods and a digitised wholesale sector, according to Philip Nothard of Cox Automotive
Car dealers reported a 60% decline in demand during March as reaction to political uncertainty over Brexit the introduction of WLTP-related taxation changes caused owners to hold on to their cars for longer.
Martin Forbes, chief executive, Cox Automotive UK, on its latest joint venture with Auto Trader and the changes coming to physical auction
Wholesale used car prices rose by 0.5% month-on-month in February as car retailers continued to express their concerns about margin compression, Cox Automotive reported.
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eBay has completed the acquisition of Cox Automotive’s Motors.co.uk online used car classified business following approval from the Competition and Markets Authority (CMA) earlier this week.
Cox Automotive has reported that volumes of nearly-new diesel vehicles declined in January as the used car sector showed stability by “following its normal seasonal pattern”.
Modix has announced it has signed a new partnership with Toyota GB which will see its AdBox marketing solution rolled out across the Japanese brand’s dealer network.
Cox Automotive has issued a final call for nominations for the UK’s inaugural Barbara Cox Woman of the Year Award, closing on January 31.
Manheim research has revealed that the Vehicle Excise Duty (VED) supplement on vehicles costing over £40,000 has caught customers unawares.
Additional used car stock is part of the 2019 business plan of 52% of car retailers during 2019 – as 65% target growth in the sector.
Auto Trader and Cox Automotive UK have completed the joint venture process to bring together their used car stocking platforms under a re-launched Dealer Auction business.
New research from Motors.co.uk has highlighted the importance of dealers using multiple car search websites.
Used car buyers searched for more Ford Fiesta and Focus models than any other car on Motors.co.uk this year.
