e-commerce
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Car Dealer News 11 AugOnline car dealer Cazoo still leaves investors awaiting share price growth
Investors in online car dealer Cazoo are still having to wait for share price growth despite its announcement this month that its gross profit on every car sold is almost four times higher than it was achieving during the first half of 2022.
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Manufacturer 24 MayFleet experience will help with direct to consumer sales, says Audi exec
Experience of the process of selling new cars direct to fleets is hoped to help Audi UK as it prepares for direct-to-consumer sales and dealers operating under agency agreements.
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Manufacturer 19 MayBuyers reminded dealerships aren't closing as Volvo launches direct sales
Volvo Car UK is informing consumers of its switch to direct-to-consumer sales in June with a reminder that this doesn't mean Volvo dealerships are closing down.
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Aftersales 3 MayeBay relaunches used vehicle parts business to help reduce costs and emissions
Online automotive marketplace giant eBay has relaunched its Certified Recycled parts business, which has seen a 10% year-on-year increase in sales.
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Technology 22 MarNew technology aims to support Toyota dealers' handovers for online orders
A software enhancement for the moDel logistics platform has gone live with Toyota and Lexus GB to support their dealers with handovers to buyers using the brands' direct-to-consumer online sales channel.
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Manufacturer 21 FebAgency model roll-out risks two-tier retail sector
Mercedes-Benz UK’s first month on the new direct to consumer distribution model, and agency contracts, highlights the need for ‘agile’ vehicle pricing, despite fixed price promises
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Car Dealer News 27 OctCazoo reports rising gross profit and record UK revenues from Q3
Cazoo, the online motor retailer, has reported UK revenues of £347m from Q3 trading, which is a 103% increase versus Q3 2021.
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Car Dealer News 2 AugNYSE warns Cazoo over share price as losses climb to £243m in H1 trading
Online car retailer Cazoo announced a £243 million loss from the first half of 2022, and Cazoo is breaching New York Stock Exchange rules which risk delisting.
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Supplier News 11 JulHeycar partners Autovia to broaden Buyacar used car sales opportunity
A new partnership between automotive media business Autovia and car sales site Heycar is being described as "a perfect fit" to get more buyers into used cars.
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Car Dealer News 7 Jun
Jobs will go as online car dealer Cazoo acts to slash costs by £200m
The online car retailer Cazoo has revealed it wants to cut costs by £200 million by the end of 2023, which will include around 750 job cuts.
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Finance and insurance 7 JunIs the end coming for in-showroom motor finance provision?
AM-online examines the impact of technology and e-commerce on the traditional in-showroom process of providing point of sale motor finance
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Supplier News 26 AprVolvo Cars buys a stake in Carwow online car marketplace
Carwow has attracted an investment from Volvo Cars, which has taken a minority stake of the online car sales marketplace through its venture capital arm, Volvo Cars Tech Fund.
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Supplier News 18 FebRaban's plan for Lookers, BMW i4 drive and servicing spotlight - AM magazine
Chief executive Mark Raban discusses his plan to move Lookers forward in the new issue of AM magazine after a difficult period in the AM100 dealer group's history.
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Market Insight 22 Sep4 in 5 car buyers prefer dealership purchase, Vertu survey finds
Fewer than one in five consumers are happy to buy a car remotely after only watching a personalised video or a live virtual walkaround, new consumer research has found.
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Car Dealer News 27 AugUsed car e-commerce firm Cazoo floats today
Cazoo chief executive Alex Chesterman will ring the opening bell at the New York Stock Exchange this afternoon as the used car e-commerce firm is publicly listed.
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Car Dealer News 1 JunCar e-retailer Cazoo expands into new car offers including Tesla and Ford
Cazoo has begun targeting new car customers with an all-inclusive new car subscription service, marketing models from Fiat and Ford to Mercedes-Benz and Tesla.
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Dealer profiles 6 MayVanarama seeks five-fold growth after adapting to car buyers' desires
Vanarama founder and chief executive Andy Alderson tells AM the sponsor of football's National League expects fourfold growth in vehicle leasing with home delivery
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Technology 23 AprFacebook 'shops' will help drive car sales online
Facebook research found 1 in 2 prospective car buyers now expect to be able to do so online. Now it is getting Facebook Shops ready to help car brands and dealers.
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Car Dealer News 22 FebOnline car sales growth has Cazoo reportedly considering IPO
Cazoo, a UK online motor retailer that already sold almost 20,000 cars to consumers since December 2019, says claims it is stock market bound are speculation.
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Digital Marketing 5 FebWest Way Nissan launches new AI car sales website
The Nissan GB-owned dealer group, West Way, has launched a new online car retail website with artificial intelligence (AI) features.
