Market insight
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Used Cars 3 DecMPVs star among Auto Trader’s most appreciating used cars
MPVs continued to star in Auto Trader’s top ten ranking of the used car market’s most appreciating vehicles, with the Seat Alhambra emerging as number one in November.
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Manufacturer 2 DecCar retail agency model will ‘put the dealer last’, says Suzuki GB boss
Car manufacturers exploring the agency model franchised car retail agreements “want to put the dealer last”, Suzuki GB boss Dale Wyatt has told his dealers.
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Car Dealer News 1 DecCazoo vows to grow European car inventory after launch in France and Germany
Cazoo has vowed to grow its car inventory in Europe after officially launching its online car retail offering in France and Germany today.
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Manufacturer 1 DecVW 'protecting' Lamborghini supercar production to ensure 2021 sales recovery
Lamborghini in the UK is on course to bounce back from the COVID-related drop in sales and is eyeing the next step in its electric vehicle (EV) strategy.
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Car Dealer News 1 DecStrong margins and car buyer demand power Pendragon to profit upgrade
Pendragon has increased its profit expectations for 2021 by a further 14.3% after continued car buyer demand powered it to another profit upgrade.
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Market Insight 30 NovAutomotive executives predict ‘profitable growth’ in next five years
Automotive executive from across the globe have predicted “profitable growth” in the next five years, despite ongoing vehicle supply and staffing worries.
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Market Insight 30 NovStable van prices indicate ‘what’s to come’ for used cars, says BCA
A stabilising of values in the used van market in recent months may highlight “what’s to come” for the used car sector, according to remarketing giant BCA.
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Market Insight 29 NovStellantis outsells Volkswagen Group as car sales decline 30% across Europe
Stellantis brands outsold those of the Volkswagen Group for the first time as Europe suffered a 30% decline in new car registrations during October, Jato Dynamics has revealed.
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Acquisitions and deals 29 NovConstellation Automotive’s £201.6m Marshall Motor Group offer ‘accepted’
Constellation Automotive’s £201.6 million offer for a 64.4% controlling stake in Marshall Motor Group has been described as a “done deal” after an ‘undertaking to accept’ was published via the London Stock Exchange.
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Car Dealer News 29 NovCarzam to be ‘propelled into next chapter’ with £112m funding boost
Carzam has raised £112 million to in a development that the online car retail business believes will propel it into its “next chapter”.
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Acquisitions and deals 29 NovGreenhous Group adds four DAF locations with Heatons Truck Group acquisition
Greenhous Group has continued its growth in commercial vehicles with the acquisition of Heatons Truck Group.
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Used Cars 26 Nov'Green premium' leaves used EVs out of reach despite accelerated demand
Sales of used electric vehicles (EV) have accelerated past their petrol counterparts and are now leaving forecourts faster, according to new data from Auto Trader.
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Car Dealer News 26 NovCaffyns H1 financial results reveal revenues and profit growth
Caffyns has revealed turnover up by 29.8% and a 62.3% rise in profit before tax in published results for the first half of its financial year.
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Market Insight 26 NovSMMT reveals ‘extremely worrying’ October UK car manufacturing decline
The UK’s car manufacturing output slumped 41.4% year-on-year in October as an “extremely worrying” continuation of the semiconductor shortages continued to play out.
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Technology 25 NovThatcham Research reveals 'encouraging' assisted driving results
Thatcham Research and Euro NCAP have said they are ‘encouraged’ by the results of their latest Assisted Driving Gradings.
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Latest News 25 NovCar retail staffing crisis, inspiring women, used market insight – AM’s December issue
Car retail’s staffing crisis, a celebration of inspiring automotive women and in-depth insight into the soaring used car market all feature in a packed December edition of Automotive Management (AM) magazine.
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Used Cars 25 NovIs online remarketing playing key role in soaring used car values?
Used car dealers are buying cheaper used cars at physical auctions as they search for ways to avoid the impact of limited vehicle supplies and soaring values, according to Shoreham Vehicle Auctions (SVA).
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Manufacturer 24 NovVolkswagen’s Europcar takeover offer approved by French regulator
Volkswagen has said that its takeover offer made for international vehicle rental giant Europcar has been approved by France’s market regulator.
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Market Insight 24 Nov
Almost half car buyers plan to purchase before end of 2021
Almost half of in-market car buyers expect to make a purchase before the end o the year, according to research from What Car?.
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Latest News 23 NovHMRC clarifies post-Brexit tax terms for Northern Ireland car retailers
The HMRC has clarified the terms of post-Brexit tax arrangements for car retailers operating in Northern Ireland after changes to the margin scheme created a “hidden trap”.
