Market insight
-
Market Insight 10 JulSMMT data ‘didn’t tell the right story’, says Vertu CEO Robert Forrester
Vertu Motors chief executive Robert Forrester has said that the Society of Motor Manufacturers and Traders (SMMT) June registrations data “didn’t tell the right story”, insisting that the reality was far more positive.
-
Market Insight 10 JulOne-in-seven new cars cheaper on finance, says WhatCar?
Research published by What Car? has revealed a list of new cars that are cheaper to buy on finance than outright in cash.
-
Fleet 10 JulCaasta launches new ‘subscribe and drive’ mobility solution
A new car subscription service claiming to offer a single monthly payment mobility for fleets and private motorists claims that it will help to drive the adoption of alternative fuel vehicles (AFV).
-
Acquisitions and deals 10 JulPeter Cooper Motor Group expands into Dorset with Think Cars acquisition
Peter Cooper Motor Group has expanded into Dorset with the acquisition of the £14 million turnover Think Cars SsangYong and prestige used car dealership.
-
Finance 9 Jul
Online finance proposals reach record levels, says Evolution Funding
Evolution Funding witnessed a record number of proposals through its online platform in June as car buyers flocked to dealer websites in the hunt for a new car.
-
Aftersales 9 JulMotor Ombudsman marks five years of UK dispute resolution
The Motor Ombudsman has introduced a dedicated Alternative Dispute Resolution (ADR) FAQs and tips section on its website to mark the fifth anniversary of the ADR Regulations coming into force.
-
Manufacturer 9 JulSeat hatches plan to spend £4.5bn on electrification
Seat has pledged to spend almost £4.5 billion on the electrification of its vehicle ranges by 2025 as part of efforts to create “a stronger, more innovative and more sustainable company”.
-
Acquisitions and deals 9 JulTMS Motor Group acquires Sandicliffe Kia Leicester car dealership
TMS Motor Group has shrugged off the set-backs of Leicester’s COVID-19 lockdown to acquire Sandicliffe Motor Group’s Kia dealership in the city.
-
Market Insight 8 JulJob retention and creation Chancellor’s COVID-19 recovery plan priority
Chancellor of the Exchequer Rishi Sunak put job retention and creation front and centre of his £30 billion COVID-19 “mini budget” – prioritising hospitality, tourism and housing with fiscal stimulation measures.
-
News 8 JulAvailable Car alerts staff to 'potential redundancies'
Independent used car supermarket group Available Car has written to its employees warning of “potential redundancies” as a result of the impact of the COVID-19 coronavirus crisis.
-
News 8 JulPerformance 28 founders: ‘Brexit and COVID have made us a better business’
The founders of independent supercar dealership Performance 28 have said that the challenge of becoming established amid Brexit and the COVID-19 crisis has created a “better business”.
-
Aftersales 8 JulOne-in-10 vehicles emerged from lockdown with ‘dangerous defects’
BookMyGarage has highlighted the post-lockdown aftersales opportunity open to car retailers with research which states that one-in-10 vehicles have emerged from lockdown with ‘dangerous defects’.
-
Market Insight 7 JulCar dealers' swift transition to 'new normal' delivers steady recovery
Following a swift transition by car retailers from the COVID-19 lockdown to “the new normal” new car registrations got back on track for UK businesses in June.
-
Market Insight 7 Jul
Chancellor unlikely to ‘support individual pockets’ in COVID-19 mini budget
Chancellor of the Exchequer Rishi Sunak is unlikely to support individual businesses like car dealerships with new COVID-19 recovery packages in tomorrow’s “mini budget”, it has been claimed.
-
Car Dealer News 7 JulUsed car buyers on the 'road to zero' with CO2 emissions offset scheme
Used car buyers can support the UK's journey to net zero CO2 emissions by 2050 targets thanks to the launch of the iOffset carbon offset scheme.
-
Car Dealer News 7 JulCOVID-19 impact prompts Jardine Motors restructure and redundancies
Jardine Motors Group has confirmed that it has opened consultation over redundancies as part of a restructure prompted by COVID-19.
-
Latest News 6 Jul
Italian parliament gives green light to new car scrappage scheme
Car retailers in Italy will benefit from a post-COVID sales boost after the country’s government gave the green light to scrappage scheme incentives for buyers.
-
Latest News 6 JulAM’s Retail Review webinar to rev-up retail for COVID-19 recovery
There is still time to register for the Automotive Management (AM) Retail Review webinar to gain insights from sector specialists from Auto Trader, BDO, Cambria Automotive and Suzuki GB.
-
Manufacturer 2 Jul
Bolton Labour Party leader rebukes 'threats' over Volvo showroom plans
Planning officials in Bolton gave way to Volvo Car UK corporate identity (CI) demands after "threats" over the potential withdrawal of a scheme to build a new showroom in the city.
-
Manufacturer 2 JulJLR launches Pivotal premium car subscription service
Jaguar Land Rover (JLR) customers will be able to swap models when it suits them as part of the premium car manufacturer’s new Pivotal car subscription service.
