Market insight
-
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’.
-
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.
-
Retailing 12 AprLockdown lessons: Franchised car dealers’ OEM relationships under the spotlight
It’s fair to say the past 12 months have been challenging for the car retail sector.
-
Opinion 12 AprCar dealers must embrace flexibility and efficiency on road to recovery, opinion
As the nationwide lockdown is lifted, restrictions are eased, and the auto retail landscape begins its slow climb back to a more normal state, dealers will be challenged with how to turn stock faster and more efficiently.
-
Car Dealer News 9 AprWaylands set to open newly-built Volvo Car UK dealership in Bristol
Waylands has followed-up its recent expansion with Kia with an appointment to represent the Volvo Car UK franchise from a newly-built showroom in Bristol.
-
Market Insight 9 Apr‘Cazoo effect’ and showroom reopenings cause car retail's PLCs to rally
Car retail’s impressive response to the COVID-19 pandemic, the impending reopening of car showrooms after ‘Lockdown 3’ and the “Cazoo effect” have triggered rallying share prices for the sector’s PLCs.
-
Market Insight 9 AprRetailers play biggest part in improving van buying experience, finds Auto Trader
A positive retailer experience is the biggest accelerator to purchase for van buyers, according to the latest Auto Trader Van Buyer report.
-
Finance 9 AprCar finance sector to deliver 'strong rebound' after 27% February decline
The Finance and Leasing Association (FLA) has said it expects a “strong rebound” in the automotive finance sector after car showrooms emerge from COVID-19 ‘Lockdown 3’ on Monday.
-
Opinion 9 AprCar retail's agency model may not suit agencies, opinion
Car retail's agency model may not suit the sector's agencies, according to professor Jim Saker.
-
Retailing 9 AprCar buyer uncertainty main barrier to post-lockdown recovery, AM survey finds
Consumer uncertainty is the main hurdle to the car retail sector’s revival after showroom doors reopen on April 12, according to industry leaders.
-
Manufacturer 8 AprCaterham Cars acquired by Japanese importer and retailer VT Holdings
British sports car maker Caterham Cars has been acquired by Japanese importer and franchised car retail group VT holdings.
-
Car Dealer News 8 AprQuest Motor Group dealership closure to end almost 100 years in Maldon
Quest Motor Group will close the doors to its Citroen, Suzuki and Vauxhall multi-brand car dealership in Maldon to bring an end to 100 years of operations in the Essex town.
-
Market Insight 7 AprRecord car buyer engagement indicates ‘fast return to health’, says Auto Trader
Auto Trader has said it expects the UK’s car retail sector to deliver a “fast return to health” after seeing a 12th consecutive month of rising used car prices and record online engagement from buyers in March.
-
Market Insight 6 AprUK new car market strengthens for 1st time since August
UK new car sales in March 2021 were up on 2020 despite showrooms remaining closed by the coronavirus lockdowns.
-
Used Cars 6 AprUsed car stock is selling quicker, eBay finds
Dealers have recorded their best speed of sale yet in 2021, with average used car days in stock dropping to 45.6 days from 49.5 days in both January and February, according to eBay Motors Group data.
-
Latest News 1 AprScottish Government confirms car dealers can resume test drives from April 5
Scottish car retailers have been told that they can resume unaccompanied test drive provision to boost their retail recovery from April 5.
-
Car Dealer News 1 AprFownhope Mitsubishi makes switch to Ssangyong with new showroom opening
Fownhope Mitsubishi has made the switch to SsangYong Motors UK for new car sales with the opening of a new franchised car dealership in Hereford.
-
Market Insight 1 AprUsed car values reach ‘tipping point’ ahead of post-lockdown showroom opening
Used car values have reached a “tipping point” with prices rising for the first time in five months as an easing of COVID-19 ‘Lockdown 3’ retail restrictions draw nearer, says Cap HPI.
-
Market Insight 31 MarHybrid becomes most popular powertrain for future buyers
A quarter of UK drivers plan to buy a hybrid powered car next, according to new research from Close Brothers.
-
Market Insight 31 MarA third of women feel ‘very comfortable’ shopping in-store for a car alone
Women feel ‘apprehensive’ about the used car buying experience and do not ‘feel comfortable’ shopping for a used car alone, according to a recent survey by CarShop.
