Used vans continued to achieve near-record prices at BCA auctions last month, but external economic pressures are starting to alter buyer behavior.
The Finance and Leasing Association (FLA) has warned that inflation could peak at 8% in the first half of 2022 after the global economic outlook weakened following Russia’s invasion of Ukraine.
New car prices have risen by more than a quarter, in some cases, in the last three years.
Chorley Group managing director Adam Turner has said further growth is on the cards after the family-run car retail group added two new Citroen dealerships with the acquisition of BCC Cars.
Australian car subscription provider Loopit’s ‘subscription in a box’ mobility solution has been launched into the UK market as Mycardirect secured additional funding to drive its growth this week.
One of the things that has changed due to COVID and, to some extent, Brexit is that commonly held mantras of good management have started to be questioned.
Online-only buyers expect car dealers to make a higher share of profit, than those buying direct through showrooms according to a new What Car? survey.
Demand for electric vehicles (EVs) is increasing as fuel prices spike, according to Auto Trader.
The number of people looking for electric vehicles (EVs) on Auto Trader’s marketplace has declined from a high of 26%, in late September 2021, to just 16% in February.
Hyundai believes the relationship with its franchised dealer network is improving on the back of strengthening profits, despite a below par showing in the latest National Franchised Dealers Association (NFDA) dealer attitude survey.
Used car supermarkets cut the price of their cars to trigger a 0.3% month-on-month decline in vehicle values on eBay Motors Group marketing portals during February.
Lexus pulled clear of the chasing pack to emerge as UK franchised car dealers’ number one retail partner for a sixth consecutive time in the NFDA Dealer Attitude Survey winter 2021/2022.
Suzuki GB boss Dale Wyatt has told the brand’s UK car retailers that the brand has become “VUCA ninjas” in webinar outlining supply constraints for the year ahead.
Hyundai Kia and Ford have followed Stellantis in spelling out new strategies that will accelerate the development of electric vehicles (EV).
A shortage of MOT testers could lead to longer waiting times for tests in April, according to the IMI.
Many car dealers are still “missing out on the full potential of digital retailing” according to a joint report created by Auto Trader, ICDP and the National Franchised Dealers Association (NFDA).
February’s new car registrations remained 25.9% down on pre-pandemic 2020 as Russia’s invasion of the Ukraine created increasing doubt about a volume recovery for car retailers.
Tesla finished bottom of a Which? survey of electric vehicle (EV) owners to determine the most and least reliable zero-emission cars on the market.
The new 22 plate released on March 1 may attract an ‘all-time low of new registrations’ in what has been a traditional peak quarter, warns MotorVise.
Long-lasting automotive supply chain impacts look set to be triggered by Russia’s invasion of the Ukraine as Jaguar Land Rover (JLR), Skoda, Stellantis and VW felt the conflict's impact.
