The Light Commercial Vehicle (LCV) market delivered record registrations in April as businesses expressed their confidence in the COVID-19 recovery in new vehicle acquisitions.
Car retailers across the UK should be working to ensure that organising a test drive is as easy as ordering an Uber, according to automotive eCommerce specialist drivvn.
What Car? has teamed up with valuations experts at Cap HPI to rank the UK’s slowest and fastest depreciating cars.
The Society of Motor Manufacturers and Traders (SMMT) has said that April’s 13.9% rise in new car registrations show that there is “light at the end of the tunnel” after COVID-19.
Waylands Automotive ensured that the COVID-19 pandemic was no barrier to ongoing growth as it delivered a 4% increase in revenues and 150% rise in pre-tax profits from its network of Volvo dealerships.
Rainworth Motor Group doubled its franchised car retail footprint with a Hyundai and Isuzu dealership acquisition after its directors went from the AM cover to expansion talks in the space of three days.
SW Car Supermarket has become the latest car retailer to celebrate a record sales week after reopening its showroom doors following COVID-19 'Lockdown 3'.
Caffyns has joined the London Electric Vehicle Company (LEVC) dealer network with the opening of a new franchised retail location in Eastbourne, Sussex.
Genesis Motor Europe is said to be a “product-launch fantasy” ahead of its official launch in the UK on May 4.
Almost two-thirds of car buyers would be open to buying a car without a test drive if the dealer offered a 14-day money back guarantee, according to new research from Auto Trader.
BMW is set to temporarily close its Plant Oxford Mini production line after the premium car manufacturer becomes the latest casualty of a global shortage of semiconductor microchips.
Used car prices at auction have risen by up to 8% in the last two weeks since showrooms were able to re-open.
Car manufacturers have told the Society of Motor Manufacturers and Traders (SMMT) that their COVID-19 recovery will take “at least six months” in the UK.
Swansway Group has reported record profitability and growth in its car and van sales volumes in annual financial results detailing its performance during a COVID-impacted 2020.
Inchcape’s UK car dealership operation showed “relative resilience” in a COVID-impacted ‘Lockdown 3’ as the PLC’s distribution business offset revenue losses from retail, the PLC has reported.
The supply of used cars is expected to remain restricted in the short term, pushing up wholesale prices and limiting growth opportunities for dealers, according to Cox Automotive.
More than two-thirds (71%) of car showroom visitors feel they are safer than the supermarkets that were allowed to remain open throughout the UK’s lockdown periods, a What Car? survey has found.
Volvo is among a group of 27 companies applying pressure to the European Union (EU) to introduce a ban on the sale of new petrol and diesel cars by 2025.
BCA has revealed that used car values rose by an average of 15.8% as traders’ stocking demands ramped-up in the week of the April 12 reopening of showrooms in England and Wales.
Cazoo has added Barnado’s deputy chairperson Moni Mannings to its board of directors as it continues to make preparations for its £5 billion public offering on the New York Stock Exchange.
