Stocking
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Used Cars 2 AugAuto Trader offers consumer sourced stock to support retailers
Auto Trader is providing retailers with new access to a stock of more than 30,000 vehicles sourced directly from consumers, it said.
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Market Insight 28 JulPost-Euros period delivers 28.8% used car sales boost for dealers, data shows
Used car buyers who paused their purchase to focus their attention on England’s route through the European football championships may have triggered a 26.8% boost to retail sales last week.
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News 27 JulMotorpoint sells 61% of cars online in record start to 2021
Motorpoint has revealed that it sold 61% of its used car volume online in Q1 as it accelerated its ecommerce retail offering to deliver a record start to 2021.
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Used Cars 27 JulCox Automotive downgrades 2021 used car sales forecast
Cox Automotive has downgraded its used car sales forecast for 2021 as the lasting impact of COVID-19 and the global semiconductor shortage look set to result in a “market starved of supply" in Q3.
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People News 22 JulHaydock Stock Finance welcomes new regional manager
Haydock Stock Finance, a new division developed by Haydock Finance, have welcomed Andy Poole as its new regional manager.
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Used Cars 7 JulUsed car supermarkets cut prices to speed-up sales in June
Used car supermarkets sold vehicles almost twice as fast as their independent counterparts as they cut retail prices to drive sales in June.
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Used car 5 JulUnprecedented used car market sees dealer rulebook thrown 'out of the window'
Valuation experts and AM100 retailers have conceded that they do not know when this year’s “unprecedented” used car price rises will end.
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Car Dealer News 28 JunMarshall continues to evolve after CEO's ‘special’ start to 2021
Marshall Motor Group chief executive Daksh Gupta has given an insight into how the AM100 PLC will continue to adapt to the changing car retail market after a “pretty special” start to 2021.
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Used Cars 28 Jun‘Brave’ used car dealers still delivering strong margins, says Cap HPI
Cap HPI has underlined the importance of its live valuations service as the pace of wholesale used car price rises continued with a 13.5% increase in the past three months.
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Market Insight 18 JunNew car supply chain issues will not be resolved until 2022
Car retailers will be locked into a strategy of “retaining profit margins at all cost” as vehicle supply issues continue into 2022, according to Cox Automotive.
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Used Cars 17 Jun
Used car stocking crisis? ‘control supply, control the market’
Franchised car retailers and their manufacturer partners have been warned that they are at risk of losing the battle for the used car market as emerging online disruptors assert dominance in stock acquisition.
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Opinion 17 JunHow car dealers can gear-up to support UK's Clean Air Zones, opinion
The introduction of Clean Air Zones (CAZ) is a vital step towards the Government achieving its plans to phase out both petrol and diesel cars by 2030 to reduce emissions and combat climate change.
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Supplier News 15 JunCarwow completes acquisition of car buying comparison site Wizzle
Carwow will provide car retailers with an opportunity to bid on privately-sold used vehicle stock following the completion of its acquisition of car buying comparison site Wizzle.
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Supplier News 14 JunInvestors pump an extra £48m into Motorway used car stocking portal
The Motorway used car stocking portal has raised an additional £48 million in a funding round led by Deliveroo, Etsy and Dropbox backer Index Ventures.
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Car Dealer News 14 JunConstellation accelerates growth of cinch with £80m Rockingham Motor Speedway acquisition
Constellation Automotive Group will expand the used car stocking and preparation capacity for BCA and cinch following the £80 million acquisition of Rockingham Motor Speedway.
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Used Cars 28 May
Soaring wholesale used car prices ‘not recoverable’ at point of sale
Soaring wholesale used car prices are “not recoverable” through retail price rises, creating an environment of ever-shrinking margins.
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Market Insight 27 May
Unprecedented used car demand drives 6.7% May value increase
Used car prices have risen by 6.7% during May as “amazingly strong” demand resulted in “unprecedented times” for the sector.
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Used Cars 24 MayCarzam to launch online buying platform as used car values soar
Carzam is poised to launch an online used car buying platform as retailers seek solutions to the stock shortage issues that are causing vehicle values to soar.
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Used Cars 20 MayUsed car retailers ‘can’t stock fast enough’ as consumer demand surges
Used car prices are soaring as car retailers report demand so strong that the “can’t stock the forecourt fast enough” – and supply shortages look to continue the trend.
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Latest News 18 MayNFDA Northern Ireland launches to 'tackle issues' facing dealers
The National Franchised Dealers Association (NFDA) has launched a division in Northern Ireland to ‘outline dealers’ priorities’ and ‘tackle issues’ affecting them.
