Stocking
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People News 20 JanMotorway appoints former eBay and Trainline comms specialist Victoria Biggs
Motorway has appointed former eBay and Trainline communications specialist Victoria Biggs to the newly-created role of chief communications officer.
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News 13 JanCar dealer foots £250,000 police car chase wreckage bill
A used car retailer that saw £250,000 worth of used car stock written-off after a high-speed police chase ended in a Volkswagen Golf somersaulting across his forecourt has been told he must foot the bill.
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Market Insight 12 JanPendragon CEO Bill Berman: car supplies could take eight years to recover
Car supplies could take up to eight years to recover after component shortages and COVID-19 factory closures, according to Pendragon chief executive Bill Berman.
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Car Dealer News 16 DecLookers joins stocking race with ‘click and sell’ used car buying platform
Lookers has boosted its fleet of vehicle delivery and collection vans alongside the launch of a new ‘click and sell’ online used car buying platform aimed at sourcing used car stock from private sellers.
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Used car 10 DecSlower stock turn could win retailers the used car profit race
A rapid rate of stock turn has traditionally been a sure-fire way for car dealerships to maximise their used car profits and forecourt space.
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Used car 9 Dec
Profit from private: dealers share the benefits of the new go-to stocking source
Clive Brook Group, Drive Motor Retail, Hendy Group, Inchcape Retail and Jemca Motor Group have all ramped-up their acquisition of private used car stock in 2021.
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Used car 9 DecUsed car retailers will have to 'buy smarter' in competitive 2022 market
Used car prices remain at all-time highs and retailers have been told they will have to "buy smarter" to remain competitive as the trend continues into 2022.
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Supplier News 6 DecCarwow raises £41.5m to upscale fast-growing Sell Your Car division
Carwow has raised $55 million (£41.5m) to scale its Sell Your Car division after the used car stocking platform delivered 600% revenue growth in just six months.
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Market Insight 30 NovStable van prices indicate ‘what’s to come’ for used cars, says BCA
A stabilising of values in the used van market in recent months may highlight “what’s to come” for the used car sector, according to remarketing giant BCA.
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Supplier News 29 NovMotorway achieves $1bn-valued ‘unicorn’ status after latest funding round
Motorway has set its sights on “further massive opportunity” in the automotive retail sector after achieving ‘unicorn’ status with a $1 billion (£750m) valuation.
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Used Cars 25 NovIs online remarketing playing key role in soaring used car values?
Used car dealers are buying cheaper used cars at physical auctions as they search for ways to avoid the impact of limited vehicle supplies and soaring values, according to Shoreham Vehicle Auctions (SVA).
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Latest News 23 NovHMRC clarifies post-Brexit tax terms for Northern Ireland car retailers
The HMRC has clarified the terms of post-Brexit tax arrangements for car retailers operating in Northern Ireland after changes to the margin scheme created a “hidden trap”.
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Supplier News 17 Nov‘Irresponsible’ Motorway TV advert banned by ASA
A television advert for the Motorway car buying service has been banned by the Advertising Standards Authority (ASA) after allegation that it “encouraged driving behaviour that was dangerous”.
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Used Cars 16 NovAM News Show podcast: Umesh Samani talks buying, selling and marketing
IMDA chairman and Specialist Cars owner Umesh Samani chatted about used car marketing "on the road" and unwinding with a V8-powered hobby "off road" in the latest AM News Show Podcast.
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Used Cars 15 NovUsed car values show signs of ‘easing back’ at BCA auctions
Used car values remained at their second highest level ever in a “frenzied” 2021 market at BCA’s auction in October, despite showing signs of “easing back” in the month’s latter stages.
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Technology 3 NovAuto Trader in efficiency drive for motor retailers
Auto Trader is aiming to drive efficiencies for car dealers with a new stock management system which it claims will remove many of the biggest pain points in vehicle marketing.
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Supplier News 22 Oct
Close Brothers offers car retail insight tools through Auto Trader partnership
Close Brothers Motor Finance has teamed-up with Auto Trader to launch a “motor finance industry-first data tool” offering consumer demand insight to car retailers.
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Market Insight 22 OctCar dealers’ used cars stock levels down 9.4% year-on-year, says Indicata
Car dealers’ used car stock levels were 9.4% down year-on-year last month and 16.5% down on September 2019, according to data published by Indicata.
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Supplier News 19 OctIndependent dealers embrace Dealer Auction for used car stock disposal
Cox Automotive’s Dealer Auction online used car stocking platform has celebrated increased traction from independent retailers looking to “curate their forecourts” through vehicle disposals.
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Supplier News 14 OctValue of Motorway used car sales grew three-fold in Q3
The Motorway used car stocking portal has seen its vehicle sales grow 300% by value in Q3 after appreciating prices transformed the sector.
