Stocking
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Supplier News 2 DecGlyn Hopkin halves used car stocking days on drive to 14,000 sales
Glyn Hopkin claims to have halved its used car days in stock within 30 days after rolling out a new group-wide focus on ageing stock and introducing new pricing parameters.
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Used Cars 21 NovEfficient used car sales vital to 2020 dealer profits, says epyx
Franchised car retailers will have to continue to drive the efficiency of their used car sales in order to maintain profitability during 2020, according to epyx.
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Used Cars 22 OctCar supermarket stock grew 11% to capture September buyers
Car supermarkets grew their stock of used vehicles by an average of 11% during September in an effort to capture car buyers looking to buy in the key number plate change month, Motors.co.uk has reported.
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Opinion 10 SepRemarketing: what’s in store over the next 5 years? Guest opinion
Physical car auctions in the UK have remained fundamentally unchanged for decades.
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Used Cars 22 Aug
Car supermarket stock decline sparked July sales slowdown
Used car sales slowed in the UK’s car supermarkets as franchised retailers' growing stock levels sped-up their stock turn during July, according to the latest data from Motors.co.uk.
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Latest News 23 JulPetrol powertrains UK’s top 10 quickest selling used cars
Petrol powered vehicles dominated Indicata's monthly rankings of the UK's fastest-selling used cars during June.
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Market Insight 8 JulRDE2 ‘unlikely’ to have WLTP-like impact, says Cox Automotive
Car dealers concerns about the roll-out of the new RDE2 Real Driving Emissions car testing standards in September are ‘unlikely’ to manifest themselves in a WLTP-like impact on the market, according to Cox Automotive.
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Supplier News 25 JunMotorway’s £11m funding round fuels ‘Pro’ car buyer comparison platform
Motorway has launched a new ‘Pro’ version of its stock acquisition platform following the completion of an £11 million funding round to drive further growth for the business.
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Used Cars 21 JunHyundai Tucson and Vauxhall Crossland X sold fastest in May, says Indicata
Hyundai’s petrol-powered Tucson SUV was the UK’s fastest selling used car for a third consecutive month as it was joined at the top of the fast-turn rankings by Vauxhall’s Crossland X during May.
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Used Cars 14 JunDealers increased stock levels in May, reveals Motors.co.uk
Car retailers increased their stock of used cars by an average of 15% in May but took longer to sell vehicles according to analysis of year-to-year trends analysed by Motors.co.uk.
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Opinion 4 JunBrexit is not to blame for vehicle value fluctuations - guest opinion
Brexit is yet to have an impact on used car values in the UK according to Cap HPI’s latest analysis of the UK automotive sector.
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Used Cars 24 MayEV demand is pushing used prices ‘out of reach’, says Auto Trader
Car buyers searching for a used electric vehicles (EVs) are being "pushed out" of the market by prices after average values rose by 11% to £23,361 during April, Auto Trader’s Retail Price Index has revealed.
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Used Cars 27 MarUsed car stock levels rise, says Motors.co.uk
Used car stock levels have risen by 12% year-on-year, according to Motors.co.uk.
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Used Cars 15 Mar
OEMs are retaining more ex-lease vehicles for franchisees, says epyx
Manufacturers are repatriating increasing numbers of ex-lease vehicles back into their franchise dealer network as demand for quality used stock increases, reports epyx.
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Used Cars 27 FebFebruary brings first used car values decline since 2008
Used car values declined during February for the first time since 2008 as car retailers begun to show signs of "reluctance" to squeeze their profit margins any further, according to Cap HPI.
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Supplier News 21 FebEvolution Funding expansion receives LDC investment
Evolution Funding has secured investment to support its expansion from mid-market private equity investor LDC, which will take a significant minority stake.
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Opinion 21 FebHas the UK used car market undergone a seismic shift? Guest opinion
Auctions halls around the UK were heaving in 2018 as many dealers turned to the used sector to bolster profits. The result was the unusual phenomenon of high used volumes and record prices.
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Used Cars 7 FebLack of ‘quality stock’ not enough to stall used car prices, says Cazana
A lack of “good quality and desirable stock” has not been enough to stall rising used car prices as demand from consumers defies the uncertainty caused by Brexit, according to Cazana.
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Market Insight 1 FebCarGurus One Voice survey highlights car dealers' key challenges
Rising overheads, increased competition, sourcing the right stock, Government policy and Brexit are all set to impact car dealers in 2019, according to responses to the CarGurus One Voice Report.
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Supplier News 10 Jan
Additional used car stock targeted by 52% of dealers in 2019
Additional used car stock is part of the 2019 business plan of 52% of car retailers during 2019 – as 65% target growth in the sector.
