Auto Trader has claimed that interest in commercial vehicles (CV) has been “unaffected” by the latest COVID-19 lockdown restrictions – with online enquiries up 38%.
Dealer Auction will supply digital auction services to Volkswagen Group UK's franchised car retail networks after signing a preferred supplier agreement with the German OEM.
Startline Motor Finance has secured a £375 million credit facility from J.P.Morgan in what is the third renewal and upsize of the facility between the two companies.
BCA has announced plans to develop a new 65-acre remarketing ‘mega centre’ in Bristol, with the capacity to handle over 120,000 vehicles each year.
HMRC has opened its claims period for the newly-extended Coronavirus Job Retention Scheme (CJRS) as officials “grapple with its regulatory control” to prevent erroneous and fraudulent claims.
The Retail Automotive Alliance (RAA) is celebrating the largest membership base in its history after welcoming franchised car dealers SG Petch and Clive Brook Volvo joined its ranks.
Fixter has been named as the winner of the New Business Award in the prestigious Franco-British Business Awards 2020.
eBay Motors Group will provide car dealers with free advertising in December as part of support measures designed to assist businesses during England’s COVID-19 ‘Lockdown 2’ period.
UK car retailers were “within touching distance” of the profitability achieved in 2020 after £110,000 profit-per-site in the key number plate change month of September, according to ASE.
Aftersales departments allowed to remain open during the latest COVID-19 lockdown restrictions will continue to benefit from record MOT bookings, BookMyGarage.com has reported.
CarGurus has announced that it will axe car dealers’ online advertising subscription fees during December following the recent reintroduction of COVID-19 lockdown measures.
Auto Trader will renew its offer of free classified advertising for car retailers as part of new support measures announced amid new COVID-19 lockdown restrictions in England and Wales.
Kellie Grocott has been appointed as director of sales for RAC Dealer Network at Assurant following the promotion of Sean Kent into the role of UK client director for automotive.
Auto Trader has reported a 37% decline in revenue and 48% dip in operating profit in a COVID-19 half-year trading update.
Cap HPI is poised to handle any large volume vehicle price hikes from car manufacturers in the event of a ‘no-deal’ Brexit.
CD Auction Group will launch a new dealer-to-dealer online remarketing platform as part of expansion plans under new operations director Andy Pearce.
Car retailers’ efforts to drive sales through digital sales processes designed to overcome the challenges of COVID-19 delivered a 10% increase in new car orders last month.
Fix Auto UK has formed a partnership with Trustpilot, to ‘instil confidence and credibility’ in the service provided by its franchise partners.
Increasing competition for used car stock from private sellers has been revealed in Motorway data showing year-on-year growth in the valuations – with EVs showing a 34% increase.
Demand for used cars has risen 15% year-on-year as franchised retailers experience a decline in sales of new cars, according to AA Cars data.
