Almost half of all car buyers expect new car prices to rise when Britain’s transition out of the EU is complete, but many still intend to buy one according to research from Buyacar.
The last six months have been one of the toughest periods the new car market has had to contend with in recent times, but will the effects of coronavirus turn the traditional franchised car dealer model on its head permanently?
Used car retailers increased their stock turn by 11.8% month-on-month as demand for vehicles continued to drive up values at auction houses across the UK, according to Cox Automotive and eBay Motors Group.
Waylands Automotive is now selling cars online after launching its new e-commerce equipped GForces website.
Newly-launched car buying platform YesAuto claims to have launched the UK’s first online, virtual reality auto show – the YesAuto Car Show.
Average used car prices on Auto Trader have increased for the fifth consecutive month to £13,705, up by 6.1% in August year-on-year.
Premium used cars have been hailed as “pandemic proof” by online vehicle stocking source Motorway after the value of Land Rovers, Lexus and Maseratis rose by over 8% year-on-year.
Members of the Independent Automotive Aftermarket Association (IAAF) will be able to able to gain insight into vehicle recalls and market surveillance in an upcoming online conference call.
Shoreham Vehicle Auctions (SVA) has welcomed physical buyers back to socially-distanced auction halls after preparing its locations to limit COVID-19 transmission.
CD Auction Group has made two senior appointments to support its growth plans with James Dower joining as account director and Andy Pearce as operations director.
CDK Global is giving students at six UK universities the chance to win a £10,000 prize as part of a new scheme aiming to introduce them to the automotive retail sector.
Car dealership aftersales departments attempting to plan ahead for an expected surge in MOT demand during the second half of the year have been handed a top ten ranking of the UK’s most under-pressure cities.
Used car values showed little sign of an impending “market correction” as prices rose by an average of 0.2% across the sector during August, Cap HPI has reported.
Savings on nearly new 2020-registered cars are putting pressure on new car sales targets for September’s registration plate change.
The National Body Repair Association (NBRA) has called on Government to extend the Coronavirus Job Retention Scheme (CJRS).
Car buying platform, YesAuto, has launched its online shop and car information hub, to ‘support customers through every stage of the car buying journey’.
Alphera Financial Services has appointed BMW/Mini national leasing manager Adam Harley as its new head of key accounts.
BCA has introduced a digital click and collect service for auction purchases, to meet the changing needs of customers in the post-Coronavirus market.
Marshall Motor Group has agreed a new, three-year deal with vehicle remarketing provider, Manheim.
Car dealers are adopting new technology to meet new purchasing demands among car buyers, according to the latest research from CarGurus.
