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.
Circle Leasing has promoted Sarah Minogue as the its new head of sales after demonstrating her "leadership skills" in COVID-19 lockdown.
What Car? has added a new feature to its New Car Buying platform that allows dealers to sell unregistered, pre-registered and nearly new cars from stock.
Vantage Motor Group has further strengthened its part-exchange used car remarketing relationship with Aston Barclay.
Car dealers are being urged to ensure they have maximised available capital allowances resulting from infrastructure investments in a bid to leverage vital tax relief.
Automotive retail suppliers from across the sector have joined together to launch Hub365, an online portal that gives dealers access to products, software solutions and support services.
Car dealers’ used vehicle stock levels have declined by 30% as post-lockdown demand among buyers leaves businesses “grappling” with the challenge of securing fresh product for their forecourts.
Auto Trader is aiming to drive more traffic to car retailer’s online adverts through its sponsorship of ‘Weekends on Dave’ – delivering a 12-months of continuous TV exposure.
A 26% increase in June profits helped the average UK car dealer to claw-back COVID-19 losses which amounted to around £100,000, according to ASE’s latest market insight.
West Way Nissan believes that its shift to a digital aftersales process during the COVID-19 lockdown period could save it 10,000 hours a year of "productive time".
For many years a bugbear of the motor industry is the transactional and infrequent relationship the car dealers has with their customers.
A survey of over 1,000 consumers who purchased a car through carwow since the UK's first dealership reopenings has confirmed a shift towards digital car retailing across Europe.
The AA has become a potential takeover target as it looks to raise funds to re-balance its books in light of a £2.65 billion debt.
