Northridge Finance has achieved a year of record growth, lending £1.1bn and increasing its funded fleet to 8,000 vehicles with Marshall Leasing.
BCA has prepared for the future by continuing to develop its apprenticeship scheme and national graduate recruitment and training programme.
Wholesale used car prices rose by 0.5% month-on-month in February as car retailers continued to express their concerns about margin compression, Cox Automotive reported.
Cooper Solutions has removed its seller fees in a move to further support dealers selling through its trade-only online auction site, FullAuction.
Manufacturers are repatriating increasing numbers of ex-lease vehicles back into their franchise dealer network as demand for quality used stock increases, reports epyx.
Online searches for diesel vehicles on Auto Trader declined to just 42% in February following a “precipitous” decline in popularity for the fuel type over the past two years.
Cazana has closed its latest round of crowdfunding at £1.56 million, nearly 160% of its original investment target to embark on global expansion plans.
The long-awaited FCA update on the motor finance industry has sharpened the sector's focus on Difference in Charge (DiC) arrangements that can lead to higher interest rates for consumers.
Finance companies may be required to fully disclose the commissioned paid to dealers and brokers, following the FCA’s review of motor finance.
The role of technology in the car buying process has been fraught with both opportunities and challenges for a number of years.
Carwow has responded to its recently acquired manufacturer partnerships with the appointment of Hasan Nergiz as director of OEM and Jon Davies head of OEM.
Rockar has defended the omni-channel approach to car retail following an announcement by Tesla’s Elon Musk that the brand intends to move its sales entirely online.
Renault's Kadjar SUV was February’s fastest selling used car on Auto Trader – capturing car buyers’ attention in an average of just 17 days.
February has not served to install car retailers’ used vehicle operations as “the shining star” in their business in recent months and news of HMRC VAT reforms will only make life tougher, according to Cazana.
The results of the latest Auto Trader Market Report have revealed that a third of the UK potential car buyers are being put off a purchase due to the uncertainty surrounding Brexit.
HR Owen is implementing a new electronic customer relationship management (eCRM) and digital remarketing campaign to boost sales of new and used cars and to enhance retention of aftersales customers.
Manheim has renewed its partnership with Hendy Group, marking the renewal of a 17-year partnership.
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.
Car manufacturers’ YouTube video content gained greater traction than their own websites for the first time in 2018, according to a new study by digital marketing specialist Sophus3.
Carwow has created an online tool to predict car costs after no deal Brexit, which motorists fear will make vehicles more expensive.
