used cars
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Car Dealer News 2 JunMotorpoint delivers 1,000 cars during lockdown
Independent car retailer Motorpoint has delivered 1,000 cars during the coronavirus lockdown via its free home delivery service.
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Used Cars 2 JunBCA claims used car values have ‘steadily risen’ in COVID-19 lockdown
BCA has claimed that used car values have “steadily risen” during the COVID-19 lockdown period which prevented the majority of UK car retailers for trading.
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Car Dealer News 1 JunJCT600 opens £1m Ferrari supercar service centre in Newcastle
JCT600 has opened the doors to a new £1 million Ferrari supercar service centre in Newcastle ahead of the opening of its new Leeds showroom later this year.
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People News 1 JunCazoo appoints former LoveFiLM operations director as COO
Cazoo has appointed former LoveFiLM group operation director Fern Wake as its new chief operations officer.
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Car Dealer News 27 MayLSH Auto Mercedes Manchester becomes used car ‘Centre of Excellence’
LSH Auto UK has converted its Manchester Central Mercedes-Benz site into a used car ‘Centre of Excellence’.
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News 27 MayBig Motoring World eyes future growth after 34% profit rise in 2019
Big Motoring World Group has revealed a 43% growth in turnover and a 34% increase in pre-tax profits in a statement detailing the successes of its performance in 2019.
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Supplier News 27 MayAuto Trader offers 25% advertising discount to car retailers in June
Auto Trader has announced that it will resume charging car dealers for its online classified car adverts from June 1 – with a 25% discount during their first month of showroom trading.
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Used Cars 26 MayCar dealers urged to ‘hold their nerve’ in volatile period for used values
Car retailers have been urged to “hold their nerve” and not rush to liquidate stock ahead of an anticipated rise in sales demand following June 1’s re-opening of car showrooms across the UK.
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Supplier News 18 MayAuto Trader launches COVID-19 lockdown car marketing tools
Rising demand among car buyers in COVID-19 lockdown has prompted Auto Trader to bring forward the launch of home delivery and click and collect online marketing tools.
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Supplier News 15 MayCD Auction restarts used car sales activity
CD Auction is re-starting sales across its operations with immediate effect, amid relaxed lockdown measures introduced by the Government earlier this week.
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Used Cars 15 May
Used car values ‘need to be adjusted’ amid growing sales, says Cap HPI
Growing volumes of COVID-19 coronavirus lockdown used car sales have prompted Cap HPI to admit that the time is right for recommence valuation changes – and initial sales suggest a 2% to 5% decline.
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Used Cars 13 MayAgeing stock drives European used car retailers’ COVID-19 lockdown losses
Aging stock has been cited as the “main driver” of £1.6 billion losses incurred by Europe’s used car retail sector between the start of the COVID-19 coronavrius lockdown and mid-April.
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Used Cars 12 MayUsed car market’s solid growth ‘wiped-out’ by COVID-19, SMMT reveals
The UK's used car market contracted by 8.3% in the first quarter of 2020 following a COVID-19 coronavirus lockdown-prompted 30.7% decline in March sales, SMMT data has revealed.
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Supplier News 12 MayCox Automotive re-starts Manheim used car auction operations
Cox Automotive has re-started Manheim's car auction operations via its online sales platform following “weeks of careful planning and implementation of the necessary safety measures”.
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Supplier News 11 MayMotorway restarts car auctions with ‘contactless’ logistics service
Motorway has re-started its daily online auctions alongside free trials of a “contactless” car transportation service as car retailers look towards stocking their dealerships ahead of an easing of COVID-19 lockdown restrictions.
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Market Insight 7 MayCOVID-19 impact deals 43% March profitability blow to car retailers
The initial impact of the COVID-19 coronavirus pandemic resulted in a 43% decline in profitability for UK car retailers during the key March number plate change month, ASE data has revealed.
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Supplier News 7 MayVAutoStock offers free remote part-exchange appraisal tool
VAutoStock is offering free use of its now stand-alone part-exchange vehicle appraisal tool which allows car dealers to value customers’ cars from a distance during COVID-19 lockdown.
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Used Cars 5 MayUsed car and van markets ‘will bounce back’ post lockdown
The UK’s used car and van markets will bounce back once the Government’s COVID-19 coronavirus lockdown restrictions are eased, according to Shoreham Vehicle Auctions’ (SVA) Alex Wright.
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Market Insight 29 AprGermany and Austria indicate ‘no strong signs’ of used car market bounce back
The easing of car retail COVID-19 coronavirus lockdown restrictions in Austria and Germany have delivered ‘no strong signs’ of a used car market bounce back, according to Indicata.
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Market Insight 29 AprUp to 60% of used car dealers are making weekly price alterations
Following clarification on car dealers ability to trade in the COVID-19 coronavirus lockdown Cazana's director of insight, Rupert Pontin, asks whether 2020 used car demand could actually be higher than 2019.
