used cars
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Used Cars 7 MaySurge in used car buyer demand drives 7.1% rise in values on Auto Trader
A 36% April surge in online traffic from used car buyers was accompanied by a 7.1% year-on-year rise in advertised vehicle values on Auto Trader.
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Car Dealer News 6 MayInchcape to establish 20-site used car retail and fast-fit aftersales network
Inchcape UK chief executive James Brearley has revealed the AM100 PLC’s plan to open up to 20 used car retail locations, each with an adjoining fast-fit aftersales offering, by the end of next year.
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Used Cars 6 MayUK’s fastest and slowest depreciating cars ranked by What Car and Cap HPI?
What Car? has teamed up with valuations experts at Cap HPI to rank the UK’s slowest and fastest depreciating cars.
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People News 4 MayCazoo names former Lib Dem MP Luciana Berger as latest board member addition
Former Liberal Democrat MP Luciana Berger will join the Cazoo board as non-executive director and Environment, Social, and Corporate Governance (ESG) Committee chair.
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News 4 MaySW Car Supermarket achieves record sales week after reopening showrooms
SW Car Supermarket has become the latest car retailer to celebrate a record sales week after reopening its showroom doors following COVID-19 'Lockdown 3'.
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Used Cars 29 AprWholesale used car prices rise 8% since showrooms re-opened
Used car prices at auction have risen by up to 8% in the last two weeks since showrooms were able to re-open.
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Car Dealer News 29 AprSwansway defies COVID-19 impact with record profits and car sales growth in 2020
Swansway Group has reported record profitability and growth in its car and van sales volumes in annual financial results detailing its performance during a COVID-impacted 2020.
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Used Cars 28 AprUsed car supply to face more shortages, warns Cox Automotive
The supply of used cars is expected to remain restricted in the short term, pushing up wholesale prices and limiting growth opportunities for dealers, according to Cox Automotive.
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Used Cars 26 AprUsed car sales surged almost 16% at BCA after April 12 showroom reopenings
BCA has revealed that used car values rose by an average of 15.8% as traders’ stocking demands ramped-up in the week of the April 12 reopening of showrooms in England and Wales.
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People News 26 AprCazoo appoints Barnado’s deputy chairperson Moni Mannings to board of directors
Cazoo has added Barnado’s deputy chairperson Moni Mannings to its board of directors as it continues to make preparations for its £5 billion public offering on the New York Stock Exchange.
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Car Dealer News 26 AprCarShop drives omnichannel used car sales with first Express store in Leicester
Sytner Group’s CarShop used car division has furthered its aim to deliver an omnichannel sales process with the launch of its new CarShop Express store in Leicester.
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Supplier News 23 AprManheim Auction Services continues Accelerate support package for car dealers
Manheim Auction Services has said that it will continue to waive its online car buying fees and offer free vehicle collection as part of its Accelerate package of COVID-19 recovery support.
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Market Insight 23 AprAston Barclay may ‘turn traders away’ after success of physical car auctions' return
Aston Barclay managing director Martin Potter has said that the success of the remarketing provider’s return to physical auctions after ‘Lockdown 3’ could mean it has to “turn traders away”.
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Car Dealer News 21 AprJCT600 launches six new 'JCT600 Approved' used car retail centres
JCT600 has launched six ‘JCT600 Approved’ used car dealerships as part of a move to set new standards for its pre-owned vehicles.
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Used Cars 19 Apr
Used petrol and diesel cars retain strong values post-lockdown, says NAMA
Auction companies are predicting that values for used petrol and diesel cars will remain strong as the country emerges from lockdown and consumer confidence improves.
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News 19 AprCOVID-19 has ‘changed customer behaviour for good’, says Carzam
The COVID-19 pandemic and series of lockdown restrictions on car showrooms have “changed customer behaviour for good”, according to online retailer Carzam.
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Used Cars 16 AprAston Barclay's 'Lockdown 3' Q1 used car sales volumes a match for 2020
Aston Barclay has reported that its used car sales volumes in a COVID-19 hit Q1 were a match for those of the same period in 2020.
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Supplier News 15 AprHeycar increases car dealer payment terms to 60 days
Heycar is increasing payment terms to 60 days until the end of Q2 to provide dealers with ‘welcome breathing space’ as after this week's showroom reopenings.
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Used Cars 15 Apr
Used car trading ‘exceptionally competitive’ ahead of showroom re-openings
Used car auctions across the UK have reported ‘exceptionally competitive’ trading during March as car dealers prepared for a bumper period of sales following this week’s reopening of showrooms.
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Latest News 14 AprOnline car retailer Driverama promises ‘borderless’ vehicle sales across Europe
Europe’s largest independent used car retailer is aiming to create a ‘borderless’ online car retail business across 12 countries with the launch of its Driverama platform.
