used cars
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Car Dealer News 1 DecCazoo vows to grow European car inventory after launch in France and Germany
Cazoo has vowed to grow its car inventory in Europe after officially launching its online car retail offering in France and Germany today.
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Car Dealer News 29 NovCarzam to be ‘propelled into next chapter’ with £112m funding boost
Carzam has raised £112 million to in a development that the online car retail business believes will propel it into its “next chapter”.
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Supplier News 29 NovMotorway achieves $1bn-valued ‘unicorn’ status after latest funding round
Motorway has set its sights on “further massive opportunity” in the automotive retail sector after achieving ‘unicorn’ status with a $1 billion (£750m) valuation.
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Used Cars 26 Nov'Green premium' leaves used EVs out of reach despite accelerated demand
Sales of used electric vehicles (EV) have accelerated past their petrol counterparts and are now leaving forecourts faster, according to new data from Auto Trader.
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Latest News 25 NovCar retail staffing crisis, inspiring women, used market insight – AM’s December issue
Car retail’s staffing crisis, a celebration of inspiring automotive women and in-depth insight into the soaring used car market all feature in a packed December edition of Automotive Management (AM) magazine.
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Used Cars 25 NovIs online remarketing playing key role in soaring used car values?
Used car dealers are buying cheaper used cars at physical auctions as they search for ways to avoid the impact of limited vehicle supplies and soaring values, according to Shoreham Vehicle Auctions (SVA).
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Latest News 23 NovHMRC clarifies post-Brexit tax terms for Northern Ireland car retailers
The HMRC has clarified the terms of post-Brexit tax arrangements for car retailers operating in Northern Ireland after changes to the margin scheme created a “hidden trap”.
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Car Dealer News 22 NovInchcape UK launches bravoauto branding for fast-growing used car division
Inchcape UK has unveiled the new bravoauto for its expanding used car retail division ahead of its expansion to 20 locations in the next three years.
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Car Dealer News 22 NovEden Motor Group surprises customer with £10,000 cash giveaway
Eden Motor Group chief executive Graeme Potts said that one of the business’ used car customers was “bowled over” when they became the surprise recipient of a £10,000 cash giveaway.
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Market Insight 19 NovUK’s used car price rises are Europe’s highest, says Indicata
The UK’s used car price rises are the highest in Europe, according to new data published by Indicata.
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Market Insight 18 NovAverage car dealer saw 189.7% profit rise in September, ASE reports
The average UK car retailer saw their monthly profit soar by 189.7% year-on-year in what the SMMT had described as a “desperately disappointing September”, according to ASE.
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Supplier News 17 Nov‘Irresponsible’ Motorway TV advert banned by ASA
A television advert for the Motorway car buying service has been banned by the Advertising Standards Authority (ASA) after allegation that it “encouraged driving behaviour that was dangerous”.
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Market Insight 17 NovSoaring UK inflation unlikely to threaten used car demand, says Auto Trader
An 80th consecutive week of increasing used car values and the highest level of UK inflation for a decade is unlikely to temper consumers’ appetite to buy a new vehicle, Auto Trader has said.
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Digital Marketing 17 NovDiscover EV digital marketplace launches
A free online service for buying and selling electric cars has launched to help car buyers make the shift to zero or low-emissions motoring.
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Used Cars 16 NovAM News Show podcast: Umesh Samani talks buying, selling and marketing
IMDA chairman and Specialist Cars owner Umesh Samani chatted about used car marketing "on the road" and unwinding with a V8-powered hobby "off road" in the latest AM News Show Podcast.
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Used Cars 16 NovCar dealers still under-pricing up to 60% of used cars, RTC data shows
Used car dealers are still under-pricing up to 60% of their forecourt stock, according to data published by Real Time Communications (RTC).
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Dealer profiles 16 NovAvailable Car CEO believes his car supermarket group can 'get through anything'
When Michael Bell took the chief executive’s chair of the family business, Available Car, in 2019, he could never have anticipated quite the baptism of fire that was coming.
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Used Cars 15 NovUsed car values show signs of ‘easing back’ at BCA auctions
Used car values remained at their second highest level ever in a “frenzied” 2021 market at BCA’s auction in October, despite showing signs of “easing back” in the month’s latter stages.
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Latest News 11 NovAuto Trader half-year operating profits up 121% to £151.7m
Auto Trader has posted a 121% increase in operating profit to £151.7 million for the half year ended September 30.
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Finance 11 Nov
Paragon launches finance package to incentivise EVs
Paragon Motor Finance (PMF) has commenced lending on EVs with a new package that’s designed to incentivise consumers to move away from ICE vehicles.
