The ownership of franchised car retail business Peter Ambrose Peugeot is set to start a “new chapter” under new ownership after being sold to a trust formed by its employees.
The number of used car retailers who describe themselves as “pessimistic” about the sector’s current fortunes has almost quadrupled in the space of just a month.
A used car dealer who attacked a doorman with a machete during a night out has been banned from providing financial services by the FCA.
Audi has facelifted its e-tron SUV and given the flagship electric model a new name.
Owners of cars that are at least 10 years old are less likely to swap them for newer models during the cost-of-living crisis, according to a Motorpoint survey.
A trio of talented car retail sector employees from Hippo Motor Group have scooped a hat-trick of accolades at an annual business awards event.
Bristol Street Motors (BSM) has struck-up a sponsorship deal with Gallagher Premiership Rugby team Exeter Chiefs as fellow car retail group LSH Auto broadened its support of Macclesfield Town FC.
In the latest in a series of guest opinion posts for AM, Volkswagen Financial Services UK chief executive Mike Todd considers how putting green travel under the microscope at COP27 will affect UK car retail.
September recorded the UK’s lowest new car finance volumes since 2010 as supply issues continued to disrupt the automotive sector, the Finance & Leasing Association (FLA) has reported.
Rygor Commercials is preparing for a new era of ownership after sales director John Keogh and head of truck sales Rish Channa completed a management buy-out (MBO) of the business.
