Vertu Motors’ COVID-19 recovery accelerated the AM100 PLC to a £19 million profit in Q2 to reverse a £14.3m Q1 loss and deliver a profit in a challenging period for automotive retail.
Kia Motors UK has celebrated the strong comeback from COVID-19 lockdown made 34 of its franchised car dealers with the award of a series of special President's Acceleration Awards.
New registrations in the light commercial vehicle (LCV) sector remain 27.4% down year-to-date despite a growth of 26.4% in September, the SMMT has reported.
The average UK car retailer delivered a £28,000 year-on-year swing to profitability in August to ensure “a profitable 2020 seems very much in reach for the average retailer”, according to ASE.
Shelbourne Motors has marked the first anniversary of the opening of its £5 million multi-brand car dealership in Newry with a 20.5% increase in pre-tax profits in its 2019 annual financial results.
Used car retailers saw their stock turn accelerate by 10 days in September as average advertised prices rose by 1.8%, eBay Motors has reported.
Motorpoint Peterborough’s Chris Northern has raised more than £2,500 for charity after completing the Jurassic Coast Ultra 100K run – despite the official event being cancelled.
The Vehicle Remarketing Association (VRA) is hosting a series of webinars to provide a summary of next year’s prospects in the key areas of remarketing.
Mazda has built on its ‘Mazda My Way’ home test drive concept to take car buying to customers across the UK with its new ‘Mazda Your Way’ pledge.
Mazepoint has launched Mazeinsight, a fully integrated business intelligence tool that enables dealer groups to collate data and manage, monitor and drive bottom-line performance.
The PSA Group has claimed that its new Robins & Day multi-brand car dealership in Chiswick offers the car buyers the UK’s “largest concentration” of new electric vehicles (EV) to choose from.
A new web-based car subscription service has launched in the UK, providing an alternative to traditional retailing, leasing and rental.
AM is launching a fully functioning virtual exhibition version of our annual Automotive Management Live event to enable dealers and OEMs to hear the latest insights and best practice plus network with their industry peers.
Car retailers have been urged not to not put their preparations to comply with the Financial Conduct Authority’s (FCA) Senior Manager Certification Regime (SM&CR) “on the back burner” as a result of the recent deadline extension.
The UK’s new car sales volumes slumped to their lowest September number plate change month this century as the automotive COVID-19 recovery stalled to a 4.4% year-on-year decline.
Vauxhall and Group PSA are combining their apprenticeship programmes as the brands continue to merge closer together.
MotorVise has appointed former Sytner and SG Petch dealer principal and Mercedes market area director for Rybrook, Nick Coyle, as its new sales director.
MFG has appointed associate partner Mark Tasker as its new aftersales programmes manager.
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Vertu Motors has completed the acquisition of Sandicliffe Motor Group’s Kia dealership in Nottingham.
Ford of Britain managing director Andy Barratt will be replaced by sales director Lisa Brankin after taking a ‘leave of absence’ from his role with the brand.
Low Cost Vans has launched a new range of services to support its customers through the lifecycle of their vehicle, including maintenance packages and a fleet management provision.
Average retail used car prices on Auto Trader recorded the largest ever monthly price increase in September - increasing by 7.6% to £13,829.
Lynk & Co chief executive Alain Visser has said that the UK will become the mobility brand’s second-biggest European market after Germany when it launches in 2022 – with Volvo retailers benefiting from aftersales trade.
SsangYong has appointed Phill Sargent as new regional aftersales manager for the south of England and Wales.
Volvo Car UK retailers were among high-performing UK car dealers celebrating their “best September ever” after overcoming the challenges of the COVID-19 pandemic to recover with record sales.
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Ex-Liverpool and England footballer Jamie Redknapp features in a series of heycar TV adverts in a marketing campaign launched in partnership with Sky Media.
ASE Automotive Solutions has secured its largest international agreement with Jaguar Land Rover.
Citroën has confirmed the UK specification of its new C4 and ë-C4 electric vehicle (EV) after officially opening car retailers’ order books for the crossover model.
