A ‘seismic’ High Court ruling over a landmark case involving RCI Financial Services and Mackie Motors has paved the way for a seven-day termination period for franchised car retailers, it has been claimed.
Sinclair Group has made its first move into England and added two Land Rover dealerships and its first Hyundai franchise through the acquisition of Shukers.
Waylands Automotive is days away from doubling its MG Motor UK representation with the opening of a new dealership site in Newbury.
Hippo Motor Group has exceeded a 300-employee headcount for the first time and is continuing to expand with a further 25 vacancies.
Sub-two-year-old cars priced over £20,000 were the 'sweet spot' for dealers in July, according to the latest eBay Motors Group Market View.
One of Pendragon’s five major shareholders has blocked a takeover bid launched for the AM100 car retail PLC by “a large international corporate”.
The UK is set to slip into recession this winter as rising fuel and energy costs stymie economic growth, the Bank of England warned as raised interest rates by 0.5% today.
Toyota suffered a slip in profits as manufacturing and supply chain headaches constrained production and pushed up costs in its first fiscal quarter.
The servicing and maintenance of electric vehicles (EVs) requires a third less labour than petrol or diesel cars, reducing aftersales revenues for dealers.
V12 Vehicle Finance (V12VF) has reached its third-year anniversary with record sales figures.
Used car values continued to grow on a year-on-year basis in July, although the rate of growth is softening.
The UK’s new car finance suffered its “largest contraction” in new business volumes since February 2021’s COVID-19 lockdown period during June, according to new data published by the Finance and Leasing Association (FLA).
Performance-leaning Cupra outsold its mainstream Catalonian sister brand Seat as its new Born electric vehicle (EV) tapped into the car retail sector’s only growth segment during July.
A 9% dip in new car registrations in July delivered a fifth consecutive month of sliding sales in a UK automotive sector which continues to be hampered by the global manufacturing crisis.
Maxus has added Hyundai, MG and Suzuki dealer Stoner Motor Company in Rainham, to its UK dealer network.
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The Financial Conduct Authority has toughened its rules to help prevent consumers being mis-sold or mis-led by appointed representatives (ARs) following its concerns that many are not being managed effectively by principal firms.
Two former flight attendants who swapped canbin crew duties for a career in car retail are taking to the skies once again in the name of charity.
Jeep is now accepting orders for its flagship Grand Cherokee model in the UK market, with a plug-in hybrid powertrain.
Automotive businesses face an unprecedented skills shortage across all levels of seniority, according to a new report from Ennis & Co.
Car retailers should be urging electric vehicle (EV) customers to switch to variable 'smart' electricity tariffs amid warnings of an eight-fold surge in home charging costs.
JCT600 has grown its Volkswagen Commercial Vehicles dealership to five locations through the acquisition of two sites from Volkswagen Van Centre West Yorkshire.
Volvo Car UK has appointed a new commercial operations director and consumer director as part of a management restructure aligned to its ambitions to leverage agency model direct car sales.
Constellation Automotive has denied that Marshall Motor Group’s exit from the Kia UK franchised dealer network is connected to leadership changes following its takeover of the former car retail PLC.
Online car retailer Cazoo announced a £243 million loss from the first half of 2022, and Cazoo is breaching New York Stock Exchange rules which risk delisting.
Eurorepar Car Service will host a free-to-attend live webinar on August 8 to help motor trade businesses boost their digital presence.
Image-conscious Brits don’t want to be seen driving a car that’s more than five years old, according to a new survey.
Audi UK is searching for an influential performance driver to fill a new role of direct sales operations and performance manager as the Volkswagen Group brand prepares to expand its agency contracts for retailers.
Toyota could cease car production in the UK if the Department for Transport decides to bring forward the 2035 target for phasing out hybrid-powered vehicles.
Milton Keynes-based used car retailer CarOOn in preparing to create 40 new jobs with a business expansion funded by £800,000 in new funding backed by the Recovery Loan Scheme.
