Cox Automotive International president Martin Forbes said the business has signalled its intent to “significantly extend our mobility capabilities in Europe” with the acquisition of FleetMaster.
Car retailers will be locked into a strategy of “retaining profit margins at all cost” as vehicle supply issues continue into 2022, according to Cox Automotive.
Used vans prices are expected to start rising and not stop until some time in 2022, according to Cox Automotive.
Cox Automotive Europe has created a new sales director role as part of a move to strengthen its senior leadership team working with customers.
Cox Automotive Europe chief executive Pete Bell covered 100 miles on his bike as he lapped Bruntingthorpe Proving Ground as part of a ‘100 for £100’ charity challenge.
Motorpoint has emerged as the UK’s best automotive business for employees in Best Companies’ annual Top 100 Company to Work for in the UK awards rankings.
Cox Automotive has warned UK car dealers not to be ‘blindsided’ by the automotive retail sector’s headwinds after the optimism on an April sales regurgence.
Cox Automotive has acquired German dealer-to-dealer online auction business pkwNOW.
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.
Cox Automotive International president Martin Forbes and Manheim Auction Services and NextGear Capital MD Liam Quegan have become the latest additons to the Automotive 30% Club.
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.
Register for an April 6 AM Motor Retail Review with Neil Addley of JudgeService, Ben Archer of Arbury Motor Group, Daksh Gupta of Marshall Motor Group and Philip Nothard of Cox Automotive
Strike action proposed by COVID-19 hit employees at the DVLA’s Swansea headquarters could be set to impact the car retail sector’s own recovery period, Cox Automotive has warned.
New data from Cox Automotive shows orders for new ‘21’ number plate cars in March, usually the industry’s best performing car sales month of the year, were down by as much as 30%.
National Grid fleet manager Lorna McAtear has received the Barbara Cox Woman of the Year Award at an event to mark International Women’s Day.
Cox Automotive continues growth strategy with Codeweavers acquisition
Used car dealers are more positive about their ability to make a healthy margin on their sales than they were before the COVID-19 pandemic, a new survey has found.
Cox Automotive’s Phillip Nothard has said it is “vital” that car showrooms are able to re-open as soon as possible despite signs that many retailers continue to perform well against the odds in COVID-19 ‘Lockdown 3’.
The UK’s COVID-19 ‘Lockdown 3’ trading restrictions mean that franchised car retailers are “suffering” more greatly than their European counterparts.
Manheim Auction Services has announced a new two-year contract with online used-car dealership, Carzam.
