Liquidators have listed 61 creditors owed a combined total of £1.14m after luxury used car retailer Autovogue slipped into liquidation this month.
Dealer Auction - the digital wholesale marketplace - has launched a promotion aimed at encouraging independent dealers to sell stock through the platform.
Big Motoring World is hoping to score an ace with the opening of a new used car supermarket site in Wimbledon – its sixth location in a growing retail network.
Motorpoint has started a recruitment drive to attract staff for its 20th used car retail site, which is set to open in Ipswich in May.
Stellantis-owned Aramis Group has bucked the trend for used car refurbishing centre closure with the opening of a new 15,000 square metre facility in Hull.
Luxury used car retailer Autovogue has ceased trading after blaming “failing used Jaguar Land Rover vehicles” for its faltering financial fortunes.
Motorpoint chief executive Mark Carpenter has insisted the car supermarket group will succeed in its goal of becoming a “highly profitable market leader” despite faltering finance commissions and used vehicle margins.
A serial fraudster who claimed his criminal activity was triggered by PTSD resulting from a four-week kidnap ordeal has been sentenced for stealing £15,000 from a used car retailer.
Independent garage labour rates are rising quickly, but future bookings have fallen sharply.
An outraged Motorpoint customer has told The Sun newspaper how her daughter’s Ford Fiesta was driven 22 miles during a service appointment with Motorpoint.
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.
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.
An unexpected explosion in the appetite for luxury car purchases after the pandemic hit the UK was a catalyst for significant growth at independent car retailer Auto100.
The Car Group has doubled its footprint with the acquisition of a former Vauxhall Motors premises in Ellesmere Port.
A nest containing live rats and weeds growing from a vehicle’s bodywork were among the discoveries of a Trading Standards investigation into used car retailers.
The Stellantis-owned used car retail business Aramis Group has acquired Cazoo’s Italian operations as the online retailer continues its withdrawal from Europe to focus on cost savings and the UK market.
The Available Car used car supermarket group has warned of “significant challenges ahead” despite delivering a 72% rise in pre-tax profit and 29.8% uplift in turnover in 2021.
Hippo Motor Group have made three new senior appointments to its marketing team.
Cartime chief executive Matt Kay has appointed Revilo Group founder Lee Collins as non-executive chairman as part of a bid to improve efficiency and customer satisfaction.
