Paragon Motor Finance (PMF) has commenced lending on EVs with a new package that’s designed to incentivise consumers to move away from ICE vehicles.
National Franchised Dealers Association (NFDA) concerns about the impact of the agency model and OEMs’ direct sales on the car retail sector have been laid bare in consultation documents published this week.
Electric vehicles (EVs) will remain the prserve of the rich if Government does not introduce a programme of targeted incentives to help potential buyers, Auto Trader has said.
Used cars sold faster in October than in any other month this year, according to eBay Motors Group.
Nearly a third (29%) of electric vehicle (EV) buyers said they would be happy to pay vehicle excise duty (VED) on their next purchase, research has found.
Auto Trader is launching a new Automotive Carbon Literacy Toolkit to help dealers and automotive businesses reduce their carbon footprint.
Used car sales declined 6.2% in Q3 as vehicle supply shortages continue to “undermine” the retail sector, the Society of Motor Manufacturers and Traders (SMMT) has said.
Experts from across the used car industry will share their unique insights on what has been a rollercoaster market over the last 18 months at Automotive Management Live 2021.
New consumer car finance volumes remained up on 2020 in the first nine months of this year despite slumping by over a fifth in September, the Finance and Leasing Association (FLA) has revealed.
Snows Motor Group has added a sixth Peugeot dealership to its franchise portfolio through the acquisition of Hamble Motors of Southampton.
Auto Trader has reported that the average price of a used car has risen by £3,000 since May as the imbalance of consumer demand and vehicle supply shows no sign of abating.
BDO’s newly-published 2021 Motor Salary Survey has shown that vehicle technicians were the biggest wage increase winners in 2021 as the sector’s average pay rose 5% to almost £42,000.
Car buyers’ brand loyalty is “vaporising” in a “pressure cooker” of high demand and stalled new vehicle supplies causing lengthy delivery times, new research shows.
MG, Hyundai and Kia continued to buck the UK’s new car registrations decline with impressive year-on-year growth in October.
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has expressed hopes of a “brighter” 2022 for UK automotive after new car registrations declined by 24.6% in October.
One-in-10 car buyers are ready to complete their purchase wholly online, according to new research from What Car?.
Group 1 UK chief executive Earl J Hesterberg expressed hopes that strong car retail margins would persist for some time to come after recording increased profit and turnover in Q3 2021.
The decline on new cars sales, caused by the coronavirus pandemic and the semiconductor shortage, in the last two years is estimated to have cost the aftersales sector £600 million.
Cox Automotive and Grant Thornton have made their predictions for the automotive retail market as part of its Insight Report for 2021.
Car dealers’ used car stock levels were 9.4% down year-on-year last month and 16.5% down on September 2019, according to data published by Indicata.
