Genesis Motor Europe is said to be a “product-launch fantasy” ahead of its official launch in the UK on May 4.
Almost two-thirds of car buyers would be open to buying a car without a test drive if the dealer offered a 14-day money back guarantee, according to new research from Auto Trader.
BMW is set to temporarily close its Plant Oxford Mini production line after the premium car manufacturer becomes the latest casualty of a global shortage of semiconductor microchips.
Used car prices at auction have risen by up to 8% in the last two weeks since showrooms were able to re-open.
Car manufacturers have told the Society of Motor Manufacturers and Traders (SMMT) that their COVID-19 recovery will take “at least six months” in the UK.
Swansway Group has reported record profitability and growth in its car and van sales volumes in annual financial results detailing its performance during a COVID-impacted 2020.
Inchcape’s UK car dealership operation showed “relative resilience” in a COVID-impacted ‘Lockdown 3’ as the PLC’s distribution business offset revenue losses from retail, the PLC has reported.
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.
More than two-thirds (71%) of car showroom visitors feel they are safer than the supermarkets that were allowed to remain open throughout the UK’s lockdown periods, a What Car? survey has found.
Volvo is among a group of 27 companies applying pressure to the European Union (EU) to introduce a ban on the sale of new petrol and diesel cars by 2025.
BCA has revealed that used car values rose by an average of 15.8% as traders’ stocking demands ramped-up in the week of the April 12 reopening of showrooms in England and Wales.
Cazoo has added Barnado’s deputy chairperson Moni Mannings to its board of directors as it continues to make preparations for its £5 billion public offering on the New York Stock Exchange.
Kwik Fit claims to have launched the ‘Netflix of car maintenance’ in the form of a monthly subscription service covering the cost of new tyres, wheel alignment, MOTs and an annual service.
Electric vehicle (EV) adoption will have to be accelerated still further if the EU is to meet its ‘Green Deal’ of cutting CO2 emissions from cars by 55% by 2030, a whitepaper report has found.
Eight of the 11 dealers appointed by Isuzu UK so far in 2021 have been Mitsubishi franchisees as the brand aims to double its annual pick-up sales amid a series of pick-up segment model withdrawals.
Aston Barclay managing director Martin Potter has said that the success of the remarketing provider’s return to physical auctions after ‘Lockdown 3’ could mean it has to “turn traders away”.
Available Car delivered an all-time record week of sales after its reopened its four used car supermarket sites last week.
Almost a quarter of Brits (23%) see themselves driving an electric vehicle (EV) by 2026, according to research by Volkswagen Financial Services UK (VWFS).
Jaguar Land Rover (JLR) has paused production of its Jaguar XE, XF and F-Type and Land Rover Discovery Sport and Range Rover Evoque due to a shortage of semiconductor computer chips.
A report compiled by Jato Dynamics has laid bare car manufacturers’ ongoing challenges in meeting the EU’s stringent CO2 targets for new cars – despite a 12% drop in average emissions in 2020.
