Nine million UK motorists might be ready to make the switch from car ownership to subscription, according to the results of research from Wagonex.
Eden Motor Group is launching a new car subscription mobility service after becoming Karzoom’s retailer partner for the Thames Valley.
Mycardirect is expecting to double its revenues this year as demand for vehicle subscriptions continues to grow.
Outgoing Toyota chief executive Akio Toyoda has admitted “a carmaker is all that I am” as the Japanese carmaker revealed a new CEO to lead its transition to becoming a mobility business.
Brayleys Cars has become the latest AM100 car retail group to strike-up a partnership with Karzoom to offer customers a flexible vehicle subscription mobility offering.
Renault has launched an all-inclusive subscription service for its new Megane E-Tech electric vehicle (EV) – with prices starting at £599 per month.
Professor Jim Saker reflects on a need to focus on automotive retail's opportunties to see the "bright side" of the current economic gloom in his latest opinion article for AM Magazine.
Perrys Motor Sales has become the latest AM100 car retail group to launch its own online vehicle subscription offering through a partnership with Karzoom – launching its new Flex mobility solution.
The car retail sector’s vehicle supply issues look set to be compounded by a cost-of-motoring crisis and growing moves to discourage car usage across the UK.
A trial rental scheme for e-scooters in London, to help people get about without taking a car, has been extended.
FCA Bank Group has launched a new rental and mobility division called Drivalia to replace Leasys Rent.
Car subscription provider Wagonex has become the recipient of Admiral Group’s first investment from its new venture building business Admiral Pioneer.
Peter Vardy Group has celebrated record annual financial results for a period which it sold its SilverBullet online retail software division and exited the Vauxhall franchise to focus on used car sales.
AAM Group’s Mycardirect vehicle subscription business has celebrated reaching its profitability targets 18 months ahead of schedule as it celebrated two years in business.
Hendy Group has become the first franchised car retailer to offer a new car subscription offering through a partnership with newly relaunched Karzoom.
Motorists have been advised that Government’s target to deliver the widespread roll-out of driverless cars on UK roads from 2025 are “not going to happen”, despite new investment in the technology.
Former ASE chief commercial officer Mike Fazal has left the automotive retail advisory business to go “all-in” with his car subscription business Karzoom.
Stellantis has reported a 17% rise in revenues and 34% profit growth in first-half results which re-state its ambitions to become a “sustainable mobility tech company”.
Car subscription service Onto has raised £49.8m to fund its expansion into Europe next year.
Stellantis’ mobility division Free2move has completed the acquisition of car sharing company Share Now, a joint venture formed by Mercedes-Benz Mobility Group and BMW Group in 2019.
