Car retailers who suffered “significant pain” as a result of a recent slump in used electric vehicle (EV) values could soon be seeking out zero emission forecourt stock once again, according to Cap HPI.
Alphera Financial Services director Alex Royall highlights the importance of affordability checks to offer 'peace of mind' to motor finance customers in this AM opinion article.
A “busier than expected” start to 2023 continued to drive the used car sector’s imbalance between supply and demand – propelling values to a record £18,937 on eBay Motors.
Growing demand for online car buying is boosting revenues for Drivvn, which plans to achieve car sales worth £1 billlon this year.
Independent cosmetic vehicle repairer Smart Repairs has increased its turnover by 38% in the past year, following its expansion to cover the whole of the UK.
Strong demand for Volvo’s XC90 and the Renault Kadjar in January singled the two SUVs out for praise in Dealer Auction’s Retail Margin Monitor analysis as Jaguar Land Rover (JLR) products continued to reign supreme.
Visitor registration for Automechanika Birmingham 2023 is now open, marking the event's return to the UK after a three-year absence.
Manheim Auction Services has raised a further £20,467 for children’s charity Make-A-Wish UK with a special auction of donated vehicles and other items.
AutoProtect Group’s Shine business has become a certified carbon neutral mobile repair network.
Industry consultants at APD, the training and consultancy firm dedicated to the automotive industry, have published a book to guide motor retail managers on maximising the performance of their dealerships.
Motorway has asserted that it has “significant funding reserves” to drive further growth after more than doubling its used car sales revenues to £1.7 billion in 2022.
Heycar has been criticised after making 73 employees redundant as part of a global restructuring process described as being part of a “ruthless” drive to deliver improved profitability.
Julian Wheway has been appointed to the newly created role of chief product officer at Real Time Communications.
Aspiring athletes from the automotive sector are being encouraged to work up a sweat to support Ben by joining the virtual Benathlon Challenge.
Former eDynamix customer account manager Faye Staley has said she "cannot wait to get started" following her promotion to the role of strategic account director.
Increasing numbers of car buyers are ditching notions of brand loyalty in favour of shorter waiting times as the new car market’s stock shortage issues continue – with almost four fifths open to switching makes.
The average price of a used car advertised for sale on Auto Traders has reached a new record high after car retailers started the new year with “real momentum”, it has been claimed.
BCA has entered into consultation with staff over business restructure plans that involve the closure of its vehicle preparation centre closure at Upper Heyford.
Kia UK amplified the voice of its customers and ramped-up online engagement as part of a focus on brand reputation that delivered a 14-fold increase in engagement for its retailers.
Zuto has reported record levels of applications for the weeks following Christmas 2022, with the trend continuing through January 2023.
