The automotive retail sector’s used car shortages “will stick with us” for some time to come but it is not altogether bad news, Auto Trader commercial director Ian Plummer has told the AM News Show.
V12 Vehicle Finance (V12VF) states that the role of a used car salesman is undergoing transformation.
BCA has said that used vehicle process will “remain very robust for some time to come” after wholesale used car values rose 2.9% to £9,197 in September.
Consumers are shying away from expensive used electric vehicles (EV) amid escalating cost-of-living pressures, according to used car stock management and marketing specialist Indicata.
City Auction Group has expanded its operations with the launch of a new auction site in Peterborough.
Cox Automotive customer insight and strategy director Philip Nothard has warned used car retailers to “remain cautious” as the sector heads into an in certain period of winter trading.
‘High demand’ for petrol and diesel vehicles is continuing to drive the strength of the used car market, according to Cap HPI’s Derren Martin.
In AM's latest '10 Minutes With...' supplier interview Aston Barclay chairman Greg McLeod talks to AM about the automotive remarketing business's growth since acquisition in 2017 and what will come next.
Used cars are getting older, yet prices of diesel, petrol and used hybrids have remained “remarkably” stable over the past 12 months, according to Autorola.
Used car prices rose by 2.17% on Auto Trader as new car supply constraints continued to drive a buoyant market in September.
Independent dealers that partner with WMS group can benefit from enhanced access to used vehicle stock through a new partnership with MOTOM.
Barry Judge has been appointed as chief executive officer (CEO) of eBay Motors Group and Motors.co.uk.
MG Motor UK has become the latest OEM to create a closed digital network on Dealer Auction, the online marketplace for used vehicles.
The cost-of-living crisis is forcing families to sell their cars, according to Starline’s October Used Car Tracker.
Used car supermarkets and franchised retailers responded to September’s sector stability to increase the value of their advertised vehicle stock by 1.5% and 1%, respectively.
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.
Auto Trader is preparing to roll-out its used car valuations data to all its car retail customers as part of efforts to help them adapt to the “unpredictability” of the current trading climate.
Car buyers researching their next vehicle purchase on Parkers have gained access to 80,000 used car listings as part of a new partnership with heycar.
Motorpoint officially opens the doors to its new used car supermarket site in Edinburgh today (September 30) – its 18th retail location in a growing network.
Online fraudsters used headshots of a Hollywood actor and a Financial Times reporter to build a car retail website to scam car buyers out of thousands of pounds.
