Mervyn Stewart has launched a new Select Used Cars business after £2 million in new funding allowed the business to acquire and redevelop the site of its former Infiniti dealership in Belfast.
The Sytner Group's Carshop operations director Kirk O’Callaghan is set to join Carzam as chief executive ahead of the launch of the digital used car market business.
Used car values showed little sign of an impending “market correction” as prices rose by an average of 0.2% across the sector during August, Cap HPI has reported.
Savings on nearly new 2020-registered cars are putting pressure on new car sales targets for September’s registration plate change.
Car buying platform, YesAuto, has launched its online shop and car information hub, to ‘support customers through every stage of the car buying journey’.
Motorpoint has reported that business at its 13 used car supermarkets has been “comfortably ahead” of 2019 in the period since the COVID-19 lockdown restrictions were eased on June 1.
BCA has introduced a digital click and collect service for auction purchases, to meet the changing needs of customers in the post-Coronavirus market.
Marshall Motor Group has agreed a new, three-year deal with vehicle remarketing provider, Manheim.
Car dealers are adopting new technology to meet new purchasing demands among car buyers, according to the latest research from CarGurus.
Hyundai Motor UK is aiming to boost consumer confidence in pre-owned electric vehicles (EV) as part of its new ‘Hyundai Promise’ approved used car scheme.
The Society of Motor Manufacturers and Traders (SMMT) has revealed that used car sales volumes declined by 48.9% as COVID-19 coronavirus pandemic delivered a “devastating” impact to trading.
Andrew Alderson, the founder and chief executive of independent light commercial vehicle retailer Vanarama, shares insights into his career and his management challenges
Cox Automotive’s monthly Dealer Sentiment Survey has found that more than a third (37%) of UK car dealers are stocking older vehicles in the wake of COVID-19 lockdown.
Used car values at BCA’s auctions remained stable during July as 30% increase in volumes sold at its UK sales are met with strong appetite among retailers.
Vantage Motor Group has further strengthened its part-exchange used car remarketing relationship with Aston Barclay.
The Finance and Leasing Association (FLA) has said that the consumer used car finance sector’s 9% growth by value and 2% by volume drove a market “bounce back” in June.
Car dealers’ used vehicle stock levels have declined by 30% as post-lockdown demand among buyers leaves businesses “grappling” with the challenge of securing fresh product for their forecourts.
Orders placed for new vehicles grew by 12% in July, while used car demand increased by 16%, according to the latest figures from lead management firm Dealerweb.
Motorway is providing free vehicle collection worth up to £500 for new dealers, to celebrate hitting the milestone of £1.6m in daily sales.
Used car prices showed their largest monthly price rise for two years on Auto Trader during July, with values rising 4.6% amid signs that consumer demand is continuing to grow.
