Consumers looking to buy a 69-plate electric vehicle (EV) in September could be scuppered by a shortage of vehicles entering the market – leading to greater demand for used EVs.
Skoda dealers now have access to a new remarketing platform which the brand hopes will enable them to dispose of their unwanted trade-ins or overage stock more effectively.
The point of sale (POS) car finance market posted year-on-year declines of 3% by volume and 2% by value across both new and used car sectors during June, according to the Finance and Leasing Association (FLA).
Used car sales slowed in the UK’s car supermarkets as franchised retailers' growing stock levels sped-up their stock turn during July, according to the latest data from Motors.co.uk.
Manheim has launched a QuickList Imagery used car imaging offer in a bid to help speed-up retailers’ online marketing efforts.
Close Brothers Motor Finance’s director of sales Sean Kemple has compiled his top five tips for car dealers looking to embark on a search for hybrid, plug-in hybrid and electric vehicle (EV) forecourt stock.
Cazoo has followed its recent pre-launch recruitment drive with a move to secure tenancy in a new 17,500 square foot head office in Euston, London.
The Mercedes-Benz A Class hatchback disrupted the recent dominance of SUVs in Indicata’s monthly fastest-selling cars rankings during July.
Cox Automotive has reaffirmed its full year forecast of 7.8 million used car transactions in 2019 following the release of Q2 figures from the SMMT.
The average asking price of a used car advertised via Auto Trader rose by 2.76% during July but the online marketplace said that the rate of value growth had declined for the first time since August 2012.
The UK’s used car market has started to show signs of a slow down as volumes dropped by 2.8% in Q2 this year to 2.03 million.
A study of vehicle mileage data from one million cars has found that 6.5% of vehicles in the UK could have been clocked.
Conversion rates are expected to increase at the UK’s car auctions during August as the number of used cars entering the market struggles to meet the demand from car dealers.
Premier Cars, an independent dealer in Essex, has relocated to a new 180-car garage in Aveley after securing a seven-figure commercial mortgage from HSBC UK.
Car retailers recorded an average decline in profit of 31.7% during June as the average sum earned declined by £13,000 to £28,000 during the month, ASE has reported.
July 2019 brought with it much discussion around the decline in used car performance despite a level of decline which will remain a moot point.
Independent used car supermarket owner James McConville has said that the search for larger premises is the biggest challenge he currently faces as he seeks expansion for his Solo Cars business.
Used car values have dropped by a record 2.2% decline for July as the large executive and luxury executive cars fell out of favour with car buyers, Cap HPI has reported.
Petrol powered vehicles dominated Indicata's monthly rankings of the UK's fastest-selling used cars during June.
Used diesels are selling faster than their petrol equivalents, despite campaigns to shift buyers away from the fuel.
