Shoreham Vehicle Auctions (SVA) has called for south coast used vehicle dealers to donate any unwanted running vehicles or part-exchanges to its charity auction for The Chestnut Tree House.
Millennials are the most likely car buying age group to have their purchase effected by the uncertainty surrounding Brexit, with many opting for cheaper used cars
Cox Automotive has reported 6.3% increase in used car volumes coming through Manheim auction sites during October as retailers battled for stock amid new vehicle supply shortages.
Auto Trader has reported a 7% increase in revenues and a 10% rise in operating profits in its half-year financial results for the six months to September 30.
Aston Barclay raised £1,400 for the Royal British Legion in a Remembrance Day sale at Donnington Park.
Accountancy firm MHA MacIntyre Hudson will refer its motor sector clients and network to Cazana for vehicle valuation services.
Car sharing marketplace Turo claims to have launched the “Airbnb of cars” in the UK and claims it will help UK car owners earn more than £6,000 a year from their idle vehicles.
A choking of new vehicle supply to dealers’ showrooms triggered by the September introduction of WLTP will continue to drive a buoyant used car market into 2019, according to Cazana.
BCA has attributed a 1% slip in used car values during October to a shift in model mix amid increased volumes of ex-fleet and dealer part-exchange vehicles at auction during the month.
Lookers has reported growth in its used car and aftersales operations as new car volumes and turnover declined in-line with the market during the period to September 30.
Inchcape UK’s first Used Car Centre has moved to its permanent location in Burton-upon-Trent.
Car retailers still have a chance to join a rush of over 1,000 automotive retail sector representatives expected to attend Automotive Management Live 2018 at the NEC in Birmingham tomorrow (November 8).
Nextgear Capital has said that a used car stock funding is poised for further growth as dealers look to “boost their buying power” amid rising values and a rush for stock.
London Fire Brigade dispatched 125 firefighters to tackle a blaze at the Imperial Cars supercar showroom in Romford.
Manheim has won a new contract with ALD Automotive to support its digital sales channels.
Used car sales increased by 7.8% in October against the same month last year.
Swansway Group has renewed its contract with BCA in an exclusive, two-year remarketing deal that will see it handle more than 7,000 vehicles a year.
Epyx is developing an enhanced version of its Auto Pricing tool, due to increasing demand.
Hyundai Motor UK is extending its existing £250 excess return offer to its retail Approved Used Car Programme from October 15, 2018.
Changing appetites towards risk in unsecured lending could open opportunities for used car dealers in a £58bn market.
