Fears are growing among retailers for profitability through the first half of 2024 and beyond, with an increased number (34% versus 31% six months ago) anticipating that profit will be down. The...

LOOKERS MAY NOW CUT 14.5% OF ITS WORKFORCE AVAILABLE CAR IN £7.3m 2022 LOSS GUMSHOE TAKES STAKE IN PENDRAGON OBE FOR TERENCE DONNELLY AUSTRALIA’S LARGEST RETAILER HACKED BUICK NETWORK HALVES AS...

Against a backdrop of low economic growth, high interest rates and high inflation, Graeme Chaplin, Bank of England agent for the West Midlands and Oxfordshire, believes there will be some growth in...

2024 is set to be another year of change as more people in the UK embrace electric cars. Nor is that trend centred only on new BEVs; used models have seen an increase in demand, and residual values...

RETAILERS REACH OUT AFTER LOOKERS REDUNDANCIES STELLANTIS SWITCHES TO COUNTRY-BY COUNTRY EU AGENCY APPROACH RETAILERS LOSING MILLION IN ‘UNNECESSARY’ PRICE CUTS AUTO RETAIL LIVE ADVICE FOR 2024...

As 2023 begins to draw to a close, the used car market finds itself in a complex and somewhat uncomfortable position. Despite the latest drop in the inflation rate, retail demand has dwindled in...

SKODA AGENCY GOES LIVE BMW SUSTAINABILITY CHIEF: ‘DON’T BAN ICE’ LEASING DEMAND FOR EVS FALLS BOWKER BMW MAKES SUNDAY CLOSING PERMANENT WHO’S WHERE 2024 NOW ON SALE VINFAST RECEIVES 70 US...

Uncertainty looms over automotive as a blend of factors continues to shape the future market landscape. Economic pressures mean many potential buyers are postponing purchasing decisions. The...

MIKE ALLEN TO LEAD NEW CAMBRIA INVESTMENT COMPANY STEER AUTOMOTIVE GROUP GEARS UP FOR SALE EV NOT TO BLAME FOR INCHCAPE RETAILER FIRE UK AUTOMOTIVE HIRING ACTIVITY DOWN ROSSITERS SPLITS FROM AC...

HENDY EXPANDS INTO STELLANTIS; PETER VARDY GROWS MG PERRYS REVENUE UP BUT PROFIT FALLS DALE WYATT: AUGUST NEW CAR SALES WILL BE UP 25% LOOKERS’ DUNCAN MCPHEE CONFIRMED FOR AUTO RETAIL LIVE SPOTICAR...

Retailer fears over profitability have eased, with a reduced number (46% versus 57% six months ago) thinking profitability will be down through the rest of 2023, and a growing number (15% versus 5%)...

With the UK looking certain to go into recession in 2022, which the Bank of England forecasts will be prolonged, if shallow, sentiment among retailers over the country’s economic prospects has hit a...

JLR-OWNED DEALERSHIPS PART OF JAGUAR RE-LAUNCH LITHIA COMING SOON TO UK? LAWRENCE HAMILTON TAKES GENESIS TOP JOB CAR BUYERS ‘FEELING THE PINCH’ LOOKERS MERCEDES-BENZ RETAILER TO CLOSE BANK TO STOP...

MYSTERY SURROUNDS PENDRAGON TAKEOVER REJECTION RETAILERS HELP VW FINANCE 100K USED CARS SO FAR MERCEDES-BENZ WARNS ON COUNTERFEIT PARTS BMW SAYS CHIPS ARE DOWN FOR REST OF 2022 CARVANA FOLLOWS CAZOO...

EDDIE HAWTHORN REVEALS ARNOLD CLARK DIGITAL PERFORMANCE PENDRAGON WARNS OF LOOMING RECESSION ONS TO USE AUTO TRADER DATA FOR INFLATION STATS MARSHALL AUDI BECKENHAM ‘SUPER-DEALER’ ONLINE...

CAZOO RETURNS RATE REVEALED IN ANNUAL RESULTS CARZAM ‘RUNNING OUT OF ROAD’ MORE ODEY PARTNERS DEPART US WHOLESALE PRICES FALL AGAIN INCHCAPE BUYS CARIBBEAN’S OLDEST RETAILER MAJOR RETAILERS’...

ARNOLD CLARK TO LOSE TOYOTA FRANCHISES THE SUN: DEALERS OFFERING £10k TO BUY BACK CARS WILLIAMS ROCHDALE IS BMW RETAILER OF THE YEAR CHRONIC WORKER SHORTAGES HITTING UK BUSINESS HEDIN BUYS RENAULT...

EXPLAINED: TODAY’S NEW COVID RULES RON BROOKS CELEBRATES 3.6% RETURN ‘EXCEPTIONAL’ HALFORDS AUTOCENTRES UP 33% RENAULT ACCELERATES EV PLANS – BUT DACIA DELAYED GM LAUNCHES CARBRAVO TO TAKE ON...

Dealer groups have shown a great deal of resilience and flexibility throughout the Covid-19 pandemic, and they can be expected to continue to adapt and work closely with OEMs as the industry evolves....

The UK is in a very interesting place. The pandemic hasn’t hurt the economy as much as some predicted, household debt has been curbed, and departure from Europe didn’t shut down the country. But,...