AUTO RETAILERS POST GLOWING 2021 RESULTS TOP RETAILERS ‘MAKE £700m AND KEEP FURLOUGH FUNDS’ AUTO TRADER VALUATION DATA NOW FREE FOR ALL RETAILERS AUTO RETAIL LIVE TO DISSECT CHINA’S NEW...

Lookers boss Mark Raban is “proud and delighted” to have repaid £4.1m of furlough support as profits hit record levels. The retailer posted pre-tax profit of £90m for the year ended December...

With furlough over and the lifeline of the Coronavirus Job Retention Scheme ended, HMRC has now turned its focus, as expected, to the numerous CJRS claims. And the common employment structures in the...

DO AGENCY AGREEMENTS BREAK EU ANTITRUST RULES? LOOKERS REPAYS FURLOUGH – BUT NOT BUSINESS RATES TOOMEY PROFIT DOUBLES WOMEN NETWORK ‘GROW’ LAUNCHED TO HELP RETAILERS CARVANA CONSUMER...

LOOKERS TO FOCUS ON OLDER CAR SERVICING ANDY GOSS: ‘DON’T FIGHT CHANGE’ RETAILERS A RARE HIGHLIGHT FOR ASTON MARTIN GOOGLE REVEALS CARVANA SECRETS HONDA AUSTRALIA CELEBRATES AGENCY MODEL COVID...

  ARNOLD CLARK PROFIT SWELLS CINCH AND PARK’S FOOTBALL NAMING ROW IN COURT FORAY LOSS, PERRYS PROFIT CARSHOP CREATES 25 JOBS ON AUTOWORLD SITE SONIC BUYS RFJ AUTO FOR $700m US CONSIDERS ‘COLD...

The global Covid-19 pandemic has brought many challenges to the automotive industry, and there’s not a clear end in sight, especially when it comes to the supply chain. The end of furlough and an...

With slimmed down auto retail businesses having removed costs, the end of furlough and the associated government support is not to be feared, and even in the event of another lockdown any losses that...

  OEMs STRIP CARS TO BEAT CHIP SHORTAGE TOYOTA BOOSTS CUSTOMER WEBSITE ACCESSIBILITY SUMMIT GARAGE DOUBLES MERCEDES-BENZ RETAIL GROUP DIRECTORS DEPART SOARING USED PRICES ‘WILL NOT RISK...

  FURLOUGH BOOSTS JOHN CLARK PROFIT SYTNER PORTSMOUTH PLANS FACE VOTE AUTO TRADER CAR FINANCE FIRM EXPANDS AGAIN COLOUR CODED COVID LANYARDS FOR STAFF SALVAGE CAR DEMAND AND PRICES UP AUTONATION,...

UK consumer confidence has returned to pre-pandemic levels in Q2 2021, rising by two percentage points from the previous quarter, according to the latest Deloitte Consumer Tracker. Confidence is at...

  FORD RETAIL PROFIT TURNS TO LOSS MARSHALL, CAMBRIA, LUSCOMBE AND EBAY IN AUTO RETAIL LIVE HANDOVERS TO BECOME ‘WHITE GLOVE’ EVENTS SYTNER TARGETS DERBY EXPANSION MOTORPOINT SITE ACQUIRED...

  NEW CAR SALES TO JUMP – BUT POST-LOCKDOWN BOOM ‘UNLIKELY’ DS PILOTS NEW AFTERSALES NETWORK ‘MOST RETAILERS WERE PROFITABLE IN 2020’ CAZOO ‘THE CARVANA OF EUROPE’ NFDA TO ADVISE ON...

Halfords will pay back £10.7m in furlough income – but is still on track for a full year profit of £90m to £100m. This would see profits double in a year and is a turnaround from its July 2020...

Rishi Sunak has delivered his much-anticipated Budget with a clear focus on continuing support “to see us through”, repairing the damage caused by the pandemic and building a strong economy. For...

  CAZOO EYES £5bn IPO AUTO RETAIL IN LOCKDOWN: LISTERS TOYOTA INCHCAPE RETAIL LOSES £7.6m IS ‘NO JAB, NO JOB’ LEGAL? DVLA BALLOTS FOR STRIKE HOPES FOR EU RECOVERY STALL DETROIT RETAILERS...

  TIER 4: SHOWROOMS TO CLOSE, AGAIN FINANCE BUYERS TOLD TO ‘WAIT AND SAVE’ LOOKERS FAILS TO HIT 2020 INTERIMS DEADLINE PORSCHE EXPANDS EU ONLINE SALES FORMER AUTONATION CEO REJOINS JM FAMILY...

The spring lockdown proved a catalyst for changes in dealerships that have improved processes and overall business efficiency outcomes. But the second lockdown might be one crisis too many for some...

  AUTO INDUSTRY SLAMS LOCKDOWN DECISION LLOYD PROFIT FALLS 24% IGA SHORTLISTED FOR COVID CHAMPION AWARD AUTO RETAIL LIVE TO DISCUSS LOCKDOWN FRENCH RETAILER LOCKDOWN BLOW GROUP 1’S HESTERBERG:...

Late summer might have yielded a bumper crop of sales for many dealers, driven by pent-up demand from lockdown, but the hard graft of autumn will soon commence. And there are challenges on all fronts....