Used EVs have been described as ‘spectacular bargains’ after valuations have fallen so much, they have reached near-parity with petrol cars. The Kia e-Niro, Tesla Model 3 and MG5 were all...

GRAVELLS SEES PROFIT ALMOST DOUBLE IN 2023 DIESEL RVs SET TO RISE FORMER VERTU NON-EXEC KEN LEVER JOINS MARSTON’S MOTORPOINT U-TURN IN CUSTOMER ROW AFTER MEDIA EXPOSURE MG AND NIO THREATEN PRICE...

The Chinese advance into the European new car market has surprisingly slowed so far in 2024. Chinese OEMs’ combined penetration in the first third of 2024 is 2.9%, down from the 3.0% achieved in...

CHINESE EV ADVANCE SLOWS … BUT MORE NEW ENTRANTS DUE THIS SUMMER JOHN GROSE AND DICK LOVETT RESULTS RETAILERS ‘REMAIN A CORNERSTONE’ FORD PAUSES EV CERTIFIED RETAILER PROGRAM US RETAILER...

Arnold Clark has acquired Peter Vardy’s Kirkcaldy MG retailer. The site was, until 2021, a Vauxhall franchise, before becoming a Carz retailer, then switching to MG in autumn 2023. All Peter Vardy...

Retail demand for new vehicles slumped in November, falling 5.9% compared with the same month last year. The 60,506 new registrations, down from 64,921 in November 2022, represent a market share of...

Retailers need to sell 23% more cars under an agency model to see equal profitability with the franchised system, according to John O’Hanlon, founder of Waylands. O’Hanlon, speaking at last...

New entrant brands from China and beyond are preparing to gain a firm foothold in the UK, delivering potentially lucrative new opportunities for franchised retailers seeking a fast-growing electric...

The 2023 New Entrants Report is now available to buy following a webinar launch event last week. BYD’s Mark Blundell, Auto Trader’s Ian Plummer and Urban Science’s Chee-Kiang Lim discussed what...

AUTONATION TO LAUNCH NEW BID FOR PENDRAGON? £504m LOOKERS ALPHA AUTO DEAL FINALISED GROUP 1 AUTOMOTIVE UK IN £61.3m PROFIT THOMPSON FIRST MG SUDDENLY CLOSES JOIN AUTO RETAIL LIVE NEW ENTRANTS 2023...

Harrogate’s Just Motor Group has switched from Citroen to MG following Stellantis’ contract termination and offer of renewal on new terms. “It just wasn’t going to be financially viable for...

VINES TURNAROUND CONTINUES WITH £5.7m 2022 PROFIT CITROEN RETAILER MOVES TO MG AFTER STELLANTIS CHANGES NFDA DEALER ATTITUDE SURVEY IN NEW PROVIDER LOOKERS’ DUNCAN McPHEE CONFIRMED FOR AUTO RETAIL...

Retail registrations fell 8.1% in August compared with the same month last year (in what was a supply-constrained market), while at the same time fleet registrations surged over 58%. The result was a...

Hendy Group is to open its first Vauxhall retailer following the asset purchase of the former Eden Vauxhall site in Poole. It has also agreed to sell Vauxhalls in Salisbury and is opening a Peugeot...

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...

After several months of flat or falling numbers, private new vehicle registrations picked up in June, seeing 14.8% growth compared with the same month last year. Having said that, June 2022, in the...

Another surge in fleet registrations saw the UK new car market grow 16.7% in May compared with the same month last year, but retail registrations were down yet again this year, falling 0.5%. And that...

While most of the headlines will inevitably focus on a ninth consecutive month of registrations growth, the garden is not so rosy in the retail end of the market. Struggling to keep ahead of last...

Private new car registrations have started 2023 as they ended 2022, with another fall as the OEMs continue to prioritise fleet over retail. Private registrations finished the month down 4.3% on...

The story of new car registrations in 2022 is a tale of what might have been, with supply constraints leaving increased consumer demand unsatisfied. Heading into the new year, while supply chains are...