News archive

Dealers and remarketing firms need to increase their investment in vehicle reconditioning to ensure older vehicles meet the expected retail standard.

Constellation Automotive’s cinch online used car retail operation has posted a £149 million pre-tax loss in annual financial results for 2021/22.

The average price of a used vehicle advertised for sale on Auto Trader rose for the 33rd consecutive month in December – reaching £18,030.

EMaC has promoted sales development manager John Glancy to the role of national sales manager for Scotland with the aim of growing the company’s footprint north of the border.

The New York Stock Exchange (NYSE) has begun the process of de-listing warrants for online car retailer Cazoo as a result of “abnormally low” price levels.

A serial fraudster who claimed his criminal activity was triggered by PTSD resulting from a four-week kidnap ordeal has been sentenced for stealing £15,000 from a used car retailer.

The UK automotive sector’s skills gap and recession-prompted cost-cutting measures could stall progress in 2023, according to the Institute of the Motor Industry (IMI).

RRG and Norton Way owner Marubeni Auto Investment has completed the acquisition of a majority shareholding in three-site used car supermarket business HPL Motors Group.

Yeovil-based independent workshop TR Autos has recorded a six figure growth in sales since investment in modernising its business management.

As some carmakers see opportunity in manufacturer refurbishment programmes, a consumer survey has found one in two carbuyers would choose a factory-reconditioned used car over current approved used vehicles.

Thatcham Research will lead a project focused on EV collision repair and salvage processes and their impact on insurance claims and associated costs.