Industry News

With so much change currently and predicted to effect the automotive industry over the next few years, access all you need to know about your business area to keep yourself abreast of the latest developments.

You can filter the news feed to reflect your particular area of interest.

Nov 5 2020

October fleet and business registrations a third down from last year

There were 80,523 new cars registered to fleet and business, compared to 83,067 in October 2019.

Nov 5 2020

Gov extends furlough scheme to end of March

Chancellor of the Exchequer Rishi Sunak extended the Government’s Coronavirus Job Retention Scheme (CJRS) to end of March.

Nov 4 2020

BCA to continue online sales and extend collection times during lockdown

BCA is keeping abreast of the fast-changing and evolving government guidance in order to protect its people, customers and suppliers as we move into second lockdown.

Nov 4 2020

CD Auctions to launch dealer-to-dealer platform

CD Auction Group is expanding its digital operations with the launch of a dealer-to-dealer platform.

Nov 3 2020

Aston Barclay to run full digital programme through latest lockdown

Aston Barclay will run a full digital car and van sales programme from Thursday, while all six physical auctions will be shut for physical viewings from Wednesday.

Oct 30 2020

COVID-19 impacting young people’s jobs in automotive, says Drive My Career

Drive My Career survey shows that 42% of respondents aged 16-24 years said their job role has been affected by COVID-19.

Oct 30 2020

Demand still strong for used vans, reports BCA

Demand for used vans still strong in Sept, as BCA reports strongest month on record since lockdown for LCV sales.

Oct 29 2020

Mini to expand EV range with two new SUV’s

Mini will introduce two new fully electric crossover models as part of a realignment of its model range.

Oct 28 2020

Citroen appoints 9 UK retailers as part of new brand strategy

Eurig Druce, Citroën UK’s managing director outlined a plan that will see nine new Citroën Retailer appointments in the next nine months.

Oct 26 2020

EU markets closer to CO2 target as EV registrations increase

Registrations for electrified cars increased by 67% through September to 1.54 million units.

Oct 23 2020

BCA launches new evening online auction programme

BCA continues to extend its online sales programme, with the introduction of a new weekly evening sales event.

Oct 22 2020

SMMT claims ‘no-deal’ Brexit will trigger £2,800 uplift in EV prices

SMMT has said that a ‘no-deal Brexit’ would trigger a £2,800 uplift in EV prices and jeopardise the growing interest in green new cars.

Oct 22 2020

Strong used car margins power Pendragon in Q3

Pendragon turned in a strong performance in Q3 with underlying profit before tax of £27.3m.

Oct 22 2020

Fleet of self-driving vehicles begin trials in Oxford

The first live trials of Project Endeavour’s autonomous vehicle fleet begin in Oxford, bringing deployment of commercial self-driving vehicles one step closer.

Oct 21 2020

BCA begins online consumer sales via cinch platform

BCA transforms its cinch business into an online retail platform, offering more than 4,000 used cars for sale with home delivery.

Oct 20 2020

PSA launches Eurorepar Reliance tyre range

The new tyre family will be available through Groupe PSA’s retail network as part of its Eurorepar aftersales parts programme.

Oct 19 2020

Geotab launches keyless solution to help car sharing fleets

Geotab Keyless aims to allow public, corporate, leasing and government fleets to better analyse,  utilise and reduce their assets.

Oct 19 2020

Auto Trader reports 23rd week of consecutive used car price rises

The sector continued to defy the impact of COVID with values up 8.5% between October 5 and 11.

Oct 16 2020

BMW and Mini launch EV battery recycling solution

The new battery recycling solution will see used electric vehicle (EV) batteries have a second life as mobile power and fast charging units.

Oct 15 2020

More than 1/3 of buyers happy to purchase entirely online

According to the latest research from What Car? 35.15% said they would be comfortable buying their next car entirely online.

Oct 14 2020

Sytner Group reports 36.6% decline in 2019 pre-tax profits

The group reports a 1% decline in revenues and 36.6% decline in pre-tax profits in its 2019 annual financial results.

Oct 14 2020

Motorway offers 50% off incentive to new dealers

Motorway offers car retailers 50% off broker fees on the first two purchases made through the Motorway Pro platform during Oct.

Oct 13 2020

Average used car values rise in September

BCA reports that for the fourth consecutive month average used car values remained above £8,000 in Sept.

Oct 12 2020

Nissan partners with ServCity to help introduce autonomous tech to UK cities

ServCity is made up of partners including Nissan, the Connected Places Catapult, TRL, Hitachi, SBD Automotive & University of Nottingham.

Oct 12 2020

CDK launches Pay By Link contact-free payment solution

Pay By Link is a new contact-free payment solution for dealers that enables customers to pay for cars or services while maintaining social distance.

Oct 12 2020

Electric Vehicle accreditation scheme reopens today

Following the success of EVA’s first year, the Government’s Office for Low Emission Vehicles (OLEV) has renewed its co-sponsorship of the scheme.

Oct 9 2020

Consumer car finance market grew 8% by value in August, reports FLA

Despite the positive movements, new business volumes in the consumer car finance market remains 22% down year-to-date.

Oct 9 2020

Auto Zebra launches in UK to help OEMs sell more cars online

The new business is offering online retail consultancy, live chat management & option for OEMs to outsource online sales management through Auto Zebra.

Oct 8 2020

Motorpoint continues to look into the future with confidence

The Group has successfully recovered combined losses of £3.4m suffered in the COVID-19 lockdown period of April-May.

Oct 7 2020

Auto Trader launches new online learning hub

The new online learning hub Retailer Performance Masterclass (RPM) offers bitesize tutorial videos guiding retailers through the latest in Auto Trader insight.

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