Industry News

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

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

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.

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

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.

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

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

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

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

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

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

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.

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

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

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

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

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

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

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

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

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

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

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

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

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.

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.

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

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

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

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