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.

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Used car values fall by 2.2%

Retail and trade demand is affected by the Coronavirus crisis, according to Cap HPI.

New car sales decline in Europe

New car sales continue to decline reaching a four-year low for the month of February.

Chorley Group offers NHS staff half price repairs and servicing

NHS staff and care workers can take advantage of this offer by contacting their nearest Chorley Group showroom.

Government confirms MOT extension

Vehicle owners will be granted a six-month exemption from MOT testing.

Morrisons and Asda introduce ‘unprecedented’ cuts

Fuel prices fall by 12p per litre for petrol and 8ppl for diesel as the coronavirus Covid-19 crisis continues.

Garages confirmed as essential

Government has confirmed garages, car rental operations & delivery should remain open.

BCA sales to go online from 26 March

All BCA sales will only be accessible through BCA Live Online to protect its customers.

Congestion charge and ULEZ suspended

All road-user charges will be suspended in the capital from today until further notice.

Coronavirus: Car retail suppliers cut fees to offer business support

AA, eBay Motor Group and JudgeService are the latest suppliers to cut fees & offer free services.

Demand for renewable biomethane increases by more 800% since 2017

Demand for Bio-CNG has risen and is set to more than double this year.

What Car? offers free trial of New Car Buying platform

Car retailers & manufacturers are given three months’ free access to the What Car? New Car Buying platform.

Auto Trader drops April fees to support dealers hit by coronavirus

Auto Trader is not charging for its services in April and is deferring March payments by a month.

Coronavirus: TfL cuts tube and bus services

Transport for London (TfL) has closed 40 tube stations and reduced numbers of trains & buses operating within city.

Volkswagen Commercial Vehicles suspends production due to COVID-19

VWCV will shut down factories for 10 days in Germany and Poland from today in response to coronavirus.

Pendragon losses double in 2019

Pendragon pre-tax losses worsened in 2019 to hit £97.7 million, down from £92.2m in 2018.

Motor Trade Radio UK’s only podcast for franchised & independent car dealers

The weekly internet radio show for all things automotive. Catch up with the latest motor trade news, insights & entertainment.

Multi-franchise dealers can benefit from Google My Business service

Dealers can increase search visibility due to a new update to Google’s free Google My Business service.

PSA Group to close European plants due to coronavirus

Closures in France begun with immediate effect and would commence at its Vauxhall Astra-building UK plant.

Manufacturers assessing Covid-19 impact

Lead times and availability of parts for the aftermarket are not impacted by the spread of coronavirus

VisionTrack and Lightfoot new partnership

The new partnership will provide a solution to fleet management and safety challenges.

Automotive businesses anxious over duration of coronavirus

IMA and auto sector express inability to speculate over the economic impact of coronavirus.

The automotive sector reacts to Budget 2020

The limited eligibility of many business benefits could limit the advantages for the automotive retail sector.

Chancellor announces new company car tax rates in Budget 2020

Chancellor Rishi Sunak revealed Budget 2020 with a raft of measures impacting the motor sector.

Petrol and diesel new car ban could start in 2032

The Prime Minister Boris Johnson announced last week he wants to bring the ban forward from 2040 to 2035.

UK dealers were Europe’s fastest used diesel car sellers in 2019

UK sold their stock of diesel vehicles faster than any other market in the continent’s top-5 largest markets in 2019.

UK fleets to invest 12bn in EVs

Fleet investment in EVs will increased by 50% in the next two years.

Hermes to help couriers in self isolation as a result of the coronavirus

The GMB Union has welcomed a £1 million pledge by Hermes to support self-employed workers.

Steven Eagell Group confirms acquisition of 6 car dealerships

4 Toyota and 2 Lexus car dealerships acquired from Vantage Motor Group bringing the total to 29 sites.

Cox Automotive UK expands whole-life vehicle services with significant acquisition

Cox acquires 100% of the share capital of C Walton Ltd, including its three locations in Bruntingthorpe.

March key to car dealers 2020 profitability

A steady start to the year has continued during Feb and sales and profit margins achieved this month are vital.

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