In this week’s Car Dealer Briefing James Baggott rounds up the motor trade news you cannot afford to miss.
Innovative new trading platform Dealerway has launched an exclusive WhatsApp group for used car buyers.
June saw battery-electric vehicles account for nearly a quarter (24.8%) of new car registrations, according to the latest figures from the SMMT. The new
Former Lookers director Nigel McMinn has snapped up a majority shareholding in automotive recruitment company Pybus.
Volvo owner Geely Auto is to launch as a standalone brand in the UK with a new electric SUV expected to arrive later this year.
Hyundai has accused one of its own dealer partners of publishing ‘factual inaccuracies’ after the brand terminated one of its sites.
Lender V12 is to pull out of the motor finance industry after parent company Secure Trust Bank decided to withdraw funding.
Arnold Clark saw chunky rises in revenue and pre-tax profit last year, but warned that its finances will be clobbered by £30m thanks to tax increases announced in the Autumn Budget.
The used car market remained stable in June with prices flatlining for the third month in a row.
Supercar dealer Tom Hartley Jnr has been chosen to sell one of the largest McLaren collections in the world, following the death of a motorsport icon.
Family-run dealer group Wilmoths says ‘every effort is being made to minimise disruption’ after the firm took the decision to close a long-serving Citroen dealership.
All Electric Garages Group is swapping Hyundai for BYD at its Stourbridge car dealership, after the site was terminated by the South Korean brand.
Dealer Auction has extended its remarketing contract with MG until 2027 in a deal which will see a ‘significant uplift in volumes’.
Renault has strengthened its in-house dealer group after completing a deal to acquire former retail partner, Carco.
Lotus has pledged it to continue building cars in the UK after meeting with the business secretary, amid reports the carmaker was to close its operations in Norfolk.
