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Tag: used car sales

Swansway Motor Group sets strategic focus on used car sales

North-west-based motor group Swansway will continue to focus on used car sales in future years as the industry moves towards an agency model. Posting profits...

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Management restructure at Eastern Western Motor Group

The Nissan division of Eastern Western Motor Group has implemented a management restructure, including the appointment of new general managers and service managers. Former service...

New car finance volumes down 3% in October

New car finance volumes dropped by 3% in October year-on-year, according to the latest figures from the Finance and Leasing Association (FLA). The corresponding value...

Driver worries on EV battery lifespan could be holding back demand

Drivers’ concerns about the lifespan of second-hand EV batteries could still be a factor holding back sales of used EVs, according to research by...

SLM Group directors complete postponed MBI

SLM Group’s four directors have completed a management buy-in confirming their commitment to the dealership group and its shareholders. Directors Mark Phillips, Gus Wakeford, Jason...

Tesla Model 3 is eBay Motors’ fastest-selling used car in UK

By Simon Alvarez Posted on September 29, 2023 ...

Fuel for Thought: Too many toys on the shelf

LISTEN TO A PODCAST ON THIS TOPIC WITH S&P GLOBAL MOBILITY EXPERTSWith internal-combustion and battery-electric vehicles vying for showroom space and advertising dollars, peak model complexity will...

Thinking of buying a used EV? Think very, very carefully (NYSE:CVNA)

More new electric vehicles coming to market also means more used EVs for sale.But pricing an EV is nowhere...

‘Winners Take None’ Is A Mantra For Many In The Unicorn Era

When heavily funded startups vie for dominance in a hot, emerging sector, we usually expect at least one will come out on...

EV Market Maturing Quickly as Inventory Rises – The Detroit Bureau

Sales of electric vehicles are pushing up to about 7% of total vehicle sales for the first six months of 2023, rising from about...

Car dealer group Caffyns reports 30% slump in profits

Caffyns, the AM car dealer group based in East Sussex, has blamed a 30% decline in profits on to inflation and higher business rates in its latest...

Buyers reminded dealerships aren’t closing as Volvo launches direct sales

Volvo Car UK is informing consumers of its switch to direct-to-consumer sales in June with a reminder that this doesn't mean Volvo dealerships are...

Used retail price rises continue and EV values start to stabilise, says Auto Trader

Used retail prices have increased by 3.6% year-on-year on a like-for-like basis, according to Auto Trader’s latest data. The company’s latest Retail Price Index, which...

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