The SMMT has called for “continuity” from the new Conservative Government to help support a robust van sector. “The industry is doing well, business confidence is strong and customers are
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SMMT dismisses ‘unfair subsidy’ charge and calls for more investment in vans
BCA swoops on SMA Vehicle Remarketing
BCA has bought SMA Vehicle Remarketing (SMA), the UK motor auction and services group for £43m, including debts. It is the first major major acquisition made by BCA since it
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Pressure mounts on used car margins
Pressure is mounting on used car margins as dealers contend with higher refurbishment costs for vehicles. Black Book Live Senior Editor, Derren Martin, said older, higher mileage cars will form a
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Dealerweb launches iPad part-exchange appraisal app
Dealerweb has launched a new part exchange appraisal application for iPad. DealerwebPro has been designed to bring a thorough, professional and consistent approach to valuing customer part-exchange vehicles and to
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Car dealer Inchcape continues to win market share in UK says new CEO
The new boss of Inchcape says the company is in a strong position to capitalise on favourable market conditions in the UK – and acknowledged tougher trading in used cars
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Part-exchange values drop but dealer demand still strong for ex-fleet cars, says Manheim
Motor auction group Manheim reports that ex-fleet cars rose in price in April however dealer part-exchanges suffered a drop in value. The month-on-month decline in average part-exchange value by £71
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Volumes of pre-reg cars doubled in lead up to plate change
Volumes of pre-registered cars in the used car market more than doubled in the lead up to the plate change in March. The number of sub-one year old cars in
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Audi used cars were fastest off the forecourt in April
Three Audi variants were the fastest selling used cars in the UK in April. The Audi Q7, A4 Avant and Q5 were the fastest selling cars, according to data obtained
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Dealers single out well prepared used stock
Dealers are less likely to source used stock in need of preparation as stock levels grow, according to Glass’s. Rupert Pontin, Glass’s head of valuations, said vehicle condition had become
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Used van market struggles to shift large volumes of poor stock
The used van market is struggling to shift large volumes of used vans with poor specifications. That’s the view of Glass’s commercial vehicle guide editor George Alexander who said the
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Demand for under two year old cars is weakening “by the day” due to increasing pre-registrations
The number of nearly new cars in the retail market has nearly doubled in the last six months, indicating that manufacturers are pre-registering ever larger numbers, reports Glass’s. According to
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Pre-registrations swell nearly-new volumes
The number of nearly-new cars in the retail market has nearly doubled in the last six months, indicating a rise in pre-registrations warns Glass’s. The firm used its Glass’s Radar
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