Inchcape has announced that its group finance director is resigning from the company. After 16 years with the company, John McConnell has tendered his resignation to return to his native
Log in to read the rest of this article
Inchcape group finance director steps down
Dealer footfall was “steady” in record September
Despite the record level of registrations during the September plate-change, dealers did not experience a significant rise in footfall, according to research by CAP. According to its monthly For Dealers,
Log in to read the rest of this article
Van values take a seasonal jump in September, says BCA
Average light commercial vehicle (LCV) values increased by 1.8% to £5,607 in September month-on-month, reversing a two month decline, according to the latest BCA Commercial Pulse report. Despite rising volumes
Log in to read the rest of this article
CAP reporting no impact on Volkswagen residuals
CAP Automotive has reported that the current issues faced by Volkswagen Group appear to not to have impacted on residual values. Derren Martin, CAP black book editor said: “It really
Log in to read the rest of this article
CAP reports ‘steady’ used car market in September
CAP reported a “steady” used car market in September with average values dipping 0.7% at the 3-year, 60,000 mile point. But it warned that record sales of PCPs could dent
Log in to read the rest of this article
CAP ramps up data to increase used retail pricing accuracy
CAP Automotive is increasing the amount of data is uses to determine used retail pricing as part of an overhaul of its services. The company said it would be ramping
Log in to read the rest of this article
Inchcape opens new BMW and Mini centre in Reading
Inchcape Retail business Cooper Reading BMW and Mini has opened its new retail centre at a special customer launch event with 400 guests. Now the biggest Cooper Retail Centre in the UK,
Log in to read the rest of this article
Inchcape buys Armstrong Massey Land Rover business in York
Inchcape has struck a deal to buy the Land Rover site owned by Armstrong Massey in York, joining its existing Jaguar dealership in the City. Inchcape already represents Land Rover
Log in to read the rest of this article
Manheim raises concern over nearly new van values
Values of nearly new vans are under pressure at auction and failing to meet guide prices. That’s the view of auction house Manheim which said current prices of many nearly
Log in to read the rest of this article
New plate change could paint false picture of car market, Glass’s warns
Valuations expert Glass’s have stated that this month’s plate change is likely to paint a falsely buyant picture of the market. According to the firm’s head of valuations, Rupert Pontin,
Log in to read the rest of this article
Cap predicts fall in used car values in Q4
Cap is predicting a decline in used car values in the final quarter of 2015. It said the fall will be similar to that experienced in Q4 2014 but it
Log in to read the rest of this article
BCA grows webuyanycar UK business by 12% in Q1
BCA is pushing ahead with the expansion of webuyanycar in the UK but has pulled the plug on the business in Germany and the Netherlands. Webuyanycar saw 39,100 cars pump
Log in to read the rest of this article