Sales of used cars declined by 8.5% in the UK last year, new figures show.
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Car dealers make £2.6bn profit in 2021 in “best year for motor trade ever”
The UK’s top 100 most profitable car dealers made a combined £2.6bn in profit in 2021 – a huge increase of £950m compared to 2021.
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‘Sleek’ grey strengthens position as UK’s favourite new car colour
Grey has increased its dominance as the UK’s most popular new car colour as it is seen as “sleek” and has “wider resale appeal”, according to an industry body.
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Pendragon to slash 1,800 jobs and shut 15 car dealerships
Car retailer Pendragon has said it will slash 1,800 jobs and shut 15 of its dealerships.
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Calls for car scrappage scheme to revive the UK industry
The UK Government should consider a car scrappage scheme to help protect the country’s industry, according to several leading car makers.
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UK new car registrations fall by 97% in April
New car registrations in Britain hit their lowest point since the year after World War Two in April, figures from the Society of Motor Manufacturers and Traders (SMMT) reveal.
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Vauxhall Motors Open For Business
Vauxhall Motors has brought together employees across its Retailers, UK Manufacturing sites, Sales, Marketing and Aftersales, to send a personal message to its customers, that they remain there to support them during this challenging time.
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