AM-online | Automotive Industry News
WEBEVs lose value twice as fast as ICE vehicles, losing average +£11K in first 3 years. New data highlights the significant depreciation of electric vehicles (EVs) compared to traditional petrol and diesel cars, with electric cars dropping in value by an average of £11,225 over the first three years. Market insight 23 Sep.
Manufacturer insight - new car sales figures - AM-online
WEBNew car sales figures: year to date. The graph below shows the progression of new car sales year-on-year from 2001 to the last full month of the current year. Below the graph is a total annual registrations and the percentage change from year-to-year. This is followed by a breakdown from the SMMT of registrations by sales type, retail, business ...
Carwow launches new car buying website for dealers to source …
WEBJul 12, 2022 — Carwow has launched a new website that allows dealers to find and purchase used cars from consumers, via its Sell Your Car service. The site is built on the foundations of the Autoi / Wizzle platform that Carwow acquired last year.. Dealers can search for stock via new listing cards, which include details on each vehicle and anticipate any costs that may be incurred prior to resale.
Automotive Management - AM-online
WEBLess than two months to go until Automotive Management Live 2024. Automotive Management Live 2024 is set to take place on November 13 at the NEC in Birmingham, offering a comprehensive platform for automotive professionals to explore the latest trends, innovations, and challenges in the industry. AM 20 Sep.
Marshall acquires Heritage Automotive’s Cheltenham and …
WEB25 May 2021. Marshall Motor Group will develop a new dual-franchise Jaguar Land Rover dealership for Cheltenham and Gloucester after acquiring the franchise from Heritage Automotive. The AM100 PLC announced completion of the deal this morning (May 25) and wasted no time in revealing its plans for a new facility under the car manufacturer’s ...
Endeavour Automotive to unite Volvo and Polestar at new North …
WEBFeb 8, 2023 — Endeavour Automotive will unite Volvo and its performance electric vehicle (EV) sister brand Polestar at a new £6 million North London dealership which will also double as its new HQ. AM first reported on plans for the site back in August last year, but with work now underway at the Volvo Cars North …
Peoples Ford ponders new car franchise partners despite record …
WEB3 November 2022. Peoples is considering new car retail franchise partnerships after 24 years solely representing Ford, despite recording the best annual financial results in its 39-year history. Brian Gilda, chairman of the Falkirk-based AM100 car retail group, suggested that the UK’s economic uncertainty, Ford’s shifting business model and ...
Aston Barclay's Donington Park achieves EV accreditation - AM …
WEB9 February 2024. used cars. Auctioneer Aston Barclay has achieved Electric Vehicle Approved (EVA) accreditation for its Donington Park site, the first large UK auction centre to achieve the status. The Electric Vehicle Approved (EVA) scheme has been developed by the National Franchised Dealers Association (NFDA) to recognise suppliers and ...
Cazoo admits it ‘may never achieve profitability’ in new report
WEBMay 6, 2022 — Cazoo has said that it cannot guarantee it will “achieve profit at all” in a newly-published document detailing the potential risks and pitfalls of its online car retail and vehicle subscription model.. The report, issued to the Securities and Exchange Commission (SEC), an independent agency of the US federal government, also detailed the fees paid for nine business acquisitions since its ...
Doors open at Marshall’s ‘monster’ Toyota and Lexus Bristol …
WEBDec 6, 2021 — The doors have officially opened to customers at Marshall Motor Group’s “monster” £12 million Toyota and Lexus dealership in Bristol. Customers were today (December 6) welcomed into the Lexus side of the purpose-built multi-million pound facility on Hayes Way, Cribbs Causeway, Bristol, less than a fortnight after AM revealed that the project was nearing its completion.