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Bentley reports record results
- 05/05/2023
- Posted by: Alan Feldberg
- Category: News
Bentley Motors has followed record results in 2022 with its second-best quarterly results at the start of 2023. It recorded operating profits of €216m, an increase of 27% on the same period last year. Overall revenue rose to €882m, up nine per cent from €813m. Return on sales in the first quarter climbed [...] -
Cazoo publishes first quarter results
- 28/04/2023
- Posted by: Alan Feldberg
- Category: News
Independent online car retailer Cazoo has healthy first quarter results for 2023, with 18,679 vehicles sold and revenues of £247m. This represents a decrease of seven per cent and 11% respectively on 2022. Paul Whitehead, chief executive officer, said: “I am very pleased with our performance in the first [...] -
Kia sets new sales records
- 06/04/2023
- Posted by: Alan Feldberg
- Category: News
Kia UK has recorded its biggest ever month and quarter for new car sales, with 19,703 sold in March and 32,255 in the first quarter of 2023. The records reflect Kia’s global success in March, which saw the Korean brand register 278,275 units globally, a 10.9% increase year-on-year. More than 20% (4,068 units) [...] -
BCA unveils customer service solutions
- 22/03/2023
- Posted by: Alan Feldberg
- Category: News
BCA has announced a number of customer service enhancements. Multi-vehicle booking on deliveries have been introduced online to help customers making multiple purchases, introducing efficiencies and ensuring purchased stock arrives as quickly as possible. Up to 10 vehicles can now be booked for delivery in a [...] -
MG Motor celebrates Motor Ombudsman certification
- 03/03/2023
- Posted by: Alan Feldberg
- Category: News
MG Motor UK and its nationwide retail network has secured accreditation to three of the Motor Ombudsman’s Chartered Trading Standards Institute (CTSI)-approved Motor Industry Codes of Practice. It has been accredited to The Motor Ombudsman’s New Car Code, the Codes of Practice for Vehicle Sales, and the Service [...] -
Used car prices still trending upwards
- 20/02/2023
- Posted by: Alan Feldberg
- Category: News
The average price of used cars rose 1.7% year-on-year to £17,880, according to Auto Trader’s Retail Price Index. Although the rate of growth is down significantly from a peak of 32% in April 2022, this current rate is on top of the massive 31.9% increase recorded this time last year. It also marks a [...] -
CitNOW integration enhances video insights
- 08/12/2022
- Posted by: Alan Feldberg
- Category: News
CitNOW has become one of the first official Independent Software Vendors (ISV) available on Salesforce AppExchange. The integration makes CitNOW Sales video functionality and reporting accessible from within the new Salesforce Automotive Cloud app, with CitNOW Workshop to follow soon. All information about [...] -
SalvageMarket subscriber numbers surge
- 24/11/2022
- Posted by: Alan Feldberg
- Category: News
e2e Total Loss Vehicle Management has reported a 25% increase in SalvageMarket’s subscriber base since it was relaunched with improved technology. SalvageMarket is the UK’s premium online salvage auction with thousands of vehicles available through its weekly auctions. Since relaunch three weeks ago, e2e has [...] -
Demand still strong for used cars
- 21/11/2022
- Posted by: Alan Feldberg
- Categories: Featured, News
Latest data from Auto Trader has revealed that used car prices remained stable last month. Average prices actually rose £300 from September to £17,863. Prices have now been neutral or risen for five consecutive months while on a year-on-year and like-for-like basis they are up 5.1% higher than this time last [...] -
HGV sales up nearly a third
- 18/11/2022
- Posted by: Alan Feldberg
- Category: News
New UK heavy goods vehicle (HGV) registrations increased by 30.1% in the third quarter of 2022, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT). The surge saw 10,034 units registered across the three months, demonstrating the best quarterly growth since the third [...]