5,000 retailers now use the Motorway platform and, to date, it has sold more than 500k cars. CEO Tom Leathes says the success is through following a fundamentally different business model to Cazoo, operating as a marketplace which now handles 5% of all used car sales in the UK. Leathes now wants Motorway to become […]

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Penske, which owns Sytner in the UK, has bought Bill Brown Ford of Michigan, the world’s largest Ford retailer by sales volume. Established in 1941, it will add $550m (£425m) to Penske’s revenue. The Bill Brown name will remain on the business.

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Major new Chinese new entrant brands showcased their product line-up at this year’s Goodwood Festival of Speed – an event which other major OEMs chose to skip. BYD, Denza, Hongqi, Jaecoo and Omoda all had huge stands at the popular annual events, and also took part in live demonstrations up the famous Goodwood hillclimb. Denza and Jaecoo […]

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Remarketing firm Autorola predicts used Diesel values are set to rise on the back of falling new Diesel car sales. Used demand and prices were “very strong” in Q2 and it forecasts the market will eventually reach a tipping point where used Diesels rise in price due to restricted supply.

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Snows Motor Group has taken on the Chinese BYD brand in Basingstoke, joining its BYD Southampton dealership. The new showroom is next to Snows’ existing Peugeot dealership in Aldermaston Road South. BYD models currently available in the UK are Dolphin, Atto 3 and Seal, and are on display. The Seal U DM-i is a plug-in […]

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Arnold Clark has opened a new Motorstore in Chertsey near London. This is on a former Cazoo site. Brand Director at Arnold Clark, Sammy Ali, said: ‘We’re extremely excited to have opened our first Motorstore near London, especially in a location that’s so easily accessible from the M25 and M3 motorways. Our customers can expect […]

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Vertu Motors reported a strong trading performance with car retail sales business up 6.8% for the three months to May for like-for-like. Commercial vehicle and fleet like-for-like had a volume growth of 6.4% while used sales rose 6.7% on a like-for-like basis. The increased volumes included low margin Motability business with margins reduced to 7.4% […]

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Peter Cooper Motor Group, the Southampton-based dealer, will take on Omoda at its Shirley Road site which hosts VW. The dealer previously held an exclusive Ride & Drive event from 29 May to 3 June, ahead of the official launch of the site. The 5 SUV, which is available with petrol or electric powertrains, is […]

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From 1 July, Ford will allow its entire US retailer network to sell electric vehicles. The costly plan divided the firm’s retailer network, with nearly half being prohibited from selling or servicing electric Fords. This will reverse the controversial Model e program that rolled out less than two years ago. “They ought to be embarrassed […]

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Volvo shifts EV production to Europe Volvo is diverting production of Chinese-built EVs to Belgium in expectation of an EU crackdown on “subsidised imports”. A decision from the European Commission on imposing tariffs on Chinese EV imports is anticipated this week.

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