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Making sense of February’s used-car retail prices

Auto Remarketing

There was some year-over-year easing in retail used-car prices last month, according to the latest CARFAX Used Car Index report , which showed declines in six of the seven segments included in its analysis. Holdout buyers with hopes of returning to a market resembling the pre-COVID era are being greeted with mixed results.

Retail 66
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Dacia surprised as "super pragmatic" UK buyers turn backs on LPG

Autocar

Dacia had sold just over 1000 bi-fuel versions of the Duster and Sandero by the end of October LPG pump network in Britain is only a quarter of what it was at its peak Dacia CEO Denis le Vot is surprised that low-cost LPG fuel is not more popular in the UK as British buyers are "meant to be super pragmatic".

Buyer 116
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Inchcape UK retail business in play with approaches from buyers

Motor Trader

Inchcape today confirmed that it had received a number of approaches from companies who want to buy the UK retail business. This story continues at Inchcape UK retail business in play with approaches from buyers Or just read more coverage at Motor Trader

Retail 111
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Autofinity launches new tool to aggregate vendor stock

Motor Trader

Autofinity has launched ViSOURCE, a tool to aggregate wholesale vendor stock and information to provide buyers with an extensive view of the used car market. ViHUB enables automotive retailers to pool vehicle data, automatically populate online marketplaces and manage stock with up-to-date inventory details.

Retail 105
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Personalize the Car Buyer Experience for Bigger Results

AutoDealer Today

Digital retailing can improve customer experience and make it easier and faster to complete a sale, but digital retailing provides another benefit to dealers and car buyers alike. Fewer dealers than ever view digital retailing as a barrier to forming personal connections with buyers. It builds connections.

Buyer 130
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Higher prices and limited options push car buyers from new to used

Autocar

These are the models we can sell to private, retail customers. The dealership, founded 80 years ago, currently holds the MG franchise but will soon quit it due to declining retail sales. According to the trade body, sales of new cars to private buyers fell 12.9% Once we had as many as 30 but now we’re down to five.

Buyer 145
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Euro Carmakers Spending Millions To Keep Chinese Dealers Afloat As Sales Tank

Carscoops

A new price war in the country has led to unsustainable heavy discounting that’s putting retailers into the red. European carmakers have been making bank in China for years, but now the profit stream has turned to a trickle, and no one knows this better than the retailers struggling to shift metal.

Retail 111