News
Dealer Auction sees record-breaking retail margin for third consecutive month
The diesel Land Rover Range Rover Evoque recorded the highest retail margin ever achieved in the sub-£10,000 model category (£4,050) on Dealer Auction’s Retail Margin Monitor. The Evoque also led the chart for models retailing over £10,000, with £5,250. In…
Dacia standalone retailer opens at Pioneer Park in Bristol
Dacia has opened a standalone retailer in Brislington, Bristol, at Pioneer Park. Operated by Retail Renault Group, the new facility features Dacia’s latest brand identity. Luke Broad, managing director of Retail Renault Group said: “Bristol is already an important market…
Used EVs drove forecourt stability in July, says Cazana
Used Electric Vehicles (EVs) drove forecourt stability in July, with 3 year old vehicle values posting no average movement overall, according to Cazana. EVs posted an average price increase of 1.6% at the 3-year mark, marking four consecutive months of…
Bradford car dealer ordered to pay back Covid funds
A Bradford used car dealer has been ordered to repay the Covid funds. Javed Akhtar was handed a confiscation order of £66,917 when he appeared at Bradford Crown Court on Thursday 6 August. According to the Insolvency Service, the 49-year-old…
Aion appoints DHL to provide parts logistics
Aion has appointed DHL Supply Chain to provide aftermarket parts logistics. The partnership will provide nationwide next-day parts distribution. DHL will manage parts storage, inventory management, order fulfilment and distribution through its UK logistics network. The operation launches with more…
RAC reports surge in used electric vehicle warranty sales
RAC Warranty has announced a surge in EV warranty business this year. It said year-to-date sales for used electric vehicle (EV) policies at RAC Warranty have already exceeded the whole of 2025. More than 15,000 EV policies were sold in…
UK car finance market records strongest H1 performance in almost two years
The first half of 2026 marks the UK’s car finance strongest H1 performance in almost two years, according to Solera cap hpi’s Market Eye. A sharp rise in new vehicle lending helped push total agreement volumes close to half…