Fraser Brown, Managing Director of MotorVise Automotive MotorVise Automotive has highlighted the growing trend of consolidation within the industry after managing a record number of dealership sales since the start of the pandemic. Its specialized brokerage service, subject to strict confidentiality rules, has seen its transactions triple in the lastRead More →

UK new car registrations rose 15.0% in February as 58,994 new cars hit UK roads, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The rise of 7,682 units was from the same month in 2021, when the pandemic shuttered car showrooms across the UK.Read More →

Published: 17:48 February 11, 2022 A Norfolk used car seller has continued to push its business forward despite ‘turbulent business conditions’ during the pandemic, and has expanded into a new showroom. Jacob Freshwater, founder of Fresh Motors in Watton, has been on the road to success since launching his businessRead More →

MAZDA Australia says 2022 is shaping up to be a banner year for local new-car sales as COVID-19-related supply issues and microprocessor shortages ease. Additionally, with Australia nearing the top of all global markets for the Mazda brand, the Japanese brand’s local subsidiary expects the supply of new upcoming SUVsRead More →

The year 2022 has started well, according to the Society of Motor Manufacturers and Traders, which released data showing that 115,087 new cars were registered in January, including 62,300 dealership sales to private buyers. The result is up 27.5% from January 2021, when coronavirus lockdown restrictions still kept showrooms closed,Read More →

Sales of sports utility vehicles (SUVs) and luxury cars have grown by an annual average of 39% in Bangladesh over the past decade as more people, armed with rising incomes, buy more cars. large number. A total of 43,720 units of SUVs and luxury cars, including reconditioned cars, were registeredRead More →

A global shortage of automotive chips has highlighted the problem, prompting the European Union to launch subsidy programs to attract chipmakers to the continent. FRANKFURT: Europe’s auto sector has become too dependent on Asia and other regions for vital components such as semiconductors and battery cells, the outgoing Bosch chairmanRead More →

NEW DELHI: Chip shortages continue to disrupt supplies to the automotive industry. Wholesale shipments to dealers fell 19% in November, as the semiconductor shortage continued to affect vehicle production and subsequent deliveries to dealerships, auto industry body Siam said on Friday. Vehicle shipments amounted to 2.15 lakh units last monthRead More →

Lafayette – The automotive industry continues to feel the effects of the covid-19 pandemic. First it was a shortage of new and rental cars; now used car prices are the last to be affected. Average used car prices have skyrocketed during the pandemic. Apart from continued global supply shortages, HubRead More →

A global supply crisis threatens to derail Germany’s economic recovery, with the country’s auto industry suffering the biggest drop. Companies from BMW, Siemens AG and Volkswagen are all reporting a lack of supplies of materials, from the most basic wooden pallets to memory chips. Thomas Nuernberger, managing director of salesRead More →

CARY, North Carolina – At least seven companies that operate in the used vehicle industry were included among the Inc. 5000; the prestigious annual ranking of the fastest growing private companies in the country. Two of the highlighted companies provide vehicle transportation services, as the list included ACERTUS and MontwayRead More →