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Showing posts from May, 2023

Petition Against Extending First MOT Period Gains Over 10,000 Signatures, Raising Concerns in the Motor Trade Industry

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A petition launched by a campaign group consisting of the Independent Garage Association, National Tyre Distributors Association, and Scottish Motor Trade Association has received over 10,000 signatures, urging the UK government not to extend the period before a vehicle's first MOT to four years. source http://autoengage.co.uk/home-page-9252-9795-4532/b/petition-against-extending-first-mot-period-gains-over-10000-signatures-raising-concerns-in-the-motor-trade-industry

Cazoo in Talks to Restructure $630m Debt with Bond Holders, Amidst Financial Challenges

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Cazoo, the used car dealer, engages in debt restructuring talks amid financial challenges. Market cap drops, strategic plans underway. source http://autoengage.co.uk/home-page-9252-9795-4532/b/cazoo-in-talks-to-restructure-630m-debt-with-bond-holders-amidst-financial-challenges

UK's Top 200 Dealers Witness Decline in Used Car Sales, New Figures Reveal

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UK's Top 200 dealers experience decline in used car sales, as per new figures from CarCondor.co.uk. source http://autoengage.co.uk/home-page-9252-9795-4532/b/uks-top-200-dealers-witness-decline-in-used-car-sales-new-figures-reveal

Vauxhall Astra Emerges as the UK's Most 'Clocked' Used Car, Says Carvertical Report

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Carvertical reveals Vauxhall Astra as UK's most 'clocked' used car, with 1 in 7 showing false mileage. source http://autoengage.co.uk/home-page-9252-9795-4532/b/vauxhall-astra-emerges-as-the-uks-most-clocked-used-car-says-carvertical-report

Average Used EV Prices Drop by Over £4,500 Despite Healthy Second-Hand Market

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Used EV prices drop £4.5k despite strong market; average used car prices rise 3.6% to £17,946. source http://autoengage.co.uk/home-page-9252-9795-4532/b/average-used-ev-prices-drop-by-over-4500-despite-healthy-second-hand-market

Cazoo Concludes Sale of German Car Subscription Business, Exiting EU Market

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Cazoo sells German car subscription business, exits EU market, faces declining share price and challenges. source http://autoengage.co.uk/home-page-9252-9795-4532/b/cazoo-concludes-sale-of-german-car-subscription-business-exiting-eu-market

John Holland Sales Offers Rare Bentley Mulsanne Believed to Have Royal Connections

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Rare Bentley Mulsanne, believed used by the King, on sale at John Holland Sales. Dark Sapphire color, £74,900. Auto Trader's exceptional find. source http://autoengage.co.uk/home-page-9252-9795-4532/b/john-holland-sales-offers-rare-bentley-mulsanne-believed-to-have-royal-connections

Scammers Develop New Tactics with Fake Online Auction Website Targeting Used Car Buyers

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Scammers target used car buyers with fake auction website, using stolen content and convincing tactics. source http://autoengage.co.uk/home-page-9252-9795-4532/b/scammers-develop-new-tactics-with-fake-online-auction-website-targeting-used-car-buyers