AutoEngage

Alpha Auto Group (AAG) acquires Lookers in £465.4m deal, marking their entry into the UK market. Exciting developments in the auto retail industry. source http://autoengage.co.uk/home-page-6165/b/canadian-car-dealer-group-alpha-auto-group-acquires-lookers-in-4654m-deal

Opinions divided on Mercedes' haggle-free approach: Car Dealer News highlights contrasting views on agency model. source http://autoengage.co.uk/home-page-6165/b/-mixed-opinions-on-mercedes-benzs-haggle-free-selling-approach-car-dealer-news-summary

How Cazoo and Cinch disrupted the used car industry, according to Neil Smith. (Car Dealer News, cardealermagazine.co.uk) source http://autoengage.co.uk/home-page-6165/b/impact-of-cazoo-and-cinch-on-the-used-car-industry-according-to-neil-smith

"Motorpoint suffers losses, faces overvaluation claims, and re-evaluates growth strategy amidst challenges." source http://autoengage.co.uk/home-page-6165/b/motorpoint-faces-financial-turbulence-shares-deemed-overvalued-amid-predicted-losses

"Motorpoint navigates tough year with strategic investments, despite stock issues and EV depreciation." source http://autoengage.co.uk/home-page-6165/b/motorpoint-reports-03m-pre-tax-loss-amid-ev-depreciation-and-stock-shortages-despite-rising-revenue-and-strategic-growth-a-comprehensive-review

Seismic shift in car sales: UK dealers navigate agency model, explore used cars to diversify revenue & overcome challenges. source http://autoengage.co.uk/home-page-6165/b/seismic-shift-in-new-car-sales-prompts-dealers-to-explore-used-car-market

Discovery Sport leads UK used car dealers' profit chart in May 2023, followed by Mazda CX-5 as the fastest seller. source http://autoengage.co.uk/home-page-9252-9795-4532/b/land-rovers-discovery-sport-tops-profit-chart-for-uk-used-car-dealers-in-may-2023

"Motorpoint navigates tough year with strategic investments, despite stock issues and EV depreciation." source http://autoengage.co.uk/home-page-9252-9795-4532/b/motorpoint-reports-03m-pre-tax-loss-amid-ev-depreciation-and-stock-shortages-despite-rising-revenue-and-strategic-growth-a-comprehensive-review

Seismic shift in car sales: UK dealers navigate agency model, explore used cars to diversify revenue & overcome challenges. source http://autoengage.co.uk/home-page-9252-9795-4532/b/seismic-shift-in-new-car-sales-prompts-dealers-to-explore-used-car-market

New car registrations rise 16.7% in May, driven by fleet sales. EVs show significant growth, but concerns over charging infrastructure persist. source http://autoengage.co.uk/home-page-9252-9795-4532/b/new-car-registrations-rise-by-167-in-may-fueled-by-fleet-sales

Used Tesla Model 3 and Model X prices rebound as values hit the bottom, says Car Dealer News. Recovery in EV market observed. source http://autoengage.co.uk/home-page-9252-9795-4532/b/used-tesla-model-3-and-model-x-prices-show-signs-of-recovery-in-the-used-car-market-reports-car-dealer-news

Customers prefer an omni-channel approach in car buying, says Auto Trader. Digital and physical elements are key. [100 characters] source http://autoengage.co.uk/home-page-9252-9795-4532/b/auto-trader-highlights-the-importance-of-omni-channel-approach-in-the-car-buying-process

"UK used car sales surge in May '23, with SUVs leading amidst new car shortages, according to a report." source http://autoengage.co.uk/home-page-9252-9795-4532/b/-used-car-market-thrives-amid-new-car-shortages-fastest-selling-vehicles-identified-in-recent-uk-motor-trade-report

Electric cars face significant depreciation in the used car market, losing up to 40% of their value in 6 months - Car Dealer News. source http://autoengage.co.uk/home-page-6165/b/electric-cars-experience-significant-depreciation-in-the-used-car-market-according-to-car-dealer-news

Customers prefer an omni-channel approach in car buying, says Auto Trader. Digital and physical elements are key. [100 characters] source http://autoengage.co.uk/home-page-6165/b/auto-trader-highlights-the-importance-of-omni-channel-approach-in-the-car-buying-process

"UK used car sales surge in May '23, with SUVs leading amidst new car shortages, according to a report." source http://autoengage.co.uk/home-page-6165/b/-used-car-market-thrives-amid-new-car-shortages-fastest-selling-vehicles-identified-in-recent-uk-motor-trade-report

"UK used car sales surge in May '23, with SUVs leading amidst new car shortages, according to a report." source http://autoengage.co.uk/home-page-9252-9795-4532/b/-used-car-market-thrives-amid-new-car-shortages-fastest-selling-vehicles-identified-in-recent-uk-motor-trade-report