Pete WithersPeter Smyth, director at Swansway, criticised Cazoo and founder Alex Chesterman in a recent Car Dealer Podcast episode. Smyth claimed Cazoo's model was flawed from the start and criticised Chesterman's approach.
Pete WithersResearch from Motors’ Consumer Insight Panel reveals a rise in used car purchase intentions, with 17.8% of in-market decision-makers planning to buy in the next three months, up from 17% last year.
Pete WithersLand Rover used car models provided the highest profit margins for dealers in April, with an average margin of £4,000, as detailed in Dealer Auction's latest Retail Margin Monitor report.
Pete WithersTesla has recently announced a series of price reductions on several of its models across major global markets, potentially influencing the used electric vehicle (EV) market significantly.