Honda UK has said that it has “no specific plans” to introduce an agency model to its franchised car retail network.

A spokesperson spoke to AM this morning (March 19) in response to reports that the Japanese brand is rolling-out the agency model “globally” in a move that will also bring a reduction in its car dealership footprint.

The spokesperson told AM that that Honda UK “currently have no specific plans to move to an agency model” and added that the brand have “no further reductions planned” over those reported exclusively by AM back in 2019.

AM’s reports revealed that Honda’s plan to cut up to 55 sites 'in next two to three years' were prompted by falling registrations and a desire to achieve improved return on sales (RoS) for its retailers.

This week reports from Australia suggest that similar network restructures are happening across the globe as the brand moves towards an agency model for its franchised retail operations.