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Finance digitalisation explored in new AM magazine, plus AM Awards winners

The May Issue of AM magazine is here, packed with the latest news on the digital disruptors, insights into motor finance's digitalisation, and the full citations of all the 2022 AM Awards winners.

Big Motoring World appoints former Sytner CEO Laurence Vaughan as executive chairman

Expanding used car supermarket group Big Motoring World has appointed former Styner Group chief executive and chaoirman Laurence Vaughan as its new executive chairman.

Mercedes to drop entry-level models and focus on luxury segments

Mercedes-Benz will refocus its model line-up in high-profit luxury segments, dropping cheaper models.

Dacia UK celebrates key achievements under ‘Renaulution’ strategy

Dacia UK brand director Luke Broad has said that the budget motoring brand has “seized every opportunity” as it celebrates the results of its first year under the ‘Renaulution’ strategy.

Perrys delivers 275% pre-tax profit rise in ‘excellent’ 2021 results

Perrys Motor Sales managing director Darren Ardron has expressed his confidence at tackling the car retail sector’s headwinds after the business posted a 275% pre-tax profit rise from “excellent” 2021 trading.

AM News Show: Mazda UK’s online retail launch and agency model’s imperfect fit

Mazda UK sales director Peter Allibon has discussed the Japanese brand’s challenging launch of online retail, its direct vehicle imports to the UK and agency model retail in a wide-ranging interview with the AM News Show.

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Dealers And Manufacturers

The arrival of the first right-hand-drive Tesla Model 3s to the UK

MG, Audi, Kia, Tesla and Polestar among 2021’s new car registrations winners

MG, Audi, Kia and Polestar featured among 2021’s new car registrations winners as Tesla’s Model 3 ended 2021 as the UK’s second best-selling car with registrations almost three-times that of the next most popular EV.

Roger Penske NADA 100

Sytner and CarShop owner Penske accelerated turnover and profit in 2021

Sytner Group and CarShop owner Penske Automotive has reported a 25% rise in revenues and 127% increase in pre-tax profits in its annual financial results for 2021.

Artist's impression: Kia Bolton showroom's corporate identity upgrade

Kia retailers 'absolutely behind' new dealership CI after record profits in 2021

A new Kia car dealership corporate identity (CI) is set to be applied to the entire UK retail network by the end of 2024 will break cover in Edinburgh and Bolton within weeks.

Online sales: The Care By Volvo vehicle subscription portal

Volvo begins direct-to-consumer used car sales through new online portal

Volvo Car UK has launched a new used car sales platform that will sell its “newest” vehicle stock direct to online car buyers.