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The Financial Conduct Authority (FCA) has opened a consultation in a bid to ban car retailers’ discretionary finance commission model – saving UK car buyers an estimated £165 million a year.

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Renault and Citroen plan network shake-ups

Renault insists it will keep dealer numbers in ‘hub and spoke’ restructure as Citroën predicts market slump of up to 25% will lead to multi-franchise sites

SsangYong Motors UK creates ‘new type of retail offering’ inside M25

​SsangYong Motors UK has said that it is “creating a new type of retail offering” to take its products to potential customers inside the M25, where it is currently under-represented by franchisees.

Dealers will disclose commission under new FCA motor finance plan

The Financial Conduct Authority has considered whether to force car dealers to tell their customers about the way they earn commission from selling motor finance and the amounts they earn.

Keith Brock leaves Wessex Garages, Chris Wiseman is new MD

Keith Brock announced today that he is leaving Wessex Garages after 24 years with the franchised dealer group. Its new managing director is Chris Wiseman.

Car retail groups scaled Sunday Times Top Track 250 rankings

The Trade Centre Group was among the big winners as car retailer operations scaled the latest Sunday Times Top Track to 250 - rising 66-places to 90th.

Sturgess Motor Group sells Volvo Leicester dealership amid 2018 losses

Sturgess Motor Group has completed the sale of its Volvo Car UK franchise in Leicester to TMS Motor Group after revealing a pre-tax loss of £1.26 million in its 2018 annual financial results.

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AM Awards 2020 - 13th February

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Join the 19 sponsors already confirmed at the 2020 AM Awards for unrivalled promotion and exposure to the automotive industry. For information on available categories, opportunities and pricing please contact sheryl.graham@bauermedia.co.uk

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Automotive Management Live

The UK’s leading event for motor retailers. Automotive Management LIVE enables visitors to connect with the full range of suppliers to motor retail, learn and share industry best practice, and discuss how to prepare for the future of motor retail

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Dealers And Manufacturers

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Average dealership profits rose in July to £147, says ASE

July’s trading was just above break-even for the average franchised dealership, according to data from ASE.

The Reading Honda dealership

Marshall gains more Honda sites from Jardine Motors

Marshall Motor Holdings has increased its number of Honda dealerships to eight, becoming the brand's second largest franchisee in the UK.

Cambria Lamborghini dealership

Profits have increased at Cambria Automobiles

Cambria Automobiles reports that its profit per unit in new and used car sales has strengthened during the first 11 months of its financial year.

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Car dealers, manufacturers, suppliers - shouldn't you enter the 2020 AM Awards now?

Entries are now being received for the 2020 AM Awards for the UK motor retail industry, and there are three exciting new categories.