Manufacturer insight - Page 56
All articles
NFDA airs fears of agency model and OEM control in block exemption consultation
National Franchised Dealers Association (NFDA) concerns about the impact of the agency model and OEMs’ direct sales on the car retail sector have been laid bare in consultation documents published this week.
Luscombe Motors continues to ‘exceed expectations’ after record 2020 profits
Luscombe Motors managing director Robin Luscombe is living a car sales “dream” after record 2020 financial results were followed by the sale of 280 MG electric vehicles (EV) in a single week.
SMMT hopes for ‘brighter’ 2022 after 24.6% October new car registrations dip
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has expressed hopes of a “brighter” 2022 for UK automotive after new car registrations declined by 24.6% in October.
Car retail must put customers first amid semiconductor challenges, opinion
The consequences of the global pandemic have been profound. Like many other sectors, large swathes of the automotive industry had to scale back or even stop production in the early stages of COVID-19, with a gradual reopening as restrictions eased during 2020.
Tesla’s profits show ‘nimble’ approach to managing semiconductor shortages
Tesla’s record quarterly net profit of $1.6billion (£1.16bn) suggests the electric vehicle (EV) manufacturer has been ‘nimble’ in its approach to managing semiconductor shortages, it has been claimed.