Retailing
Retailing News
- Former pop stars Cheeky Girls raise profile of car sales career
- MG Motor UK beats 2020 sales in September with 20,000 registrations
- AM webinar: What makes a great regional hero dealer?
- DS seeks concierge mindset from UK dealer staff as it expands reach
- VW ID3 tops European EV sales charts in October
- Citroen MD's plan for collaboration, stronger dealers and fairer prices
- Watch now: September sales analysis in the AM Motor Retail Review webinar
- Retail new car registrations 'stable' as August market declines 5.8% overall
- AM webinar: AM Motor Retail Review. One month out of coronavirus lockdown
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Slower stock turn could win retailers the used car profit race
A rapid rate of stock turn has traditionally been a sure-fire way for car dealerships to maximise their used car profits and forecourt space.
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Profit from private: dealers share the benefits of the new go-to stocking source
Clive Brook Group, Drive Motor Retail, Hendy Group, Inchcape Retail and Jemca Motor Group have all ramped-up their acquisition of private used car stock in 2021.
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Used car retailers will have to 'buy smarter' in competitive 2022 market
Used car prices remain at all-time highs and retailers have been told they will have to "buy smarter" to remain competitive as the trend continues into 2022.
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Supply shortages reduce car brands' desire to offer new car discounts
Discounts on new car retail offers have dropped slightly by 1.9% quarter-on-quarter to £1,672 on average in Q4, according to the latest AM data.
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Available Car CEO believes his car supermarket group can 'get through anything'
When Michael Bell took the chief executive’s chair of the family business, Available Car, in 2019, he could never have anticipated quite the baptism of fire that was coming.
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Habits for a lifetime: which car retail COVID lessons are here to stay?
The coronavirus pandemic accelerated the pace of change in the UK’s motor retail industry and some observers now question whether many of the new habits will stick with consumers when everyday freedoms return.
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Are car retail’s new FCA regulations having the desired effect?
Six months on from the introduction of new Financial Conduct Authority (FCA) regulations, automotive retailers should be starting to see an impact on average commission levels as they adapt to a new way of working.
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Inchcape CEO James Brearley: 'We're in good shape' after car retail restructure
Inchcape UK will reassert its commitment to growth with the creation of an all-new standalone used car sales division and a series of large-scale dealership development projects.
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Unprecedented used car market sees dealer rulebook thrown 'out of the window'
Valuation experts and AM100 retailers have conceded that they do not know when this year’s “unprecedented” used car price rises will end.
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Agency model retail could free-up car dealers to pursue used car growth
Used car retail has long been an area of the market for retailers to show their entrepreneurial flair. But the focus on this area of the business could be even more important in the coming years.
