What Car? magazine has uncovered evidence that car dealers and manufacturers are offering car buyers cash discounts of £16.8 million to attract them into showrooms.
JudgeService has urged dealers to focus on improving customer satisfaction and attention to detail to help drive stock turn and avoid “book” drops.
The Finance and Leasing Association (FLA) has revealed that new business in the point of sale (POS) consumer new car finance market fell 2% by value and 7% by volume in April.
Auto Trader’s annual turnover rose 8% to £355.1 million in 2018 as its grew its average profit per retailer forecourt by 9% to £1,844.
Vauxhall is taking customer reservations for its new all-electric Corsa-e EV, with a £500 deposit securing one of the first examples to reach UK showrooms.
Lookers has joined the London EV Company’s (LEVC) taxi retail network with the opening of a new dealership in Stockport.
New car registrations dipped further into decline as the Society of Motor Manufacturers and Traders (SMMT) recorded a further 4.6% fall during May – leaving the UK’s total sales 3.1% down year-to-date.
Vauxhall is offering car buyers a minimum £4,000 guaranteed scrappage allowance or £3,000 extra part-exchange value as part of its new scrappage-style Trade-Up sales campaign.
Sytner Group has revealed that construction work has finished on its £6.5 million flagship Mercedes-Benz showroom and workshop at Kingmoor Park in Carlisle.
Fleet sales’ 2.9% flurry offsets worrying decline in retail new car registrations as Brexit puts off non-corporate customers
Europe’s new car registrations in April matched 2018’s record high for the month as petrol and electric vehicles (EVs) mitigated the effects of declining demand for diesel.
Islington Motor Group has been awarded with Citroen UK’s Golden Chevron award in recognition of an “outstanding turnaround” as part of the brand’s dealer improvement programme.
In March 2019 the Tesla Model 3 – the mid-sized all-electric saloon, with over 250 miles of range, and available from under £400 per month – outsold all alternatives across Europe.
Facebook is proving to be a “valuable tool for dealers” as a recent study showed 44% of potential buyers discovered new cars through its apps, Dragon2000 revealed.
Ssangyong Motor UK has celebrated the addition of 10 new dealerships in just six months as part of a “dramatic transformation over the past year”.
JCT600 is celebrating a record set of annual financial results for 2018 after the car retail group’s turnover rose 2% to £1.28 billion and profits held flat in what was described as a “challenging year”.
Cambria Automobiles has opened the doors to its new Aston Martin dealership in Hatfield to complete its relocation from a temporary showroom at Welwyn.
SsangYong Motors UK has expanded its franchised retail network into Whitley Bay with the opening of a new dealership operated by Oakwood Specialist Cars.
Similarly to the holiday industry, the retail banking industry has changed considerably in the last 15 years to provide lots of services available digitally to consumers at their convenience.
The National Franchised Dealers Association (NFDA) has launched the Electric Vehicle Approved (EVA) scheme to certify retailers’ excellence in the electric vehicle sector.
A study measuring the impact buying a car can have on stress levels by Confused.com has revealed that it causes more anxiety than job interviews.
CCR Motor Company’s Mitsubishi Motor in the UK dealership in Bristol claimed the Japanese brand’s dealer of the year award at an event to celebrate success across its retail network.
Work has begun on a multi-million pound relocation for Stoneacre Motor Group Sheffield, which will hold an expanded showroom and a larger used car display.
European car retailers are already experimenting with Mobility as a Service (MaaS) solutions and UK retailers should be staking their own claim, according to Automotive Retail Congress speaker Giuseppe Marotta.
The Finance and Leasing Association (FLA) has revealed that the point of sale (POS) consumer car finance market fell 1% by volume in March, compared with the same month in 2018.
