LSH Auto UK has said that Greater Manchester and Birmingham will “reap the economic benefits” of its recent investments as it prepares to open two new Mercedes-Benz dealerships.
Rockar has defended the omni-channel approach to car retail following an announcement by Tesla’s Elon Musk that the brand intends to move its sales entirely online.
SsangYong UK has issued its first-ever volume targets to franchisees as it targets a more “transparent and professional” relationship with its retail partners, managing director Nick Laird has told AM.
Motorline Nissan has announced that it will grow its presence in Reading and throughout Berkshire and Oxfordshire with the build of a new, purpose-built showroom in the town.
Swansway Motor Group is set to invest £3.25 million to expand its Motor Match used car operations into Bolton and Stockport.
Polestar refused to ‘pass judgement’ on the retail strategy of electric vehicle (EV) rival Tesla as it reiterated its plans to partner with traditional franchised car retailers to establish its UK sales offering.
TrustFord has celebrated the opening of its new £2.2m FordStore in Cribbs Causeway, Bristol, following a £2.2 million investment in new facilities and interactive technology for its customers.
February’s new car sales finished 1.4% up year-on-year at 81,969 registrations, as private and business purchases increased, SMMT data shows.
Hyundai Motor UK has opened its largest UK dealership in Croydon as part of the retailers’ rapid expansion.
Mackie Motors has opened a new MG Motor UK franchised dealership in Brechin to become the latest dealer group to join the brand's growing UK retail network.
Vertu Motors chief executive Robert Forrester has said that the group is “well positioned to take full advantage of tougher markets” in a trading update for the AM100 car retail group.
Westover Group has completed a £200,000 investment in its Lexus Poole showroom on West Quay Road.
Europe experienced its fifth consecutive month of new car sales decline during January, but still managed to register the month’s highest volumes for a decade.
Inchcape’s growing profitability from global vehicle distribution were offset by a challenging retail sector during 2018 – with revenues up 3.6% but underlying profit before tax down by 6.5%.
Hendy Group has announced the completion of its multi-million pound dealership development in Hampshire, opening new Honda, Kia and Mazda showrooms.
Steve Young, managing director, ICDP, suggests that it may be time for the automotive world to consider different pricing models.
Westover Group is preparing for the official opening of its new £15 million Jaguar Land Rover dealership in Christchurch.
Harwoods Group is preparing to add the McLaren Automotive supercar franchised to its dealership portfolio with the opening of a new showroom in the New Forest.
Coachworks Consulting has suggested that car dealers will be forced to adopt “guerrilla tactics” to sell new diesel-engined cars when the new 19-plate is introduced in March.
Hippo Leasing Direct has launched a new online portal, to help fulfill declined finance customers and maximise lead revenue for partner leasing brokers
Toyota’s new Supra sports coupe will offer the brand an opportunity to “look at the customer journey” and experiment with home test drives and a handling fee for its franchised car retailers.
Renault is showcasing its range of electric commercial vehicles at the EV Experience Centre, in Milton Keynes, for the next week (February 11-17).
The National Franchised Dealers Association (NFDA) has questioned the findings of a global KPMG survey in which automotive executives suggested up to 50% of car dealerships could close by 2030.
Automotive executives believe that 30% to 50% of car dealerships will be closed by 2030, according to KPMG’s Global Automotive Executive Survey 2019.
The consumer car finance market grew 1% by volume during December according to the latest figures published by the Finance and Leasing Association (FLA).
