Europe’s continued growth in new car registrations “could become dependent on a select few markets” after 13 of the region’s 27 markets register sales declines, Jato Dynamics has revealed.
Peter Vardy’s BMW Edinburgh dealership fought off fierce competition to win the car manufacturer’s Dealer of the Year award in what was described as “a lifelong ambition” fulfilled.
Santander Consumer Finance has introduced a new Propensity Modelling tool which it claims will help dealers improve their finance renewal rates.
Ford will sell cars in the Next store at Manchester’s Arndale shopping Centre after becoming the latest partner of Rockar’s omni-channel car retailing platform.
The point of sale (POS) consumer car finance market increased 7% by volume and 13% by value in January, according to the Finance and Leasing Association (FLA).
A classic car collector has started High Court proceedings against JD Classics after alleging that the trader invented fictitious buyers and sellers to boost its sales profits.
Pendragon has re-opened its Bolton Porsche Centre Bolton following a full refurbishment and showroom extention offering greater capacity for new and used car stock.
SsangYong has added two new dealerships in Scotland with the appointment of Lawrence of Kemnay as a new franchisee and the addition of a second Frasers of Edinburgh site to its network.
Pentagon is poised to close its Fiat and Peugeot joint franchise dealership in Keighley after efforts to sell the business “fell through”.
GForces’ partnership with Gubagoo has seen 50 retailers sign up to a new customer communications solution, having only launched in December last year.
KPMG’s restructuring practice has been appointed as administrators to Nissan and Citroen dealership operators Slaters of Abergele Limited, Slaters of Ruthin Limited and Slaters North Wales Car Centre Limited.
An all-in-one car subscription service launched by London-based Drover has seen its “mobility as a service” venture given a £5.5m funding boost in a recent funding round.
Thurlby Motors in Lincolnshire has ditched both its Nissan and Vauxhall franchises after it “suffered heavily” in 2016 and 2017 from demands to pre-register to hit increasing targets.
Land Rover has recognised the best dealerships from with its franchised retail network with the presentation of its annual awards.
Arnold Clark has gifted a recently bereaved family a brand new Ford Focus ST-line after its intended recipient passed away ahead of its collection from the Glasgow dealership.
Aston Barclay has unveiled plans to expand its Westbury auction facility with the creation of a second hall after Wessex Garages and MotoNovo became new vendor customers at the site.
Pentagon is celebrating after winning the Dealer Group of the Year accolade at the Motability Dealer Awards 2018 for “outstanding service” throughout 2017.
Hyundai’s dealerships have been assured they still have a major role to play in the future of the brand after it unveiled plans for further digitalisation of both the new car selling process and aftersales.
Marshall Motor Holdings has reported a 19.5% increase in turnover and a 14.4% rise in underlying profit before tax in a set of annual financial results hailed as “excellent” by chief executive Daksh Gupta.
Two automotive retailers were named in the Government’s latest list to name and shame employers that failed to pay the legal minimum wage.
Shelbourne Motors has today announced plans for a new £5 million multi-franchise dealership in Newry as the family-owned vehicle retailer celebrates its 45th anniversary.
The team at Stratstone BMW appealed to a customer's love of football to score extra brownie points and lift his spirits after a car accident delayed the handover of his BMW 120.
Lamborghini is preparing to roll out its first approved used programme as parts of plans to prepare its UK car dealers for a doubling of sales volumes following the launch of its forthcoming Urus SUV.
Used car sales grew 5.2% in February, says enquiryMAX Car dealers increased their used car sales by 5.4% during February as new sales faltered, enquiryMAX has found. Analysis of data from over 700 dealers showed new sales dropped by 14.5% during the month, despite a 30% jump in the number of sales leads delivered via manufacturers and a nominal 1% increase in enquiries via the web. The number of leads generated from the service department dropped by 1%, meanwhile. David Boyce, managing director of enquiryMAX, said: “Our latest analysis shows that 2018 is set to be the year of the used car. “Dealers with strong used car operations are maintaining sales momentum in a traditionally profitable area of business. “Cross-selling from the service department to sales is a low cost and efficient route to generating business, and this should be a focus for every dealer.” PCP penetration continued to grow with an increase from 65.8% in February 2017 to 69.5% in February 2018, according to enquiryMAX’s data. The number of sales completed on the first day showed a marginal decline of 1% and the average price of a part exchange increased from £7,727 to £8,659.
Volvo Car UK’s sponsored dealer programme bore its first fruits when dealer principle Chris Carr opened the doors to Volvo Cars Shrewsbury for the first time.
