Dealers are being urged to recognise aftersales and servicing as a way to combat the decline in the new car market, by Incadea UK managing director Paul Humphreys.
Up to half of UK car dealerships will close within by 2025 according to respondents to KPMG’s Global Automotive Executive Survey 2018.
Sytner Group has officially-opened the doors of its new luxury dual franchise Roll-Royce and McLaren Automotive showroom in Wilmslow.
A campaign by the National Franchised Retailers to promote a greater understanding of automotive retail saw the Rt Hon Sir Vince Cable MP step into the showroom at Inchcape Volkswagen in Twickenham.
Tootle has announced a seven-figure investment from Channel 4’s Commercial Growth Fund, enabling the online car selling platform to launch a TV advertising campaign.
Lookers Mercedes-Benz Kent has been awarded the German premium car manufacturer's Retailer of the Year 2017 award.
Car retailers' online sales leads rose by 34% during December as the sector experienced an 8.5% rise in used cars during the final month of 2017, according to enquiryMAX.
Lookers has opened the doors of two Glasgow-based dealerships, following £12m investment.
Desira Group has doubled its representation with the Suzuki franchise following the opening of a new dealership in Norwich.
Current registration trends suggest the UK is on course to meet its target of three in five new cars sold being electric by 2030.
Bowker Motor Group has secured planning permission for its new 43,000 square-foot Porsche dealership in Preston.
Hendy Group has doubled its number of Suzuki dealerships with the official opening of a second showroom with the Japanese brand in Crawley.
Cars will be sold alongside clothing and homeware at Next stores after omni-channel vehicle retail specialist Rockar announced its first collaboration with the high street name at the Manchester Arndale shopping centre.
WR Davies has opened the doors of its new £3 million Nissan Stafford car dealership at a “landmark” event attended by the Nissan Motor (GB) managing director.
Lookers has grown its portfolio of Volvo retail sites with the opening of a new dealership in Stockport.
Car retailers recorded an average loss of £19,000 in a "tough" November as the average return on sales percentage dipped to 0.97%.
The Finance and Leasing Association has claimed that the point of sale new car finance market remains “on track”, despite an 8% decline in volumes during November.
Marshall Motor Holdings has reported 2017 financial performance ahead of its “previously upgraded pre and post-tax expectations” in a statement issued by the London Stock Exchange.
JCB Group has added Kia, Citroen, Mitsubishi and SsangYong to its list of franchise partners with the acquisition of the family-owned Hidsons Group.
BCA recorded its fourth consecutive record month of used car prices in a monthly Pulse report which showed values had risen by £465 to £9,868 during December.
Over the past 13 years our business (Anchor Vans) has transformed from a small local dealership into the UK’s largest independent van hypermarket, now servicing, selling and delivering vehicles to all corners of the UK and beyond.
Diesel sales are set to plunge further as a result of environmental pressures and consumer confusion automotive expert Professor David Bailey has warned.
The SMMT has urged fleets to renew their LCVs in a bid to reduce emissions after the sector experienced a 3.6% decline in registrations during 2017.
Franchised car retailers face will face “a new set of trading parameters that they have not experienced for quite some time”, according to corporate finance advisors at Duff & Phelps.
Go Ultra Low has celebrated a record year of EV and hybrid car sales after registrations rose 27% during 2017 – the sixth consecutive sales rise for the sector.
