MG Motor UK has increased its footprint in London with the opening of WLMG Marylebone, which will be a “key addition” to brand’s nationwide dealer network.
Medium term rental can provide car dealers with the opportunity to double their sales, according to Meridian Vehicle Solutions.
Car retailers improved their profitability by 4.4% year-on-year to an average of £118,000 during March, according to the latest data published by ASE.
Many of us expected Q1 loses for Tesla last week, but I for one hadn’t anticipated such eye-wateringly bad figures. The firm lost over $700m in the first quarter of 2019, one of its worst quarterly results ever.
Pendragon has disposed of its two Hornburg Group Jaguar Land Rover (JLR) dealerships in California as it progresses its plans to reduce its exposure to premium brands and withdraw from the US.
Growth in the UK van parc has been almost doubled that of cars since the start of the century as online shopping boosts retailers fortunes, Society of Motor Manufacturers and Traders (SMMT) research has found.
Car retailers must elevate their customer service offering as sales of premium cars surge, according to AX.
Tesla has launched the online configurator for its Model 3 electric vehicle (EV) as order books opened for the £38,900 saloon car in the UK.
A major project to extend and improve Porsche Centre Sheffield has been completed, resulting in a new showroom and workshop facilities.
Perrys Motor Sales has said that its launch of the new Perrys Leasing service has come in response to the “seismic shift of millennials preferring to rent rather than buy products and services”.
Newton Honda has given the star treatment to its longest-standing customer, 92-year-old Mr Bickerstaff, who has been with the dealership for more than 40 years.
Autobase has opened MG’s 92nd franchised dealership in Wednesbury as part of a dual-brand showroom.
Glasgow has opened its doors to a new LEVC franchised dealership to support the adoption of electric taxis.
Toyota has order books have opened for the new Camry 14 years after the saloon nameplate appeared on a car in the UK market.
Pendragon’s new leadership team is conducting review of the car retail group’s operational and financial prospects as an interim management statement revealed Q1 pre-taxes losses which were ‘lower than expected’.
RMB Darlington’s general manager Paul Walker has achieved staggering traction on LinkedIn, with a video of a special surprise handover featuring racing driver Max Coates.
The UK’s 34.9 million car parc emits 17.8% less CO2 than a decade ago, despite claims that the ‘demonisation of diesel’ would trigger a rise in environment-harming emissions.
Ford sold more than 9,500 fewer cars during March to top to the table of the month’s biggest registrations decline by volume during the crucial ‘plate change month.
The SMMT has called on Government to bring an end to the threat of a ‘no deal’ Brexit to restore consumer confidence following a 3.4% decline in new car registrations during March.
Car retailers were unable to take advantage of a milder February on their forecourts as profitability statistics published by ASE showed a £19,600 loss during the month – matching 2018’s performance.
Brexit, a global slowdown and confusion over the future of diesel vehicles have combined to create a crisis of consumer confidence which may have driven 2.4 million motorists away from a new car purchase.
With Brexit looming and the uncertainty of what that will mean for the industry, it’s fair to say that Q1 2019 has been like no other for UK automotive dealers.
The UK's top 100 car retailers have cut 22% of debt from their business in order to avoid a “post-Brexit storm”, according to the findings of research carried out by UHY Hacker Young.
Endeavour Automotive has taken over the operation of Hyundai’s Stratford retail store just 13 months after Motorline took control of the operation from Rockar and Hyundai Motor UK.
Lookers Nissan has introduced a new campervan conversion service, helping holiday makers get the most out of the British spring and summer “staycation boom”.
