New vehicle retailing - Page 21

Geely’s Lynk & Co brand has claimed the title of the ‘world’s fastest growing car manufacturer’ after 120,414 sales in its parents company’s home market in its first year on sale.

​Volvo UK is preparing to follow-up online test drive booking trails with Amazon with the launch of its own end-to-end web-based car sales platform.

Islington Motor Group has marked its 40th anniversary by joining the MG Motor UK franchised dealer network.

Peugeot UK managing director David Peel told delegates at the brand’s national dealer conference to “be prepared” for electric vehicles as its makes the transition to an EV model line-up.

Jardine Motors Group is preparing to officially re-open its BMW dealership in Bury St Edmunds following a £1 million redevelopment of the franchised dealership site.

Grey cars were the most popular among new car buyers in 2018, overtaking black as the UK’s favourite.

The D segment – down 26% – neared MPV levels of unviability in the UK in 2018, as Nissan leads the biggest volume fallers

​Vertu Motors is set to complete a £1.5 million upgrade of its Bristol Street Motors Nissan dealership in Sheffield – doubling the size of the franchise site.

​Volvo Cars achieved record global sales success in 2018, with over 600,000 vehicles sold for the first time in its history.

Cambria Automobiles has reported that increased profit per unit generated by its luxury franchise portfolio helped to mitigate the effects of a 24.9% slump in new car sales during the three months to the end of November.

The Ford Fiesta has topped a list of the UK's 'most financed cars' published by Close Brothers Motor Finance - followed by the Ford Focus and the Volkswagen Golf.

​Zoopla founder Alex Chesterman is preparing to launch an online used car buying platform after raising £30 million to drive his new venture, Cazoo.

Dealerweb data has revealed that dealers saw used car finance grow at 15.4% in November against the same month last year.

Aston Barclay has employed the services of Amazon's Alexa voice command platform to share details of its auction programme to buyers in what it claims is a 'sector first'.

​November’s new car registration figures may be an indicator that the market is started to “rebalance itself” but market forces continue to favour used car retail, according to Cazana.

CDK Global has urged dealerships to give marketing managers a more “central role” when it comes to making decisions on technology.

New car registrations declined 3% in November as the effects of the WLTP emissions test regime and falling consumer confidence conspired to affect supply, according to the SMMT.

Franchised dealer profits in October were up by £7,500 in October year-on-year, after a £1,500 loss in October 2017, said ASE Global.

Škoda is revamping its fleet car dealer network with the launch of 20 business centres, which will cater for small-to-medium enterprises (SMEs) and major corporates, from January 1, 2019.

The opening of Snows Motor Group’s new Cupra showroom has marked the addition of a 50th franchised dealership to the Southampton-based group’s car retail portfolio.

​Toyota emerged as a clear winner in the first Electric Vehicle (EV) Dealer Attitude Survey to be conducted by the National Franchised Dealers Association (NFDA).

Motorpoint’s latest interim financial results have shown that the used car supermarket group generated 9.4% revenue growth in the six months to September 30.

Inchcape UK’s Toyota Oxford car dealership is all set to get into the festive spirit by transforming its showroom for an Winter Wonderland Christmas Fair.

Hyundai’s Tucson SUV has emerged as Auto Trader’s fastest selling car for October after the 2015 diesel manual variant took an average of just 19 days to leave car dealer’s forecourts.

Pentagon Motor Group has announced its intention to acquire three Ford dealerships from TrustFord – in Warrington, St Helens and Runcorn.