More than half of UK dealers say April’s pay hike is the biggest hit to profitability.
Another Isle of Man car dealership has announced it is to shut at the end of the month, days after family-owned Mylchreests said it was closing its multi-franchise business after six decades.
Hyundai UK has joined forces with automotive data solutions provider Loop to enhance productivity, profitability, and consistency across its retailer network.
Unlocking 'the promise of information technology' is a key factor in improving dealer group profitability over the next five years as macro-economic factors and market competition look set to constrain growth in return on sales.
The latest outlook survey from the National Franchised Dealers Association (NFDA) reveals widespread pessimism among dealers, reflecting their fears about navigating financial pressures and regulatory changes.
Research from Startline Motor Finance reveals that rising staff costs are the greatest concern for UK car dealers in 2025, with 40% of dealers identifying this as the factor most likely to negatively affect their business.
A leading expert on automotive economics is calling for a comprehensive overhaul of UK policy, including incentives, infrastructure development and a clear industrial strategy to address domestic production woes and accelerate the EV transition.
The results of the latest research by Automotive Management and BDO into the UK's biggest franchised dealer groups is here in the 2024 AM100 report.
UK independent dealer Glyn Hopkin Group has been sold to an Employee Ownership Trust (EOT).
A sub-£3,000 2008-plate BMW Z4 Coupe offered the biggest profit potential at auction last month, according to Carwow.
Dealers struggling to find the right used cars at affordable prices may be looking in the wrong places
New data from cap hpi shows that only 17% of independent dealers stocked and advertised an electric vehicle last month, according to cap hpi.
Autotech Group founder Gavin White is to partner with commercial finance broker independent commercial finance broker Activate Business Finance
MINI’s iconic hatchback has appeared in Dealer Auction’s Retail Margin Monitor top 10 models for the first time.
After some consolidation or break-ups of a few major groups, the AM100 also has four new entrants this time. See the report for details.
Car retailers from around the country are facing a series of rapid clean-up operations following the flood damage caused by Storm Babet.
A trading update by Pendragon has reported a "robust performance" in the first half of 2023, despite the headwinds of rising interest rates and inflation.
Caffyns, the AM car dealer group based in East Sussex, has blamed a 30% decline in profits on to inflation and higher business rates in its latest financial year.
Lexus was the used car brand that delivered most to car dealers in March, ahead of Subaru and Land Rover, according to data from trade sales marketplace Dealer Auction.
The £57.6m underlying pre-tax profit that Pendragon made in 2022 has exceeded expectations, despite being a 30.6% drop on 2021's £83m earnings.
Former car retail group leader explains why marginal gains are more important than ever in as the sector heads into a period of reduced demand, poor supply and increased costs.
Tributes to Queen Elizabeth II for her lifelong support of, and interest in, the UK's automotive sector feature in the September 2022 issue of AM magazine, available to read here free in digital format.
APD has launched ProfitPlanner+, a new budgeting and forecasting software system that integrates and streamlines data between OEMs and dealer networks.
Dealers face a “double whammy” of rapidly rising costs and rapidly slowing buyer demand, driven largely by the accelerating cost of living.
The June issue of AM magazine is here in digital form, free to read, full of insights that will get dealers thinking about their strategy for the future.
