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Inchcape upgrades 2021 profits forecast to ‘at least £290m’
Inchcape has upgraded its group profit-before tax forecast for 2021 to “at least £290 million” driven by a stronger margin performance across the business.
- JCT600 opens new Porsche Centre in York
- Macklin Motors becomes official club partner of Heart of Midlothian FC
- NFDA’s EVA scheme reopens for electric vehicle dealer accreditation
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Cazoo agrees £6.5m acquisition of commercial vehicle retailer Van365
Cazoo has agreed the £6.5 million acquisition of online commercial vehicles retailers Van365 ahead of its launch into the van market later this year.
- Constellation claims 'unmatched scale' across Europe after CarNext acquisition
- Marshall acquires £700m AM100 group Motorline
- Eastern Western Motor Group reports 33% rise in pre-tax profit in 2020
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Nissan introduces interest-free monthly payments for aftersales services via Bumper
Nissan dealers can offer aftersales customers the option of interest-free payments for servicing and repair work as part of the brand's new partnership with Bumper.
- Semiconductor shortage will hit supply chains until Q3 2022, says SMMT
- Fiat to revive Scudo and Ulysse nameplates for new LCV and MPV
- New Range Rover priced from £94,400 (gallery)
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Cazoo boosts gross profits and sales in Q3
Cazoo has posted a gross profit of £11.8m in Q3 year-on-year as margins and sales increased due to the company’s growing scale.
- Old diesel prices continue to rise in London, despite ULEZ expansion
- CarShop adds fourth used car supermarket in Yorkshire with Haifax Express store
- Close Brothers offers car retail insight tools through Auto Trader partnership
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Nissan introduces interest-free monthly payments for aftersales services via Bumper
Nissan dealers can offer aftersales customers the option of interest-free payments for servicing and repair work as part of the brand's new partnership with Bumper.
- Vehicle maintenance sector gets new quality stamp for repair data
- Fix Auto UK appoints Rob Pugh to head up owned repair centre division
- New Lincoln RMI Academy training site opens
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Online reviews ‘create a narrative of good customer relations’, AM webinar reveals
Online reviews should be embraced by car retail businesses to “create a narrative of good customer service”, AM’s latest ‘General Managers Guide to…’ webinar heard.
- Close Brothers offers car retail insight tools through Auto Trader partnership
- GardX to unveil results of ‘reset, refuel and rebrand’ digital strategy at AM Live
- Vanarama wins seven UK Customer Experience Awards after e-commerce investment
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BVRLA tells MPs that EVs present ‘clear need’ for road pricing
The British Vehicle Rental and Leasing Association (BVRLA) has told MPs on the Government’s Transport Select Committee that the rise of electric vehicles (EV) has presented a “clear need” for road pricing.
- MG Motor sets sights on fleet sector with Geraint Isaac promotion
- EV tax proposals backed to plug Government's £40bn car tax shortfall
- Epyx launches eight new remarketing modules
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Sunak reports 2022 aim for UK economy to reach pre-COVID strength in Budget speech
The UK economy is forecast to return to pre-Covid levels by 2022, as annual growth is set to rebound by 6.5% this year, followed by 6% in 2022, according to the Budget Day speech by Rishi Sunak, Chancellor of the Exchequer.
- Budget 2021: EV incentives, living wage and a turbo charged economy
- Old diesel prices continue to rise in London, despite ULEZ expansion
- Future of UK vehicle market and agency model revealed in Cox Automotive and Grant Thornton Insight Report 2021
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Nissan introduces interest-free monthly payments for aftersales services via Bumper
Nissan dealers can offer aftersales customers the option of interest-free payments for servicing and repair work as part of the brand's new partnership with Bumper.
- Close Brothers offers car retail insight tools through Auto Trader partnership
- Former Chrysalis-Solmotive co-owner Paul Bennett to help drive iVendi growth
- Volume of used car finance dropped in August, FLA reveals
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Vauxhall stalwart retires after 75 years of service
Baylis Vauxhall Group warranty administrator, Bryan Webb, is celebrating his well-earned retirement after a Vauxhall career spanning more than 75 years.
- BVRLA names Paul Parkinson as chairman of leasing broker committee
- Simon Hunt named as head of information security and compliance at iVendi
- Bristol Street Motors appoints Chris Armstrong as general manager of Ford Bolton
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Close Brothers offers car retail insight tools through Auto Trader partnership
Close Brothers Motor Finance has teamed-up with Auto Trader to launch a “motor finance industry-first data tool” offering consumer demand insight to car retailers.
- GardX to unveil results of ‘reset, refuel and rebrand’ digital strategy at AM Live
- FLA calls on Government to help businesses ‘finance decarbonisation’
- Don’t operate online car retail in the dark, opinion
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Discover what car buyers really want at AM Live show at Birmingham NEC
The AM Live event for car dealers and OEMs is only two weeks away and Keyloop has revealed it will share never before seen consumer insights at the show in Birmingham's NEC that will reveal what car buyers really want.
- NFDA’s EVA scheme reopens for electric vehicle dealer accreditation
- Remarketing sector skills shortage extends beyond HGV drivers
- Old diesel prices continue to rise in London, despite ULEZ expansion
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Car dealership enquiries rose 20% in Q3, says Marketing Delivery
The volume of customer enquiries made to UK dealerships rose by 20% year-on-year during Q3 of 2019, according to new data published by Marketing Delivery.
- Online motor finance conversion rate increase could be due to GDPR, says iVendi
- Car dealers should remind staff that data breaches 'could result in prison term'
- MOT changes 'a chance to improve customer satisfaction and transparency', says CitNOW
