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The UK’s leading event for motor retailers. TWO days of insightful, engaging content that Automotive Management LIVE is known for whilst enabling our audience to connect with the full range of suppliers to motor retail, learn and share industry best practice, and discuss how to prepare for the future of motor retail.

Investors pump an extra £48m into Motorway used car ...

https://www.am-online.com/news/supplier-news/2021/06/14/investors-pump-an-extra-48m...

The Motorway used car stocking portal has raised an additional £48 million in a funding round led by Deliveroo, Etsy and Dropbox backer Index Ventures. BMW I Ventures and Unbound among those backing the four-year-old business which links car retailers with private sellers in a wholly online process and had raised £14m in venture funding to date.

CarSupermarket and Motordepot owner Aramis Group targets £ ...

https://www.am-online.com/news/latest-news/2021/06/08/used-car-retailer-aramis-group...

CarSupermarket and Motordepot owner Aramis Group is hoping to raise as much as £481m through an initial public offering (IPO) as it targets “profitable growth” – including dealership acquisitions. Car manufacturer Stellantis is the majority shareholder of the group behind the the 12-site used ...

VW Group confirms EV agency model switch by 2023 as ...

https://www.am-online.com/news/manufacturer/2021/05/21/vw-group-confirms-ev-agency...

Mercedes-Benz is consulting its retailers on agency model franchise contracts as Volkswagen Group revealed the switch is likely to be completed for its electric vehicle (EV) model sales by the start of 2023.. While Mercedes refused to confirm a potential shift to an agency model agreement for its franchisees, dismissing suggestions that retailers had begun consultation on the switch as ...

Stellantis car dealers issued termination notices amid ...

https://www.am-online.com/news/manufacturer/2021/05/19/stellantis-dealers-issued...

Stellantis will issue all of its UK and European franchised car retail partners with two-year termination notices as part of a reorganisation of its distribution networks ahead of the introduction of new Block Exemption rules.. Franchisees from the OEM giant’s Vauxhall, Peugeot, Citroen, DS Automobiles, Alfa Romeo, Fiat and Jeep franchises were alerted to the changes in a virtual conference ...

Dealers are selling a quarter of used cars too cheaply ...

https://www.am-online.com/news/used-cars/2021/06/07/dealers-are-selling-a-quarter-of...

Retailers are failing to keep pace with rapidly increasing used car values and selling one in four cars too cheaply, according to Indicata. Analysing dealer used car market prices in real time, the Indicata platform is identifying cars every day that are below current market values because of not being re-priced since dealers re-opened for business on April 12.

Multi-site RMB Motor Group bought by Stoneacre ...

https://www.am-online.com/news/acquisitions-and-deals/2021/06/02/multi-site-rmb-motor...

In 2019 it turned over £60.8 million. Stoneace now represents 29 brands, with 138 franchised outlets at 62 sites. “The latest acquisition of RMB Motor Group demonstrates the close working relationship we have with our franchise partners and confirms commitment by Stoneacre to grow and scale representation in mutually agreeable locations ...

‘Agency model’ is the future of automotive retail, a guest ...

https://www.am-online.com/opinion/2020/09/08/agency-model-is-the-future-of-automotive...

The UK’s leading event for motor retailers. TWO days of insightful, engaging content that Automotive Management LIVE is known for whilst enabling our audience to connect with the full range of suppliers to motor retail, learn and share industry best practice, and discuss how to prepare for the future of motor retail.

Peugeot violated competition law with franchisee, Austria ...

https://www.am-online.com/news/car-manufacturer-news/2021/03/29/peugeot-violated...

On March 22 the Austrian Supreme Cartel Court upheld the Cartel Court's decision of May 12, 2020, that the importer for Peugeot vehicles in Austria had abused its market power in relation to Buchl, in violation of Austrian and European competition law. CECRA said this is "a breakthrough in the decade-long struggle for more fairness in the ...

Quest Motor Group dealership closure to end almost 100 ...

https://www.am-online.com/news/dealer-news/2021/04/08/quest-motor-group-dealership...

Quest Motor Group will close the doors to its Citroen, Suzuki and Vauxhall multi-brand car dealership in Maldon to bring an end to 100 years of operations in the Essex town. The car retail group said that the decision to close the location, consolidating its business at its other franchised site 30-minutes away in Braintree, had come in ...

Law: Bristol Street Motors loses employment tribunal ...

https://www.am-online.com/news/2008/5/13/law-bristol-street-motors-loses-employment...

The case was dismissed at an employment tribunal but this ruling was overturned on February 28 by the London Employment Appeal Tribunal, which judged it as unfair constructive dismissal, following conduct likely to destroy trust and confidence. Visit www.lawgistics.co.uk or call 0870 26 77 118 for more information.

Will agency sales model bring benefits to all? | Car ...

https://www.am-online.com/news/dealer-news/2021/01/04/will-agency-sales-model-bring...

Capgemini’s ‘Agency Sales Model: Accelerating the Future of Automotive Sales’ report concluded that a shift away from a traditional franchised car retail model would not only drive OEMs’ direct customer relationships, but would bring “financial benefits on all sides”. Interviews with 50 retailers across the globe found that 80% ...

Citroen, Peugeot and Vauxhall to launch hydrogen fuel cell ...

https://www.am-online.com/news/manufacturer/2021/04/07/citroen-peugeot-and-vauxhall-to...

The French OEM has announced that hydrogen plug-in hybrid vans based on the existing Citroen Dispatch, Peugeot Partner and Vauxhall Vivaro will be offered in the UK from 2022. The new zero-emission models are being billed as the solution for fleets that require more range and faster refill times than is currently available from its current ...

BCA faces legal case over drivers’ hourly pay rates as low ...

https://www.am-online.com/news/supplier-news/2021/05/20/bca-faces-legal-case-over...

BCA could be set to face a legal case over hourly pay rates equating to as little as £2.30-per-hour for its delivery drivers. In what would be the latest in a string of claims against so-called gig economy companies in the wake of a landmark Supreme Court ruling against Uber, law firm Leigh Day plans to launch a legal claim against BCA this week on behalf of potentially thousands of drivers.

VW’s new head of sales operations James Douglas brings ...

https://www.am-online.com/news/people-news/2021/04/21/vw-s-new-head-of-sales...

Volkswagen UK has appointed Volkswagen Commercial Vehicles UK’s James Douglas as its new head of sales operations. Set to start his new role in June, Douglas makes the move at an important time for the brand as it begins to accelerate the roll-out of its ID electric vehicle (EV) product line-up and brings experience of rolling-out an agency sales model for VW’s fleet business.

‘Race is on’ to train technicians on EVs by 2035 deadline ...

https://www.am-online.com/news/aftersales/2020/02/07/race-is-on-to-train-technicians...

The Institute of the Motor Industry (IMI) has said that the “race is on” to get vehicle technicians ready for 2035’s ban on new petrol and diesel cars. The automotive sector training and accreditation body claims that Prime Minister Boris Johnson’s announcement earlier this week that all new car sales must be electric vehicles (EV) by ...

BMW to halt Mini production in Oxford due to semiconductor ...

https://www.am-online.com/news/manufacturer/2021/04/29/bmw-to-halt-mini-production-in...

7 people found this useful. BMW is set to temporarily close its Plant Oxford Mini production line after the premium car manufacturer becomes the latest casualty of a global shortage of semiconductor microchips. News of the temporary shutdown follows last week’s announcement of a two-week closure of Jaguar Land Rover’s Halewood and Castle ...

Cox Automotive acquires pkwNOW car auction business ...

https://www.am-online.com/news/supplier-news/2021/05/05/cox-automotive-acquires-pkwnow

Cox Automotive has acquired German dealer-to-dealer online auction business pkwNOW. The business, which specialises in dealer and export vehicles, lease returns and fleet vehicles, has successfully grown its market share to become one of the leading online trade auction platforms.

Volkswagen introduces All-in car care package for half a ...

https://www.am-online.com/news/aftersales/2021/05/17/volkswagen-introduces-all-in-car...

Volkswagen UK said that All-in represents its “biggest single aftersales investment” to date, at a time when the brand is focusing even more on its aftersales and Approved Used vehicles. The brand said that the UK car parc of vehicles eligible for All-in is conservatively estimated at considerably more than half a million vehicles.

Pendragon concludes £106m US car dealership sales with JLR ...

https://www.am-online.com/news/dealer-news/2021/03/31/pendragon-concludes-106m-us-car...

Pendragon has completed the process of selling off its US-based Hornburg car retail division with the sale of its Jaguar Land Rover (JLR) dealership in Santa Monica, California. The completion of the final transaction in a series of US car dealership sales, for a sum of £10.8m, means that the AM100 PLC has raised proceeds of £106m through its ...

Eight questions to... Leon Caruso, Vertu Motors | Talent ...

https://www.am-online.com/dealer-management/talent/eight-questions-to-leon-caruso...

The UK’s leading event for motor retailers. TWO days of insightful, engaging content that Automotive Management LIVE is known for whilst enabling our audience to connect with the full range of suppliers to motor retail, learn and share industry best practice, and discuss how to prepare for the future of motor retail.

FCA focuses on finance T&Cs and 'fair value' with new ...

https://www.am-online.com/news/finance/2021/05/17/fca-focuses-on-finance-tandcs-and...

The UK’s leading event for motor retailers. TWO days of insightful, engaging content that Automotive Management LIVE is known for whilst enabling our audience to connect with the full range of suppliers to motor retail, learn and share industry best practice, and discuss how to prepare for the future of motor retail.

Mercedes-Benz to sell 25% of cars online by 2025 ...

https://www.am-online.com/news/manufacturer/2019/07/19/mercedes-benz-to-sell-25-of...

Mercedes-Benz has said that 25% of its new car sales transactions will be completed online by 2025 as it develops a “single log-in” digital strategy offering lifestyle, mobility and shopping solutions to owners and non-owners alike.

April new car registrations reveal ‘light at the end of ...

https://www.am-online.com/news/market-insight/2021/05/05/april-new-car-registrations...

The Society of Motor Manufacturers and Traders (SMMT) has said that April’s 13.9% rise in new car registrations show that there is “light at the end of the tunnel” after COVID-19. Car retailers across the UK were able to drive the UK automotive sector to 141,483 registrations last month, following the April 12 reopening of showrooms in ...

AM100 2020 - AM-online

https://www.am-online.com/digital-issue/show/66

The UK’s leading event for motor retailers. TWO days of insightful, engaging content that Automotive Management LIVE is known for whilst enabling our audience to connect with the full range of suppliers to motor retail, learn and share industry best practice, and discuss how to prepare for the future of motor retail.

Auto Trader confident of used car market’s ‘quick return ...

https://www.am-online.com/news/used-cars/2021/02/05/auto-trader-confident-of-used-car...

Auto Trader has said that January’s 7.4% rise in used car values has given it “confidence we’ll see a quick return to health” as COVID-19 ‘Lockdown 3’ restrictions start to ease. Earlier this week the online marketing platform published a set of KPIs gathered from its online car buyer data which could indicate another post-lockdown ...

IM Group in ‘advanced talks’ to takeover Mitsubishi's UK ...

https://www.am-online.com/news/manufacturer/2021/05/17/im-group-in-advanced-talks-to...

A joint statement issued by IM Group and CCC today said that, for International Motors, the acquisition of the Mitsubishi Motors in the UK aftersales business would represent an opportunity to grow its parts and accessories operation and to engage with a broader customer base for whom the Subaru and Isuzu ranges should be a "perfect fit".

Volkswagen ID.4 becomes first SUV to top European EV sales ...

https://www.am-online.com/news/market-insight/2021/05/27/volkswagen-id4-becomes-first...

Volkswagen’s new ID.4 became the first SUV to top Europe’s electric vehicle (EV) sales rankings as it topped the charts for April, Jato Dynamics has reported.. Stellantis swelled its share of Europe’s new car market as Peugeot Citroen, Fiat and Vauxhall models made up six of the region’s top ten best-selling models as its brands returned to a pre-pandemic market share of 21.9% last month.

Government offers small businesses £50,000 'bounce back ...

https://www.am-online.com/news/dealer-news/2020/04/28/government-offers-small...

Smaller businesses could access new Government-backed 'Bounce Back' loans of up to £50,000 “within days”, according to Chancellor Rishi Sunak. Sunak announced measures to offer further assistance to smaller operations suffering the impact of the COVID-19 coronavirus lockdown yesterday (April 27), with sums of between £2,000 and £50,000 ...

Updated: UK Government reinstates VAT margin scheme for NI ...

https://www.am-online.com/news/latest-news/2021/01/13/government-reinstates-vat-margin...

The UK’s leading event for motor retailers. TWO days of insightful, engaging content that Automotive Management LIVE is known for whilst enabling our audience to connect with the full range of suppliers to motor retail, learn and share industry best practice, and discuss how to prepare for the future of motor retail.