UK car dealers cannot rely on manufacturer support indefinitely after Vauxhall took the decision to terminate all its retail network contracts, according to restructuring advisory practice Duff & Phelps.
Franchised car retailers face will face “a new set of trading parameters that they have not experienced for quite some time”, according to corporate finance advisors at Duff & Phelps.
Signs that the retail-driven new car market might have started to falter towards “a significant downturn” are starting to ask questions of dealers’ preparedness, says Duff & Phelps.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
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