Ford franchisee Pertwee & Back has suffered a 43.4% decline in turnover as it slipped into loss following a decision to improve profitability by placing a “greater emphasis on higher margin retail sales”.
Growth in the UK van parc has been almost doubled that of cars since the start of the century as online shopping boosts retailers fortunes, Society of Motor Manufacturers and Traders (SMMT) research has found.
Volvo Car UK’s newly-created post of new business sales manager has been filled by former Vauxhall fleet sales operation manager Steve Canton as the brand sets its sights on ‘an increased focus on fleet’.
Car dealers reported a 60% decline in demand during March as reaction to political uncertainty over Brexit the introduction of WLTP-related taxation changes caused owners to hold on to their cars for longer.
The Financial Conduct Authorities (FCA) Motor Finance Review has finally arrived. The eagerly awaited and long overdue investigation into auto finance has revealed what many in the industry had predicted.