ICDP managing director Steve Young will present a 'Dealer Sustainability' keynote seminar at Automotive Management Live Virtual next week, where he will share his thought-provoking insights into likely changes ahead for carmakers' national sales companies and franchised dealer networks.
Some car retailers are feeling the pressure as manufacturers demand they to get their digital houses in order to take advantage of any market recovery ahead of what is expected to be a tough Q4, according to delegates at AM’s first virtual round table (held before 'Lockdown 2').
UK car dealers must step up their digital services or risk being left behind, as the COVID-19 pandemic has led many customers to carry out more research from their sitting rooms before they visit car showrooms to agree the deal.
The National Franchised Dealers Association (NFDA) has said that it is vital that Government and car manufacturers “evaluate a support package that stimulates the market” following April’s 97.3% sales slump.
Substantial franchised car retail network reductions and restructuring is required if operators are to benefit from a significant increase in the profitability of operators, according to a new report published by the ICDP.
Today’s car dealers that they will not fall by the wayside as the primary casualties of a “Blockbuster moment for car retail” between now and 2030 according to the ICDP’s European Dealer of Tomorrow report.
The UK’s leading event for motor retailers is going VIRTUAL.
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.