MHA MacIntyre Hudson
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Retailing 28 MarAdvice to bolster the dealership as profits come under pressure
Experts point to some of the structural elements which could help make car dealerships more sustainable in tough economic conditions, from rates reviews and refinancing to tax reliefs.
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Market Insight 6 DecClimate hots-up for car retail M&A, with overseas investors in pole position
Warnings of the longest recession on record could signal further market disruption that will turbocharge the motor retail sector’s mergers and acquisitions (M&A) outlook.
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Market Insight 13 OctAcquisitive overseas investors circle UK's car retail sector as pound flounders
Increasing numbers of franchised car retailers are considering exit strategies as economic pressures and uncertainty around agency model retail plunge the sector into a period where uncertainty is now the norm, MHA has suggested.
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Retailing 6 OctDealers concerned of 'bleak winter' as they fight for profits and staff wellbeing
As 1 in 2 car dealers predict their 2022 profits will be down vs 2021 AM's survey finds 1 in 4 have made wage increases above 5% to help staff with living costs
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Latest News 29 SepCar retailers target of ‘veiled threat’ from overstretched HMRC
Car retailers have been the target of a “veiled threat” from an overstretched HMRC after the Government body identified the sector as a VAT risk area, MHA has revealed.
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Latest News 21 JulCar dealers advised to ‘balance staff bonuses’ in response to soaring inflation
Car retail business have been advised to "flex" staff bonuses and salary sacrifice schemes to mitigate against the impact of the cost-of-living crisis as UK inflation continues to soar.
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Supplier News 13 May
MHA launches EV Alliance to help car dealers’ zero emission transition
MHA have teamed-up with other automotive sector suppliers to create an EV Alliance and help car retailers and manufacturers transition to a zero emissions future.
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Market Insight 18 JanNI’s used car VAT solution cuts off ‘logical supply route’
The UK Government’s reinstatement of the VAT margin scheme for Northern Ireland’s used car retailers has “cut-off” a logical supply route to the Republic of Ireland.
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Latest News 8 JanNI dealers' post-Brexit 20% VAT on used cars issue ‘not going away’
A post-Brexit VAT issue that will see 20% added to the cost of used cars imported from mainland Britain and sold by car dealers in Northern Ireland is “not going away”, AM has been told.
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Market Insight 25 Sep
Could car retail bounce back make retailers ineligible for Job Support Scheme?
The strength of the car retail sector’s bounce back recovery from the UK’s full COVID-19 lockdown period could make businesses ineligible for Job Support Scheme (JSS), it is feared.
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Supplier News 25 SepNew consultancy launched to help dealers and OEMs improve performance
A new consultancy has been launched by three experienced, senior automotive experts to help dealers and OEMs identify opportunities and develop strategies to improve performance.
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Car Dealer News 31 JulDealers need plans and cash to be ready for a second COVID wave
Car dealers may wish to concentrate on cash generation after the COVID disruption to trading, but they should have a plan for worst-case scenarios
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Market Insight 13 JulWhy firms must invest to power their way out of a recession
Businesses need to focus on productivity and skills investment to help the UK power its way out of the global recession caused by the COVID-19 pandemic, says professor Joe Nellis of Cranfield School of Management.
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Market Insight 7 JulChancellor unlikely to ‘support individual pockets’ in COVID-19 mini budget
Chancellor of the Exchequer Rishi Sunak is unlikely to support individual businesses like car dealerships with new COVID-19 recovery packages in tomorrow’s “mini budget”, it has been claimed.
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Market Insight 18 JunCredit card firms lose Supreme Court fight over fees
Credit card firms could face significant damages claims after the Supreme Court dismissed an appeal by Visa and Mastercard, ruling that fees the companies were charging retailers restrict competition.
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Market Insight 27 Mar
Government coronavirus wage scheme omits car sales commission payments
Car retail staff will be among the UK employees whose commission-led monthly salaries will be detrimental to their income as “furloughed workers” as part of the Government’s Coronavirus Job Retention Scheme.
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Supplier News 27 MarMHA to host 2nd car dealer business coronavirus mitigation webinar
MHA MacIntyre Hudson will today host the second in a series of webinars designed to help car dealers adapt and respond to the COVID-19 coronavirus pandemic to minimise the impact on their business.
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Supplier News 24 Mar
MHA MacIntyre Hudson to host car dealers' coronavirus support webinar
MHA MacIntyre Hudson is set to host a free webinar to offer guidance and support to car retailers who are battling to make their businesses resilient during the COVID-19 coronavirus lock-down period.
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Market Insight 23 Mar
Government will only cover wages of ‘at risk’ car dealership employees
Government will only reimburse up to 80% of the monthly wage of car dealership employees if their jobs have been put “at risk” by the current COVID-19 coronavirus outbreak.
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Supplier News 18 Mar
MHA MacIntyre Hudson publishes coronavirus advice for car dealers
MHA MacIntyre Hudson has published a free report paper aiming to address car dealers’ immediate need for proactive business continuity planning as the impact of COVID-19 coronavirus begins to be felt.
