retailing
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Market Insight 7 May
Used EV volumes rise as demand drives 14% value increase in 12 months
The volume of used electric vehicles (EVs) available in the UK has risen by 27% since 2017, according to Cap HPI.
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Market Insight 7 May
New car sales decline accelerates with 4.1% April registrations dip
The UK’s new car sales market declined once again as April's registrations ended 4.1% down with the month's second lowest registrations total since 2012, the SMMT has reported.
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Car Dealer News 3 May
WLMG opens MG Motor UK Marylebone dealership
MG Motor UK has increased its footprint in London with the opening of WLMG Marylebone, which will be a “key addition” to brand’s nationwide dealer network.
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Car Dealer News 2 May
Dealers can 'double sales' using medium-term rental, says Meridian
Medium term rental can provide car dealers with the opportunity to double their sales, according to Meridian Vehicle Solutions.
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Market Insight 2 May
Car dealer profitability rose 4.4% in March, ASE report
Car retailers improved their profitability by 4.4% year-on-year to an average of £118,000 during March, according to the latest data published by ASE.
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Opinion 2 May
Tesla’s long and winding road to EV profitability, a guest opinion
Many of us expected Q1 loses for Tesla last week, but I for one hadn’t anticipated such eye-wateringly bad figures. The firm lost over $700m in the first quarter of 2019, one of its worst quarterly results ever.
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Acquisitions and deals 2 May
Pendragon agrees £60m disposal of US JLR dealerships
Pendragon has disposed of its two Hornburg Group Jaguar Land Rover (JLR) dealerships in California as it progresses its plans to reduce its exposure to premium brands and withdraw from the US.
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Manufacturer 1 May
UK van sales growth almost double that of cars, SMMT finds
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.
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Car Dealer News 1 May
Growth of premium brands drives demand for higher-quality service levels
Car retailers must elevate their customer service offering as sales of premium cars surge, according to AX.
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Manufacturer 1 May
Tesla Model 3 EV configurator launches as UK order books open
Tesla has launched the online configurator for its Model 3 electric vehicle (EV) as order books opened for the £38,900 saloon car in the UK.
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Car Dealer News 30 Apr
JCT600 completes Porsche Centre Sheffield makeover (gallery)
A major project to extend and improve Porsche Centre Sheffield has been completed, resulting in a new showroom and workshop facilities.
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Car Dealer News 29 Apr
Perrys Leasing responds to millennials' 'seismic shift' in car usage
Perrys Motor Sales has said that its launch of the new Perrys Leasing service has come in response to the “seismic shift of millennials preferring to rent rather than buy products and services”.
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Car Dealer News 25 Apr
Star treatment for loyal Newton Honda customer of 40 years
Newton Honda has given the star treatment to its longest-standing customer, 92-year-old Mr Bickerstaff, who has been with the dealership for more than 40 years.
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Car Dealer News 23 Apr
Autobase twins MG with Citroen to create new dual-brand dealership
Autobase has opened MG’s 92nd franchised dealership in Wednesbury as part of a dual-brand showroom.
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Car Dealer News 17 Apr
Taggarts Motor Group opens LEVC electric taxi dealership in Glasgow
Glasgow has opened its doors to a new LEVC franchised dealership to support the adoption of electric taxis.
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Car Model News 17 Apr
New Toyota Camry hybrid saloon makes UK comeback from £29,995
Toyota has order books have opened for the new Camry 14 years after the saloon nameplate appeared on a car in the UK market.
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Car Dealer News 17 Apr
Pendragon begins review of operational and financial prospects
Pendragon’s new leadership team is conducting review of the car retail group’s operational and financial prospects as an interim management statement revealed Q1 pre-taxes losses which were ‘lower than expected’.
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Car Dealer News 16 Apr
RMB Darlington scores social media success with Max Coates Megane RS handover video
RMB Darlington’s general manager Paul Walker has achieved staggering traction on LinkedIn, with a video of a special surprise handover featuring racing driver Max Coates.
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Car Dealer News 3 Apr
Car dealers recorded £19,600 loss in February, reports ASE
Car retailers were unable to take advantage of a milder February on their forecourts as profitability statistics published by ASE showed a £19,600 loss during the month – matching 2018’s performance.
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Opinion 1 Apr
Brexit has triggered a new car pre-registration boom, a guest opinion
With Brexit looming and the uncertainty of what that will mean for the industry, it’s fair to say that Q1 2019 has been like no other for UK automotive dealers.