Supplier news
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Supplier News 24 JanEMaC Aftersales Academy will expand to enrol 150 dealer delegates
EMaC is expanding its Aftersales Academy to give 150 car retailers the chance to strengthen their sales and customer service expertise in 2020.
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Opinion 24 JanThe ground rules of GAP in an FCA-scrutinised market, a guest opinion
The Financial Conduct Authority (FCA) said, as part of its 2018/2019 Business Plan, it would strive to investigate the effectiveness and impact of its interventions into certain markets and industries.
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Supplier News 23 JanMercedes-Benz A-Class was most popular lease car of 2019
The Mercedes-Benz A-Class attracted more enquiries from leasing customers than any other vehicle during 2019, according to data compiled by Leasing.com.
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Supplier News 21 JanBCA experiences record week of January used car sales
BCA sold more used cars through its auctions in a single January week than at any other time in its history as it got off to a strong start in 2020.
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Supplier News 21 JanRAPID RTC lead management software available to Kia network
RAPID RTC has forged a new partnership with Kia Motors UK which will see its leading digital lead management software rolled out across the Korean brand’s 190-strong franchised retail network.
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Supplier News 21 JanBen extends mental health services with new digital platform
Ben is responding to a growing need for mental health support in the automotive sector with the launch of a new digital platform offering a range of services.
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Used Cars 20 JanUsed car values declined 1.2% at BCA in December
The average value of a used car offered for sale at BCA’s auctions declined by 1.2% during December, but maintained the month’s fourth highest value on record.
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People News 17 JanEvolution Funding expands sales team with ex-BPF employees
Evolution Funding has strengthened its sales team with the appointment of four former Barclays Partner Finance (BPF) employees.
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Market Insight 10 JanCar dealers set for second year of declining profitability, says ASE
Car dealers suffered a loss of £11,000 in November to all-but ensure the sector's average business incurred losses for the whole of 2019, ASE has reported.
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Supplier News 10 JanCDK Global launches ‘Dealership Dilemmas’ whitepaper series
CDK Global has created a series of three whitepapers focusing on common problem areas for car retail businesses – with the first focussing on digital experience.
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Supplier News 10 Jan
WMS Group acquisition completed by Opteven
Opteven’s acquisition of WMS Group has been formally completed after gaining approval from The Financial Conduct Authority (FCA).
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Supplier News 8 JanFix Auto UK appoints new head of operations following acquisitions
Fix Auto UK has promoted Brett Wootton to the role of head of operations for its acquired sites as part of a push to grow the footprint of body shops its owns and operates.
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Used Cars 2 JanDecember used car market 'strongest since 2012', says Cap HPI
The used car market defied any market uncertainty created by the General Election to deliver its strongest December performance since 2012, according to data published by Cap HPI.
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Supplier News 12 DecHeycar adds car buying function with Motorway partnership
Car buyers browsing the heycar classified advertising portal will be able to sell their car completely online as a result of the website’s new partnership with fellow automotive sector start-up Motorway.
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Market Insight 12 DecUsed car values remain unseasonably buoyant at BCA
A seasonal downturn in used car values as the holidays failed to impact sales at BCA and strong demand delivered a “strong month for used car activity”.
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Market Insight 12 DecGeneral Election may trigger ‘performance blip’ for car dealers
Car dealers may experience a used car sales performance blip after voters head to the polls for today’s General Election 2019 but the sector is “performing pretty well” in challenging times, according to Cazana.
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Latest News 11 DecShoreham Vehicle Auctions raises £150,000 for children’s hospice
Shoreham Vehicle Auctions (SVA) has raised more than £150,000 for Chestnut Tree House Children’s Hospice with the support of the south coast motor trade.
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Market Insight 11 DecHybrid car demand is outstripping dealer supply by 8-to-1
Car retailers are being advised to hunt down hybrid used car stock after research revealed that consumer demand for the alternative fuel vehicles (AFV) is outstripping demand by eight-to-one.
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People News 9 DecKeith Bell joins Evolution Funding from Barclays Partner Finance
Evolution Funding has appointed former Barclays Partner Finance (BPF) national accounts manager Keith Bell as its new sales director as part of a reshuffle of the motor finance provider’s sales team.
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Market Insight 6 Dec
Car dealer profitability ‘likely’ to end 2019 9% down
The average UK car retailer saw profitability decline by 75% year-on-year in October and is likely to end 2019 with a 9% overall reduction in overall profit, ASE has reported.
