Retailers have been given an extra three months to implement the FCA’s new Consumer Duty. The extra time will allow them to “fundamentally improve” how they sell finance to consumers. The new Consumer Duty guidance from the FCA will concentrate on “good outcomes” rather than giving specific legislation. While the new Consumer Duty focuses on […]
Read More →The Directors of the Trowbridge based Platinum Motor Group (Renrod Ltd) have announced the acquisition of A.K.S. Renault/Dacia in Yeovil. The deal was completed on Monday 6 June. The Platinum Trowbridge and A.K.S. market areas are adjoined so the takeover will give Platinum a larger continuous territory. The new business name will be Platinum Renault/Dacia […]
Read More →The Director of Operations at Group 1 Automotive has accepted the role of Managing Director. The move ends 22 months without an MD. 39-year-old Mark Bridgland will take the helm. He assumes responsibility for the company’s human resources, finance and other support functions in the UK. Mark will also oversee dealership operations. UK Operations Former […]
Read More →Electric car brand Polestar hopes to at least double its UK sales volume by the end of 2022 as EV vehicle sales continue to grow. The brand plan to expand the number of Polestar Space showrooms to four when they open in Battersea in London in the autumn. UK Chief Executive Jonathan Goodman announced plans for […]
Read More →SsangYong Motors UK is pleased to announce the addition of August Motors to its franchise dealer network. The SsangYong showroom is conveniently located in Salisbury. August Motors, is part of Balmer Lawn Group and also has showrooms operating in Brockenhurst, New Milton, and Dibden Purlieu. Kevin Griffin, managing director at SsangYong Motors UK, said “We […]
Read More →Motorpoint will strengthen their Scottish presence when they open in Edinburgh in September 2022. The company are the UKs largest independent car retailer of nearly new cars and vans. This latest expansion will create up to thirty new jobs. The new roles will be located at Motorpoint’s stylish new store at 25 Baileyfield Road. Positions […]
Read More →Nissan is setting up a sub-network of superfleet dealers to offer the highest levels of service to business customers. Speaking to Auto Retail Network, Nissan’s fleet director Csaba Vincze said he’d signed up half of the 13-strong group of franchised retailers and would confirm the other half by the end of the month. The […]
Read More →Jaguar Land Rover has confirmed it will move to an agency model by 2024. Speaking to Auto Retail Agenda, Rawdon Glover, MD of Jaguar Land Rover UK, said: “Jaguar Land Rover UK will transition to a ‘direct to customer’ agency model by 2024. This will improve customer experience and optimise on and offline touch points. […]
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