Motorists Turn to Social Media to Inform Choices Research by CarGurus has found Motorists are increasingly using smartphones and social media to inform their next car purchase – even in the showroom. The latest data has shown the use of mobile phones on the forecourt has increased by 12% (from 59% to 71%) since […]
Read More →Month: October 2022
Nissan Campaign Supports EV Awareness
Feel Electrified Nissan has launched a new sales and awareness campaign called ‘Feel Electrified’. The campaign is designed to promote the brand’s EV ensemble and is underway now running until 8 November. Customers are being invited to experience cars equipped with powertrains that showcase a range of innovative Nissan technologies. According to Nissan’s research, […]
Read More →The first ‘Destination Porsche’ Centre in the UK has been officially opened in Reading.
The brand reported that the Destination Porsche concept elevates and evolves the Porsche Centre from simply a point of sale into a point of brand experience. Doubling Size The Reading showroom has vastly increased in size – more than doubling in area to span over 2,000 square metres. The number of staff has risen accordingly, […]
Read More →Chinese brands to star at Paris Motor Show
Chinese brands Great Wall Motor and BYD will kick off their European push this week at the 2022 Paris Motor Show. The GWM Ora Funky Cat will be shown, and Great Wall executives say they will reveal further European expansion plans for both Ora and Wey brands at the show. Peter Vardy and Lookers have […]
Read More →China new entrants ‘an exciting opportunity’
IM Group MD William Brown, Auto Trader commercial director Ian Plummer and Urban Science MD Chee-Kiang Lim highlighted the significant new auto retail opportunity represented by new Chinese car brands entering the UK in the latest Auto Retail Live webinar. The session ran to mark the release of the Auto Retail New Entrants Report, and […]
Read More →Lookers plc Relaunches its Nissan Dealership in Chester.
Lookers Group has invested £750,000 in overhauling several sites including Nissan Chester. The company has plans to revitalise the brand and its facilities locally towards providing an outstanding customer experience. The Sealand Road site has been completely redesigned, enlarged and enhanced. The refurbished location will accommodate a range of next-generation Nissan cars and vans, including […]
Read More →New Nio ET5 Electric Saloon Confirmed for UK in 2023
Growing Chinese premium EV brand Nio will make its UK debut late next year. The announcement was made by company founder and CEO William Li at Nio’s launch in Germany recently. The brand will launch with its mid-sized Nio ET5 saloon, a rival to the Tesla Model 3, and other models more suited in size to the […]
Read More →Vertu hints at acquisitions in first-half results
Vertu has delivered its second highest set of first-half results on record. The group reported an adjusted profit before tax of £28.2 million on a turnover just shy of £2 billion and hinted at more acquisitions. In the same period in 2021, Vertu recorded an adjusted profit of £51.8m on a turnover of £1.92bn. Increased […]
Read More →Auto Trader Valuation Data Free
All Auto Trader retailer partners are to enjoy free valuations data through the Auto Trader Connect platform as part of their standard packages. Auto Retail Agenda has revealed the new benefit will be included from April 2023 but early access will be provided from 1 November. Described as “the industry’s most accurate pricing data,” COO […]
Read More →Glowing 2021 Results for Auto retailers
A flurry of auto retailers has posted excellent results for the year ended December 2021. Glyn Hopkin saw profit before tax grow from £4.8m to £14.1m; a 3.3% margin. Turnover grew from £368m to £452m. An interim dividend of £8.4m was paid, compared to £2m in 2020. William Morgan posted turnover growth from £178m […]
Read More →