Ford is planning to cut more than half its current retailer network in time to for a switch to agency sales, according to Auto Retail Agenda sources. It is understood the network was issued with termination notices last year and it was known a cut back was planned. However, final numbers for those that will survive […]
Read More →Mercedes-Benz is tempting new car buyers with money off a series of models despite its recent switch to the so-called ‘fixed price’ agency model. Those buying between 1 February and 31 March can save £2,500 on a number of cars including the A 180 and A 200, the A 35 4Matic, plus the C-Class estate […]
Read More →Lookers’ Charles Hurst car retail division is to develop the only Lotus Car dealership in Northern Ireland. Boucher Road, Belfast The Geely-owned performance car brand’s new Emira coupe – an all-electric SUV will be introduced to the group’s Boucher Road car retail complex in Belfast. The deal has taken place under a new agency model […]
Read More →Volvo has agreed terms with its retail network to move to an agency model from mid-2023, according to Auto Retail Agenda sources. While contracts still have to be signed by each retailer, it is understood the dealer network reached terms of the shift from franchised to agency. Agreements were reached at an investor conference with […]
Read More →As clarity emerges around OEM agency plans, Auto Retail Network is gathering leading auto retail experts to explore the latest developments. The in-person conference at Hilton Hotel Northampton starts at 8.30am on 26 January with speakers including Radius Law’s Iain Larkins, TLT Solicitors’ Miles Trower, Salesforce’s Matthew Simpkins, Fresh Tracks’ Mike Jones, MSXI’s Jayesh Jagasia, […]
Read More →Manufacturers moving to agency agreements have been scored down by retailers compared to those sticking with the franchised retail model. Worry about future profitability is said to be the cause. The data is according to the latest NFDA Dealer Attitude Survey. The average score for ‘How do you rate your manufacturer overall?’ has been a […]
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. […]
Read More →Franchised retailers are unhappy with their manufacturer partners over the introduction of agency agreements. This is after Mercedes-Benz, Volkswagen Group and Volvo issued agency agreement consultation documents. Retailers fear the agreements will adversely impact the profitability of their business and their ability to offer the best experience to customers. The NFDA has begun seeking legal […]
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