Mercedes-Benz UK CEO Gary Savage has questioned the latest NFDA Dealer Attitude Survey for its relevancy to the agency model. Dealer attitude decline As highlighted in the October issue of Auto Retail Bulletin, under true agency agreements, all stock is held by the national sales company, which means there is zero pre-registration by retailers. However, Mercedes retailers […]

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Canada’s Alpha Auto, through its UK entity Global Auto Holdings, has increased its takeover offer for Lookers to 130p a share. Global Auto Holdings, referred to as Bidco, has also announced that the increased offer will switch to a takeover offer for Lookers. Today’s takeover offer differs from the original scheme offer in the way voting for […]

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Auto retailers have reported a rebound in sales during the first week of car showrooms being open in England after being shut since the last week of March. Several retailers reported a positive week with pent up demand seeing sales do better than cautious expectations. Auto Trader agreed with the trend and reported record visits […]

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