Retailers need to sell 23% more cars under an agency model to see equal profitability with the franchised system, according to John O’Hanlon, founder of Waylands. O’Hanlon, speaking at last week’s Vehicle Remarketing Association conference about future challenges facing the industry, said: “We need to sell over 23% extra cars just to stand still under the agency […]
Read More →OEMs who have moved to agency are yet to be fully tested on their skills at selling cars compared to traditional retailers. “The lessons learned are limited when supply is restricted,” said the ICDP’s Steve Young during a panel discussion at the Automotive News Europe Congress. It has been easy for OEMs such as Mercedes-Benz […]
Read More →The German eLCV brand B-ON are set to offer commercial fleets a greener alternative to traditional ICE delivery vehicles in the UK. International Motors Limited aims to established 25 dealerships by the end of 2023. Each site will be offering the B–ON franchise, with plans for further expansion of the network in 2024 and the […]
Read More →Join Swansway, Perrys and Auto Trader execs in a FREE live webinar today at 2pm. Swansway’s Peter Smyth, Perrys’ Darren Ardron and Auto Trader’s Karolina Edwards-Smajda will join the next Auto Retail Live Business Briefing on Thursday 8 June to talk about how retailers can get the most out of the second half of 2023. […]
Read More →The NFDA has raised concerns that replacing current retained block exemption rules (MVBER) with an aftermarket instrument “broadly in line with the status quo” does not go far enough to retain today’s “healthy levels of competition” in UK automotive marketplaces. The draft Motor Vehicle Agreements Block Exemption Order (MVBEO) “may leave too much unsaid”, says […]
Read More →Hyundai Motor UK has promoted Managing Director Ashley Andrew to the role of President with immediate effect. Andrew joined the company as Sales Director in 2018 before becoming Tony Whitehorn’s successor as MD. He will continue to lead the UK business, “solidifying Hyundai’s premium volume positioning” and “driving the change to a smart mobility future”, Hyundai said. […]
Read More →A car dealership specialising in high end cars – including Lamborghinis and Aston Martins – has been given permission to develop a new base along with 50 new homes next door close to the M25 on green belt. Grange in Brentwood have been given permission to expand their business. It means Grange Motors will sell […]
Read More →Jason Cranswick has been named MD of Norton Way Motors. The role is in addition to his COO position at parent company Marubeni Auto Investment UK. Companies House data shows Cranswick was appointed on 17 October 2022, but only announced the position last week. Existing MD David Grainger has now retired after running the business […]
Read More →Soper Lincoln BMW has installed two ultra-rapid ABB Terra 360kW electric car chargers. Dealer principal Andrew Tullie claims they are the fastest in the country and can provide 62 miles’ charge in 3 minutes. One unit is on the retailer forecourt, and the other is dedicated to the 15-bay workshop. Each unit can charge two […]
Read More →Every model built by Nissan in the UK now has an electrified version. In Sunderland, manufacture of Nissan Qashqai and Juke has passed the five million mark. Electrified versions of these crossover models are now in full production. The Qashqai features Nissan’s unique e-POWER system. This development is a first for Nissan in Europe. The […]
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