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 →

Tom Kilroy, James Smullen and Charlotte Murray are confirmed as the speaking panel for the next Auto Retail Network webinar. Keyloop CEO Tom Kilroy, Waylands director James Smullen and Marketing Delivery commercial director Charlotte Murray will discuss the technology in retail revolution in an exclusive, free-to-join webinar which will take place on 27 July. Key […]

Read More →

In 2021, auto retailers achieved their highest net profit margin in the history of the BDO Motor 150 Report. The Motor 150 group of retailers also surpassed £1bn in pre-tax profits for the first time by reaching an extraordinary £1.7bn, compared to £449m in 2020. The largest 75 auto retail groups achieved a 2.39% net […]

Read More →

Franchised dealer group JCT600 is now representing iconic British motoring brand MG Motor UK on Sticker Lane, Bradford. Whilst current lockdown restrictions are in place, the full range of vehicles are still available to view, reserve and buy online at www.JCT600.co.uk. Customers are able to use JCT600’s ‘click and collect’ or trusted home delivery service.  Service, […]

Read More →