More than 125 Subaru retailers last week heard new MD Lorraine Bishton rule out the agency model and commit to franchised retailers. “The dealer model is here to stay,” she said. “People buy from people.” The event in North Yorkshire was part of a renewed focus on the Subaru brand by parent IM Group, which […]

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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 […]

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In April, the average price of a used car was £17,843. This represents a 1.5% rise on March levels and the largest monthly increase since November 2021. While used car prices have grown on a year-on-year (YoY) basis for 37 consecutive months, the rate of growth has gradually lessened since April 2022 which saw a […]

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