The majority of dealers , 90% say the used electric car sector needs an industry-wide scheme for battery health tests. August’s Startline Used Car Tracker shows 78% believe battery health is an essential consideration for most electric car buyers. However, there is some difference of opinion about how this should be delivered – 38% think… Continue reading Dealers call for industry-wide used car battery health check tests
Author: Motor Trader Online News
Dealers welcome interest rate cut in the face of ‘stalled’ new car market
Dealers have given a broad welcome to the Bank of England cut Interest Rates to 4%. The cut, from 4.25%, is the fifth the BoE has announced since August last year. Sue Robinson, chief executive of the National Franchised Dealers Association (NFDA) representing car and commercial retailers across the UK: “As expected, the Bank of… Continue reading Dealers welcome interest rate cut in the face of ‘stalled’ new car market
Skywell strengthens representation with new dealers
Skywell UK has strengthened its dealer network in Eastern England with the addition of three new sites, operated by Abbeygate Cars and JS Holmes. Abbeygate’s Wymondham showroom offers new and used car sales, with the addition of an equipped workshop, EV qualified technicians, and a parts department, to provide full dealer sales and aftersales offering.… Continue reading Skywell strengthens representation with new dealers
TrustFord acquires Trowbridge Ford dealership
TrustFord has acquired a Ford dealership from Islington Motor Group in Trowbridge. The Group has also taken over the Ford franchise for new car, commercial vehicle and servicing in the Trowbridge and Westbury areas. The site became fully operational under TrustFord from 12 July. Trowbridge and Westbury’s existing teams joined and are being trained on… Continue reading TrustFord acquires Trowbridge Ford dealership
Some dealers ‘doing better than others’ at gathering info on motor finance transactions
Legal expert at Motor Industry Legal Services (MILS) Professor Henry Blair said it was difficult to know at present how the FCA redress scheme will play out as details are not know yet known on the processes that will be used. MILS is working with dealers and the National Franchised Dealers Association (NFA) and has… Continue reading Some dealers ‘doing better than others’ at gathering info on motor finance transactions
Auto Trader Deal Builder solution now available to all dealers
Auto Trader’s AI-driven digital retailing solution, Deal Builder, is now available to all retailers. The solution delivers higher converting deals, and faster and more efficient sales. Unlike traditional leads, deals built through Deal Builder show much higher purchase intent, with top retailers converting over 80% of reserved vehicles. Notably, 84% of buyers who build a… Continue reading Auto Trader Deal Builder solution now available to all dealers
Marshall Motor acquires SEAT and Cupra Reading from Citygate
Marshall Motor Group has acquired SEAT & Cura Reading from Citygate Automotive. This acquisition strengthens Marshall’s representation of the SEAT & Cupra brands and enhances its presence in the Thames Valley region. The acquisition includes the full transfer of sales and aftersales operations at the Reading store on Peppard Road, which is located in a… Continue reading Marshall Motor acquires SEAT and Cupra Reading from Citygate
Dealers warned AI is going to impact website performance
Jukebox Marketing has warned dealers that AI search is going to impact website performance. Google has expanded its use of AI Overviews (AIOs) in Google. As of October 2024, AIOs are occupying the top spot of over 20% of Google search results. Stephen Jury, MD of Jukebox, said: “With many searching for the perfect car… Continue reading Dealers warned AI is going to impact website performance
IMDA urges dealers to review websites
The IMDA (Independent Motor Dealers Association) is urging all members, and the wider independent dealer network, to review their websites in light of updated government legislation. There have been updates under the Digital Markets, Competition and Consumers Act 2024. The updates are enforceable and must be visible on dealer sites. Umesh Samani, IMDA Chairman, said:… Continue reading IMDA urges dealers to review websites
RAA dealers to offer Buy Now Pay Later finance in new deal
The Retail Automotive Alliance has struck a deal for its members to to roll-out Buy Now Pay Later finance products through service and repair centres in a deal with Payment Assist Ltd (PAL). The RAA is a buying group representing 32 franchised dealer groups with annual turnover of £4.1bn. The network collectively ranks as the… Continue reading RAA dealers to offer Buy Now Pay Later finance in new deal