Just under four years since opening the showroom, Luscombe MG Leeds has sold its 5000th new MG vehicle. The showroom opened in June 2020, following a two-month delay caused by the COVID-19 pandemic and the first nationwide lockdown. Since then, it has held a launch event for the MG3 Hybrid+ and hosted the flagship MG… Continue reading Luscombe MG Leeds sells 5000th new MG vehicle
Author: Motor Trader Online News
City West Country acquires Exeter Mercedes-Benz van centre
City West Country has acquired Mercedes-Benz Van Centre in Exeter which will exclusively sell new vans. The dealership has been owned and operated by Snows Motor Group since 2017. Trading as Mercedes-Benz South West, City West Country has a long history of Approved Used Van Sales and Van After Sales. Mike Wickins, MD of City… Continue reading City West Country acquires Exeter Mercedes-Benz van centre
Stellantis &You expands with Vauxhall dealership acquisition
Stellantis &You, Sales and Services has acquired the Vauxhall dealership in Selly Oak, Birmingham as part of ongoing multi-franchise expansion plans. The showroom is its first Vauxhall presence outside of London. The Birmingham South retailer will continue to offer new cars and vans. There is also a dedicated used car forecourt occupying around 70 vehicles.… Continue reading Stellantis &You expands with Vauxhall dealership acquisition
Over 250 new dealers sign up to RAC Dealer Network
Over 250 new dealers have signed up to the RAC Dealer Network in the last 12 months, the biggest period of growth since its launch in 2008. The new dealers include Cotswold Motor Group, Harvey’s Autos, Curtis Cars, Carzar, AA Car Sales and Toomey Car Store. Lee Coomber, RAC client director at Assurant, said: “It’s… Continue reading Over 250 new dealers sign up to RAC Dealer Network
G3 Vehicle Auctions acquires Cazoo Wholesale
G3 Vehicle Auctions has acquired the Cazoo Wholesale business to create a new ‘G3 Bedford’ auction facility which will undergo a ‘seven-figure’ investment over the next 12 months. The centre will be fully operational with a newly formed sales schedule being released soon, continuing operations as it undergoes development. G3 has secured the premises, land… Continue reading G3 Vehicle Auctions acquires Cazoo Wholesale
Motorway launches real time payments for dealers
Motorway has introduced real time payments to its Motorway Pay platform to enable dealers to transfer funds for vehicles at the point of purchase. It said one year on from launch, the platform has handled £1.2bn in completed payments, with hundreds of dealers now managing vehicle purchases through the platform. The platform is now also… Continue reading Motorway launches real time payments for dealers
Aston Barclay names ‘most desirable’ used EVs for dealers
Car buyers are embracing the latest EV models when they reach the second-hand market for the first time according to Aston Barclay’s April desirability index. The Tesla Model Y, Audi Q4, Polestar 2, Skoda Enyaq and Vauxhall Mokka X all appeared in April’s index of the top 10 most desirable used EVs. The index which… Continue reading Aston Barclay names ‘most desirable’ used EVs for dealers
BLOG Will Keyloop and ATG coming together benefit dealers?
The acquisition of ATG by Keyloop brings together two of the largest technology companies that support a large number of franchised and independent dealers across the UK. The question for the industry is whether the coming together of these two companies will benefit retailers. The news made headlines a few weeks ago, and the deal… Continue reading BLOG Will Keyloop and ATG coming together benefit dealers?
Lloyd Group acquires Walkingshaw VW and Kia
Lloyd Group has further expanded its footprint in Cumbria with the acquisition of N&M Walkingshaw Volkswagen and Kia in Workington. Preparing to represent VW for the first time, Sam Lloyd, MD of Lloyd Group said: “The acquisition will see us adding the Volkswagen brand to our portfolio whilst also strengthening our market position with Kia.… Continue reading Lloyd Group acquires Walkingshaw VW and Kia
A quarter of customers return to dealers for repeat business
Dealer loyalty is still a strong factor for customers when buying new and used cars. A third of consumers, 38%, rely on car dealers’ advice and 26% go back to the same dealer they have used before. Brand loyalty is still a strong factor in car purchasing, according to research from Close Brothers Motor Finance .… Continue reading A quarter of customers return to dealers for repeat business