This Motor Trader Podcast in association with Mann Island focused on Consumer Duty which came into effect in July last year. What sort of impact has it had on dealers? What are the areas the FCA has focused on? What’s on the cards for this year and next? And how can dealers use Consumer Duty… Continue reading MT Podcast Consumer Duty, its impact on dealers and the year ahead
Author: Motor Trader Online News
Vertu reports stable used car values but new car market ‘uncertain’
Vertu Motors flagged up what it described as an “uncertain” new car market in a trading update prior to the release of its full year results on 15 May. IT sais while the used car market had stabilised falling price falls in 2023, carmakers faced a “daunting” task to manage volumes of ICE and BEVs… Continue reading Vertu reports stable used car values but new car market ‘uncertain’
Renault dealers to boost customer service with Keyloop Leads portal
Renault dealers are now using a new customer enquiry portal powered by Keyloop Leads. The platform allows retailers to help from their phones and desktops. The responses are branded, contain additional attachments such as brochures and videos and are personalised by the salesperson to the customer’s enquiry. Renault UK partnered with Keyloop Leads to create the… Continue reading Renault dealers to boost customer service with Keyloop Leads portal
Used car values rise in February after 11 months of decline
Average used car values at three years and 60,000 miles moved into the positive in February, the first increase for almost a year. The small increase of 0.7%, equivalent to £50, marked the first increase since March 2023. The increase is the fourth largest upward movement in February since Cap Live was launched in 2012.… Continue reading Used car values rise in February after 11 months of decline
BMW names top performing UK dealers in 2023
BMW UK last week named its top performing UK dealers in 2023 in an event held at Tate Britain. The annual ‘Retailer of the Year’ awards recognised excellence across 12 categories, with Barretts Canterbury winning the overall BMW Retailer of the Year 2023 title. The Sales category was won by Ocean Falmouth; Marketing by Williams… Continue reading BMW names top performing UK dealers in 2023
Volkswagen UK names top performing award-winning dealers
Volkswagen UK has celebrated outstanding performance across its dealer network in 2023. Inchcape Volkswagen in Bury secured the main prize of Retailer of the Year 2023 after finishing top of Volkswagen’s network league table. Its sister site, Inchcape Volkswagen in Shrewsbury, finished second, while Murray Volkswagen in Newton Abbott secured third place. The wider Murray… Continue reading Volkswagen UK names top performing award-winning dealers
Motorway launches new transport offer for dealers
Motorway has launched Motorway Move, an end-to-end transportation solution for dealers purchasing stock with Motorway. It is powered by two new technologies, Motorway Collect, a vehicle appraisal app and Motorway Dispatch transport management system. With Motorway Collect, the driver collecting the vehicle has access to the same vehicle profile from the Motorway daily sale.… Continue reading Motorway launches new transport offer for dealers
John Clark acquires Peter Vardy ex-CARZ site in Dundee
John Clark Motor Group has acquired the former Peter Vardy CARZ premises in Dundee for an undisclosed sum. John Clark, headed up by group MD Chris Clark (pictured) told The Courier it did not currently have details of the brands going into the site or when it would open. It said the premises, which thousands… Continue reading John Clark acquires Peter Vardy ex-CARZ site in Dundee
BLOG Key takeaways from US car dealers
The final quarter of 2023 has been a revealing period for the US car dealership industry, marked by resilience and strategic agility amidst ongoing challenges. The earnings presentations from Penske Automotive Group, Group 1 Automotive, Sonic Automotive, Lithia Motors, and AutoNation offer a panoramic view of the sector’s health and future direction. This analysis delves… Continue reading BLOG Key takeaways from US car dealers
D.M. Keith buys Colin Appleyard Suzuki dealerships
D.M. Keith Motor Group has bought Suzuki dealer group Colin Appleyard for an undisclosed sum. Colin Appleyard represents Suzuki in Bradford, Keighley, Ashton-Under-Lyne and Huddersfield. It was founded by the late Colin Appleyard in 1971 and run by his son Robin Appleyard since 2010. The acquisition, D.M. Keith’s first venture with Suzuki, sees the group… Continue reading D.M. Keith buys Colin Appleyard Suzuki dealerships