Almost half of dealers, 45%, believe the government will have to do more to support new electric car sales in the future. And a third, 35%, believe that core problems stopping people electrifying – such as charging infrastructure – haven’t been addressed, according to the Startline used car report. A third of dealers, 32%, also… Continue reading Dealers believe government ‘did not go far enough’ on ZEV Mandate changes
Author: Motor Trader Online News
Bumper acquires Cocoon digital payment platform
Bumper has acquired Cocoon Payments, the UK-based business providing a digital payments platform to the car retailing sector. The acquisition follows Bumper’s November 2024 purchase of AutoBI, the specialist provider of business intelligence tools for car retailers and OEMs. Bumper was previously called Auto Service Finance, which won the Motor Trader Finance Product of the… Continue reading Bumper acquires Cocoon digital payment platform
BLOG New tech means indies compete with franchised dealers on equal terms
The vehicle remarketing sector in the UK is undergoing a quiet but profound transformation. Technology, once a supporting act, is now taking centre stage by reshaping how vehicles are sold, how decisions are made, and, crucially, who gets to play. For years, the playing field has tilted in favour of large dealer groups and supermarkets,… Continue reading BLOG New tech means indies compete with franchised dealers on equal terms
Lloyd Motor Group gets first Skoda dealership with Telford acquisition
Lloyd Motor Group has bought Telford Škoda for an undisclosed sum. The deal marks Lloyd Motor Group’s first partnership with Škoda and represents a significant addition to the company’s expanding franchise portfolio. Located on Chandler Way, Parkhouse, Carlisle, the dealership serves customers across Carlisle, Cumbria, and the Scottish Borders. Lloyds is based in northern England… Continue reading Lloyd Motor Group gets first Skoda dealership with Telford acquisition
Dealers adopt flexible working patterns to boost staff recruitment and retention
Dealers are increasingly adopting flexible working patterns to help with staff recruitment and retention. A new report from consultants Ennis & Co found Where hybrid working is possible for certain roles, for office workers the balance is generally two days in the office and three at home, or vice versa. “One retailer mandates employees to… Continue reading Dealers adopt flexible working patterns to boost staff recruitment and retention
Kia names dealers who will sell its new PBV commercial vehicle range
Acorn, BurntwoodAcorn, CreweAcorn, St HelensAllen Group, GillinghamAllen Group, NuneatonAllen Group, Milton KeynesArnold Clark, LiverpoolArnold Clark, GlasgowBel Royal Motors, JerseyBirchwood, EastbourneBolton Kia, BoltonBoongate, PeterboroughBrayley, HatfieldBrindley, West BromwichBurton Kia, Burton-on-TrentCitygate, High WycombeDowneys, NewtownardsEdwards, KempseyEMG, DuxfordEMG, Kings LynnEvans Halshaw, HullF J Chalke, WincantonForest Road Garage, GuernseyGatwick Kia, CrawleyGravells, KidwellyGroup 1, BasingstokeGWR, BrentfordHalliwell Jones, ChesterHawkins Motors, St AustellHendy, BournemouthHendy,… Continue reading Kia names dealers who will sell its new PBV commercial vehicle range
Competition & Markets Authority probes BCA acquisition of Aston Barclay
The Competition Market Authority (CMA) is investigating the completed acquisition by Constellation Developments of Aston Barclay. It has served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on 13 May 2025. The CMA is considering whether the deal would lead to a “substantial lessening of competition” in the wholesale used car… Continue reading Competition & Markets Authority probes BCA acquisition of Aston Barclay
Dealer Auction reveals model offering dealers highest profit potential
The MINI Countryman provided dealers with April’s highest profit potential, in the sub-£10,000 retail bracket, according to Dealer Auction’s Retail Margin Monitor. With an average retail margin of £2,650, the highest margin recorded for a model this year, the model was also the fastest mover in the chart (selling in 29 days on average). The… Continue reading Dealer Auction reveals model offering dealers highest profit potential
UK dealers anticipate arrival of Renault Twingo
Fabrice Cambolive, Renault brand CEO, has announced that the Renault Twingo will join the UK’s electric line-up. The launch of the Renault 5 at Future Stores on Oxford Street turned heads in March. With this new announcement, visitors to UK Renault dealerships will eventually be able to also meet the Renault Twingo. In a LinkedIn… Continue reading UK dealers anticipate arrival of Renault Twingo
EVs are helping dealers to secure ‘impressive’ profit margins
Alternatively fuelled vehicles (AFVs) have displayed a steady performance in April, with specific EVs securing some impressive profit margins, according to Dealer Auction’s EV Performance Review (EVPR). AFV bids on the platform grew from 5,772 in March to 5,968 in April. The average age remained low – unchanged at 3.4 years, maintaining the lowest levels… Continue reading EVs are helping dealers to secure ‘impressive’ profit margins