Carwow has bought print and digital media company Autovia for an undisclosed sum. Autovia owns consumer motoring brands Auto Express, evo, DrivingElectric and Carbuyer and an annual automotive satisfaction survey, Driver Power. The aim is to extend Carwow’s audience reach and boost business with dealers and carmakers. Carwow already has huge consumer reach with its… Continue reading Carwow buys Autovia print and digital business for undisclosed sum
Author: Motor Trader Online News
Carwow reveals cars dealers wanted most on its platform in 2023
Carwow has revealed its list of the top 10 individual lots that attracted the most interest from individual dealers at its dealer auctions. A 2017 Ford Fiesta came first in the rankings with 31 offers from dealers, followed in joint second by an Audi S4 and a Volkswagen Golf-R with 28 bidders. Joint fourth place… Continue reading Carwow reveals cars dealers wanted most on its platform in 2023
Half of UK dealers use social media to drive sales in 2024
Almost half of dealers (48%) are planning to use social media to drive sales during 2024, new research shows. The February Startline Used Car Tracker asked car retailers which strategies they planned to use to maximise sales this year. Other answers included offering bigger discounts (38%), encouraging customers to change their cars earlier (36%) and… Continue reading Half of UK dealers use social media to drive sales in 2024
Cazoo sells 36-acre Cold Meece site to Greenhous
Cazoo has sold a 36-acre site in Cold Meece to Greenhous Group for an undisclosed sum. It is the latest in a number of acquisitions which has seen Greenhous Group grow its UK footprint to over 200 acres following similar acquisitions in Upper Heyford and Livingston in the last 12-months alone. Greenhous had previously sold… Continue reading Cazoo sells 36-acre Cold Meece site to Greenhous
Dealers brace for surge of enquiries on motor finance
Dealers and motor finance houses can expect motor finance to shoot up the agenda as Money Saving Expert finance specialist Martin Lewis launches a new campaign highlighting commission payments. In January the Financial Conduct Authority (FCA) said it was going to investigate historical cases of motor finance companies not paying out compensation to customers for… Continue reading Dealers brace for surge of enquiries on motor finance
Steer Automotive buys Lovells and Pronto 11 bodyshops
Steer Automotive Group has acquired Lovells Auto Body Centres and Pronto Accident Repair Centres for an undisclosed sum. Lovells and Pronto’s have 11 bodyshops across the East of England complements the current East Midlands’ footprint. Lovells Auto Body Centre emerged in 1972 from the Lovells family garage which was first established in Peterborough during the… Continue reading Steer Automotive buys Lovells and Pronto 11 bodyshops
KGM Motors UK dealers celebrate Long Service Awards
KGM Motors UK, which recently rebranded from SsangYong Motors UK, has awarded its longest serving dealers at a “Dealer Recognition Awards” event held at the Royal Lancaster hotel in London on 27th January, 2024. The award recipients earned praise for their length of service of up to 20-years with the brand. Kevin Griffin, managing director at… Continue reading KGM Motors UK dealers celebrate Long Service Awards
JCB Group buys Ashford Orbital Kia, Mazda and Suzuki dealerships
JCB Group has acquired Ashford Orbital and its Kia, Mazda and Suzuki dealerships on a 2.5 acre site in Ashford for an undisclosed sum. The move follows hard on the phrchgase of Tunbridge Wells Volkswagen in December. JCB is ranked 79 in the Motor Trader Top 200 Dealer Groups with annual turnover of £192.5m. Ashford Orbital… Continue reading JCB Group buys Ashford Orbital Kia, Mazda and Suzuki dealerships
Dealers pass over poor condition vans at auction
Dealers are increasingly ignoring poor condition vans at auction requiring a lot of remedial work before going on sale. That’s the view of the Vehicle Remarketing Association (VRA) and its meeting of 2024. Julian Pullen, senior editor, commercial vehicles and motorcycles, cap hpi, said: “It used to be said that if a van needed £1,000… Continue reading Dealers pass over poor condition vans at auction
Ferrari UK dealers take part in National Apprenticeship Week
Ferrari’s UK dealer network is supporting National Apprenticeship Week 5-11 February, The 15 UK dealerships will open their workshop doors to host open day events, promoting potential job opportunities through the Ferrari North Europe Apprenticeship Programme. This programme is suitable for those who have achieved at least 5 GCSEs (at grade four or above). It… Continue reading Ferrari UK dealers take part in National Apprenticeship Week