Kia UK is aiming to drum up fleet SMR work in its UK dealer network with the launch of the Kia Business Service Promise. Fleets traditionally have the work carried out elsewhere on the grounds of cost. The new Kia Business Service Promise is available across Kia’s 192 UK dealer partners, allowing any Kia qualifying… Continue reading Kia launches scheme to drum up dealers fleet SMR work in network
Author: Motor Trader Online News
Lloyd Motor Group acquires Volvo business near Kendal
Lloyd Motor Group has announced its acquisition of the Volvo Cars business in Levens, near Kendal, from P.V Dobson. The business will be renamed Lloyd South Lakes – Volvo Cars, and will welcome customers across the south Cumbria and north Lancashire regions. Lloyd Motor Group also recently acquired its Lloyd Kia South Lakes site in… Continue reading Lloyd Motor Group acquires Volvo business near Kendal
Endeavour expands Suffolk footprint with Turners acquisition
Endeavour Automotive has added two new Hyundai businesses to its network with the acquisition of Turners in Suffolk. John Caney, Endeavour Automotive, took to LinkedIn to announce the news. He said: “Delighted to announce this morning the acquisition of two Hyundai businesses and body shop from Turners of East Anglia, expanding the group’s footprint into… Continue reading Endeavour expands Suffolk footprint with Turners acquisition
Marshall posts £96.2m PBT in first results since takeover
Marshall has posted an underlying profit before tax of £96.2m, up from £20.9m (31 December 2020). In the 15 months to 31 March 2022, the company saw revenue grow to £3.8bln from £1.6bln (2020), in a period that was extended because of its takeover and de-listing from the London Stock Exchange. Marshall said that “unprecedented… Continue reading Marshall posts £96.2m PBT in first results since takeover
Final call for dealers to attend EV Retail Summit, Birmingham, Thursday 6 October
Dealers are lining up for the EV Retailing Summit taking place at the Eastside Rooms, Birmingham tomorrow. Vertu, Inchcape, Allen Ford and Perrys are among the dealer groups taking part in the event, which is free to attend for dealers. In the session on motor finance and EVs Andy Muir, head of sales at Mann… Continue reading Final call for dealers to attend EV Retail Summit, Birmingham, Thursday 6 October
Dealers can provide more advice to customers on electric alternatives
Dealers have an opportunity to provide advice to customers choosing to stay with ICE rather than consider electric alternatives. JudgeService has identified a mix of stoicism and indecision among some car buyers when it comes to taking practical steps to mitigate the cost of living crisis. When asked whether pump prices, which spiralled to record… Continue reading Dealers can provide more advice to customers on electric alternatives
BLOG: HMRC email targets motor dealers and SAOs
In an unusual move, HMRC have directly targeted motor dealers with an educational email and video aimed at reducing the frequent VAT errors discovered on VAT inspections. Many businesses have been left much to their own devices while HMRC have been distracted by the twin challenges of Brexit and COVID, VAT enquiries at motor retailers… Continue reading BLOG: HMRC email targets motor dealers and SAOs
CitNOW expands dealer offer with Auto Imaging acquisition
Supplier of digital video services to the motor sector CitNOW Group has bought Auto Imaging for an undisclosed sum. Auto Imaging is a supplier of digital solutions for the UK motor industry, enabling dealers to capture more consistent vehicle imagery, provide immediate quality control of imagery, automated stock video, and accelerate their deployment within online… Continue reading CitNOW expands dealer offer with Auto Imaging acquisition
Dealers receive government energy support package
The motor sector has welcomed government moves to help businesses with rising energy bills. The Business Secretary Jacob Rees-Mogg today unveiled a new government Energy Bill Relief Scheme. The government will provide a discount on wholesale gas and electricity prices for all non-domestic customers whose current gas and electricity prices have been significantly inflated in… Continue reading Dealers receive government energy support package
Average used car values fall in August at BCA
Average monthly used car values at BCA slipped back in August 2022. This was principally driven by a changing model mix through the online auction channel. Values averaged £8,954 across the board at BCA in August, down from £9,464 the previous month, with performance against guide values down marginally on July at 97.3%. Encouragingly, sold… Continue reading Average used car values fall in August at BCA