Franchised dealers will continue to see strong demand in the used car segment driven by a combination of consumer demand and a lack of supply of new vehicles. That’s the view of Sue Robinson, CEO of the National Franchised Dealers Association (NFDA), commenting on the latest SMMT’s used car figures. “Looking ahead, used car values… Continue reading Dealers to see ‘strong demand’ for used cars in 2023.
Author: Motor Trader Online News
Dealer Auction reveals most profitable used cars for dealers
The Land Rover Discovery Sport and Land Rover Range Rover Evoque were the two most profitable used cars for dealers in January delivering margins of £3,380 and £3,080 respectively. Launched in January 2022, Dealer Auction’s Retail Margin Monitor tracks the potential retail margin that can be achieved on vehicles sold on Dealer Auction’s open network.… Continue reading Dealer Auction reveals most profitable used cars for dealers
Majority of dealers don’t use personalised videos for used car sales
The majority of dealer groups are still not using video to help drive used car sales. Research carried out by CitNOW found that 80% of the top 100 dealer groups by turnover are not offering the option to request a personalised video within their used car listings. In a survey of 1,000 UK motorists commissioned… Continue reading Majority of dealers don’t use personalised videos for used car sales
Clive Brook sells Volvo dealerships to Ray Chapman Motors
Clive Brook Volvo has sold its two dealerships to family-run company, Ray Chapman Motors following the decision by founder and MD Clive Brook to retire. The company’s Bradford and Huddersfield dealerships will be taken over by Ray Chapman Motors, who already operate Volvo franchises in neighbouring Malton and York. Latest figures filed at Companies House… Continue reading Clive Brook sells Volvo dealerships to Ray Chapman Motors
MG Motor awards top dealers at annual conference
MG Motor UK has congratulated its network of 156 dealerships following a record year for sales in 2022. The company secured its position as the fastest growing mainstream car brand for a second time and won the Carmaker of the Year Award at the Motor Trader Retail Industry Awards in London. As part of its… Continue reading MG Motor awards top dealers at annual conference
Charity Ben invites applications from dealers to run London Marathon
Automotive industry charity Ben has limited spaces available for automotive runners who want to run the London Marathon 2023 on 23 April. To take part, each participant needs to raise £2,000 for Ben and pay the £60 application fee. London is the UK’s most iconic marathon, always attracting a huge crowd of supporters and the… Continue reading Charity Ben invites applications from dealers to run London Marathon
Dealers should be on “high alert” following recent cyber attacks
Dealers are being warned that 2023 could see record levels of cybercrime as the cost of living crisis deepens. Mad Devs has advised dealers to be on high alert and work closely with their suppliers to ensure that security measures are in place and followed. A recent study by security experts CyberEdge found that in… Continue reading Dealers should be on “high alert” following recent cyber attacks
Government MoT extension has ‘huge impact’ on dealers’ aftersales records
The government’s six-month extension of MOT-due dates in March 2020 has had a “huge impact” on the accuracy of the aftersales records of dealers across the UK. That’s the view of Marketing Delivery, which examined 150,000 customer vehicle records held by 100 dealers and found that 41% of the MOT-due dates were correct. In… Continue reading Government MoT extension has ‘huge impact’ on dealers’ aftersales records
Dealers see 13% decline in new and used car sales in December
Dealers across the UK saw the number of enquiries fall by 10.3% in December against the same month last year, Lead management firm iTrackLEADS reported that test drives declined by 7% and sales of new and used vehicles by 13%. IT said manufacturing delays and shortages of used stock continued to be an issue, with… Continue reading Dealers see 13% decline in new and used car sales in December
John Banks acquires Ipswich Renault and Dacia from Marriott Motor
John Banks has acquired Renault & Dacia Ipswich from the Marriott Motor Group It now represents Renault and Dacia in Cambridge and Ipswich, Honda in Bury St Edmunds, Cambridge & Ipswich, Suzuki in Bury St Edmunds and Ipswich and Hyundai in Cambridge. The group plans further expansion in Colchester this year. John Banks CEO Melanie… Continue reading John Banks acquires Ipswich Renault and Dacia from Marriott Motor