The fastest selling electric vehicles (EVs) are selling five times faster than the slowest selling EVs. The fastest new EV car to retail in June on Auto Trader was the Hyundai IONIQ 5, which sold in 21 days followed by the MG5 and Tesla Model 3, both selling in 22 days. Also in the top… Continue reading Check out UK dealers’ fastest and slowest selling EVs
Author: Motor Trader Online News
Ford accelerates roll-out of EV sales
Ford is to scale up production of electric vehicles to 600,000 a year by late 2023. Ford said a multichannel approach with a strong dealer presence gave provided the best experience for EV owners of the future. “This is our opportunity to win a whole new group of customers, building their loyalty and advocacy as… Continue reading Ford accelerates roll-out of EV sales
BLOG Dealers will once again prove flexible and resilient
As we pass the half point of the year, we take a temperature check of the UK Automotive Retail sector, looking at the key themes and how these impact the PLC dealers. The sector showed exceptional resilience and flexibility in the pandemic, followed by very strong trading in 2021. We expect that dealers will once… Continue reading BLOG Dealers will once again prove flexible and resilient
BLOG Should dealers get a commission on over-the-air sales?
Most manufacturers have some ambition in their strategic plan to generate some billions of additional profit in a few years from the sale of digital services. Inspired by companies like Apple, these are seen to be very high margin products delivered over-the-air throughout an extended period of the life of the car. This is not… Continue reading BLOG Should dealers get a commission on over-the-air sales?
Stellantis mobility arm acquires European car sharing business
Stellantis’ Free2move has announced the completion of the acquisition of Share Now, the free-floating car sharing company in Europe. With this acquisition, Free2move continues its plans to expand its mobility hubs concept to 14 new cities. Share Now’s executive management team remains in place. “We are very enthusiastic about the new chapter we are about… Continue reading Stellantis mobility arm acquires European car sharing business
Chorley Group acquires Vantage Citroen in Blackpool
Chorley Group has acquired Vantage Citroen in Blackpool. Blackpool Citroen will form part of Chorley Group’s current Blackpool set-up offering, Kia, Nissan and Hyundai. Adam Turner, managing director at Chorley Group, said: “We are really excited to welcome Blackpool Citroen to the Chorley Group family and see it as a great addition to our group.”… Continue reading Chorley Group acquires Vantage Citroen in Blackpool
Customers demand prompt response to queries from dealers
Customers do not dealers a second chance if they fail to get prompt responses to their enquiries. That’s the key finding from eBay Motors Group research which found that 41% of customers do not phone a dealer within 48 hours of their missed calls or voicemails not being returned and 21% making calls to other… Continue reading Customers demand prompt response to queries from dealers
Dealers respond to Nissan disposal of West Way group
The disposal of Nissan GB of its 13 West Way dealerships has attracted a lot of interest from retailers and suppliers on LinkedIn. Motor Trader reported that nine of the dealerships in Birmingham, Wolverhampton, Rochdale, Stockport, Altrincham, Coventry, Stourbridge, Oldham and Manchester, including Head Office and group support functions, are being bought by an unnamed… Continue reading Dealers respond to Nissan disposal of West Way group
Nissan Motor (GB) sells 13 West Way sites to dealer groups
Nissan Motor (GB) has sold its 13 West Way sites it owns to a handful of dealer groups. The acquisitions will be completed by the end of August, with 450 West Way employees transferring. The latest results filed at Companies house saw Westway turning in £9.1m pre-tax loss in 2020 on turnover of £285.5m. Yeomans… Continue reading Nissan Motor (GB) sells 13 West Way sites to dealer groups
Armstrong Watson acquires ASE professional services arm
Armstrong Watson has acquired the professional services arm of global automotive solutions provider ASE. ASE’s specialist automotive tax, audit and accountancy team has joined Armstrong Watson in a new office based in Cheadle, Greater Manchester, with motor dealer tax expert, Michelle Malone, heading up the firm’s Automotive sector. Rob Jones, former Director of ASE said:… Continue reading Armstrong Watson acquires ASE professional services arm