The majority of dealers have changed the profile of cars they stock on forecourts as consumer spending comes under pressure. Sixty-three per cent of dealers have changed the types of cars they are stocking in response to the cost of living crisis, the dealer section of July’s Startline Used Car Tracker shows. More economical cars… Continue reading Dealers change profile of cars in stock as consumer spending falls
Author: Motor Trader Online News
Steer Automotive acquires AW Accident Repair Centres
Steer Automotive Group has acquired AW Accident Repair Centres’ outlets in the East Midlands, including Nottinghamshire, Lincolnshire, Yorkshire and Derbyshire Founded in 1998 by CEO Andrew Walsh, AW Repair Group now has 12 centres, employing 200 staff. Turnover in 2021 was £18.3m. The group opened a new centre in Boston in December 2020 and Libncoln… Continue reading Steer Automotive acquires AW Accident Repair Centres
Used car values averaged £8,451 at BCA in May
Used car values averaged £8,451 at BCA in May 2022. While May 2022 values were down month-on-month (-£131/-1.5%), they were ahead year-on-year by just over 0.5%, with an increase of £44 compared to those seen in May 2021. Data from BCA Valuations shows that used car demand from dealers and car supermarkets is increasingly focused… Continue reading Used car values averaged £8,451 at BCA in May
BCA launches retail ready sales programme for dealers
BCA has launched a daily sales program providing vehicles in a condition that are ready to be retailed. It claims the used vehicle quality standard achieved sits ahead of any of the current standard auction grading. Each vehicles exceeds Grade 1 cosmetic condition, has a clean Assured mechanical report, recently passed a MOT and been… Continue reading BCA launches retail ready sales programme for dealers
Values of used cars sold by dealers rocket 34% in three months to April
The value of used cars sold on finance at the point of sales surged 34% in the February, March, April period, according to the latest figures from the Finance & Leasing Association. But it warned that consumer spending on motors was expected to slow in the second half of the year as inflation and higher… Continue reading Values of used cars sold by dealers rocket 34% in three months to April
Renault Group acquires garage finder start-up Fixter
Renault Group has acquired start-up Fixter, a digital platform that connects retail and professional customers to local garages for vehicle maintenance across all brands. This acquisition is part of the digitalisation of the group’s after-sales business unit. In the independent after-sales market, Fixter will benefit from the support of the multi-brand network of “Motrio” garages… Continue reading Renault Group acquires garage finder start-up Fixter
Isuzu UK appoints thirteen dealers for Isuzu Arctic Trucks sales
Isuzu UK has appointed thirteen current dealers as authorised Isuzu Arctic Trucks dealers. This will enable these selected dealers to support the sales, servicing and requirements for the recently launched All-New Isuzu D-Max Arctic Trucks AT35. S&S Services in Ayr has been appointed in Scotland with KT Green in Leeds covering the north of England.… Continue reading Isuzu UK appoints thirteen dealers for Isuzu Arctic Trucks sales
Dealers ‘more pessimistic’ about used car market
Dealer pessimism over used cars has mounted over the past month amid concerns over the cost of living and uncertainty created by the war in Ukraine. The majority of dealers (79%) are pessimistic about used car prospects compared to 60% last month. Just 12% are optimistic about prospects compared to 33% a month ago, according… Continue reading Dealers ‘more pessimistic’ about used car market
Sunday Times Rich List reveals most affluent dealers
The Sunday Times Rich List has revealed the UK’s most affluent dealers. Geoffrey Warren, owner of Car Giant, topped the list of those who’s wealth comes from car sales, with a worth of £2.552bn, up £1.107bn from last year to be ranked 68th (2021: 148). Lady Philomena Clark and family, owners of Scottish Group Arnold… Continue reading Sunday Times Rich List reveals most affluent dealers
Dacia dealers to get new look showroom interiors in network revamp
Dacia dealers are to get new look interior layout, complementing the new look exterior identity launched in June 2021. The final stage of implementing the new visual identity comes towards the end of the year when the revised logo will feature on all new Dacia vehicles. In January 2021, Luca de Meo, CEO of Renault… Continue reading Dacia dealers to get new look showroom interiors in network revamp