Used car stock availability and vehicle prices continue to be top challenges cited by car dealers for 2022. New research from WMS Group found that 85% of dealers are concerned over the availability of used car stock and 71% over high pricing. The research is captured in WMS’ new ‘From the Forecourt’ mini-report ‘Adapting to… Continue reading Used car stock availability is ‘biggest concern’ for dealers
Author: Motor Trader Online News
Sherwoods Motor Group acquires Sunderland Citroen dealership
Sherwoods Motor Group has taken over Citroen dealership Town Centre Automobiles, in Sunderland The history of Town Centre Automobiles dates back to December 1977, with the opening of a showroom in Villiers Street, in the heart of Sunderland city centre. Originally called Town Centre Garage Ltd, the business was founded by Sunderland born and bred… Continue reading Sherwoods Motor Group acquires Sunderland Citroen dealership
Vertu Motors acquires former Reg Vardy site for used business
Vertu Motors has acquired a former Reg Vardy site in Stockton for a new Bristol Street Motors MotorNation used car dealership. Robert Forrester, CEO Vertu Motors, said via Twitter: “Today we completed the assignment on the old Reg Vardy Stockton Rover, which we will reopen as a Bristol Street Motors MotorNation. I have fond memories… Continue reading Vertu Motors acquires former Reg Vardy site for used business
Motorvise MD advises dealers to stage Q1 sales events
A willingness by car dealerships to stage Q1 sales events could be crucial to their profitability during 2022, according to founder and managing director of MotorVise Automotive Fraser Brown. He said that with supplies of new cars yet to return to pre-pandemic levels, due in large part to the ongoing global shortage of microchips, there… Continue reading Motorvise MD advises dealers to stage Q1 sales events
Rocketing used car values, digital drive, acquisitions
The past year has been an extraordinary one with dealers having to adapt to a rapidly changing market. Cazoo has spent the year sponsoring major sports events to build its brand in the UK and Europe, buying in logistics, refurbishment, fleet and leasing services to ramp up sales. It is joined by cinch (owned by… Continue reading Rocketing used car values, digital drive, acquisitions
BLOG: Dealers should be ready for increased online sales in early 2022
The potential impact of the Omicron variant on consumer behaviour means that dealers should gear up for increased levels of online sales early in 2022, iVendi is advising. Darren Sinclair, CCO, said: “If the virus does prove to spread as rapidly as experts fear, there is every chance that it will affect how much contact… Continue reading BLOG: Dealers should be ready for increased online sales in early 2022
Peugeot dealers begin to receive new corporate identity
Peugeot ’s UK retail network is being updated in line with PEUGEOT’s new corporate identity. With site transformations already underway and a plan in place for implementation across the whole UK network, customers visiting Peugeot stores will experience refreshed showrooms, now sporting the updated and impactful new brand logo. Peugeot s new corporate identity will… Continue reading Peugeot dealers begin to receive new corporate identity
Marshall board recommends accepting Constellation takeover bid
The Board of Marshall Motor Holdings (MMH) has given an update to the takeover bid from Constellation, recommending that the offer is accepted. Constellation made the offer of 400 pence per share on 29 November 2021. The offer is conditional on Bidco having received acceptances carrying more than 50% of the voting rights of MMH,… Continue reading Marshall board recommends accepting Constellation takeover bid
Subaru UK dealers to provide free comprehensive safety check to customers
Subaru UK dealers will now provide a comprehensive safety check at no cost to customers. The Quick Check programme will also provide customers with a set of free wiper blades, washer fluid top-up if required and an air freshener. The Subaru Quick Check is a full 38-point check to ensure the customer’s vehicle is safe… Continue reading Subaru UK dealers to provide free comprehensive safety check to customers
Dealers see surge in interest in EVs
Dealers are now beginning to see an acceleration in interest in electric vehicles as carmakers gear up to meet the government’s net zero emissions by 2050. This month we saw The National Franchised Dealers Association (NFDA) reveal that it has now accredited over 200 dealers on its Electric Vehicle Approved (EVA) scheme, which has been… Continue reading Dealers see surge in interest in EVs