Autorola UK is offering dealers a white label version of its online wholesale used car sales portal to support dealers in disposing of unwanted or over age stock. The portal gets dealer’s used cars in front of other wholesale buyers digitally without any of the transport costs. Peugeot, Citroen, Skoda, SEAT, VW Commercials, Audi, Nissan,… Continue reading Autorola offers dealers white label car disposal portal
Author: Motor Trader Online News
Isuzu to recruit 10 dealers to network in 2021
Isuzu is looking to recruit 10 dealers to its network in 2021 as it gears up for the launch of the All-New Isuzu D-Max. Ten new dealers were appointed in 2020 and a further ten are expected in 2021 to increase the brand’s network coverage and cater for its first all new launch since 2012.… Continue reading Isuzu to recruit 10 dealers to network in 2021
Top Renault dealer acquires Vauxhall specialist
Lowestoft-based Mitchells, Groupe Renault UK’s 2019 top-performing dealership, has acquired Kerridges at Halesworth, a third-generation family-run Vauxhall specialist and used car garage. Matthew Huke-Jenner, Mitchells managing director and owner, said he was in talks with some carmakers about taking on a franchise and a decision would be made in early 2021. “We will be continuing… Continue reading Top Renault dealer acquires Vauxhall specialist
Renault Retail Group sells London dealership for £39m
Renault Retail Group has sold its flagship premises at Concord Road on the Western Avenue for £39m. The group has entered a short-term, two-year lease back on the property to allow time for relocation. In results filed at Companies House it said turnover in 2019 was £501.8m compared to £545.5m the previous year with reduced… Continue reading Renault Retail Group sells London dealership for £39m
Dealers saw increase on 2019 December orders, says Dealerweb
Dealers in the UK saw orders for new vehicles rise by 9.5%, against December 2019, as 2020 drew to a close. According to the latest data from Dealerweb. Orders for used vehicles fell by 10% while the average sale price increased from £18,682 to £20,900. Enquiry levels fell for both new and used vehicles by… Continue reading Dealers saw increase on 2019 December orders, says Dealerweb
Vertu buys BMW and MINI dealerships from Inchcape
Vertu Motors has bought BMW and MINI dealerships located in York, Sunderland, Teesside, Durham and Malton from Inchcape. The £18.7m deal also included a BMW Motorrad motorcycle operation in Sunderland and a used car operation located in York. The assets acquired include £16m of freehold and long leasehold properties and a payment in respect of… Continue reading Vertu buys BMW and MINI dealerships from Inchcape
Dealers in a ‘much better place’ now compared to March lockdown
Dealers are in a much better place in the latest lockdown than they were back in March when the pandemic hit and showrooms closed for business. That’s the view of Philip Nothard, insight and strategy director for Cox Automotive who said the experience gained by dealers and the acceleration of digital had a significant impact.… Continue reading Dealers in a ‘much better place’ now compared to March lockdown
Used cars help dealers make £110k profit in September
The average UK motor retailer delivered record profits of £110,000 in the September plate change month Used cars were particularly strong performance has been the real shining star since the lockdown was lifted and this continued during the month of September. “Return on investment continued to climb and the overall return for the month of… Continue reading Used cars help dealers make £110k profit in September
Citygate Automotive acquires Škoda outlet from Lookers
Citygate Automotive has added its third Škoda outlet with the acquisition of the West London franchise from Lookers, for an undisclosed sum. This follows the group’s recent acquisitions of West London Volkswagen and Twickenham Volkswagen earlier this year. Employing over 650 staff, the company’s latest purchase increases its portfolio to 14 dealerships across London and… Continue reading Citygate Automotive acquires Škoda outlet from Lookers
The impact on dealers of the UK’s exit from the EU
As Brexit talk deadlines extend, the position of the UK Motor sector remains a cause for concern. At OEM level the prospect of a 10% tariff on cars moving in and out of the UK from the EU now seems increasingly inevitable. We know that manufacturers have differing approaches to the issue with Ford having… Continue reading The impact on dealers of the UK’s exit from the EU