FJ Chalke Limited will open a multi-million pound Kia and Nissan eco-dealership at Fusion Park, Yeovil in November. The new state of the art showroom will have space for up to 20 display vehicles and 150 vehicles on the external forecourt. The site also features 10 charging points. The showroom has been fitted with a rain… Continue reading FJ Chalke to open new eco-friendly Kia and Nissan dealerships in Yeovil
Author: Motor Trader Online News
New car buyers stick to franchised dealers despite online trend
Franchised dealerships are the first choice for 93% of new car buyers. The NFDA Consumer Attitude Survey revealed that 75% of car purchases, for cars under seven years old, are made at franchised dealers, 14% are made at independent garages, 5% at used car supermarkets and 5% from private sellers. It also found that 50%… Continue reading New car buyers stick to franchised dealers despite online trend
UK dealers adapt to accommodate new EV standards, practices and roles
This year may be remembered as the year electric vehicles entered the mainstream. EVs and AFVs have consistently seen the largest percentage increases in registrations through H1 of 2019 and there were an overwhelming number of EVs and AFVs on display at the Frankfurt Motor Show. Given that the motor retail sector has been selling… Continue reading UK dealers adapt to accommodate new EV standards, practices and roles
Dealers stay up to date with online technology to drive motor finance
Technology is becoming increasingly important in motor finance as the customer journey goes online. A report from Cox Automotive recently revealed that 60% of dealers will have online purchasing services up and running in the next two years, making the ability to secure finance easily online a must. Chris Jones, COO of Blue Motor Finance,… Continue reading Dealers stay up to date with online technology to drive motor finance
RMI calls Brexit deal ‘vital’ to future of UK dealers
The Retail Motor Industry Federation (RMI) has called on Government to provide clarity on future trade with EU for automotive retailers. RMI chairman Peter Johnson, speaking at this year’s 106th Retail Motor Industry Federation annual dinner, said: “It is vital that the government agrees a Brexit deal with the EU. If it cannot, then prices… Continue reading RMI calls Brexit deal ‘vital’ to future of UK dealers
Dealers cite reconditioning work as the biggest barrier to a fast sale
Reconditioning work is the biggest delaying factor in getting a vehicle on sale according to 85% of dealers. The results of Manheim’s latest dealer sentiment survey show that 42% of dealers said that it takes an average of 3-4 days to list a newly-sourced vehicle, while just under a quarter reported an average of 5-6… Continue reading Dealers cite reconditioning work as the biggest barrier to a fast sale
LEVC expands UK network with three new dealerships
The London EV Company (LEVC) has increased its regional presence across the UK by opening three new dealerships. The new retailers in Nottingham, Slough and Southampton will offer sales and aftersales support. LEVC’s existing retail network is spread across 12 UK cities. The new dealers will help underpin local authorities’ efforts to improve urban air… Continue reading LEVC expands UK network with three new dealerships
NFDA provides dealers with EV range guide for buyers
The National Franchised Dealers Association (NFDA) and Low Carbon Vehicle Partnership (LowCVP) have together produced a ‘Know Your Electric Range’ guide for consumers to help overcome range anxiety. NFDA will distribute the guide to its dealer members across the UK to help showroom buyers understand that the improved electric range figures for the latest fully… Continue reading NFDA provides dealers with EV range guide for buyers
Auto Trader buys £5.5m-turnover KeeResources software group
Auto Trader Group has bought KeeResources for an undisclosed sum. KeeResources provides software, data and services to the automotive industry, including a detailed vehicle taxonomy dataset for new and used cars which Auto Trader uses to power its platform. The group had £800,000 operating profit and £5.5m turnover in 2018. Auto Trader CEO-designate, Nathan Coe, said: “KeeResources has… Continue reading Auto Trader buys £5.5m-turnover KeeResources software group
Carwow looks to dealers to invest in business
Carwow is looking for dealers to invest in a crowdfunding move to help it expand. This follows the announcement in August of a £25m strategic funding round led by Daimler. So far the business has raised £55m from venture capital investors including Accel, Balderton, Episode 1 and Vitruvian. Carwow said that following the Daimler round… Continue reading Carwow looks to dealers to invest in business