Suzuki GB PLC has expanded its dealer network by appointing Greg Mitchell Motors in County Tyrone. This brings the total number of Suzuki dealerships in Northern Ireland to seven, and to 157 locations across the UK. The dealership has also been enlarged and modernised to create a state-of-the-art 12-car showroom. It features a handover bay… Continue reading Suzuki adds seventh dealership in Northern Ireland
Author: Motor Trader Online News
Marshall becomes UK’s largest ŠKODA retailer in new acquisition
Marshall Motor Group has acquired four ŠKODA dealerships in Bedford, Northampton, Letchworth and Harlow from Progress Bedford Limited. This acquisition has made Marshall the UK’s largest ŠKODA retailer, with a total of 11 locations. Daksh Gupta, chief executive of Marshall, said: “These acquisitions are an exciting milestone for Marshall. The acquired businesses have good potential… Continue reading Marshall becomes UK’s largest ŠKODA retailer in new acquisition
Dealers fall short when explaining autonomous features
Just 35% of buyers feel that autonomous features are clearly explained to them during visits to dealerships, and only a third received a demonstration, according to a new Auto Trader market report. It states that upon receiving an explanation in the showroom, 72% of car buyers said they were more likely to buy the car,… Continue reading Dealers fall short when explaining autonomous features
Westover Group refurbishes Lexus dealership in Poole
Westover Group has invested £200,000 in the refurbishment of its Lexus dealership in Poole, Dorset. The motor dealership on West Quay Road has undergone a 10-week programme of internal cosmetic work. Westover Group is rated 48 in the Motor Trader Top 200 Dealer Groups with annual turnover of £334.4m. Established in 1923, it currently employs… Continue reading Westover Group refurbishes Lexus dealership in Poole
Dealers work harder to boost finance as used car margins fall
Dealers are pushing harder on used car finance business to offset falling margins on used cars. That’s the view of online technology specialist iVendi, which said values of high quality stock remaining high but retail prices were under pressure. It said there was “a definite increase” in activity designed to create additional profits around the… Continue reading Dealers work harder to boost finance as used car margins fall
The options open to dealers after termination
Losing a franchise is a major blow for any dealer. You will ave likely invested many years, let alone a lot of money, in the brand and suddenly you can’t use it any more. Or can you? First, though, why would you want to? You cannot obtain supplies of new cars from the manufacturer any… Continue reading The options open to dealers after termination
Dealers see decline in volumes of nearly new diesel cars
Dealers are beginning to see a decline in the numbers of nearly new diesel cars in the market as a result of dieselgate three years ago. Diesel sales have been falling steadily and the nearly new diesel used car parc has shrunk as a result. “The dawn of dieselgate three years ago had a relatively… Continue reading Dealers see decline in volumes of nearly new diesel cars
Dealers sell diesels at a loss in hopes of volume bonuses
Dealers are pre-registering diesel vehicles to be sold at a loss in the hope of making some money from their back-end standards or volume bonuses from their brand partner. According to Coachworks Consulting, some manufacturers are still encouraging their networks to achieve ambitious diesel targets, which have led to these “guerrilla tactics”. Demand for new… Continue reading Dealers sell diesels at a loss in hopes of volume bonuses
CMA gives green light on eBay’s acquisition of Motors.co.uk
The CMA has cleared the acquisition of Motors.co.uk Limited by eBay Inc. On 19 October, 2018, it was announcement that Cox Automotive would sell Motors.co.uk to eBay for an undisclosed sum. The CMA announced on 13 December 2018 that it would launch a merger inquiry, by notice to the parties. The deal will see Motors.co.uk… Continue reading CMA gives green light on eBay’s acquisition of Motors.co.uk
Dealers sell more longer standard warranties on used cars
Dealer are seeing a trend towards longer standard warranties being sold on used cars The development is being brought about by dealers building stronger propositions and a general desire among consumers for longer warranty cover in less certain economic conditions, said Sean Kent, head of account management at Assurant. “The most common standard warranty across… Continue reading Dealers sell more longer standard warranties on used cars