John Grose Group has opened a new Peugeot, Citroen and DS Automobiles dealership in Ipswich on the Ransomes Europark. The Ransomes Europark site previously housed the John Grose Citroën Ipswich dealership while the Peugeot dealership has been relocated from its previous site a short distance away. The new DS Salon Ipswich represents the latest… Continue reading John Grose opens Peugeot, Citroen and DS dealership in Ipswich
Author: Motor Trader Online News
Dealers see 17% surge in used cars during August
Dealers saw a 16.5% jump in used sales during August as the boom in the used sector continued A study carried out by lead generation firm enquiryMAX of data from over 700 dealers compared figures against August 2017 and showed a positive month for retailers. David Boyce managing director of enquiryMAX said: “A strong August for… Continue reading Dealers see 17% surge in used cars during August
Drive Motor Retail buys Sherwoods Vauxhall business
Drive Group has bought Sherwoods Vauxhall business for an undisclosed sum. Sherwoods was established as a family business in the 1920s. It has Vauxhall dealerships in Darlington, Stockton and Northallerton, employing 151 people. It is rated 169 in the Motor Trader Top 200 Dealer Groups with annual turnover of £52.9m. Drive Group has a network… Continue reading Drive Motor Retail buys Sherwoods Vauxhall business
Waylands Automotive acquires Volvo Cars Swindon
Waylands Automotive has acquired Volvo Cars Swindon, its third Volvo business. The group was created in November 2017 with the purchase of Volvo Cars Reading, followed by the acquisition of Fawcetts Volvo , Newbury in May 2018. The group is led by John O Hanlon (pictured), who headed up Ridgeway before it was bought by… Continue reading Waylands Automotive acquires Volvo Cars Swindon
Over 90% of dealers have lower September new car order take
The majority of dealers have a lower new car order take for the September plate change compared to last year. The latest Manheim latest dealer sentiment survey reveals that 91% of dealers have a lower order take because of the impact of the Worldwide Harmonised Light Vehicle Test Procedure (WLTP), which comes into effect on… Continue reading Over 90% of dealers have lower September new car order take
Cap hpi forecasts ‘good’ Q4 for used car values
Cap hpi is predicting a “relatively strong” Q4 for used car values despite the impact of WLTP. Derren Martin, head of current valuations with cap hpi said some carmakers were likely to register lower volumes than usual in September and this could stretch into Q4 and beyond, with a positive impact on values. “With fewer… Continue reading Cap hpi forecasts ‘good’ Q4 for used car values
Connected cars and the add-on opportunities for dealers
Dealers are set to benefit from a valuable new revenue stream from the unlocking of telematics data generated by new cars. Telematics have been a standard feature of cars for decades but recent developments with the rollout of connected cars, harnessing the power of the internet, have transformed the richness and timeliness of data. This… Continue reading Connected cars and the add-on opportunities for dealers
Lookers invests £3m in Guildford Audi dealership
Lookers has invested £3m in the refurbishment of its Guildford Audi dealership. The revamp, due for completion by October, will feature a Customer Private Lounge (CPL), enabling customers to configure and customise their car on 80-inch projector screens. There is also a larger car display space and workshop capacity has been increased by four ramps.… Continue reading Lookers invests £3m in Guildford Audi dealership
Volkswagen Financial Services pilots rental scheme with dealers
Volkswagen Financial Services is now running a pilot car rental scheme with a handful of UK dealerships being used as collection and drop off points. Progress ŠKODA in Northampton, is one of the first UK retailers to offer Volkswagen Financial Services UK, Rent-a-Car service. Other dealers listed on the VFS rental website are Citygate Volkswagen,… Continue reading Volkswagen Financial Services pilots rental scheme with dealers
Dealers reduce exposure to used diesel stock
Dealers have reduced their exposure to diesel holding less stock than they did a year ago. Analysis carried out by Cox Automotive in May found that diesel accounted for 50% of total dealer stock in May compared to 57% a year ago. Dealers are now stocking more petrol cars, accounting for 48% of stock in… Continue reading Dealers reduce exposure to used diesel stock