Large dealerships are set to play a pivotal role in delivering new mobility solutions to consumers. Big dealerships will be the “mothership” for introduction of EV, shared driving and autonomous technology because they offer the route to market for much of technology. That’s the view of Automotive Property Consultancy (APC) which said the current trend… Continue reading Large ‘mothership’ dealerships to play pivotal role in the future
Author: Motor Trader Online News
Dealers see average profit of £9,300 in April
A strong used car performance helped the average UK motor retailer deliver a strong performance for the month of April. Dealers saw an average £9,900 increase in profits compared to April 2017, which saw profits of just £600, which was hit by a combination of the Easter holiday falling in April in 2017 and a… Continue reading Dealers see average profit of £9,300 in April
Dealers see surge in online finance quotes
Dealers are seeing a surge in online finance as consumers take the digital route to market. Online technology specialist iVendi said it is generating online motor finance quotes for buyers on around 250,000 vehicles every month. “At a time when it is still possible to find people in the industry who deny the relevance of… Continue reading Dealers see surge in online finance quotes
Hendy Group acquires used car outlet in Portsmouth
Hendy Group is set to expand its used vehicle business with the acquisition of the Unbeatablecar Portsmouth outlet for an undisclosed sum. Hendy already operates Ford, Honda, Kia and commercial vehicle businesses in the city. The new site will be rebranded and open for business as Hendy Car and Van Store on 1 July. The site… Continue reading Hendy Group acquires used car outlet in Portsmouth
MotorVise: Dealerships committing “database suicide” with opt-in
Automotive retail solutions provider MotorVise has claimed that a series of dealerships and dealer groups have been misinformed by leading industry consultants, manufacturers and associations with regards to GDPR compliance. These companies are reported to have advised that dealerships need customers to ‘opt in’ to continue to receive marketing communications. According to MotorVise director Fraser… Continue reading MotorVise: Dealerships committing “database suicide” with opt-in
Waylands expands Volvo business with Newbury acquisition
Waylands Automotive, the dealer group set up by ex-Ridgeway CEO John O Hanlon (pictured right), has bought Fawcetts Garage’s Volvo business in Newbury. Waylands, which already runs a Volvo business in Reading, took ownership of Fawcetts earlier this month. O’Hanlon returned to the motor trade in November last year with the launch of Waylands .… Continue reading Waylands expands Volvo business with Newbury acquisition
PSA sells ex-management used cars through PSA Direct
PSA has launched a used car programme selling ex-management Peugeot, Citroen and DS cars. The PSA Direct programme, successfully piloted in 2017, will offer a centrally advertised pool of cars and allow the customer to choose their dealer of choice. PSA said the programme will give dealers access to a wider range of specifications and… Continue reading PSA sells ex-management used cars through PSA Direct
McLaren Automotive adds eighth UK dealership
Woking-based McLaren Automotive has added an eighth location to its UK dealership network. The new site will go by the name McLaren Leeds. The new location joins the existing network made up of facilities in Ascot, Birmingham, Bristol, Glasgow, Hatfield, London and Manchester. The facility will be operated by Park’s Motor Group, which also manages… Continue reading McLaren Automotive adds eighth UK dealership
Jardine completes sale of former Slough dealership site
Jardine Motors Group has completed the sale of the company’s former Jaguar Land Rover dealership in Slough, Berkshire. The premises was sold by Rapleys. The building was available due to Jardine relocating to a nearby purpose-built 42,000 sq ft JLR dealership. The property was purchased by Citygate, which operates a series of dealerships across north… Continue reading Jardine completes sale of former Slough dealership site
Hendy Automotive opens Mazda dealership in Tunbridge Wells
Hendy Automotive continues to expand in the south with the opening of a new Mazda dealership in Tunbridge Wells, Kent. Hendy already operates Mazda franchises in Eastleigh, Crawley, Eastbourne and Horsham and is an authorised repairer for the brand in Brighton and Winchester. The new dealership will open on May 1 at the group’s Mount… Continue reading Hendy Automotive opens Mazda dealership in Tunbridge Wells