BMW under pressure
The BMW network is not a happy place. Just four years ago it was the second favourite franchise, according to the NFDA Dealer Attitude Survey. Since then the scores have been falling and at the start...
Read moreDo new car PCPs need to be investigated by the FCA? Probably not. Will they be investigated by the FCA? Maybe. There’s been rising chatter about buying (and selling) cars on PCP agreements for a few...
Read moreLookers’ profit downgrade this week only confirmed what we already knew; it’s tough selling new and used cars at the moment. And I wouldn’t be surprised if this was only the first such...
Read moreI need to apologise in advance for another blog about my own experience with franchised retailers. I’m apologising because once again my experience wasn’t positive. Nearly 18 months ago I bought a...
Read moreLosing a chief executive three months after hiring them is never great for any company, but when it’s a loss – making listed company it’s doubly bad. Thursday’s stock market announcement...
Read moreReading through various 2018 accounts this week one theme becomes abundantly clear which is that as margins fall and uncertainties grow the bigger fish are looking to gobble up the smaller ones. The...
Read more