Overhead absorption continues to decline for average motor retailer
Motor retailers saw the average value of sold red work increase by 24% year-on-year in November from £203.38 in 2021 to £252.23 in 2023. Similarly, the value of sold amber work increased by 23.5%...
Read moreThe story of new car registrations in 2022 is a tale of what might have been, with supply constraints leaving increased consumer demand unsatisfied. Heading into the new year, while supply chains are...
Read moreA huge amount has already been said and, no doubt, will be said about agency agreements, but this week’s interviews with Stellantis CEOs Jean-Philippe Imparato at Alfa Romeo and Beatrice Foucher...
Read moreMention agency agreements and everyone in the industry has a view. In the past couple of weeks, I’ve heard from a host of retailers, with views ranging from the mildly positive to the hugely...
Read moreA few years back, all the industry consultants were predicting a market consolidation in terms of the number of new car brands. While you could argue this has happened with the likes of Stellatis...
Read moreFinally, after almost 100 days, the showroom shutdown ends tomorrow (Monday, 12 April) and retailers can restart selling cars in person. Except that during the past three months, perhaps more than...
Read more