Year on year and 6-month comparisons of the aftersales KPI data show no substantial change to the trends seen so far in 2023. Looking at the half year comparison, absorption is running steady at 54%...

Retailer fears over profitability have eased, with a reduced number (46% versus 57% six months ago) thinking profitability will be down through the rest of 2023, and a growing number (15% versus 5%)...

May saw a fall in overhead absorption, down to 44% from 49% in the same month last year. And the six-month average is down to, falling from 60.69% to 54%, an 11% drop. While the average value of...

April saw an uplift in aftersales absorption from 33% in 2022 to 42% this year. Factors that have influenced this include a welcome drop in indirect expenses, down 16.2% compared to Q1 and the...

Off the back of strong results for 2022, and with raised expectations for 2023, Lookers has identified a number of key areas for growth for the year across the spread of activities, but with a focus...

The total number of UK sales points has fallen 77 to 4,347 compared with last year’s equivalent. This is a key finding of the 2023 Networks Report from Auto Retail Network, and represents a slightly...

With the UK looking certain to go into recession in 2022, which the Bank of England forecasts will be prolonged, if shallow, sentiment among retailers over the country’s economic prospects has hit a...

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%...

Retailers have found themselves in something of a purple patch over the last year, despite the shortage in supply of new vehicles, reaping the benefits of an increasingly strong used car market. And...

During the course of 2021 we saw most motor retailers post record profits, even in historically tough months, on the back of strong retail margins, good used car volumes and controlled costs. This...

UK motor retailers continued their strong performance during the month of September, delivering a profit of £168,000 on average during the month. This strong result represents an improvement of...

Ever since the plate change month moved to September the month of August has been quiet, with retailers and customers either thinking about holidays or looking forward to the impending new...

The financial results for motor retailers have been nothing short of superb during the first half of 2021, surpassing all expectations. Despite the fact that we have been operating under a variety of...

Despite challenges of supply in the new car market due to the semiconductor shortage, retailers find themselves in something of a purple patch. Consumers have the desire for vehicles and money to...

It would be an understatement to say that the UK motor retail sector has performed phenomenally well since the showroom doors were reopened in April. We have seen the lessons learned and advances made...

Data is a vital 21st century commercial asset that will help businesses survive and thrive, according to keynote speakers at the recent, well-attended Mazepoint Connect Forum. This bi-annual event,...

Sales of plug-in cars in Norway are now above 75%. Thanks to taxation, in both the carrot and stick forms, over the course of the past five to 10 years the country has seen the uptake of both plug-in...

In normal years, July is a relatively quiet month for motor retailers, being the first month of a new quarter and marking the lead-in to the summer months. But we know that 2020 is certainly not a...

With the industry going into lockdown two thirds of the way through the busiest month of the year, it is no surprise that motor retail profitability took a hit in March. Even now the data is...

In all my working career a month has never been such a long time. Given the disruption which was to come, the end of February seems a very long time ago. And looking back to that time the first...