In the rapidly evolving landscape of automotive retail, the industry finds itself at a crossroads. The traditional model of selling cars no longer aligns with the expectations of modern consumers...
Read moreAt the start of 2023, the motor retail landscape looked rather different to how it does today. The average wait times for new vehicles were still being impacted by the slowing of new vehicle...
Read moreA senior business leader in a dealership group recently briefed his colleagues with “data is the lifeblood of our dealerships” at the start of our meeting with his team. I have to say that this...
Read moreAutomotive retailers have often been celebrated for the experiences they offer to their customers. From digital showrooms to personalised vehicles, the industry has continually innovated to keep up...
Read moreIncreasing efficiency, productivity and diversifying their proposition top the priorities for aftersales leaders as they wrestle with the twin challenges of falling revenues and a shortage of the...
Read moreWhile much of the focus on the transition to agency is all about how the direct sales model itself will work for retailers, a key challenge is going to be the sharing of data between the OEMs, the...
Read moreData harnessed from connected vehicles could dramatically increase the information available to the used car trade and change the way in which retailers engage with used cars. According to e-commerce...
Read moreRetailers have experienced a shift in the way customers want to interact with them in the showroom, which has led to an evolution in skills requirements. The majority of customers have done their...
Read morePendragon’s chief marketing officer, Kim Costello, has warned of a “multitude of headwinds” coming at the auto retail sector for the second half of 2022, and said she expected a recession in the...
Read moreThe used car sector has seen rising values and very strong demand for many months and it is easy to forget just unusual that has been. The market has seen some changes in levels of demand early this...
Read moreDespite the best efforts of the most forward-thinking retailers and suppliers, the customer is the main driving force behind the recent surge in the use of technology in the automotive retailing...
Read moreWe recently discussed a service shortfall on the horizon, with franchise dealers expected to see a reduction in new car service revenue of up to £1.3bn over the next four years, as the drop in new...
Read moreLatest financial results and interim statements from some of the publicly listed auto retail groups are indicating that the first half of this year has been far better than many in the trade could...
Read moreIn times of adversity and change companies discover what they are made of, and the automotive industry can look back on the pandemic with a sense of accomplishment. In the face of lockdowns around the...
Read moreData 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,...
Read moreThe fourth industrial revolution is firmly underway. Big data, blockchain, artificial intelligence, machine learning and analytics are all becoming day-to-day words, used across many fields of...
Read moreOne of the great strengths of the motor retail industry is its ability to react to change. We’ve seen that clearly over the past 11 months as you have responded quickly and positively to a new...
Read moreVehicle subscription services represent a key trend for 2021 according to analysts at Frost and Sullivan, providing key growth opportunities. And it is expected to grow into a globally dominant trend...
Read moreLast month’s Auto Retail Live webcast offered ‘critical insights’ into hitting your September targets. As a guest on the programme it was fascinating to hear how leading motor retail bosses,...
Read moreSeptember is always a critical month for the motor retail industry and this year will be more important than ever. After the disruption in March, and dealership closures that followed, many retailers...
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