Electrification is set to have a massive impact on aftersales revenue, and the transition to agency is going to make it even harder to recover those profits. This warning comes from John O’Hanlon,...
Read moreFor the first time, the market for new cars, carrying with it implications for the used car market, is being driven not by customers but by politics, with the focus on electrification. This was a...
Read moreRegular readers of the automotive retail trade press won’t have failed to have noticed the plethora of articles speculating on the future shape of the industry. Some are expensively researched by...
Read moreUnderstanding the expectations, needs and concerns of consumers taking their first tentative steps into electric car ownership is a clear and present challenge for car retailers. While EVs have been...
Read moreConsumer demand for electric cars is growing massively. In 2021 pure battery electric vehicles accounted for 11.6% of the market, with more than 190,000 registrations. This was not far behind cars...
Read moreThe 2030 deadline seems a long way off when we’re focused on this quarter’s results or this year’s performance. But actually, 2027 is a more realistic deadline for the bulk of the transition to...
Read moreMoves to omnichannel retailing, growth in electrification and the possibility of a change to an agency model for sales all represent significant opportunities, and Lookers is well positioned to make...
Read moreDealer groups have shown a great deal of resilience and flexibility throughout the Covid-19 pandemic, and they can be expected to continue to adapt and work closely with OEMs as the industry evolves....
Read moreWith a huge level of change on the horizon, automotive retailers can either be passengers and potentially find themselves in a very difficult position further down the line, or they can start looking...
Read moreLookers chief executive Mark Raban has called for manufacturers to adopt a standardised agency agreement to allow retailers to integrate the incoming new model into their operations. Lookers has...
Read moreVolvo and Geely intend to merge their existing combustion engine operations into a standalone business in order to establish a new global supplier that will seek to develop next-generation combustion...
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