Against a backdrop of low economic growth, high interest rates and high inflation, Graeme Chaplin, Bank of England agent for the West Midlands and Oxfordshire, believes there will be some growth in...
Read moreIn almost all major markets, BEV sales grew far more than the total light vehicle market. In the ten Western European focus markets in a PwC study, BEV sales increased by 49% in the second quarter of...
Read moreWe’ve seen the capabilities and scope of digital retailing accelerate to a significant degree over the past three years, introducing new ways to make purchasing convenient. While this assessment is...
Read moreMaserati plans to double its sales this year and could see the same again in 2024, according to North Europe general manager Peter Charters. Speaking to Auto Retail Bulletin, Charters said that while...
Read moreJason Cranswick, recently appointed managing director at Norton Way, part of the Marubeni Auto Investment group of companies, believes he’s got the best of both worlds when it comes to the...
Read moreOff 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...
Read moreThis summer, Ford will axe production of the Fiesta, after 46 years. In 2025, it will ditch the Focus. The S-Max and Galaxy will also cease; the Mondeo ended production last year, and the Ecosport has...
Read moreA few months ago, I posed the question of whether now is a good time to sell a retail car business. Recent enquiries at MHA certainly suggest that more dealers are now evaluating future options. The...
Read moreRunning a successful automotive retail business is all about having the right people in the right place. But when it comes to matters of HR, too many companies mistake business cost for business...
Read moreElon Musk might be having second thoughts about his decision to buy Twitter but he clearly has no such reservations about Tesla’s unique, vertically integrated direct aftersales service model. In a...
Read moreOnline car sales have dropped after the “bump of lockdown” as customers have returned to the showroom. However, they are still running at a higher level than pre-pandemic, according to Auto...
Read moreDespite the growth in online sales in the used market, and the success of its four Express stores, CarShop CEO Nigel Hurley doesn’t foresee a time when there will no longer be a customer requirement...
Read moreThe pandemic lockdowns, plus the current market for new and used vehicles, as well as aftersales, combined with digitalisation trends, have shown retailers’ where there were and still are problems...
Read moreCarMax is a US used car dealer business I have admired for some time. The share price chart speaks for itself having listed in 1997 for $10.25 and at the time of writing stands at $127.01, a 1139.1%...
Read moreOn paper Ssangyong’s new car registration figures don’t look good. In the first seven months of 2021, sales were down 8% at a somewhat disappointing 615 units against 2020’s 669. With a network...
Read moreWhat a period this has been for used car values. Since Cap Live was introduced in 2012, the largest movement up during a single month before this year was a 1% increase in February 2018 – generally,...
Read moreWe are at the edge of a potential tipping point in electric vehicle sales, but many consumers are hesitating at the brink. The challenge now is to devise new ways to change attitudes, new ways to buy,...
Read moreThe Covid-19 crisis has accelerated what Cambria CEO Mark Lavery describes as a generational change in automotive retail, but he doesn’t believe that the move to an agency model is inevitable. “I...
Read moreDespite the reopening of car dealerships at the beginning of June it is clear that normal levels of business will not resume overnight. This means that our advice throughout the coronavirus crisis...
Read moreAs the automotive market recovers, it is predicted to experience healthy growth in EV sales, according to new analysis from Frost & Sullivan. In an optimistic scenario, EVs are forecast to grow by...
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