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 moreRetailers need to sell 23% more cars under an agency model to see equal profitability with the franchised system, according to John O’Hanlon, founder of Waylands. O’Hanlon, speaking at last...
Read moreLOTUS CONSIDERS DROPPING AGENCY FOR FRANCHISE O’HANLON: 23% HIGHER VOLUME NEEDED TO OFFSET AGENCY JCT600 MOVES CREATIVE ACCOUNT FRAUDULENT SOUTHAMPTON TRADER JAILED FOR TWO YEARS FORD EASES EV...
Read moreGARY SAVAGE HITS BACK AT NFDA SURVEY RESULTS MARSHALL POSTS £43m PROFIT FOR 2023 CAZOO LAUNCHES CONVERTIBLE NOTES EXCHANGE OFFER AUTO TRADER SAYS ‘CONTEXT IS CRITICAL’ AS USED PRICES FALL COX...
Read moreFebruary saw average used car sale values increase 3.6% from £18,099 to £18,742, but during the same period average gross profit per unit fell 7.6% from £1,418 to £1,311. These are some of key...
Read moreFormer Ridgeway CEO John O’Hanlon has returned to the auto retail sector as founder of Waylands Automotive, looking to pick up on what he describes as unfinished business, and aiming to build a...
Read moreIssues such as Brexit uncertainty, government policy and media bias have all knocked consumer confidence, with slow first quarter new car sales. But as we enter the second quarter, there are...
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