REPORT: VOLKSWAGEN TO CUT UK BUSINESS PARTNERS LSH 2023 LOSS MORE THAN DOUBLES TO £11m LABOUR TO BACKTRACK ON 2030 ICE BAN US STELLANTIS RETAILERS SLAM TAVARES IN OPEN LETTER CHINA CAR SALES FALL FOR...

MORE DOUBT OVER 2030 EV PLEDGE NFDA TO REVEAL HUGE SATISFACTION IN FRANCHISED RETAILERS FORD UK WORKERS VOTE TO STRIKE COX TO LOWER 2024 SALES FORECAST CHINA TAKES EU EV TARIFFS TO WTO CHINA JULY...

INDUSTRY AWAITS LABOUR PLANS FOR UK EV POLICY ‘SHAMBLES’ FCA’S SHELDON MILLS PROFILED KPMG LOSES PINEWOOD MOTORPOINT’S CARPENTER SELLS 100,000 SHARES CINCH FD REMAINS IN PLACE FIRST CHINESE...

GRAVELLS SEES PROFIT ALMOST DOUBLE IN 2023 DIESEL RVs SET TO RISE FORMER VERTU NON-EXEC KEN LEVER JOINS MARSTON’S MOTORPOINT U-TURN IN CUSTOMER ROW AFTER MEDIA EXPOSURE MG AND NIO THREATEN PRICE...

CAR INDUSTRY ‘WRONG ABOUT FALLING RETAIL EV DEMAND’ MOTOR TRADE ‘A JOB BRITS DON’T WANT TO DO’ AFI REBRANDS AS AUTOMOTIVE LEADERSHIP NETWORK FLEETS CALL FOR OEMS TO SOLVE 12V BATTERY ISSUES...

LSH LOSSES GROW AGAIN; JEMCA PROFIT FALLS JAGUAR TO LAUNCH ‘SECOND LIFE LEASING’ FOR USED EVS CALL TO CHARGE DIESEL DRIVERS MORE FOR PARKING VW CLAMPS DOWN ON SEMICONDUCTOR PROCUREMENT NISSAN...

The average dealer lost just under £15,000 in August 2016, the worst result for the year. While, on a headline basis, this does not look great, the result was paradoxically better than expected....

The concept of parts wholesaling is nothing new. The average franchise dealer will supply a certain amount of parts to the independent sector as and when they are needed and there’s profit to be made...