Vehicle supply, falling used vehicle values, agency model and squeezed margins are just some of the many items on the minds of motor retailers across the country. Understandably, changes to the UK’s...
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 moreDealer balance sheets have been, tested but they are proving resilient. Listed dealers have significantly reduced debt over the past decade and several leading dealer groups have strong net cash...
Read moreThere is gathering momentum behind electric and hybrid vehicle appetite with more than 50% of global consumers now willing to consider electric/hybrid vehicles at their next purchase. The UK fares...
Read moreFleet and lease, dealer part-ex and nearly new vehicles defied the expected seasonal downturn in used car values last month at BCA which recorded rises from a year ago. Fleet and lease values averaged...
Read moreWe are currently on the threshold of one of the biggest changes to International Financial Reporting Standards, or IFRS for short, for a decade. After a number of years in coming, the introduction of...
Read moreThe overall value of the personal leasing market grew by 12.7% to £1.686bn through 2017, with PCH now accounting for 9.2% of all point of sale finance provided to consumers for new car purchases. At...
Read moreStrong demand has characterised 2017 with plenty of competition from professional buyers across the range of stock on offer. The trend also reflects the high quality of stock consigned to BCA by fleet...
Read moreThe US auto retail industry is bracing itself for some serious challenges in the used car market as a flood of vehicles come down the ex-lease pipeline over the next few years. So far, values have...
Read morePSA Group has united its mobility and smart services offering under a new brand, Free2Move, which it says is a response to the major shifts taking place in society and the emergence of new...
Read moreModern technology has been embraced by motor retailers, with parallel retailing directing customers to bricks and mortar sites. Cars cannot be serviced remotely, and customers still overwhelmingly...
Read moreKias new flagship retailer being constructed on the Great West Road, one of Londons prime arterial routes, will open in September, according to chief executive Paul Philpott. While the franchise...
Read moreUS consumers owe a total of $987bn in new and used automotive loans, according to Experian; and that figure is expected to break the $1trillion mark by the end of this year. In the final quarter of...
Read moreBy Ian Allen In a recent motor retail dealership survey, completed by a leading automotive market research company, 69% of respondents expect their used car price per unit (PPU) to reduce during 2016....
Read more2015 is seeing a thriving automotive property market, with significant demand from occupiers and investors beginning to drive up rents. By way of example the former Saab City on The Highway on Wapping...
Read moreBooming US new car and light truck sales are being driven by low cost finance and lease deals, according to Melinda Zabritski, senior director of Experian. She said the industrys reliance on auto...
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