US retailer Group 1 Automotive has bought Mercedes retailer L&L Automotive for an undisclosed sum. L&L operates four Mercedes agency sites north of London in Hertford, Stevenage, Hemel...
Read moreThe overall UK new car market might have finished strongly in December, but fleet was the only driver of that growth, with retail registrations falling 14% compared with the same month last year. The...
Read moreThe latest data supplied by the SMMT reveals the scale at which Mercedes appears to be engaging in pre-registrations activity. This is a practice that should have stopped under the agency model that...
Read moreRetail demand for new vehicles slumped in November, falling 5.9% compared with the same month last year. The 60,506 new registrations, down from 64,921 in November 2022, represent a market share of...
Read moreMercedes boss Gary Savage has questioned the latest NFDA Dealer Attitude Survey for its relevancy to the agency model, which the brand adopted in new sales agreements at the start of this year. As...
Read moreAfter a modest uplift in September, which itself followed a significant downward swing in August, retail registrations were all but flat in October, showing a rise of just 0.3% compared with the same...
Read moreSeptember’s new car registrations showed growth in the retail sector, but only by a modest 5.8%, which was dwarfed by the 40.8% increase in the fleet market. Some 122,944 new cars were registered by...
Read moreRetail registrations fell 8.1% in August compared with the same month last year (in what was a supply-constrained market), while at the same time fleet registrations surged over 58%. The result was a...
Read moreRetail registrations increased just 0.3% in July compared with the same month in 2022, with the 60,045 vehicles registered bringing growth of just 162 units. And year-to-date retail registrations are...
Read moreAfter several months of flat or falling numbers, private new vehicle registrations picked up in June, seeing 14.8% growth compared with the same month last year. Having said that, June 2022, in the...
Read moreAnother surge in fleet registrations saw the UK new car market grow 16.7% in May compared with the same month last year, but retail registrations were down yet again this year, falling 0.5%. And that...
Read moreRelationships between OEMs and retailers have remained stable over the past six months, according to the latest NFDA Dealer Attitude Survey. The all-important question of how retailers rate their...
Read moreNew car registrations jumped 18.2% in March compared with the same month in 2022, but the picture of the first quarter remains one where the bulk of the growth is in fleet, with private registrations...
Read moreUK new vehicle registrations surged ahead in February, rising 26.2% compared with the same month in 2022. But the vast bulk of the growth came in the fleet market, up 46.2%, while retail registrations...
Read morePrivate new car registrations have started 2023 as they ended 2022, with another fall as the OEMs continue to prioritise fleet over retail. Private registrations finished the month down 4.3% on...
Read moreRetail registrations rose 2.7% in November compared with the same month last year, but the market has fleet to thank for its surge, with fleet registrations growing 45.4%. The result is that the...
Read moreManufacturers moving to agency agreements have been scored down by retailers compared to those sticking with the franchised retail model as they worry about future profitability, according to the...
Read moreMercedes is consulting with its UK retail network about moving to an agency model for all new car sales, according to several retailers who spoke to Auto Retail Agenda this week. At the same time the...
Read moreThe last six months has seen another slight improvement in the relationships between franchised dealers and their OEMs after the rise in sentiment reported six months ago. The latest NFDA Dealer...
Read moreRetail registrations rose over 20% in July compared with the same month last year, bringing welcome relief to retailers after June’s tentative restart. Fleet registrations were also up, by a more...
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