New car registrations are accelerating in Europe, but remain in the slow lane. New car registrations were robust in Europe’s top markets, growing a combined 17% year on year and marketing tenth...
Read moreThe last 12 months have been a very good year for the automotive sector, particularly for most vehicle retailers. Whilst 2023 will obviously have serious challenges, hopefully the business practices...
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 moreConsolidations, mergers, acquisitions and divestments have been a permanent feature of the sector while I have been working in it. For example, Ford acquired brands like Jaguar, and support businesses...
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 moreOn the back of the some of the adjustments seen amongst the accounts of the listed companies, I have dug a bit deeper into the accounting for pension schemes and the effect they can have on the...
Read moreSo, at year’s end, we finally have some form of resolution to the Brexit debate. Like it or not, the general election gave Boris Johnson what Teresa May craved – a strong and (hopefully) stable...
Read moreFollowing the collapse of FCA’s proposed merger with Renault, culminating in FCA withdrawing its $35bn offer, the Italian group is now in talks with PSA. Discussions have opened a path to the...
Read moreWarnings from analysts of complications in the proposed merger between FCA and Renault over the alliance with Nissan and the role of the French state as a Renault shareholder would appear to have been...
Read moreAdvertised dealership property requirements have increased by 35%, totalling 100 in the last 12 months, up from 71 in the same period through 2014/15, according to the latest vehicle dealership...
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