Retail 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 moreLotus is understood to be planning a return to the franchised sales model after operating agency agreements for the past two years. Several Auto Retail Agenda sources have said that while the switch...
Read moreBMW and MINI retailer Vines saw profit before tax grow from £3.9m to £5.7m in the year ended December 2022, with turnover increasing from £196.2m to £218.6m. It is the third year running of profit...
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 moreIn a strange set of October registrations figures, the continuation of September’s prioritisation of fleet by the OEMs was the least of the surprises. Perhaps more so was the strength of the...
Read more22-PLATE ‘IMPOSSIBLE TO PREDICT’ VOLVO EVs TO DOUBLE THROUGHPUT AUTO RETAIL LIVE EXPERTS TO BRING CRYSTAL BALL BCA SEEKS ‘LATE LICENCE’ NEW BOSS FOR MINI UK CARVANA TO BUY ADESA FOR £2.2bn...
Read morePEUGEOT BOSS REVEALS MEAGRE ONLINE SALES NIKE DIRECT SALES WARNING JAMIE PRIESTLEY IS TOP VERTU MANAGER RECAP: MERCEDES CONFIRMS AGENCY US RETAILER BUY-SELL FRENZY TO CONTINUE IN 2022 NEW HEAD OF MINI...
Read moreMini is investing in a brand overhaul that will see the entire model range realigned and renewed, new sectors explored – and a joint venture with Great Wall begin volume production. There’s even...
Read moreALFA & DS SET OUT 2-YEAR AGENCY PLAN HEDIN PREPARING TAKEOVER BID FOR PENDRAGON? VERTU ANNOUNCES NEW SHARE BUYBACK ASTON MARTIN ROW WITH RETAILER TO THE SUPER RICH MINI WANTS US RETAILERS TO TAKE...
Read moreWith slimmed down auto retail businesses having removed costs, the end of furlough and the associated government support is not to be feared, and even in the event of another lockdown any losses that...
Read moreBMW and Mini retailer Vines, which operates franchises in the south of England, has reported a loss before tax of £196,082 in its annual report for the year to 31 December 2020 – a significant...
Read moreMini will launch its last all-new internal combustion engine model in 2025 and will become a fully-electric brand in the early 2030s, says UK product manager Chris Fryer. In doing so, it will become...
Read moreVertu has completed the purchase of five BMW and Mini businesses from Inchcape plus one BMW Motorrad business and a used car site for a total cash consideration of £18.7 million plus £8.9m of used...
Read moreVertu has completed the purchase of five BMW and Mini businesses from Inchcape plus one BMW Motorrad business and a used car site for a total cash consideration of £18.7 million plus £8.9m of used...
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 moreThe Sytner BMW Mini retailer in Haverfordwest, Pembrokeshire has closed. The site has represented the brands since 2016 but, in 2017, Sytner acquired Swansea BMW Mini. As a result, it has had to...
Read moreMini UK and Ireland director David George insists the launch of the new Mini Electric will mark a tipping point for EVs. “With minimal above-the-line push, and before anyone’s driven it, we’ve...
Read moreHR OWEN PLANS NEW ROLLS-ROYCE MAYFAIR SITE SCOTTISH RETAILERS CENTRE ON CITIES MINI EV SPARKS INTEREST RETAILERS FACING Q3 PUSH FCA SPENDS ON FIAT 500 EV DAIMLER CUTS PROFIT FORECAST AGAIN...
Read moreThe number one reason to buy a new Mini is design, said its UK product director Nicholas Griebner. But the second? “Infotainment and connectivity – they have rapidly leapt up the order in recent...
Read moreThe UK new car market continued its decline through January, with the 163,615 vehicles registered representing a fall of 6.3% over the same month last year. Demand fell across the board, with retail...
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