Motor - Auto Retail Network

Network guide: Peugeot

David Peels game plan aimed at fostering an engaged, motivated, thinned-out and increasingly profitable network is on track after one year as Peugeot UKs managing director. Overhauling what he...

FCA final notices could be the first of many

The initial wave of five final notices issued by the FCA to motor retailers this month could be the first of many, warned James Tew, CEO at iVendi. He pointed to the reason given by the FCA failing...

Better dialogue between dealers and lenders reduces numbers of declines

Better dialogue between dealers and motor finance providers should be used to improve the overall customer experience surrounding lending, says Startline Motor Finance. CEO Paul Burgess explained...

Retailers failing on FCA data back-up, says iVendi

Retailers are failing to take seriously their responsibilities to record and back up essential FCA compliance motor finance data, says iVendi. The company has found that a significant minority of...

Average retail motor industry pay £30,376? Unlikely

According to CV-Library, a UK jobs website, salaries in the UK automotive sector increased by 3.9% between 2014 and 2015, with average pay up from £29,298 to £30,376. The press release was lacking...

Lookers acquires Benfield for £87.5 million

In a surprise move, Lookers has bought Benfield Motor Group for £87.5m. The acquisition will make Lookers the third largest auto retail group in the UK, growing its portfolio by 30 dealerships to hit...

Finance brokers highlight 4×4 growth

More than 45% of the UKs largest motor finance brokers recorded an increase in finance applications to support the purchase of a 4×4 vehicle this summer compared with last, according to the Q3...

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