Off the back of strong results for 2022, and with raised expectations for 2023, Lookers has identified a number of key areas for growth for the year across the spread of activities, but with a focus...
Read moreIn increasing base rate to 3% in November, the Bank of England warned that the UK risked being plunged into the longest recession in 100 years, one that could last into mid-2024. However, we see...
Read moreMoves to omnichannel retailing, growth in electrification and the possibility of a change to an agency model for sales all represent significant opportunities, and Lookers is well positioned to make...
Read moreSales of plug-in cars in Norway are now above 75%. Thanks to taxation, in both the carrot and stick forms, over the course of the past five to 10 years the country has seen the uptake of both plug-in...
Read moreSeptember is always a critical month for the motor retail industry and this year will be more important than ever. After the disruption in March, and dealership closures that followed, many retailers...
Read moreAs registrations of alternative fuelled vehicles (AFVs) surge, new research from Close Brothers Motor Finance finds that 32% of UK drivers are planning to buy an AFV as their next car purchase. A...
Read moreDepending on the time it takes for the Covid-19 outbreak to come under control in the US and Europe in particular, the impact on OEMs in 2020 could be significant. If normal economic activity is not...
Read moreConfirmation that dealership showrooms will be able to open in the second stage of the government’s plan to restart the economy has helped firm up business planning. We know it will happen no...
Read moreEnforced shuttering of motor retail across the country created major pressures for dealers but also unprecedented opportunities to manage customer relationships in a more sophisticated way. However,...
Read moreThe automotive industry as whole is continuing to cope with the challenges presented and despite the negative sentiment expressed in the national press, buyers for both new and used cars remain active...
Read moreVolkswagen has seen the NEDC run-out and the WLTP ramp up as an opportunity, creating a market for NEDC stock through July and August. Speaking on the Auto Retail Live Q4 briefing, Volkswagen UK MD...
Read moreFormer Ridgeway CEO John O’Hanlon has returned to the auto retail sector as founder of Waylands Automotive, looking to pick up on what he describes as unfinished business, and aiming to build a...
Read moreIssues such as Brexit uncertainty, government policy and media bias have all knocked consumer confidence, with slow first quarter new car sales. But as we enter the second quarter, there are...
Read moreAuto retailers will be able to seamlessly reach two in-market audiences with one ad following Gumtree’s move to merge its motoring offering with that of eBay. Users will benefit from two ‘shop...
Read moreDealerships across the country are missing out on potential new leads and revenue generating opportunities because they are missing calls. Around 16% of calls go unanswered at the dealership, and only...
Read moreDealerships across the country are missing out on potential new leads and revenue generating opportunities because they are missing calls. Around 16% of calls go unanswered at the dealership, and only...
Read moreThe results are in. 2016 has set a new record with 2.69 million new cars registered, presenting 2017 as a challenging year. With political uncertainty, Sterling depreciation and the SMMT forecasting a...
Read moreIf you were looking at the results for the average motor retailer in 2016 you would probably give them a B+. Good, but not great. Coming in with an annual profit of £177,000 sees dealers suffer their...
Read moreExclusive findings from Close Brothers Motor Finances Dealer Satisfaction Survey reveal the majority (63%) are positive about their business prospects for 2017. The research found that almost half...
Read morePCP is seen as being a good proposition to close a deal, and a good mechanism for retaining customers. But how do you maximise the opportunities and how do you address the challenges. Peader Bruton,...
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