There are growing voices calling for an auto industry stimulus. Pent-up demand may see sales (or, rather, registrations) tick over in the short term, but fears abound. If we’re set for the worst...
Read moreAlmost exactly two years ago I had a long discussion with a senior director from a European automaker about whether the government’s scrappage scheme would have any lasting effect on the UK car...
Read moreOne the face of it the results for the first quarter of the year were very positive. National average profitability was strong at 2.0% of turnover, with the top 10% of dealers approaching a 6% return....
Read moreDespite initial doubts, the scrappage scheme seems to have worked very well. But when the government funding runs out, there is likely to be a decline in business and auto retailers need to ensure...
Read moreby Ian Allen Few would argue that this year has exceeded all expectations in used car sales so far. To a degree that has been at the expense of new car sales, although the scrappage scheme has helped...
Read moreThe UK’s biggest auto retailer, Pendragon, issued a reassuring interim management statement covering the four months to the end of October. The company said it was confident that this...
Read moreAcross the euro area, 11 countries have so far implemented or are about to implement vehicle scrapping schemes to soften the impact of the downturn. The budgetary cost of these car scrapping schemes...
Read moreNational headlines shouting that new car retailers had had their best month so far this year do not tally with what we have been hearing on the ground. While the official SMMT registration figures may...
Read moreSenior politicians on the House of Commons Business and Enterprise Committee have recognised the importance of the auto retail and repair sector to the UK economy. In a recently published report on...
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