Retailer fears over profitability have eased, with a reduced number (46% versus 57% six months ago) thinking profitability will be down through the rest of 2023, and a growing number (15% versus 5%)...
Read moreInflation will remain in double digits well into the first half of next year, largely due to the current high energy prices. It will fall back rapidly in the second half of 2023, but things are going...
Read moreShortages of used car stock and a greater need for a private car mean used car retailing will be far better placed to ride out the recession than it was during the 2008 downturn, according to data...
Read moreAmid record volatility in the used car market, dealerships could be leaving revenue on the table by mispricing as much as of three-fifths of their stock. That’s according to digitalisation...
Read moreTim Abbott will be a familiar face to many. He has been head of region at INEOS Automotive since July this year, but is better known in the UK as BMW’s former managing director and one-time SMMT...
Read moreBartletts Seat director Richard Bartlett has called on OEMs to show more realism at the supply end of the market, suggesting that they would be better putting appropriate numbers of cars into a market...
Read morePolestar’s new retailers will have a relationship with their manufacturer that is unlike any other in the UK market. So says head of Polestar UK, Jonathan Goodman, who described the relationship as...
Read moreThe used market got off to a strong start in 2020 with both the trade and wholesale markets performing well in January and February. The wholesale markets returned high results in terms of cap...
Read moreFlexibility is critical in the dynamic used vehicle market and BCA works closely with dealers to ensure we continue to innovate to meet their needs. With competition always intense for the best used...
Read moreFinding and acquiring used vehicles in the right condition at the right price proved more difficult in 2018 for the vast majority (80.8%) of dealers. And of those that found it more difficult to...
Read moreFacebook’s classified sales platform, Marketplace, continues to grow its share of the US market and estimates suggest more than 50% of auto retailers are now using the service, which only launched...
Read moreThe average UK motor retailer produced a strong result in October with a profit of just over £6,000. This compares favourably to the prior year, where we saw a small loss, which is more typical of a...
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 moreHead of Dacia UK and Ireland Louise O’Sullivan believes her close work with retailers as area manager in the early 2000s has proven invaluable in her role today leading the growing value brand....
Read moreWhile new car and used car sales are increasingly cited as pressing issues among retailers for the next six months, it is the issues created by the new WLTP regulations that are causing real...
Read moreMaintain stock flow, and keep things simple, to make Q4 a profitable one By Ian Allen The gradual decline of new car sales has continued since I first discussed it earlier this summer, with the drop...
Read moreThe average UK motor retailer produced a strong performance for the month of June with a profit of £46,000. This represents a slight increase over the profit earned in June 2016 despite the fall in...
Read moreRecord new car registrations in the first quarter may have been good for auto retail group profits but they seem to have had little effect on investor confidence in the sector. Performance in core UK...
Read moreThe first quarter of 2017 is characterised by record volumes and strong demand. In line with industry expectations, it looks like we are on track for a record first quarter. The first three months of...
Read moreGlobal stock markets continue to trade at, or around, record highs as professional investors and chief executives say they are more confident about prospects for global growth. A recent survey by PwC...
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