Fears are growing among retailers for profitability through the first half of 2024 and beyond, with an increased number (34% versus 31% six months ago) anticipating that profit will be down. The...
Read moreWith the UK looking certain to go into recession in 2022, which the Bank of England forecasts will be prolonged, if shallow, sentiment among retailers over the country’s economic prospects has hit a...
Read moreThe UK inflation rate is currently 9.4% but the Office for National Statistics estimates this could increase to 11% by the end of 2022. This creates challenges for all businesses as they seek to set...
Read moreThe recent economic challenges and the industry headwinds have seen a dramatic change in sentiment among retailers for the coming six months. Outlook on the economy is now overwhelmingly negative,...
Read moreMore than half of consumers (52%) are now making our purchasing decisions based on brands’ eco-credentials, and one in five of consumers (21%) have consciously stopped buying a particular brand or...
Read moreNew car purchase intent across Europe remains around 10% lower than it was before the pandemic. Of the respondents who did intend to purchase a new vehicle, more than half indicated that they would...
Read moreIn July the FCA confirmed that discretionary commission models will be banned from 28 January 2021, following a consultation in October 2019, and issued revised commission disclosure rules....
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 moreWith dealerships having reopened in June, retailers have been able to gauge the enthusiasm among consumers for purchasing new cars, and by and large they are encouraged. However, there are still fears...
Read moreOver half of automotive industry leaders believe an iconic car manufacturer will go out of business in the next three years, while 52% believe that a new entrant will disrupt the market with a...
Read moreThe majority of consumers who have interacted with franchised automotive retailers within the last two years consider them to be professional, knowledgeable, reputable and reliable, and to offer good...
Read moreCitroen and the DS franchise, with its separate network from July 2018, will be joined by a chain of permanent shopping mall outlets, described by the brands UK managing director, Bekir Hassan, as...
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Read moreOne in four Britons would give up owning a vehicle outright in favour of signing up for a driverless car subscription. This the key finding of a new survey carried out by used car specialist HPL...
Read moreSeats network development team is enjoying an unprecedented high level of interest in the franchise as it targets expansion to 135 outlets, with upcoming new models particularly SUVs promising...
Read moreSomewhat discouraging yet perhaps unsurprising, the results of the latest Auto Retail Network Barometer survey, conducted in partnership with Total, depict a level of shared concern over franchised...
Read moreMercedes-Benz aims to maintain last years role as one of the fastest growing premium brands in new-car sales terms via its 125-outlets with retailer partners consolidating their position as one the...
Read moreAlfas second bottom position in the most recent NFDA poll on the basis of franchise value reflected low profits, with established dealers suffering from more than one let down and being asked to...
Read moreFleet managers believe the proportion of eco-friendly models will increase to 42% over the next five years, which will be helped along by improvement in infrastructure and increased familiarity. This...
Read moreWeve just completed the analysis of our annual Mobile Trends in Auto Retail survey. As the title suggests, it looks at trends in the mobile-device ready websites that retailers use as well as how...
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