Figures from the FLA show that consumer car finance new business volumes fell in March 2023 by 8% compared with the same month in 2022. The corresponding value of new business fell by 7% over the same...
Read moreIsuzu is aiming to jump from a 4,000 unit brand to a near-10,000-a-year brand by the end of next year thanks to new product, high demand and rivals pulling out of the market, according to managing...
Read moreTwo in three Fords sold in the UK is now an SUV – and for the company whose Cortina was once regularly Britain’s best-selling car, the large car market has all but disappeared. The current Mondeo...
Read moreLast month’s Auto Retail Live webcast offered ‘critical insights’ into hitting your September targets. As a guest on the programme it was fascinating to hear how leading motor retail bosses,...
Read moreIt would be very easy, given the negative press around at the moment and the profit warnings issued by some of the listed motor retailers, to assume that the sector was having a pretty dreadful time...
Read moreSubaru is in the midst of a turnaround plan with the aim of putting the brand first for dealer and customer satisfaction after years of being “stuck in the WRX past”, according to Torbjorn Lillrud...
Read moreMitsubishi has put together a five-year growth plan including a hike in retailer numbers and a 2% return-on-sale target. Speaking to Auto Retail Bulletin, UK managing director Rob Lindley – who has...
Read moreCambria has issued a pre-close trading update for the first five months to the end of February, reporting that performance has been in line with board’s expectations, albeit behind the corresponding...
Read moreWith the explosion of new cars hitting niche segments in recent years the industry has faced a change in both consumer and wholesale demand as the landscape has changed based on retail demand for more...
Read moreAs we went through the course of 2017 we knew that the financial results for the month of December would come under pressure and this has undoubtedly been proved to be the case. The average UK motor...
Read moreAs expected the average UK motor retailer had a tough November, posting a loss of £18,700 per site for the month. November is always a poor performing month as a result of being mid-quarter and with...
Read moreDavid 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...
Read moreWith new car sales volumes under pressure in many parts of Europe, aftersales as a driver of overhead absorption will remain of critical importance. Demographic and consumer changes mean the...
Read moreThe full year new car registration figures for 2016 painted a very healthy picture of the industry when they were released in early January 2017. After a year of quite remarkable world events and...
Read moreThe full year new car registration figures for 2016 painted a very healthy picture of the industry when they were released in early January 2017. After a year of quite remarkable world events and...
Read moreLooking at the market and performance in January you could be forgiven for thinking that we were still in 2016. Predictions and forecasts of significant reductions in volumes of cars registered have...
Read moreControversial lead-generation website TrueCar is still working hard to convince auto retailers that it is on their side as it rebuilds its business model. The company claims it has added more than...
Read moreVolvo believes that its retailers need to be profitable enough and confident enough in the brand to experiment with new ideas in sales and aftersales. The message comes from David Baddeley,...
Read moreUS and global auto retail bosses gathered in New Orleans for the annual NADA Convention less than a week after the inauguration of incoming President Donald Trump. Putting politics to one side (easier...
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...
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