The Finance & Leasing Association is forecasting a 5% decline in used car finance to £21bn. It said the market was stronger for the new car market whic

Motor Trader Magazine

10.04.2024

Dealers treat consumers 'fairly' in motor finance transactions - SURVEY

Dealers have turned in a strong performance in a consumer motor finance satisfaction survey carried out by technology firm iVendi. The survey of 1,000 car

Motor Trader Magazine

10.04.2024

Motorvogue opens Solus Hyundai dealership in Dunstable

Motorvogue has opened a solus Hyundai dealership in Dunstable this April, with an eight-car showroom and 80-used car forecourt. The site has nine servicing

Motor Trader Magazine

10.04.2024

Swansway will represent BYD at two new showrooms in Cheshire

Swansway Motor Group’s network is set to include BYD, with sites opening in Chester and Crewe on 1 May. The BYD Crewe showroom will be located on Beswick D

Motor Trader Magazine

10.04.2024

Dealers see 52% surge in pre-registrations year-on-year

Dealers are seeing a surge in pre-registrations as the market reverts to a pre-pandemic push market with big incentives to shift stock. According to Auto T

Motor Trader Magazine

09.04.2024

Dealers hammer carmakers for lack of on-site EV charging support

Lack of support from carmakers on dealer electric vehicle charging infrastructure is the biggest bugbear for dealers. The latest Dealer Attitude Survey fro

Motor Trader Magazine

09.04.2024

Lotus to expand dealer network in Europe further

In 2023, Lotus Tech opened new flagship stores in Paris, London, Seoul, and other strategically important cities. With an increase of 46 stores year-on-yea

Motor Trader Magazine

09.04.2024

Kia and MINI are top franchises in NFDA Dealer Attitude Survey

Kia and MINI have been named the top brands by UK dealers in the latest National Franchised Dealers Association (NFDA) Dealer Attitude Survey (DAS). Lowest

Motor Trader Magazine

09.04.2024

Pinewood to return £358m to shareholders following Pendragon deal

Pinewood is set to return £358m to shareholders following the sale of the Pendragon dealer group and leasing businesses to Lithia. The company made an anno

Motor Trader Magazine

09.04.2024

Aston Barclay launches first new sale since pandemic

Aston Barclay is launching a new sale at its Chelmsford centre. The sale will take place on Fridays at 10am, accompanying the existing three sales at the

Motor Trader Magazine

09.04.2024

Dealer Focus 2024: Digital Marketing

The digital landscape has been transformed over the past decade with dealers focusing increasingly on digital marketing compared to traditional mar

Motor Trader Magazine

09.04.2024

Ron Brooks’ Derby Suzuki dealership to open in May

Ron Brooks Motor Group’s Suzuki Site in Derby will be the group's second Suzuki site, following its existing Suzuki operation in Mansfield in Nottinghamshi

Motor Trader Magazine

09.04.2024

Škoda announces final pricing and specs for second-gen Kodiaq SUV

Škoda has confirmed final UK pricing and specifications for its second-generation Kodiaq SUV, with the Kodiaq SE priced from £36,645 and the Kodiaq SE L fr

Motor Trader Magazine

09.04.2024

Dealer Auction emphasises importance of ‘smart stock decisions’

A new entry from Peugeot, with an average retail margin of £2,000, in Dealer Auction’s Retail Margin Monitor highlighted the importance of a varied stockli

Motor Trader Magazine

09.04.2024

Dealer groups line up for British Motor Show in Farnborough

Arnold Clark, CarShop, Carsa and SM Specialist Cars dealer groups will be exhibiting and selling used cars at this summer’s British Motor Show. The retaile

Motor Trader Magazine

06.04.2024

Hendy Group to address audience at NFDA digitalisation event

NFDA Driving Digital 2024 will be hosted at London’s Central Hall Westminster on 2 May, sponsored by Auto Trader the event will address the impact of digit

Motor Trader Magazine

06.04.2024

Price of Hyundai’s New Tucson starts from £32,000

Hyundai’s New Tucson is available to order and prices start from £32,000. The car features a redesigned front with thin, angular lines in the radiator gril

Motor Trader Magazine

06.04.2024

MT Interview: Renault Group UK MD Guillaume Sicard

By Guy Bird After a bumpy few years, Renault Group UK MD Guillaume Sicard explains how the French marque and Romanian sister brand Dacia can continue to im

Motor Trader Magazine

06.04.2024

Suzuki Global Ventures and Marubeni Ventures invest in fintech Bumper

James Jackson, co-founder and CEO of Bumper (pictured r), expects to accelerate plans to be the dominant payment platform for car dealers with new investme

Motor Trader Magazine

06.04.2024

Used market bounces back from volatile prices of Q4 2023

The used market has bounced back in Q1 2024 with 43% more used cars sold than in Q4 2023, when many dealers stopped buying stock because of volatile prices

Motor Trader Magazine

06.04.2024

Discounts on new EVs hit 11% as brands push to shift retail stock

Carmakers are ratcheting up efforts to sell EVs with bigger incentives to shift stock. Under government ZEV mandate rules 22% of the stock, they sell has t

Motor Trader Magazine

06.04.2024

Renault Group UK boss spells out strategy for network

Renault Group UK MD Guillaume Sicard has spelt out plans for UK dealers in an interview with Motor Trader. He conceded that the relationship was “ro

Motor Trader Magazine

05.04.2024

March plate-change sees ‘sluggish' retail sales and shrinking EV share

Fleet sales drove the new car market in March with sales to private buyers in negative territory. In what is typically the busiest month of the year 317,78

Motor Trader Magazine

05.04.2024

Carwow reveals Ferrari model as most expensive car sold in Q1

Carwow has revealed the 10 most expensive vehicles from its online auctions in Q1 of 2024, with a £260,000 Ferrari 458 Italia topping the list With a sale

Motor Trader Magazine

05.04.2024

March plate-change new car sales: winners and losers

The March plate-change, the biggest sales month of the year saw the emergence of winners and losers in sales volumes, according to figures from the Society

Motor Trader Magazine

05.04.2024

New AI video creation software for dealers

Swedish video technology group Phyron has upgraded its Artificial Intelligence (AI) powered video creation software. The overhaul means regular 2D photogra

Motor Trader Magazine

05.04.2024

Motorpoint turns the corner in Q4 after challenging year

Ahead of announcing its final results for the year ended 31 March 2024, Motorpoint Group has highlighted the strength and profitability of its Q4 performan

Motor Trader Magazine

05.04.2024

Britain’s new LCV market records best month for three years

Britain’s new light commercial vehicle (LCV) market has grown 11.1% to 52,916 units in its best March performance for three years, according to SMMT data.

Motor Trader Magazine

05.04.2024

Vertu CEO accuses government of 'doing nothing' to boost BEV retail sales

Vertu Motors CEO Robert Forrester has accused the government of "doing nothing" to stimulate sales of battery electric vehicles (BEVs). The government, he

Motor Trader Magazine

05.04.2024

Aston Martin opens new landmark showroom in Tokyo

Aston Martin Ginza, the new showroom located in The Peninsula Tokyo hotel, is now open and will further the brand’s ultra-luxury retail strategy and focus

Motor Trader Magazine

04.04.2024

Price cut of £7k makes special edition Mokka cheapest electric SUV

The limited edition Vauxhall Mokka Electric Griffin will be priced at £29,495, which is £7,115 less than the original EV crossover, which will make it the

Motor Trader Magazine

04.04.2024

Duncan McPhee steps down from Lookers COO position

Duncan McPhee has stepped down from his role as COO of Lookers after more than 15 years with the company. He started at Lookers as general manager for almo

Motor Trader Magazine

04.04.2024

Dealer Insight: Jonathan Gravell, MD Gravells

South Wales family-owned dealer group Gravells has won Kia’s Dealer of the Year accolade for a third year in succession. Managing director Jonathan Gravell

Motor Trader Magazine

04.04.2024

Falling demand and increased competition hit Tesla sales and share price

Tesla saw its sales volumes fall 9% in the three months to end March to 386,810 vehicles as competition in EVs grew and demand slowed. Despite the decline

Motor Trader Magazine

04.04.2024

Speed of sale has reached record levels, says Auto Trader

Speed of sale and consumer demand within the used car market have reached record levels in March, according to Auto Trader. Used cars took an average of ju

Motor Trader Magazine

04.04.2024

Used car price cuts lead to faster stock turn in March

Used cars shifted off forecourts faster in March as dealers cut prices to get stock moving. Vehicles stayed on physical and virtual forecourts on average 3

Motor Trader Magazine

03.04.2024

Steve Young Blog: Are we seeing a U-turn on agency?

After a hectic couple weeks with our Members’ Spring Meeting in Berlin and some consulting deadlines, it’s back to the blogs. I’m sure you will have manag

Motor Trader Magazine

03.04.2024

MT Interview: Phil Clay, MD, Chapelhouse Motors

"We always make our decisions based on the best performing people in the business, the people that have been with us for a long time, that are loyal to th

Motor Trader Magazine

03.04.2024

Chapelhouse to take on Omoda and Jaecoo Chinese brands

Chapelhouse Motors is to represent Chinese manufacturer Chery’s Chery Omoda and Jaecoo brands. The North West dealer group, which currently holds the Kia,

Motor Trader Magazine

03.04.2024

Dicksons of Inverness under new ownership

Dicksons of Inverness will be led by a new team of directors following a multi-million pound buyout in a deal which concluded on 15 March. According to the

home›Motor Trader Magazine›Automotive

Motor Trader Magazine - Automotive

Used car finance to take a hit in 2024

Dealers treat consumers 'fairly' in motor finance transactions - SURVEY

Motorvogue opens Solus Hyundai dealership in Dunstable

Swansway will represent BYD at two new showrooms in Cheshire

Dealers see 52% surge in pre-registrations year-on-year

Dealers hammer carmakers for lack of on-site EV charging support

Lotus to expand dealer network in Europe further

Kia and MINI are top franchises in NFDA Dealer Attitude Survey

Pinewood to return £358m to shareholders following Pendragon deal

Aston Barclay launches first new sale since pandemic

Dealer Focus 2024: Digital Marketing

Ron Brooks’ Derby Suzuki dealership to open in May

Škoda announces final pricing and specs for second-gen Kodiaq SUV

Dealer Auction emphasises importance of ‘smart stock decisions’

Dealer groups line up for British Motor Show in Farnborough

Hendy Group to address audience at NFDA digitalisation event

Price of Hyundai’s New Tucson starts from £32,000

MT Interview: Renault Group UK MD Guillaume Sicard

Suzuki Global Ventures and Marubeni Ventures invest in fintech Bumper

Used market bounces back from volatile prices of Q4 2023

Discounts on new EVs hit 11% as brands push to shift retail stock

Renault Group UK boss spells out strategy for network

March plate-change sees ‘sluggish' retail sales and shrinking EV share

Carwow reveals Ferrari model as most expensive car sold in Q1

March plate-change new car sales: winners and losers

New AI video creation software for dealers

Motorpoint turns the corner in Q4 after challenging year

Britain’s new LCV market records best month for three years

Vertu CEO accuses government of 'doing nothing' to boost BEV retail sales

Aston Martin opens new landmark showroom in Tokyo

Price cut of £7k makes special edition Mokka cheapest electric SUV

Duncan McPhee steps down from Lookers COO position

Dealer Insight: Jonathan Gravell, MD Gravells

Falling demand and increased competition hit Tesla sales and share price

Speed of sale has reached record levels, says Auto Trader

Used car price cuts lead to faster stock turn in March

Steve Young Blog: Are we seeing a U-turn on agency?

MT Interview: Phil Clay, MD, Chapelhouse Motors

Chapelhouse to take on Omoda and Jaecoo Chinese brands

Dicksons of Inverness under new ownership

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