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Motor Trader Magazine
10.04.2024
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
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
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
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
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
09.04.2024
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
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
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
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
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
The digital landscape has been transformed over the past decade with dealers focusing increasingly on digital marketing compared to traditional mar
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
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
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
Lack of support from carmakers on dealer electric vehicle charging infrastructure is the biggest bugbear for dealers. The latest Dealer Attitude Survey fro
06.04.2024
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
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
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
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
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
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
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
05.04.2024
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
Swedish video technology group Phyron has upgraded its Artificial Intelligence (AI) powered video creation software. The overhaul means regular 2D photogra
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
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
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
Vertu Motors CEO Robert Forrester has accused the government of "doing nothing" to stimulate sales of battery electric vehicles (BEVs). The government, he
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.
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
04.04.2024
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
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
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
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
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
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
03.04.2024
Chapelhouse Motors is to represent Chinese manufacturer Chery’s Chery Omoda and Jaecoo brands. The North West dealer group, which currently holds the Kia,
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
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
"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