Car dealer groups are at risk of losing talented female staff who take time out to have children and then choose to resume their careers in other sectors.
Dealers will need cashflow to bridge the gap until the Government’s business and employee support funds drop in, however they must resist a fire sale of stock, ASE Global’s chairman Mike Jones has warned.
As Coronavirus is expected to cause an economic downturn of up to 3% per month, CDK, CitNOW and RAPID RTC take action to help their dealer customers.
The motor industry may have dipped a toe in the online retail pool, but Zoople and LoveFilm founder Alex Chesterman has just leaped in head-first with his latest project - car retail platform Cazoo.
Motor sector suppliers continue to enhance their support services for consumers during the coronavirus crisis, while the reactions of national online retailers have been mixed.
More motor retail industry suppliers are pulling out the stops to help their dealer customers as the majority of the UK population is ordered to stay home while the coronavirus threat remains.
Several franchised dealer groups had announced on Monday the temporary closures of their car showrooms just hours before Prime Minister Boris Johnson announced a lockdown of all non-essential workers and businesses tonight.
AM's editor Tim Rose urges UK motor retailers to heed the Government advice and avoid all non-essential contact with others.
The April issue of AM magazine, with exclusive interviews with online retailer Cazoo's CEO Alex Chesterman and Ford of Britain MD Andy Barratt, has been published today in digital format and in paper formats.
Volvo Car UK has recognised the top performing retailers in its network at its annual awards event following the highest sales result for the brand in three decades.
A legal action filed in the UK against five major shipping companies hopes to win back small "overpayments" for new car buyers.
Lookers has presented an award marking 45 years of service from George Currie in its Northern Ireland Charles Hurst dealerships.
Mazda dealers hope their sales will take off with the 2020 addition of a new crossover SUV in the C-segment.
The Finance and Leasing Association’s chairman has urged the sector’s regulators and policymakers to work more closely with the industry and ensure motor and asset finance is able to help the UK reach its zero emissions goal.
The Institute of the Motor Industry celebrates its 100th birthday this year and has pledged to raise £100,000 for the motor industry charity Ben.
