Vantage Motor Group boss has said that while consumer confidence may wobble post-Brexit there has never been a better time to buy a car.
Despite a bigger compliance burden, finance levels have grown strongly, but what can dealers do to make sure volumes, values and penetration continue to rise?
Average chief executive’s pay jumps 39% and finance director salaries increase 19% to five-year high as average motor retail wages increase by 2.6%.
Greenhous Group has sold its GRS Remarketing subsidiary to US-based KAR Auction Services for an undisclosed sum.
Twitter has announced that it will make a series of changes to how users compose their tweets and while there will still technically be a 140 character limit, the service will be more flexible.
Alphera has seen the majority of plug-in vehicle customers opt for personal contract purchase (PCP) as the method for financing their vehicles, rather than the industry’s expectation for personal contract hire (PCH) to be the preferred method.
Alphera Financial Services director Spencer Halil says it will adapt to challenges in the point-of-sale market by sharing knowledge and thought leadership.
Multi-technician teams may boost labour hours and customer satisfaction
Consumer law experts and consumer champion Which? have called for more information from the Department for Transport (DfT) to see if legal action can be brought against Volkswagen in the wake of its emissions scandal.
Three quarters of Volvo’s 110 UK dealer network have agreed to change their aftersales operations to have two-person technician teams working on vehicles.
Personal contract hire (PCH) has grown from 5% to 7% of the new car finance market, according to Finance and Leasing Association (FLA) data, obtained by AM.
Tesla has said it needs to ramp up production by a factor of 10 if it hopes to achieve its goal of making 500,000 vehicles a year. A Europe factory is likely.
A dealer’s website is what ties all of its online activities together, but many of them are missing basic elements demanded by modern car buyers
Car dealers can use the latest technology and training to protect themselves and their assets, whether inside the dealership or exposed on the forecourt
The internet has radically changed the part-exchange and disposal process for many dealers, from valuing trade-ins accurately to remarketing stock online.
