Car retail businesses drove record pay rises in 2022 with bonuses and incentives to management soaring by 70% to deliver average remuneration of £407,000, the latest BDO Salary Survey has revealed.
Increasing numbers of franchised car retailers are considering exit strategies as economic pressures and uncertainty around agency model retail plunge the sector into a period where uncertainty is now the norm, MHA has suggested.
Dacia UK is poised to lead the Renault Group with new digital innovations as it looks to strengthen its position as a “brand in its own right”, according to director Luke Broad.
Taggarts' Jaguar Land Rover (JLR) and Volvo premium car dealerships will be rebranded after more than 120 years' trading as Lookers moves to unify its operations in Scotland.
Hyundai Motor Group plans to invest £11.4bn in a new global software centre and research and development (R&D) headquarters by 2030 as it targets a new era defined by pioneering connected car technologies.
‘High demand’ for petrol and diesel vehicles is continuing to drive the strength of the used car market, according to Cap HPI’s Derren Martin.
BYD’s ATTO 3 delivered a five-star Euro NCAP safety rating ahead of its UK market debut as eight new car models delivered the crash testers top score in the most recent round of testing.
Ohme chief executive Peter McDonald says the electric vehicle (EV) charge point provider will prove its value to car retailers and customers after striking up a new partnership with the Volkswagen Group.
In AM's latest '10 Minutes With...' supplier interview Aston Barclay chairman Greg McLeod talks to AM about the automotive remarketing business's growth since acquisition in 2017 and what will come next.
Former GForces chief executive Giles Smith is set to step aside from his role as Automotive Transformation Group chief product officer following the appointment of Anson Moniz.
Genesis will open its second UK Studio at the landmark Battersea Power Station site in a move that accompanies its shift into electric vehicles (EV).
Cumbrian AM100 car retailer Lloyd Motor Group has continued it recent push for expansion with the acquisition of P.V. Dobson’s Volvo Car UK dealership near Kendal.
Donalds Group has officially taken over the operation of the Kia UK Ipswich dealership formerly operated by Marshall Motor Group.
A new Kia app has “paved the way” for more of its franchised car dealerships to offer short-term car rental services ranging from hourly to weekly vehicle loans.
Great Wall Motors’ (GWM) Ora electric vehicle (EV) brand has appointed Lookers as its first car retail franchisee in England.
