News - Page 113
Hedin's takeover plan of Evans Halshaw and Stratstone owner Pendragon gets extension
The London Stock Exchange has extended the deadline for Sweden-based Hedin Group to continue discussions and due diligence with Pendragon before it must decide whether to make a formal takeover bid for the major AM100 dealer group which trades under the Evans Halshaw and Stratstone brands.
AM News Show: Used car shortages will ‘stick with us’ says Auto Trader’s Ian Plummer
The automotive retail sector’s used car shortages “will stick with us” for some time to come but it is not altogether bad news, Auto Trader commercial director Ian Plummer has told the AM News Show.
Futureproofing the independent used car dealer to be debated at AM Live
Tackling the biggest challenge facing the independents in the used car market - stock acquisition - and urging dealers to embrace EVs to help futureproof their businesses is part of the remit of Independent Motor Dealer Association’s (IMDA) session at Automotive Management Live 2022 on November 10.
How dealers cope with changing consumer behaviours
Consumer behaviour is constantly evolving particularly in a volatile and fast-changing market so it has never been more vital to deliver a bespoke car buying experience, says iVendi’s chief commercial officer Darren Sinclair.
Stellantis UK restructure to cut dealerships and build market area system
Stellantis UK will adopt a contiguous market area-style network plan to streamline its franchised dealer relationships. The new approach is part of a wide reorganisation at Stellantis UK, including management team changes.