The average franchised car dealer missed out on £429 million of aftersales income by selling just 53% of urgently required work, according to the findings of autoVHC’s annual aftersales report.
British motorists are happy to pay more to use a garage they trust than get the work done cheaper elsewhere, according to research.
Sytner Group’s top technicians showcased their speed and skill in the workshop as they took on the car retail group’s Elite Technician Challenge to win a VIP trip to Indy Car’s Detroit Grand Prix.
Franchised car retailers in the North West should be filling their workshops with vehicles damaged by the capital’s gaping pot holes, according to data which suggests vehicles have sustained £915 million of damage due to rutted roads.
Customers are now able to pay for parts in monthly instalments with the launch of Auto Service Finance by Mopar.
Land Rover has recognised the best dealerships from with its franchised retail network with the presentation of its annual awards.
Jardine Motors Group HR director Clare Martin has warned that the issue of automotive skills shortage “will widen” with the increasing demands of technical expertise in dealership workshops.
Marshall Motor Holdings has reported a 19.5% increase in turnover and a 14.4% rise in underlying profit before tax in a set of annual financial results hailed as “excellent” by chief executive Daksh Gupta.
Cap HPI has responded to dealer demand for accurate specification data for part exchange processes with its Spec Check product.
Dealers may have a sales struggle in March, as February figures show a decline in sales and enquiries for both used and new cars.
Regit raised more than 50% of its £1.2million crowdfunding target within 24 hours as it aims to use the innovative funding stream to grow its online users from 1.4 million to six million.
Franchised car dealerships experienced a 24% slump in workshop activity during Q4 as 323,000 fewer vehicles passed through their aftersales departments, according to autoVHC.
EMaC has reported a 25% rise in revenues from its service plans as soaring vehicle service plan sales generated over £252 million worth of aftersales revenue for retailers in 2017.
BookMyGarage has been ranked 35 in SyndicateRoom’s list, Top 100: Britain’s fastest-growing businesses.
Ten Volkswagen dealer group employees have been awarded Golden Pin awards to recognise their “exceptional contribution”.
Pendragon’s share price has rallied following the publication of full-year financial results revealed the AM100’s second largest retail group had suffered a 19.9% dip in underlying profit before tax.
AutosOnShow has announced the launch of its car sales video platform in 20 languages as part of its international expansion.
Airbags continued to be the main cause of vehicle recalls in Q4 2017, accounting for 20 (30%) of the 65 issued for passenger cars.
Peugeot and Toyota cars have been identified as the most expensive to repair, according to internal data from WhoCanFixMyCar.com.
A delay in insurance legislation implementation does not mean that dealers should relax their steps to comply, says The Warranty Group.
