CECRA, the European Council for Motor Trades and Repairs, has applauded a significant ruling by the Austrian Cartel Court, which found Peugeot Austria (PSA) guilty of abusing market power.
Family-owned franchised dealer group Sandicliffe has informed its staff they will receive a special payment of £500 in April to help them cope with the rising costs of living.
The Austrian Supreme Cartel Court has banned Peugeot from tying dealers payments to customer satisfaction surveys and from subsidising vehicle prices sold at its manufacturer-owned sales outlets.
The investigation into fraud at Lookers has exposed a £19 million ‘black hole’ resulting from overstated supplier bonuses, fraudulent expenses claims and the inconsistent application of policies, processes and accounting standards.
Motivational incentives such as holidays, nights out, office perks or even charity work can pay dividends for car dealers
More UK car dealer groups are trialling product geniuses, higher basic pay or lower bonuses.
Bonuses, holidays, or a handwritten note of thanks? Finding the right way to recognise your dealership employees’ contribution is vital
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%.
Close Brothers Motor Finance CEO James Broadhead believes dealers need to prepare for an end to the “golden scenario” of strong manufacturer incentives.
