Clive Brook Volvo has committed to a multi-million-pound redevelopment of its existing Bradford dealership after “complex existing lease arrangements” stalled its relocation plans.
UK car dealers Perrys, Gravells and Clive Brook Volvo discuss the strain of continuing to delight customers and trade profitably in a new COVID-19 socially distanced world.
Times have changed dramatically but has the industry moved with them to get the most value out of approved used car schemes? AM investigates...
Original Equipment Manufacturers (OEMs), their National Sales Companies and franchised car retailer networks need to upweight plans to stop the erosion of overhead absorption across the franchised sector, if the viability of their operations is to be improved and customer confidence maintained.
Franchised dealers need to recruit more technicians, target increased retail work and address poor workshop utilisation to buck the trend of “an institutionalised acceptance of low overhead absorption”.
The SMMT has called on Government to bring an end to the threat of a ‘no deal’ Brexit to restore consumer confidence following a 3.4% decline in new car registrations during March.
Car retailers could find recruitment much tougher as UK employment reaches a record high, warns Coachwork Consulting.
Coachworks Consulting has suggested that car dealers will be forced to adopt “guerrilla tactics” to sell new diesel-engined cars when the new 19-plate is introduced in March.
Franchised car dealers should prepare for a rise in demand for MOTs as a record number of cars are due for their first test this year.
The UK’s franchised dealerships missed out on more than £17 million worth of service revenue in the final months of 2018, according to new data published by autoVHC.
Motor retailers could be putting safety and revenue at risk due to lack of robust Vehicle Health Checks (VHCs) management, according to Coachworks Consulting.
Many under-performing retailers are failing to turn leads into sales opportunities by not having suitable processes in place, according to Coachworks Consulting.
September’s 20.5% decline in new car registrations will have a “brutal impact” on some franchised car dealers’ Q3 and full year profitability, according to Coachworks Consulting.
The Vehicle Remarking Association will ask whether 2019 will be “the year of the used van” when it hosts members at Manheim’s Bruntingthorpe auction site next week.
Car manufacturers rush to sell new cars which are not compliant with the new WLTP and RDE fuel economy and emissions legislation has created a “false economy” in which sales rose 23.1% in August.
Car retailers across the UK could be faced with post-Brexit recruitment shortages unless free movement of labour within EU borders is agreed, according to Coachworks Consulting.
Dealers are looking to cut costs by not replacing staff who leave, but this is having a knock-on effect to profitability, according to Coachworks Consulting.
Profitability is at risk as car dealers are reacting to the declining new car market by not filling staff vacancies.
Former JCT600 director Simon Parker has joined Coachworks Consulting as a non-executive director in a bid to help the business achieve its “strategic aim” of doubling turnover.
Dealers need to tailor test drive routes and offer more than the standard “15 minutes around the block” in order to improve their conversion rates, Coachworks Consulting has said.