The National Franchised Dealers Association (NFDA) has questioned the findings of a global KPMG survey in which automotive executives suggested up to 50% of car dealerships could close by 2030.
Automotive executives believe that 30% to 50% of car dealerships will be closed by 2030, according to KPMG’s Global Automotive Executive Survey 2019.
The consumer car finance market grew 1% by volume during December according to the latest figures published by the Finance and Leasing Association (FLA).
Sytner Group will further expand its used car supermarket division with the opening of a new CarShop location in Nottingham if plans for the new site gain the approval of city officials.
Dealerweb has found that dealers across the UK saw revenues grow from new and used sectors in January while finance penetration increased.
HR Owen and Rybrook have been appointed as Pininfarina’s only UK car retailers ahead of the introduction of the brand’s 1,900PS Battista supercar in 2020.
Citroen is the “most logical” PSA Group brand to integrate into the showrooms of the manufacturer’s franchised Vauxhall sites as part of an emerging shared site approach.
Volkswagen dealers will be accepting orders for the new T-Cross First Edition from February 5.
JCB Group has opened a new Crawley-based Euro Skoda Snow Hill showroom, following an investment of over £500,000.
Desira Group has expanded its business with the introduction of its first MG Motor UK dealership.
Geely’s Lynk & Co brand has claimed the title of the ‘world’s fastest growing car manufacturer’ after 120,414 sales in its parents company’s home market in its first year on sale.
Volvo UK is preparing to follow-up online test drive booking trails with Amazon with the launch of its own end-to-end web-based car sales platform.
Islington Motor Group has marked its 40th anniversary by joining the MG Motor UK franchised dealer network.
Peugeot UK managing director David Peel told delegates at the brand’s national dealer conference to “be prepared” for electric vehicles as its makes the transition to an EV model line-up.
Jardine Motors Group is preparing to officially re-open its BMW dealership in Bury St Edmunds following a £1 million redevelopment of the franchised dealership site.
Grey cars were the most popular among new car buyers in 2018, overtaking black as the UK’s favourite.
Vertu Motors is set to complete a £1.5 million upgrade of its Bristol Street Motors Nissan dealership in Sheffield – doubling the size of the franchise site.
Volvo Cars achieved record global sales success in 2018, with over 600,000 vehicles sold for the first time in its history.
Cambria Automobiles has reported that increased profit per unit generated by its luxury franchise portfolio helped to mitigate the effects of a 24.9% slump in new car sales during the three months to the end of November.
The Ford Fiesta has topped a list of the UK's 'most financed cars' published by Close Brothers Motor Finance - followed by the Ford Focus and the Volkswagen Golf.
