The recovering new car market continued to grow in November with registrations up by 7% to 159,581 units, the month’s best performance since 2004, according to figures released by the SMMT.
Read More »Peugeot dealers urged to focus on new sales
Peugeot is urging a number of its under-performing dealers to shift their focus away from selling used cars to new models, where better margins can be achieved...
Read More »Honda dealers top service retention survey
Honda dealers are the best in the UK for customer service retention according to new data from Castrol. The 2013 Car Servicing & Repair Trend Tracker report found that 40.3%...
Read More »Vertu buys three Volkswagen dealerships
Vertu Motors has bought East Midlands-based Brookside’s three Volkswagen dealerships for £4.7m, including £1.6m goodwill. Brookside, which has two Volkswagen dealerships in Nottingham and one in Mansfield, generated turnover of £35.7m and...
Read More »Profits rocket at Caffyns in first half
Profits more than doubled at dealer group Caffyns in the half year to 30 September on the back of its restructuring programme and continued improvement in new and used car sales...
Read More »Glass’s claims values leadership
Glass’s is launching a media campaign claiming its used car values are now the most accurate in the industry...
Read More »New car sales growth is ‘sustainable’
SMMT President Tim Abbott said the trade body was expecting “modest growth” in new car registrations in 2014. But he said the motor industry did not want to return to a pre-crash environment and create...
Read More »Vantage to represent Hyundai in Stockport
Meridian Motor Group is to build a Hyundai dealership in Stockport, Greater Manchester. The deal will see group turnover increase to more than £200m a year and will...
Read More »Used car prices continue to fall in November
Used car prices continue to fall in November according to Black Book Live. It said November has been the first month in 2013 when used car prices have fallen “significantly” in the trade...
Read More »MT Top 200 highlights sector recovery
The newly published 2013 Motor Trader Top 200 reveals a sector moving from recovery to growth mode. The report, the biggest of its kind, provides a unique snapshot...
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