Editor’s Choice

Hendy group has appointed Kevin Souster as head of service, joining the senior leadership team at the automotive group. Souster joins Hendy after working at the Renault Group for the last 16 years having held various roles in both sales and aftersales, most recently as its head of network, aftersales. His whole career has been in motoring having started as ...

Isle of Wight dealer Leslie’s Suzuki was crowned overall National Dealer of the Year at the Suzuki GB annual Dealer of the Year awards held in Tenerife. Pearson Wemyss Bay was awarded Best Customer Experience throughout the year at the event. All dealerships were assessed on the percentage of target sales achieved, finance penetration percentage, sales and service customer experience ...

Steve Eley has joined Marshall Motor Group as franchise director for Volvo. He will be responsible for Marshall’s seven Volvo Retailers located across the Midlands and the East of England. Eley has worked in the motor sector for 37 years, most recently as franchise director at Lookers for Vauxhall, Nissan, Renault, Dacia and Kia. Eley said:  “I am delighted to ...

Vertu Motors has issued a profits warning following ‘significant’ reductions in wholesale used car values. It cited Cap figures showing values fell 4.2% in both October and November with sharper cuts for premium brands of 7% to 11% each month. It cut prices to maintain stock turn and used volumes fell 2% for the three months to November compared to ...

Daksh Gupta, the former CEO of Marshall Motor Group, is joining Huws Gray building merchants in January as the company group chief executive officer.. The announcement on LinkedIn puts to an end speculation on where Gupta would reappear and in what role. Gupta left Marshall when it was acquired by Constellation and was on gardening leave for an extended period. ...

Inchcape is to shut eight of its 17 Bravoauto used car supermarkets at the end of the month which are failing to make sufficient returns. Motor Trader understands that 100 staff have been issued with redundancy notices as the company takes steps to ‘optimise’ the network. In a statement issued to Motor Trader, Inchcape said: “We continuously develop and optimise ...

Carmakers are pulling the plug on their factory owned dealer groups even as they push forward with the Agency model. He ICDP: European Top 50 Dealer Groups 2022 found that Mercedes-Benz and Renault have jettisoned outlets over the past 18 months. “Amongst the OEM-owned dealer groups, the general trend is for them to reduce their own retail networks, even whilst ...

Used car values continue to fall according to valuation guide cap hpi. The group reported that used values have slipped 1.5% on average since the publication of its most recent monthly editorial on 27 October. The news follows the 4.2% drop reported at the end of October, which marked the largest drop in a single month since the introduction of ...

Stellantis turned in a polarised performance in October’s new car sales with DS, Fiat and Abarth continuing to struggle while Citroen, Vauxhall, Peugeot and Alfa Romeo were on the up. DS, Fiat and Abarth delivered the weakest sales performances of all brands monitored by the Society of Motor Manufacturers & Traders. Abarth saw a 75% decline in sales to just ...

Sytner Group turned in a strong performance in 2022 with pre-tax profits of £178.9m compared to £178.1m the prior year on turnover up 17.9% to £6.8bn. It said operating profit for the year increased to £198.1m (2021: £187.4m), despite high inflation and a £6.5m increase in energy costs for the period. “Profit before tax for 2022 was just slightly ahead ...