Independent retailers must offer PCP funding on used cars in order to grow sales over 2018, according to Jonathan Holland, managing director at ADESA Remarketing. “PCPs have become the norm in the new car market as buyers move away from the concept of needing to own their vehicles,” he said. “They have proven to be particularly popular with millennials coming into ...

According to new Motorparc data released by the Society of Motor Manufacturers and Traders (SMMT), female car ownership has reached a new record of 11.8 million vehicles in 2017. This represents a 21% increase in female car ownership since 2007. The 11.8m figure makes up marginally more than a third of the 34.7m cars on UK roads – itself a ...

Andy Barratt, chairman and managing director at Ford of Britain talks about dealer profitability, return on investment for the network, new car sales in 2018 and the crash in diesel confidence The NFDA surveys from 2017 had some good results for Ford. What can you do to maintain that performance, address any issues that might be coming up in the ...

A new report commissioned by the Institute of the Motor Industry (IMI) has revealed some startling insights into how electric vehicles (EVs) are perceived by the UK public. Nearly one third of those people surveyed said that they would never consider buying an EV. Two thirds (66%) said they would not know where to find a charging point, while 82% ...

Suzuki GB has announced that it is to withdraw its advertising campaign featuring television stars Ant & Dec. No further advertising material featuring the duo will be aired, effectively ending Suzuki’s endorsement deal with the pair. The decision follows the arrest of Anthony McPartlin (pictured left) on March 18 for suspected drink driving. After being released from police custody the ...

Johnsons Cars has signed a new three-year deal with BCA to manage over 20,000 vehicles. The multi-franchise group is one of the largest independent car dealerships in the country, operating 35 sites from Berkshire to the North West. Recent acquisitions include Chambers of Sutton, which included a Mazda and Hyundai dealership in Tamworth and a Ford franchise in Sutton Coldfield. ...

Following Ford’s recent reveal of the third-generation Fiesta ST, Vauxhall has announced plans to revive the Corsa GSi. This will be the first time in 25 years the GSi nameplate has featured in the Corsa line up. The new GSi will be based on the same tuned chassis underpinning the existing Corsa VXR, including the suspension and brakes (with painted ...

Porsche Centre Bolton, part of Stratstone, has revealed the results of a recent dealership refurbishment. Upgrades include four additional ramps in the workshop to help to reduce service lead times. There is also a newly-extended Parts department with more inventory capacity and a new vehicle handover bay. There are also two new ‘direct dialogue bays’ where customers can talk with ...

The Finance & Leasing Association (FLA) has reported that new data from January shows a 7% increase by volume and a 13% increase by value in new business for point of sale (POS) consumer car finance. This is in comparison to year-on-year figures from January 2017. On the downside, new business volumes in the POS consumer new car finance market fell ...

South Korean SUV and commercial vehicle manufacturer SsangYong has added two new dealerships to its national network, Frasers of Edinburgh and Lawrence of Kemnay, in Inverurie, Aberdeenshire. Frasers is already the largest SsangYong dealer in Scotland, after opening its first location in Falkirk just three years ago. Three new jobs will be created at the new showroom, which is 27 ...