Editor’s Choice

Big Motoring World is set to open a sixth car supermarket. The second London site will be housed on a former Manheim Wimbledon auction site. The car supermarket will create an extra 100 jobs and recruitment for sales professionals has already started. The new Big Motoring World Wimbledon site will be opening its doors on June 1st. Peter Waddell founder ...

TrustFord has announced changes to its senior leadership team, including the appointment of a new CEO. Stuart Mustoe, who currently holds the position of finance director and has been acting chair and CEO since the retirement of the late Stuart Foulds in February 2022, took up the CEO position on 1 March. Mustoe joined what was then Ford Retail as ...

Tesla said yesterday that it will halve the cost of the next generation of its cars. CEO Elon Must and directors gave a general outline of the plans at an investors’ day at the EV maker’s HQ in Texas. Tesla CFO Zac Kirkhorn said “there was no silver bullet” when it came to cost cutting which had to be achieved ...

Inchcape is carrying out due diligence and testing of the Tekion cloud-based dealer management system which it plans to install across its UK dealer network. Tekion is a relative newcomer to DMS market. It was founded in 2016 by Jay Vijayan, chief information officer of Tesla for four years. Vijayan led the IT team which built and scaled Tesla’s digital ...

Used electric vehicle (EV) values are down -9.1% is £17,880 in mid-February year on year due to Tesla price cuts and oversupply. The EV decline is in sharp contrast, to petrol and diesel cars up 3.3% and 1.4% to £16,266 and £16,326 respectively. According to Auto Trader the EV decline is “heavily influenced” by the premium end of the market. ...

Lookers is investing £1m in its Nissan dealership in Gateshead. The investment at the Stoneygate Close site will create an “ultra-modern” facility for customers and staff that includes a full interior makeover and the development of a bright and spacious showroom that will showcase at least 12 Nissan vehicles. The extensive refurbishment, which is now under way, is the latest ...

Jeep has announced changes to its UK management team. Jules Tilstone is appointed managing director with immediate effect. He will be joined by marketing director Nicola Austen and Christian Theobald as regional operations & Jeep Sales director on the management team. With over 20 years of experience across Stellantis, Tilstone started his career with the company as commercial manager, developing ...

Snows Motor Group is set to open new Vauxhall and Citroen dealerships in Basingstoke. The two businesses have been acquired from J Davy. Snows now has three Vauxhall dealerships: sister sites in Southampton and Chandlers Ford joined the group last year. Citroen rejoins the company as a manufacturer, with the newly acquired Basingstoke business running alongside a service and repair ...

The Vehicle Remarketing Association (VRA) has called for the government to provide support for EVs in the spring Budget. The trade body, which represents the views of companies manage more than 1.5 million used vehicles every year, said there is an “imbalance” in government incentives between new and used EVs, and that more needs to be done to ensure a ...

After a highly successful career on both the OEM and retail sides of the automotive industry, Andy Goss has a unique perspective on the new agency model being rolled out to replace the traditional franchise dealer system. In a conversation with Lynda Ennis, founder and CEO of executive search group Ennis & Co, he gave his personal view on the ...