Home » Blogs » Editor’s Blog (page 2)

Editor’s Blog

Vertu expands, Hedin walks, winning ways

Consolidation was in the air this month with Vertu Motors acquiring the majority of Helston Garages for £120.1m. The acquisition included 28 franchised sales outlets. In a separate deal, Yeomans acquired 12 businesses from Helston Garages. The move saw Yeoman join the VW Group for the first time. It was a significant month for Pendragon, which retained its independence when ...

Read More »

EV Retailing, John Clark, Motor finance challenge

The pace of change in EV retailing was the focus of attention at the Motor Trader EV Retailing Summit 2022, which took place at the Eastside Rooms in Birmingham. Sales of EVs in the UK continue to grow and dealers are at the sharp end with consumers, covering all areas of retailing from new and used EVs through to aftersales, ...

Read More »

MT Top 200, Diversity in motor retailing, EV Retail Summit 2022

Check out the April issue of Motor Trader, which features our annual look at the Top 200 Dealer Groups in the UK by turnover. Dealers turned in an impressive performance in the latest report with profitability and return on sales showing strong gains. While turnover fell 17% to £63.6bn, profitability increased with average return on sales for the entire MT ...

Read More »

Getting to grips with EVs, retaining staff, used cars

This month we launch the first of a series of features looking at Electric Vehicles (EVs). Sales are rising, and dealers and carmakers are responding to the challenges presented, in terms of charging, infrastructure, values, battery replacement, sales and aftersales. Motor Trader has also launched an EV channel on the website and a weekly EV  e-newsletter. In October we will ...

Read More »

Dealers see surge in interest in EVs

Dealers are now beginning to see an acceleration in interest in electric vehicles as carmakers gear up to meet the government’s net zero emissions by 2050. This month we saw The National Franchised Dealers Association (NFDA) reveal that it has now accredited over 200 dealers on its Electric Vehicle Approved (EVA) scheme, which has been reopened. Volvo is one carmaker ...

Read More »