Warranty Solutions Group is launching the Prep4Less programme amidst steep rise in repair costs. Research from WSG revealed a 15% increase in the cost of used car repair bills over the past year, rising to an average of £528.05 (up from £458.57 in 2023). Supply chain disruptions caused by the global parts shortage and labour rates implemented by repairers to ...
Read More »Industry enters 2025 with positive pricing trends
The average price of a used car in December was £16,649, down 0.6% MoM, compared with November. This year’s price movements are more in line with seasonal norms, says Auto Trader. The decline in prices of younger cars is impacting the movement of prices overall. In turn, pricing is driving the increased speed of sale. In December, cars sold three ...
Read More »BookMyGarage generated over £22m in retail work within three months
Independent garages utilising BookMyGarage undertook £22.26 million worth of additional work from retail customers within three months. From September until the end of November 2024, BookMyGarage generated a substantial increase in business for independent garages. Motorists are using digital tools to meet vehicle ownership requirements. BookMyGarage chief marketing officer, Jessica Potts, said: “At BookMyGarage, we are heavily invested in driving ...
Read More »Carwow predicts strong demand for Q1 2025
Carwow has predicted strong and sustained demand through Q1 of 2025, particularly for used cars. Used car enquiries placed with dealers via Carwow increased dramatically during Q4 2024, up by 49% versus the same period in 2023, while new car enquiries rose by 12%. There was a 14% increase in overall visits to Carwow between Christmas and New ...
Read More »Steve Young Blog: Strategy vs tactics – what’s right for 2025?
Firstly, happy New Year to all that follow this blog! I hope that the break has allowed you to recharge your batteries, ready to re-engage in your business for the next, doubtless eventful, twelve months. I’m sure that your inbox will be full of projections for 2025 related to the world in general, the economy and our industry, so I ...
Read More »Volkswagen Golf tops Close Brothers’ most financed cars of 2024 list
Close Brothers Motor Finance has revealed its list of the most popular cars to finance in 2024. The Volkswagen Golf topped the list, followed by the Ford Fiesta and the Ford Focus. John Cassidy, MD of Sales at Close Brothers Motor Finance, said: “The continuing challenges facing motorists is reflected in the selection of petrol and diesel vehicles on this list. ...
Read More »December online traffic outperformed used seasonal norms
Buyers searching online for used cars remained active in the month of December with online traffic outperforming season norms, reported MOTORS. Traditionally, the pre-Christmas period is a slow period but significant activity in the final quarter of 2024 has led to MOTORS reporting its highest ever volume of December online traffic. Lucy Tugby, marketing director of MOTORS, said: “December is ...
Read More »TMS Motor Group acquires Loughborough Kia
TMS Motor Group has acquired Loughborough Kia and strengthened its presence in Leicestershire. Oli Johnson hands over the keys from one family to another. The service offered by Kia Loughborough is now bolstered by the enhanced offerings and greater choice of vehicles from TMS Motor Group. Len Hallows, MD, said: “We are thrilled to welcome Loughborough Kia to the TMS ...
Read More »England Rugby ace collects BYD Seal from Alan Day BYD New Southgate
England Rugby player Chandler Cunningham-South collected his £45,000 BYD Seal from Alan Day Motor Group’s BYD New Southgate showroom. Chandler, 21, praised the all-electric vehicle’s smooth and effortless handling. He said: “It drives like a dream, the performance is outstanding, and it’s so easy to handle. It’s like nothing I’ve driven before.” The BYD Seal, a flagship electric sedan, offers ...
Read More »Ryders of Warrington joins KGM Motors UK dealer network
Ryders of Warrington has joined the KGM Motors UK dealer network, operating as Ryders KGM. Located on Athlone Road, Warrington, Cheshire WA2 8JJ, Ryders KGM has been present for more than 30 years. Scott Ryder, dealer principal at Ryders KGM, said: “We are thrilled to join the franchise and begin this exciting new chapter as Ryders KGM. “For over three ...
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