More than a third (36%) of drivers admit they haven’t checked whether a car they are buying has been involved in a previous accident. New research from Close Brothers Motor Finance looked at the 55% of motorists planning to buy a car in the next 12 months and found The research, which looked at what car buyers check when purchasing ...
Read More »Halfords raises profit forecast after strong Q3 trading
Halfords has raised its profit forecasts for 2025 despite warning that it will take a hit from the increase in national insurance announced in the Budget. The garage to bicycle chain said underlying profits before tax would now be up to £37m compared to £32m previously forecast. The company said year on year Q3 delivered 10.3% sales increase in its ...
Read More »Carwow launches subscription model for dealers
Carwow has launched its first subscription payment model for dealer partners that retail used cars via its platform. Available now, the platform is providing a cost-effective route to reaching millions of car-changing consumers with high levels of purchase intent. John Veichmanis, Carwow Chief Executive Officer, said: “Nine million people change their car every year in the UK, and we are ...
Read More »TrustFord opens applications for 2025 apprenticeship programme
TrustFord has opened applications for its 2025 apprenticeship programme. The programme will welcome 62 new Apprentices across England, Northern Ireland, Scotland, and the Channel Islands. The apprenticeships will cover a diverse range of roles, including Technician, IT, Service Advisor, Mobile Service Technician, Sales Administrator, and Parts Advisor. Ashcroft, Human Resources Director at TrustFord, said: “I am delighted that we can ...
Read More »Vertu to support youth football in Birmingham
Vertu, partnering with the Birmingham City Foundation, will support the new Vertu Primary Schools Cup which will get underway in February. The opening round will see teams split into groups of 16, with mixed and girls teams in action at the Wast Hills Training Centre (the training base for both the Birmingham City Women’s team and the Club’s Academy sides). ...
Read More »Steve Young Blog: Distribution smörgåsbord
Having previously suggested that distribution models sit on a spectrum from the traditional franchise through to the direct sales model, I am concluding that this is not actually the right representation of the different models that we will see in 3-5 years time. It will be much more like a smörgåsbord – the Swedish buffet offering a wide range of ...
Read More »Snows quiz night raises over £5k for charity Ben
Snows Motor Group raised £5,566.44 for the automotive industry charity Ben via its annual ‘Big Quiz’. The event, held at the Concorde Club, was attended by members of staff and their friends and family. The quiz night was organised Emily Harris, learning and development Co-ordinator at Snows Peugeot Romsey. She said: ‘‘Everyone had a wonderful time at our annual Big ...
Read More »Former Volkswagen Group UK MD takes on Chair of Lookers role
Global Auto Holdings Limited (GAHL) has appointed former Volkswagen Group UK MD Alex Smith to the role of Chair of Lookers. Smith joins GAHL following six years as MD of Volkswagen Group UK where he was responsible for more than one in every five new cars and light commercial vehicles sold nationwide. Previously, Smith served as Vice President of the ...
Read More »Kent Trading Standards busts two-million mile clocking ring
A two-million mile clocking ring has been broken up by Kent Trading Standards with the clockes getting suspended sentences. Ryan Regan, 34, of Wallace Way, Broadstairs, Thomas Hamilton, 34, of Hugin Avenue, Broadstairs, and Darren Cradduck, 59, of Beech Avenue, Chartham, all pleaded guilty to conspiracy to commit fraud in a case heard at Canterbury Crown Court. Regan and Hamilton ...
Read More »Standout Capital investment in Tjekvik to boost development of solutions for dealers
Standout Capital has invested in Tjekvik and become a majority shareholder in the aftermarket solutions company. The company’s founder and management team will retain a significant shareholding in the company and continue to implement future strategy. The investment will help Tjekvik to accelerate the development of new solutions and meet demand for its solutions as the company serves over 1,700 ...
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