Auto Trader has revealed that the Mercedes-Benz GLB Class was the fastest-selling used car of 2024, taking a median of just 16 days to sell. The Mercedes-Benz A Class took silver, with an average of 16.5 days to sell. These models sold almost two weeks faster than the average used car in 2024. At an average of 30 days, used ...
Read More »Polestar to expand sales outlets in Europe and the US
Polestar is expanding its network of dealerships called spaces from 70 to 130 In Europe and from 36 to 57 in North America. The carmaker, which is owned by Geely, released selected results for the third quarter which saw retail sales fall 8% to 12,548 cars year-on-year. Revenues were down 10% to USD 551 million in Q3 2024. For the ...
Read More »Carmakers “need to get their head around” the importance of retail
Carmakers need to “get their head around that retail is important” to deliver on customer experience. That’s the view of Andy Goss, Vertu chair in Vision 2040, a look at the next five years from recruitment consultancy Ennis & Co. “Service and Parts are going to get very difficult moving forward because there’s not much to replace on EVs apart ...
Read More »Startline reveals dealer concerns for 2025
Rising staff costs are the factor most likely to negatively affect business in 2025, according to 40% of dealers. Starline research revealed that dealers are also worried about higher costs for stocking (38%), premises (38%), compliance (34%) and vehicle preparation (33%). Paul Burgess, CEO at Startline Motor Finance, said: “While pressure for pay rises is probably lessening, the increase in employer National ...
Read More »FLA sees ‘challenging’ year ahead for motor finance
Dealers can expect a ‘challenging’ year for motor finance in 2025, according to the latest forecast from the Finance & Leasing Association (FLA). Last year motor finance business reached £38.9bn, a similar amount to 2023 but this year could be different with 60% of finance houses not expecting an increase in sales for the year. “The outlook for 2025 remains ...
Read More »Motors partners with ClickMechanic
Motors has partnered with ClickMechanic to offer used car buyers pre-purchase inspections of vehicles from independent dealers. The option for buyers to select an inspection will feature alongside vehicles listed by independent dealers on Motors. The partnership aims to help independent dealers facilitate remote sales from outside their territories and increase conversion. Lucy Tugby, marketing director of Motors, said: “Transparency ...
Read More »LSH Auto launches new BYD showroom
LSH Auto has launched BYD Bury, a new showroom at Mill Gate Shopping Centre. The high-tech experience store showcases the full range of BYD models. Five cars are on display and test drives of all models are available. Mark Taylor, Head of Business, BYD Bury, said: “BYD provides exceptional value and is committed to making electric motoring accessible for all. ...
Read More »Volkswagen announces prices and specification for new Transporter
Volkswagen has announced prices and specification for the new Volkswagen Transporter Panel Van. Prices start from £30,9951 for the TDI variant and £41,9651 for the BEV model, or £399 per month on Business Contract Hire. The van comes with an enhanced warranty and service plan, the Volkswagen 5+ Promise: comprising five services, two MOTs, a five-year warranty and five years’ ...
Read More »Park’s Motor Group reveals two new Omoda sites
Park’s Motor Group has announced the opening of two new Omoda locations, Park’s OMODA Irvine and Park’s OMODA Motherwell. The Irvine showroom is located on Corsehill Mount Road at the Group’s multi-franchise site, just off the Newmoor roundabout and the A71. Park’s OMODA Motherwell is located on 99 Airbles Road, just off the M74. Both showrooms offer new cars, new car ...
Read More »Arnold Clark represents Chinese brand Leapmotor at four dealerships
Arnold Clark is to represent Chinese car brand Leapmotor in Glasgow, Edinburgh, Perth and Aberdeen. Founded 10 years ago, Leapmotor has two electric vehicles available in the UK – the T03, a compact city car which offers a range of 165 miles, and the C10, a mid-sized SUV with a range of 261 miles. Prices start from £15,995. David Boyd, ...
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