Carmoola’s analysis of 40 million car sales, in collaboration with Brego, has revealed that the Hyundai i10 is the most depreciation-proof car sold in the UK. It lost on average 16.6% of its original value in the first three years or 36,000 miles. At a current average sale price of £9,134, a Hyundai i10 would only lose £1,516 in that ...
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Kia UK’s National Dealer Conference, held in Liverpool yesterday, was attended by over 1,000 Kia dealer staff. The Awards celebrates performance across the network of 190 Kia dealerships in the UK. The conference opened with a new mantra for the coming year: ‘Take the Lead’. Paul Philpott, President and CEO of Kia UK, said: “In 2024, Kia experienced record sales ...
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Evolution Warranties is lining up further acquisitions following its purchase of Auto Group last year. The warranty provider reported sales revenue of £2,956,570 for the year to 31 August 2024 its first full year in business. The group turned in losses of £310,300, reflecting the investments made to expand the business with new product offers and the acquisition of The ...
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The Motor Trader Golf Cup is now open for dealerships to enter their teams for this year’s competition. The event is taking place Tuesday 1 July 2025 at the Brabazon Course at The Belfry a world-famous stage on which some of golf’s most exhilarating dramas have played out. Walk in the footsteps of golfing legends – Seve’s historic drive onto ...
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The Automotive 30% Club has announced the Inspiring Automotive Women 2025 award winners. Nominations were made through the “Inspiring Automotive Women – Who Inspires You?” LinkedIn campaign that ran in July 2024, and was sponsored by the Lithia UK businesses Evans Halshaw, Stratstone and Jardine Motors Group. This resulted in 508 nominations, from companies within and beyond the Club members. ...
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KGM dealers are set to offer customers a wider range of finance products with the launch of KGM Financial Services. CA Auto Finance, the UK subsidiary of CA Auto Bank, and KGM have deepened ties to launch ‘KGM Financial Services,’ offering consumers retail and contract hire finance products, value added products, and wholesale financing. Drivalia which is the rental, leasing, ...
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Leasing firms have warned at how poor electric vehicle residual values is going to hit their business as EV volumes rise in the used car sector. In its latest market report it said: “Like meteorologists tracking hurricanes, leasing companies are staring at the horizon and not liking what they see. There’s a named storm coming, and its name is electric ...
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The Hendy family has acquired a 1949 Ford Anglia EA94A, with less than 5,000 miles on the clock, which was sold by Percy Hendy 75 years ago in Chandler’s Ford. The Anglia was purchased by Rebecca Hendy, chairperson and trustee of the Hendy Foundation (the charity arm of the Hendy Group), and her two sons Will and Ben. It was ...
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Grainger Motor Group won six awards at the KIA UK dealer conference which took place at the ACC in Liverpool yesterday. Mantles Kia took top spot in the Dealer of the Year 2024 category, followed by EMG Motor Group Cambridge and EMG Motor Group Thetford. In a LinkedIn post, Neal Grainger said: “These accomplishments wouldn’t have been possible without the ...
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Warranty Solutions Group is the headline sponsor of the Motor Trader Commercial Industry Awards, which will take place at the Hilton Metropole NEC on 29 April 2025. The Motor Trader Commercial Industry Awards cater for dealers, suppliers, and service providers in the motor transport arena. The awards take place on 29 April, the evening of the first day of the ...
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