Used car values dropped 0.7% in January as dealers saw lower retail demand for vehicles priced over £12,000. The drop was larger than the seasonal trend, where over the last five years the movement in Black Book Live for January was an average of -0.4%. A downward trend was seen for all mainstream sectors, but MPVs and SUVs were worst ...
Read More »Balance of power shifts from insurers to bodyshops
The total market value for UK primary car body repairs is expected to increase by 14% over the next four years as the balance of power shifts from insurers to repair outlets. A new report from Trend Tracker forecasts that it will rise from £4.75 billion in 2018 to £5.43 billion in 2023. Mark Bull, director of Trend Tracker and Auto ...
Read More »UK car dealers remain confident in the face of Brexit
UK car dealers are confident about future business prospects, despite the uncertainty surrounding Brexit, according to a Close Brothers Motor Finance’s Dealer Satisfaction Survey. The quarterly survey found that 95% of dealerships are confident about market prospects and stability for the coming year, and that the expansion of new vehicle types and new finance products are the biggest opportunities of ...
Read More »Suzuki wins automotive top spot in 2019 customer satisfaction
Suzuki GB PLC has been listed as the best car brand in January’s Institute of Customer Service’s UK Customer Satisfaction Index (UKCSI). The result comes from research comprising 45,000 consumers that were asked to rate their experiences with 260 companies across 13 sectors. The company achieved and index score of 83 – up from 81.5, and climbing 29 places, in ...
Read More »MG gears up for future expansion
MG Motor UK is expanding its new vehicle operations with BCA pending an expected increase in new stock arriving in Bristol in 2019. The operation, managed from Portbury, includes inspection, handling, storage and technical services. The MG3, MG ZS Compact-SUV and the MG GS are prepared for distribution to the dealer network by BCA. 2018 was MG Motor UK’s most ...
Read More »Inchcape celebrates newly trained managers
The first group of business managers to be successfully assessed against the Institute of the Motor Industry (IMI) Accreditation for Finance and Insurance (FI) standards have been recognised by Inchcape Retail. The 10 managers undertook a training programme developed by Group FI Training Manager Ian Woodward to test their capabilities. The one day course comprises competence-based and discussion activities that ...
Read More »McLaren looks to inspire pupils
McLaren Birmingham opened its doors to local pupils over the weekend to show them how science and math contribute to the manufacture of iconic sportscars and supercars. The year 7 students, from Alderbrook School, met engineers and designers who spoke on how they came to work at McLaren Automotive, and how their skills help to further the automotive sector. Students ...
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