Used car sales fell by -2.1% in Q3, the second consecutive quarterly dip, according to figures released by the SMMT. The figures show 2,102,078 (2016: 2,148,050) used cars sold in Q3. Year to date sales were on a par with last year growing marginally by 0.1% to 6,338,188 units (2016: 6,329,092). The figures are based on change of car ownership ...
Read More »cap hpi appoints new sales director
John Dennis (pictured) has been appointed as the new UK sales director for cap hpi. Dennis joined the automotive data specialist in 2003 as a key account manager and most recently was head of finance. In his new role, he will lead the expansion of the company in the UK and will report directly to managing director Chris Wright. “John ...
Read More »Vauxhall Insignia Sports Tourer (2017) review (Month 2)
Two months into our long term test and Vauxhall’s latest generation Insignia Sports Tourer is shaping up nicely with over 4,000 miles on the clock and not too many fuel stops along the way. The 1.6-litre turbo diesel engine continues to punch above its weight. It’s a an impressive unit which makes sense of the wider trend of equipping large ...
Read More »Evans Halshaw debuts new Renault corporate branding
Evans Halshaw has unveiled Groupe Renault’s new exterior corporate identity at its Edinburgh West site. The new showroom branding is the next step in Groupe Renault’s corporate identity programme which has already seen 90% of the network embrace the latest Renault Store interior design and is expected to be completed by the end of 2018. The new exterior branding will ...
Read More »New car dealer finance sales fall 11% in September
Point of sale consumer finance tumbled 11% during the September plate-change, according to figures releases by the Finance and Leasing Association (FLA). The fall tracked the decline in new car registrations which fell year on year by 9.3% as the new 67-plate entered car showrooms. However, demand for point of sale finance on used cars increased by 3% in September. ...
Read More »Dealers urged to invest in low cost Facebook advertising
Dealers have been urged to make more use of low cost advertising on Facebook and make their customer databases work harder. The call came from Jeremy Evans, managing director of Marketing Delivery, in this week’s Motor Trader Digital Marketing Webinar, held in association with CarGurus, which focused on Maximising Your Digital Marketing Spend. Evans said dealers had an opportunity to ...
Read More »Over a third of Millennials willing to buy a car online
Over a third of Millennials would consider buying a car online, according to research conducted by Trustpilot and YouGov. The survey polled the views of 1,500 British drivers to better understand attitudes to car purchases. The results found 36% of Millennials, defined as 18-35 year olds, are increasingly open to buying cars online, compared to 25% overall. The survey said ...
Read More »DS Automobiles plans 60-strong UK network in 2018
DS Automobiles has confirmed it will have 30 operational outlets in the UK by the end of December rising to 60 in 2018 as the brand moves to separate its sales from the full Citroen network. PSA’s premium brand will operate a combination of DS Stores which will be standalone dealerships, as well as Salons within Citroen showrooms. DS also ...
Read More »Alfa Romeo reveals Stelvio Quadrifoglio performance SUV
Alfa Romeo dealers will sell their first high performance SUV from next summer when the Stelvio Quadrifoglio debuts in UK showrooms. The new model will target the latest generation of performance SUVs, including the forthcoming BMW X3 M and F-Type SVR, as well as the market leading Porsche Macan, The Quadrifoglio will sit at the top of the Stelvio range, ...
Read More »Volkswagen Group UK preparing for post-Brexit banking licence UPDATE
Volkswagen Group UK is considering plans to apply for a UK banking licence in order to provide car finance loans after the UK leaves the EU. Volkswagen Financial Services (VWFS) operates under its German parent’s licence. However, after Brexit the ability for UK based businesses to operate under the current EU bank cross-border passporting system is uncertain. VWFS told Motor ...
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