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Author Archives: ellisdavies

FLA appoints Lloyds Banking Group Transport business MD to board

The Finance & Leasing Association has appointed Nick Williams, managing director of the Transport business at Lloyds Banking Group, to the FLA Board. Stephen Haddrill, director general of the FLA, said: “I am delighted to have Nick join our Board. His expertise and insights will be much valued, particularly on the evolving role of technology within the industry.” Williams, added: ...

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Dealer advised to “take nothing for granted” as plate-change approaches

Dealers are being advised to review their new car sales processes to maximise on what could be the “biggest September plate-change since 2019.” JudgeService has said that the widely reported improvements in new vehicle supply will see a return to pre-Covid sales volumes for the new 73-plate. However, its newly published State of the Nation: The Big Squeeze study reveals ...

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Special Focus: Digital Trends

With a raft of digital products available, how can dealers pick the right ones and use them to drive profits? The use of data in automotive has become a daily endeavour for retailers, be it keeping tabs on price fluctuations or analysing customer engagement and response rates. With so much to look at, Motor Trader reached out to key industry ...

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Used EV sales up 81.8% in Q2 as overall market continues growth

The UK’s used car market rose by 4.1% during the second quarter of the year, with 1,832,267 units changing hands. According to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT), the increase equates to an additional 72,583 transactions compared with the same period in 2022. It said that the easing of supply chain disruptions has ...

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Dealers expect incoming Chinese brands to succeed in the UK

Franchised car dealers expect Chinese brands to secure a “significant share of the UK’s new car market” within the next five years. According to carwow, expectations are that Chinese brands will establish a modest foothold over the coming year, but their market share will increase markedly thereafter. Only 13% think Chinese brands won’t be successful in the UK. The survey, ...

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Mercedes-Benz partners with Ohme for home charging

Mercedes-Benz in the UK has chosen Ohme as its new official home charging partner. The agreement will see Mercedes-Benz recommend Ohme chargers to customers who need a home charging solution. The Ohme Home Pro charger will be available in Mercedes-Benz showrooms for customers to view. “We are delighted to announce that we will be partnering with Ohme as our recommended ...

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Big Motoring World hits record monthly sales in July

Big Motoring World has recorded their highest number of retail sales in July 2023, with over 3,600 retail units recorded last month. The newly opened Wimbledon car supermarket achieved over 500 retail units from a 500-vehicle display. Across the coming weeks the vehicle display stock at the Wimbledon store will be increasing to 1,000 units in anticipation of further sales ...

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Rising costs are having a “direct impact” on the way people use their cars

Rising costs are impacting the same at motorists use their vehicles. Almost one in five motorists (18%) are no longer “brimming” their tank when they fill up with petrol or diesel thanks to rising mortgage and rent costs. The impact of high housing expenditure on personal finances also means 12% have stopped using their car altogether while 10% want to ...

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GWM ORA UK adds two further UK retailers

GWM ORA UK has added two new UK retailers. Holdcroft and Citygate are the latest retail groups to go live, with Holdcroft Group opening its first sales site in Crewe as well as an aftersales site in Stoke-on-Trent. Citygate Group has already gone live with its first site in High Wycombe, currently GWM ORA’s closest to the Country’s capital, London. ...

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John Clark posts record PBT in year of investment

John Clark has posted a profit before tax increase from its previous record of £24.1m to £25.3m. In its end of year accounts to December 31st 2022, the Group reported that overall turnover rose to £914.3m (up from £910.3m in 2021 and our pre Covid pandemic 2019 value of £820.8m). Its aftersales operations performed well, generating revenue growth of 8% ...

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