Vertu Motors is investing £3.6m in two new Volvo sites, Volvo Yeovil is relocating while Volvo Plymouth (pictured) will see the brand in the area for the first time in 17 years. Volvo Yeovil is moving from its temporary location to Lynx West Trading Estate and Volvo Plymouth is opening on Oreston Road, Plymstock. Nick Jones, Volvo Franchise Director at ...
Read More »Hendy Group sponsors Southampton Marathon in 2025
Hendy Group is supplying the Southampton Marathon 2025 with course vehicles as part of a renewed sponsorship agreement. There will also be a team of Hendy runners participating in the event, which takes place on 6 April, to raise funds for the company’s own charity, Hendy Foundation. Hendy’s sponsorship is the latest stage in a 16-year collaboration with ReesLeisure, the ...
Read More »Higher costs and charges see Harwoods turn in -£12.5m losses for 2023
Harwoods Ltd went into the red in the year to December 2023 turning in losses of £12.5m on turnover of £625.7m for the period. This was in sharp contrast to profits of £7.8m and turnover of £636.3m in the prior year, according to figures filed this month at Companies House. It said the year had been challenging one for the ...
Read More »Cox Motor Group deploys Indicata’s pricing platform
Cox Motor Group has deployed Indicata’s used car pricing platform across its eight franchised dealers to support used car growth. The dealers represent Honda, SEAT, VW, MG, and the Group’s Automart sites. Geoff Stothert, Cox Motor Group’s sales director, said: “We work on a 7-day strategy of repricing stock by using Indicata data. It ensures we spend time reviewing every ...
Read More »Electric Van leasing leapt 36%, says leasing.com
Electric van leasing enquiries increased by 36% last year, according to Leasing.com. This surge was driven by falling costs, government incentives, and sustainability goals. By the end of 2025, EVs are expected to exceed 35% of the leasing market due to strict emissions targets and an increase in the number of models available. Mike Fazal, CEO at Leasing.com, said: “Extending ...
Read More »Vertu’s Renault LCV Centre in Plymouth reopens
Vertu’s Renault LCV Centre Plymouth has reopened following extensive refurbishment. Located at 257 Ridgeway, Plympton, the site underwent a transformation to improve the showroom and workshop in order to enhance customer experience and operational efficiency. In a LinkedIn post, Vertu quantity surveyor Tony Rath, said: “Having been directly involved in the project’s delivery from both a Project Management and Quantity ...
Read More »FCA releases statement on motor finance review next steps
In a statement released today, the FCA has said it is longer planning a further announcement in May and will confirm within 6 weeks of the Supreme Court’s decision if it is proposing a redress scheme and how it will take it forward. The FCA was granted permission to intervene in the case and filed its submission with the Court. ...
Read More »Richard Hardie Group partners with HiQ
Richard Hardie Group opened its new HiQ Tyres & Autocare centre at its Ashington, Northumberland premises on 3 March. The autocentre is located on Lintonville Parkway, Ashington, Northumberland, for tyre fitting, MOTs, vehicle servicing, brakes and general repairs. Customers can benefit from same-day or next-day appointments. Nick Hardie, MD at Richard Hardie Group, said: “We’ve always specialised in new car ...
Read More »Dealers can save over £1m each year by embracing automation, says Autofinity
Dealer groups can expect to save over £1m each by embracing automation to streamline their used car online merchandising, says Autofinity. Autofinity’s chief solutions officer Chris Banks led an in-depth analysis to uncover the true price tag of marketing a used vehicle online whilst in stock. The company then liaised with dealer group partners to check the authenticity of these ...
Read More »EMaC extends partnership with Toyota GB
EMaC has extended its partnership with Toyota GB by signing a new 5 year contract to drive customer retention. The contract will see the rollout of additional jointly developed customer-focussed products starting this year. Liam Finney, EMaC commercial director, said: “We’re delighted Toyota GB has chosen EMaC as its exclusive retention partner as part of its strategic mission to deliver ...
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