Tim Holden (pictured) has returned to take on the CEO role at Holden Group, replacing Martin Webb who has left the business. The company said the decision followed a “strategic review focused on reducing costs and ensuring long-term sustainability” in a market seeing rising costs of doing business. “As part of this transition, Martyn Webb departs the business after a ...
Read More »Last call for van dealers to enter the Motor Trader Commercial Industry Awards
The deadline to enter the Motor Trader Commercial Industry Awards has been extended to Friday, 7 March. The awards 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 ...
Read More »Motorists skip annual car service to cut costs
One in four (25%) of UK drivers admit to skipping their annual vehicle service due to cost. And 18% say they’re likely to do so again in the next 12 months, according to new research by Volkswagen Financial Services (VWFS) UK. The findings come from an independent survey of 2,000 UK drivers, who were asked about their attitude towards vehicle ...
Read More »Arranging motor finance is biggest showroom pain for car buyers
Arranging motor finance is the biggest bugbear for customers when it comes to buying a car. That’s the key finding of the latest Motors Consumer Insight Panel which found 28& of customers rated motor finance as the most dreaded aspect of their showroom experience, closely followed by interacting with salespeople (26%) and trading-in their car (24%). Other friction points included ...
Read More »Tesla January sales fall by 45% in Europe says trade body ACEA
Sales of Tesla cars in Europe went into freefall in January, down -45.3% to 9,945 cars, compared to 18,161 the prior year with market share falling to 1% from 1.8%. The total market fell by just -2.6% for January, according to figures from the European carmakers’ association ACEA. The move was interpreted by some as a negative kick back from ...
Read More »Porsche Retail Group accelerates recruitment drive
Porsche Retail Group is pushing ahead with welcome days and a Q&A with managing director Adam Flint as part of its recruitment drive. The group delivers the highest profit per employee in the Motor Trader Top 200 Dealer Groups. The factory owned dealer group saw each employee deliver an average £76,755 per annum, according to the survey. Fling said: “This ...
Read More »Ex-Pendragon-owned software firm Pinewood trades in the US
UK dealer software and DMS provider Pinewood Technologies Group, which used to be owned by Pendragon until they went their separate ways, has started trading on the OTCQX Best Market in the US. Pinewood’s admission to the OTCQX market will provide transparent trading for investors in the US. US investors will now be able to access the same level of ...
Read More »Mazda rewards sales achievements in dealer All-Stars Awards
Mazda has recognised the top performing dealerships, across the sales and aftersales departments in its annual All-Stars awards. Now in its sixth year, the awards celebrate dealerships that placed within the top 25 in the 2024 Mazda Sales and Aftersales leagues respectively. Mazda has 119 UK dealers. Brindley Mazda Wolverhampton achieved first place in the sales league rankings, while Bourne ...
Read More »FOW celebrates sales milestone for car supermarket
FOW Car Supermarket was celebrating last week the sale of 400,000 cars since its inception 66 years ago. The company has grown from a standing start to a 15-acre hypermarket in Winsford, Cheshire. The 400,000 record was achieved with the sale of a BMW X1 to Michael Shiels, a long-time customer with FOW. Used car supermarket FOW is expanding its ...
Read More »Car repair costs accelerate to ‘all time high’
The rising cost of car repairs is hitting consumers and repairers hard according to Warranty company AutoProtect which said its average warranty claim in 2024 was £502.07, up 9% year-on-year. AutoProtect cited the Motor Ombudsman’s latest annual survey of vehicle repairers, more than half of repairers expect motorists to reduce essential repairs to save money. According to the survey repairers ...
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