The volume of retailers stocking EVs has ‘flatlined’ year-on-year as confidence in EVs is impacted by market volatility, according to Auto Trader. Just over a third of retailers stocked at least one EV on Auto Trader in July 2023, with 76% of franchised and 19% of independent retailers stocking EVs respectively. 35% of retailers stocked at least one EV in ...

The Land Rover Discovery Sport claimed the top spot in Dealer Auctions Retail Margin Monitor for July, with an average retail margin of £3,525. It also sold in 26 days on average which is close to the all-time top 10 record held by the Mazda CX-5 which sold in 23 days in May 2023. The second-place Land Rover Range Rover ...

Stoneacre Motor Group re-engages with Nissan as a franchise partner through the Grimsby and Hull Nissan dealerships, following its acquisition of Trenton Motor Group. The Stoneacre directors will work with Nissan’s senior team to enhance business opportunities for both companies. Shaun Foweather, MD at Stoneacre, said: ‘‘We are delighted to welcome the Trenton Motor Group team into the Stoneacre family. ...

Used car values across BCA’s online sales reached a 12-month high in July, with results driven by an improved stock mix and active buyer numbers reaching record levels at BCA. Sold volumes rose month-on-month, up by 14% compared to June. Stuart Pearson, BCA COO, said: “The used car sector continued to exhibit a great deal of stability in July, as ...

Carwow will launch a new marketing campaign to help boost retailers’ enquiries and sales during the September plate-change. The campaign will help retailers manage new car stock supply and build pipeline. A recent Carwow survey found half of consumers would like to see deals on new cars that are available for immediate delivery, while 34% would like to see deals ...

Grants or loans to support the used EV market is the number one action dealers would like to the new Labour government to take, according to Startline. 56% would back the move while 50% want cheaper electricity for EV drivers and 45% want to see increased on-street charging. Paul Burgess, CEO at Startline Motor Finance, said: “The list of measures ...

MOTORS has signed a three-year integrated content partnership with Premier League club Brentford FC. The partnership will include bespoke content across YouTube, social and digital channels and an LED pitch side perimeter branding at Brentford’s Gtech Community Stadium. Brentford FC players will also appear in MOTORS’ marketing content. Lucy Tugby, marketing director of MOTORS, said: “Our new partnership with Brentford ...

CarGurus’ 10th annual Top Dealer Awards includes a new category showcasing dealer commitment to customer satisfaction in today’s digital age. Top Value Dealer is the new award honouring the top 100 dealerships in each region with the highest percentage of inventory rated as a “Good” or “Great” deal in 2023. Sam Zales, CarGurus president and COO, said: “It has been ...

Exeter Chiefs and Vertu Motors have extended their partnership for the 2024/25 season. Vertu first partnered with the Club ahead of the 2023/24 season. Vertu will continue to have prominent branding within the Sandy Park stadium and feature on the sleeve of the three matchday kits being worn by the Exeter Chiefs Men’s team. Robert Forrester, CEO of Vertu Motors, ...

Pressure in the new car market during Q4 will surpass the pressure experienced during the economic crash of 2008 and the pandemic in 2020, according to Cox Automotive. Cox Automotive’s revised 2024 new car forecast predicts 2,018,446 registrations will be achieved by the end of the year, a marginal 2.07% decrease on its previous forecast. Insight Director Philip Nothard, said: ...