In 1999, Nissan was down and very nearly out. The number two Japanese car manufacturer was saved from collapse by an alliance with Renault and Carlos Ghosn, the hard man that the French put in to turn it round. Today, Nissan is looking good, with sales rising in Europe and the US, and it can claim to be Britain’s largest ...
Read More »Unchartered territory for used values in 2015
Used car values fell 2.9% in November, the biggest fall since summer 2011. So, is this a seasonal blip or the first signs of a more significant trend? Dealers will be expecting a bounce as demand picks up in the first quarter of 2015. But it can be argued that the industry is in unchartered territory as the percentage of ...
Read More »MT Top 200: A good year for dealers
This month we reveal the names and rankings of the UK’s biggest groups in the Motor Trader Top 200, the most comprehensive analysis of the health and wellbeing of the franchised dealer sector. The survey, which rates groups according to annual turnover, reveals just how successful the motor trade was during the last financial year, a trend which has continued ...
Read More »Renegade SUV set to become Jeep’s top seller
A product of the Fiat-Chrysler union, the Renegade SUV could help turn around Jeep’s fortunes in the UK with prices starting at £17k On the face of it, not a very promising idea: a Jeep, the quintessential American vehicle, made in Italy, and built on the platform of a small Fiat hatchback. The new Jeep Renegade has had mixed reviews ...
Read More »The video CV comes of age
On the smartphone in your pocket is a video camera providing a level of visual and audio quality that, just a few years ago, would have required a three man broadcast crew. Because of this technology, in the last few months, we have seen more and more candidates in all kinds of motor industry positions come to us with not ...
Read More »Making the best use of the web
What can dealerships do to ensure people are confident they are driving away with the best car for their particular needs? A survey on car buying behaviour that we carried out recently found that over half of the drivers in the UK use the internet as their first port of call to research their next car purchase. It’s clear that ...
Read More »Funding used car stock
In 2013 NextGear Capital carried out research to find out what
Read More »A big budget launch and a clean sheet for Jaguar’s new XE
This was a car launch quite different from any other in my experience.
Read More »End of a Lifetime
As press releases go it was a short one. Its timing was also curious; issued as the UK motoring press was en route to the Paris Motor Show, a good day to bury awkward news? So what are we to make of Vauxhall ditching its Lifetime Warranty cover, a flagship product launched to much ballyhoo in 2010? What’s certain is ...
Read More »Dealing with a Competition & Markets Authority acquisition probe
In the last year the Competition and Markets Authority (CMA) investigated four acquisitions of car dealerships.
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