The EV market could experience aggressive financial incentives as car brands focus on accelerating the switch to electric, the audience of The Lead Agency webinar heard. Tony Whitehorn, former UK CEO and President of South Korean manufacturer Hyundai, explained in order to boost demand and hit certain targets to avoid fines under the Government’s ZEV mandate, manufacturers may offer ...
Read More »Dealers celebrate International Women’s day
This International Women’s Day, dealers in the industry have highlighted the importance of representation of women in leadership roles. The National Franchised Dealers association (NFDA) has shared inspiring posts from members. An initiative developed by Lookers Motor Group is its “Mission Gender Equity” female mentoring programme, in partnership with social impact organisation Moving Ahead, led by head of learning and ...
Read More »KGM Motors UK adds Bulldog Twyford to its dealer network
KGM Motors has added Bulldog Twyford, a family-run company, to its dealer network. Bulldog Twyford is located on London Road, Twyford, Berkshire, RG10 9EU and its KGM showroom features smart facilities. Kevin Griffin, md at KGM Motors UK, said; “We are thrilled to welcome Bulldog Twyford to our dealer network. “Their century-long legacy and deep-rooted ties to the Twyford community ...
Read More »Kia EV9 named UK Car of the Year 2024
The UK Car of the Year jury have named the Kia EV9 as the UK’s car of the year while the vehicle also picked up the award for the ‘large crossover’ category. Priced from £65,025 on-the-road, the car offers an electric driving range of up to 349 miles from a single charge of its standard 99.8kWh battery and ultra-fast charging ...
Read More »Drivers ‘more likely’ to buy used EV due to falling prices
A fifth of UK drivers are more likely to buy a used EV in the next five years as the average price of used EVs and hybrids falls by 5.9%, according to new research by AA Cars. Prices for the top 20 most searched used EVs and hybrids on the AA Cars platform fell by 5.9% in 2023. The average ...
Read More »Steven Eagell Group launches community programme
Steven Eagell Group has launched a community programme which will support initiatives, charities and not-for-profit organisations operating in the areas in which the company’s dealerships are located. The company’s employees will identify projects within their local communities and each dealership will be allocated a budget. Steven Eagell, ceo of Steven Eagell Group said: “We’re extremely excited to be launching our ...
Read More »Volvo Car UK appoints new commercial operations director
Volvo Car UK has appointed Robert Deane as its new commercial operations director. Succeeding Nicole Melillo Shaw, who was appointed md of Volvo Car UK in November last year, Deane took up his new role on 4 March. Deane said: “We are in a fast-changing business landscape where we need to be able to do more than simply offer great ...
Read More »AutoTrader names used cars that surged and plummeted in value in past year
Amidst an uptick in consumer demand, AutoTrader shares data revealing the used cars experiencing price growth and the used cars experiencing price contractions. The data, based on cars of all fuel types, draws comparison between prices from February 2023 and February 2024. Richard Walker, data and insights director at AutoTrader, said: “February was another positive month for the used car ...
Read More »Budget extends fuel duty freeze and blanks EVs
The Spring Budget, unveiled by Chancellor Jeremy Hunt MP today, extended the fuel duty freeze. The continued 5p per litre cut is now expected to end on 22 March 2025. Sue Robinson, chief executive of the National Franchised Dealers Association (NFDA), said: “With the ongoing shift in sales models and the landmark ZEV mandate coming into force, dealers will be ...
Read More »Ancaster adopts AI to boost lead conversions
South East dealer group Ancaster will use Artificial Intelligence (AI)-powered email alerts to boost its digital communications activity across its 14 sales sites. The programme, in collaboration with digital marketing firm Marketing Delivery, aims to increase volumes of new and used car sales leads and maximise conversions. Carly Keeler, head of marketing at Ancaster, said: “During our pilot phase the ...
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