Hendy Group is aiming to drum up sales of double-cab pick-ups ahead of the increase in Benefit-In-Kind (BIK) charges takes effect on 6 April. Hendy’s BIK campaign will run throughout March and will be profiled through its website and social media channels. In the 2024 Autumn Budget, HMRC announced that double cab pick-ups with a payload over one tonne will ...
Read More »February new car sales: Winners & Losers
The February new car market turned in a “subdued” performance but looking at the performance of individual brands, there were clear winners and losers for the month. In an overall market that fell -1%, Chinese brand BYD continued to surge ahead with registrations up 334.3% to 1,177 units followed by Polestar, which saw a 98.8% increase to 515 units for ...
Read More »Ford boss calls on government to launch EV purchase incentives
Ford Motor Company chair and managing director Lisa Brankin has called on the government to introduce EV buying incentives and faster charging infrastructure rollout. Her call came as the government consultation on EVs concluded with the industry waiting to see the outcomes. “We welcome the government’s direct attention on the UK electric vehicle scheme and its initiation of a consultation ...
Read More »Ford terminates over 50 retail dealers at start of 2025
Ford terminated more than 50 retail dealers in January as part of its restructuring of the network. All but three of the dealers have retained their authorised repairer status, Ford told Motor Trader. Back in 2020 Ford announced that it was going to reduce its network of sales outlets in half over the next five years. In2020 had 395 car ...
Read More »Hendy to open £6m Ford, Kia and Mazda dealership in Tunbridge Wells
Hendy Group has pumped £6m into the development of a multi-franchise dealership in Tunbridge Wells. The dealership, representing Ford, Mazda and Kia, is also a Ford Transit Centre. The dealership, on an ex-John Lewis site, will have the capacity for eight display vehicles per brand inside, with separate reception and waiting areas for each marque. Outside, Hendy will display over ...
Read More »Ford to cut 4,000 jobs in Europe amid EV sales slowdown
Ford Motor Company has announced plans to cut production in Europe as it faces up to competition from Chinese carmakers and disruption as the industry moved to electrification. Ford’s car business in Europe has been in the red in recent years, which in part explains the move to further reduce its European workforce by 4,000 positions by the end of ...
Read More »Ford and BMW apprentices in IMI Skills Competition finalists
Sytner BMW Leicester and Vospor Ford Exeter are among the dealerships that are finalists in the Institute of the Motor Industry (IMI) Skills Competition. Students and apprentices are nominated by their tutor or employer under four key specialisms – Body Repair, Refinishing, Light Vehicle Technology, and Heavy Vehicle Technology. The 24 finalists will now compete in the live national finals ...
Read More »New car sales in first half of 2024: winners and losers
Registrations of Ford cars plummeted 42.4% in June giving it a market share of 5.6%, putting it behind Volkswagen, BMW, Audi and Kia. In the first half of 2024 its registrations fell 22% to 56,735 units. Sales will have been impacted by the termination of Fiesta production in July 2023. Fiesta sold 25,000 in 2022 when there were still supply ...
Read More »Steve Young Blog: Fighting on multiple fronts
As high temperatures return to a number of parts of the world setting off forest fires that can rapidly surround whole communities, I see a parallel to the challenges that we face as an industry. Over the last 10 days I’ve participated (with some restrictions due to Covid) in three events and had a number of conversations with friends and ...
Read More »Fordthorne to represent Omoda and Jaecoo in Cardiff
Fordthorne is taking on Chinese car brands Omoda and Jaecoo in Cardiff, South Wales The company been a franchised dealer in Cardiff, South Wales for decades and its connection to the automotive industry dates back to 1922. Its main offers accident damage repair, Ford Parts, Sales, Servicing and MOTs and it is also home to the fast-fit tyre franchise HiQ ...
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