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Motor Trade Radio on Arnold Clark, Pendragon and diesel values

On this Saturday’s episode of Motor Trade Radio Derek Blair and Philip Nothard discuss the latest headlines on Motor Trader.

In a surprise move Marshall announced that it had sold its leasing arm to Northridge, a subsidiary of Bank of Ireland for £42.5m.

On the people front Paul Williams resigned from SsangYong as CEO and the company is looking for a successor.

A strong used car performance helped Arnold Clark generated pre-tax profits of £125m in its results filed at Companies House.

The Motor Trader Used Car Special also picked up on the strong used car performances among listed groups and the development of new retail formats to drive incremental sales while auction houses reported strong demand for petrol cars

Meanwhile Auto Trader revealed the confusion surrounding diesel with consumers and said dealers have a key role to play in explaining how much cleaner the latest Euro 6 diesel engines are.

While international dealer management systems giant CDK Global said with the increasing sophistication of systems within dealer groups, crisis management plans need to be put in place emergencies.

And finally, Pendragon revealed how it had fared with its Stratstone Car Café scheme in 2017, which featured the £1m-plus Jaguar Lightweight E-Type it bought last year for display and promotional purposes.

To listen to the Podcast click here

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