Motor Trade News

TrustFord Appoint New MD

TrustFord have appointed Stuart Foulds as their new CEO. The Ford-owned dealer group appointed Foulds from within and he has a vast amount of experience in the company having worked as managing director of Evans Halshaw Ford Group. TrustFord spans 60 business sites...

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Paymentswap.co.uk Launched by Exchange & Mart

Exchange and Mart recently launched a new, no-fees service that enables buyers to trade in their vehicle while their is still finance to be paid on it. https://www.paymentswap.co.uk/ takes care of the vehicle trade-in as well as settling the existing finance contract...

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LCV registrations rise in June

Recent data from Society of Motor Manufacturers and Traders (SMMT) has revealed that light commercial vehicle (LCV) sales rose by 1.8% in June of this year. The rise came after four consecutive months of decline in registrations. The figures from SMMT show that 37,...

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Aston Barclay Appoint New Sales Director

Car auction group, Aston Barclay have appointed Dave Smith as their new director. Part of his new responsibilities will include doubling the sales of the company over the next five years. The new appointment comes after the management buyout of Aston Barclay in June....

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Kia Offers Welsh Customers Dual Language Surveys

Kia Motors became the first manufacturer to offer dual language customer surveys when it introduced them to its eight dealerships in Wales earlier this month. 19% of those living in Wales speak Welsh and Kia has recognised this by offering customers of any their Welsh...

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Bank of England Warns Against Consumer Credit Growth

Car financing is huge business and something that almost all dealerships offer. However booming consumer credit and car finance do come with a risk for dealers. The fact that consumer credit is growing faster than incomes is a big source of concern and Bank of England...

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New Car Registrations Fall in June

Figures from The Society of Motor Manufacturers and Traders (SMMT) show that the number of new cars registered in June fell quite significantly, with a -4.8% decrease. Although the data shows that June is the third consecutive month in which new car registrations have...

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Lost Vehicle Health Check Work Costing Dealers Big

Data from autoVHC has revealed that dealers across the UK are losing a small fortune by failing to sell urgently required work during vehicle health checks. The data shows that on average, dealers fail to sell 46% of Red work, which is worth £99,200 in revenue to each...

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2017 Auto Trader Click Awards

The 2017 Auto Trader Click Awards were held recently, where the best dealer websites were honoured for their achievements. This was the tenth showing for the annual award ceremony held by Auto Trader and notable winners this year included David Spear Commercial...

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Evans Halshaw Opening New Distribution Centre in Coventry

Evans Halshaw are planning to open a new distribution centre in Coventry. The brand new facility will stretch ten acres and will serve to take vehicles that have previously been leased and distribute them to Evans Halshaw branches throughout the UK. In addition to...

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JCT600 Opens New Porsche Centre Teesside Dealership

The site that serves as the new dealership has been in redevelopment for 8 months and now provides enough space for 15 new vehicles and 40 used vehicles. In addition to the showroom, there are also a number of aftersales facilities, including an MOT bay, nine-bay...

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The Opposition to Driverless Trucks

Driverless technology is something we’re seeing in the news more and more all the time. Technology has finally reached a point where it’s feasible for vehicles to drive themselves over long distances. Often the focus is on how this will affect private car...

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iVendi Launches New Dealer Council

Online vehicle retailing solution, iVendi hosted a number of dealer group representatives last month for the launch of its new Dealer Council. The event took place at Covent Garden and some major names were in attendance, including Howards Peugeot, Saxon Bridge and...

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BCA Appoint New Divisional CEO

BCA has made Wolfgang E Reinhold its new divisional CEO for Europe. Reinhold has an incredible amount of experience in the industry and has spent the previous 28 years LeasePlan Group as Group Service Senior VP Operation, Procurement and Car Remarketing. As part of...

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Auto Trader Study Reveals Mindset For Dealership Success

Auto Trader have released a study that reveals what the most successful car dealerships are doing in order to gain an edge in an incredibly competitive industry. The study, which was based on interviews with around 70 dealers, shows that those that are most successful...

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Drop of Used Vehicle Prices Lower Than Expected in May

The drop in value of used cars fell by just 1.5% last month. In comparison to last years’ figure of 1.9%, this represents a lower figure than was expected. 3 year old cars that have done 60,000 miles are used as the average and the reason for the modest drop has...

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Nissan GB Appoints New Aftersales Director

Nissan GB has appointed Chris Marsh as its new Aftersales Director. The Japanese motoring giant opted to hire from within, with Marsh having held several sales operations, marketing and dealer network development roles within the company prior to his appointment....

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New UK Speeding Fines for 2017

If you’ve kept up with the news recently then you’ve no doubt heard about the new speeding fines that are being introduced in the UK. The fines are designed to be harsher in order to deter people from speeding in 30mph zones and on motorways.  Unlike the...

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