News
Dealer Auction reveals most profitable cars of June
Land Rover’s Discovery Sport claimed first place (£4,000) in the Dealer Auction Retail Margin Monitor’s sub-£10,000 chart and also secured second in the over-£10,000 category, while the Range Rover Sport topped the latter. The average retail margin of £4,000 is…
Toomey Motor Group uses Indicata to boost stock-turn
Toomey Motor Group in Essex has used Indicata’s used car pricing data for four years to increase stock turn. The stock turn is currently at 45 days but it has been as low as 35, said Ammar Khan, Toomey Motor…
BLOG Caveat Emptor – Let the buyer beware
In the last couple days we had the news in the UK that the distributor of a Chinese car brand had ceased trading and of a decent football result in Mexico. As I know little about football, but something about…
Used EV prices move into ‘genuine growth’ for first time since 2022
The average price of a used car stood at £17,194 in June, representing a 0.8% increase on a year-on-year (YoY) and like-for-like basis — marking the strongest rate of price growth since August 2023, according to Autotrader’s AI-powered Retail Price…
Entries for MT Women in Motor Industry Awards close tomorrow
Entries for the Motor Trader Women in Motor Industry Awards (WiMIA) 2026 will close tomorrow, 10 July. WiMIA is in its second year and the Awards will take place at the Hilton Bankside in London on Wednesday 2 December 2026.…
Dealers could embrace AI agent compliance for motor finance
Dealers and lenders may need to utilise AI agent compliance for motor finance if new recommendations to the Financial Conduct Authority (FCA) are adopted, says iVendi. The Mills Review, by FCA executive director Sheldon Mills, sets out how AI could…
Mitchell Group raises £25,000 for Joshua Tree Children’s Cancer Charity
Mitchell Group raised £25,000 for local charity The Joshua Tree. On Saturday 27th June, cycling the 106 miles around the coast of Anglesey with 6,500 feet of ascent. The Joshua Tree is a Cheshire based Children’s Cancer Charity. It operates…