News
MT Top Dealer Groups, Motor finance redress
In the May June issue we have our annual Motor Trader Top 200 Dealer Groups, which highlights the challenges facing dealers that have impacted the bottom line. Challenges included high interest rates, the demands of the ZEV Mandate, used car…
Aion Auto UK opens its first eight dealerships
The first wave of Aion UK retail and service sites have opened their doors. The brand is on track to expand its retail footprint to 15 sites by the end of June, with a target of doubling that to 30…
Mazda appoints Wrisk for digital subscription-based insurance
Mazda has appointed Wrisk for to provide subscription-based insurance services for customers buying new and used cars, and existing owners. Available now on the Mazda website, the service provides customers with a fully comprehensive monthly subscription policy. Jeremy Thomson, managing…
EV prices static in May ‘ending 40 consecutive months of decline’
Higher fuel prices and a growing pool of more affordable stock, saw demand for used EVs on Autotrader surge 36.4% YoY in May. It said the increase in consumer appetite for electric is now outpacing supply in the market, which…
Keyloop solution to help with lead conversions and sales efficiency
Keyloop has launched an end-to-end sales management solution, dubbed Sales Hub, that improves conversions, reduces cost and maximises operational efficiency throughout the sales process. Developed for vehicle manufacturers and retailers, Sales Hub supports every stage in an omnichannel sales process,…
Former Peugeot CEO Linda Jackson joins Hendy as non-executive director
Linda Jackson has joined Hendy Group as a non-executive director, strengthening the Board as it continues to make progress in driving sales and profitability. Jackson will work alongside Board colleagues to further maximise operational efficiency, drive sustainable growth and reinforce links with a growing portfolio of vehicle brands. She said: “It is with great pleasure that I…
Chinese expansion increases demand for dealer property in tight market
The roll out of Chinese brand dealer networks is increasing demand for dealer space at a time when supply is structurall constrained. That’s the view of Savills director of automotive Bill Bexson posting on linkedIn. He said the Chinese acceleration…