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Dealer demand enjoys November lift
- 6 December 2022
- Posted by: Alan Feldberg
- Category: News
Dealers across the UK have seen demand rally in November, with a 44% increase in enquiries and a 20% increase in sales against the same month last year The data from lead management experts at iTrackLEADS showed a sales pipeline that looks positive toward the end of the year, with a 16% increase in test drives [...] -
Dealers turn to tech to cut costs
- 9 November 2022
- Posted by: Alan Feldberg
- Category: News
Dealers are increasingly looking at technology to help manage the rising cost of business This is according to data from MAD Devs, which has reached a milestone of 800 dealerships in record time as management teams look to reduce operating costs The company has seen high-profile dealers join its platforms, [...] -
Demand stable in September
- 8 November 2022
- Posted by: Alan Feldberg
- Category: News
Customer demand remained relatively stable into October, according to data from lead management experts at iTrackLEADS Overall enquires fell three per cent against the previous month while sales fell 04% and handovers increased 09% Adrian Favill, director of iTrackLEADS, said: “It’s clear that concerns about [...] -
Buyer demand dips by a fifth in August
- 5 September 2022
- Posted by: Alan Feldberg
- Category: News
Demand for new and used vehicles declined in August against the same month last year, according to data from lead management experts at iTrackLEADS Overall enquiries fell 21%, the second largest fall this year While the number of leads responded to fell by 20%, dealers worked effectively to see only a 12% fall [...] -
Motorpoint announces major Midlands expansion
- 15 August 2022
- Posted by: Alan Feldberg
- Category: News
Motorpoint will create 25 new jobs when it opens a new store in Coventry this autumn The multi-million-pound three-acre site is part of a nationwide expansion and will have space for 200 vehicles Work on the site is underway now and the new store is expected to open for business in mid-October Recruitment is [...] -
Human factor key to sales experience
- 27 July 2022
- Posted by: Alan Feldberg
- Category: News
New research has found that people over processes matter more to car buyers Auto Express’s latest Driver Power ownership satisfaction survey said that while dealers focus heavily on processes, high quality premises and constructing attractive deals, potential buyers favour friendliness, expertise and honesty of [...] -
Used car values tapering off
- 30 June 2022
- Posted by: Alan Feldberg
- Category: News
Used car values averaged £8,451 at BCA in May, a fall of 15% on the previous month but still 05% higher than May 2021 Data from BCA Valuations shows that used car demand from dealers and car supermarkets is increasingly focussed on vehicles that can be retailed quickly to meet the needs of retail customers The [...] -
Response times reducing retail sales
- 18 May 2022
- Posted by: Alan Feldberg
- Category: News
The latest market data from iTrackLEADS has revealed a sharp fall in overall enquiries in April The total number of leads fell by 18% against the same month in 2021 In a tightening market, the lead optimisation company is now advising dealers to respond to every lead as quickly as possible, with its own research [...] -
Video usage drives automotive retail
- 9 February 2022
- Posted by: Alan Feldberg
- Category: News
Video production in automotive retailing reached record levels in 2021 More than 121 million CitNOW videos were created in the year, which represents a 120% growth in the past five years In total, more than 60 million CitNOW videos have now been produced, and while video production levels have soared 4,294% since [...]