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Dealerships predict ‘significant’ Chinese disruption
- 10/08/2023
- Posted by: Alan Feldberg
- Category: News
A survey of car dealers conducted by carwow has revealed that most car dealers believe Chinese brands will secure a significant share of the new car market in the UK. The majority (68%) of those surveyed estimated that these new entrants would account for up to 10% of the new car market within the next year, with a [...] -
BV Rees celebrates double anniversary
- 12/07/2023
- Posted by: Alan Feldberg
- Category: News
Franchised dealer BV Rees is celebrating 10 years as a SsangYong affiliate this month, as well as 75 years of trading. The Wales-based family-run showroom is managed by Wyn Rees. He said: “It’s been an absolute pleasure to work with SsangYong for the last decade. We and our customers identify strongly with [...] -
Buyers baulk at showroom negotiations
- 12/07/2023
- Posted by: Alan Feldberg
- Category: News
Visiting showrooms remains the most common way for consumers to purchase cars, but a new survey has revealed that other channels are becoming increasingly popular. According to a survey of 2,000 UK drivers commissioned by InsuretheGap, 56% of respondents bought their most recent car from a showroom in a [...] -
Motor Ombudsman announces WSG collaboration
- 07/06/2023
- Posted by: Alan Feldberg
- Category: News
The Motor Ombudsman has teamed up with Warranty Solutions Group (WSG) to promote the benefits of accreditation to the Vehicle Sales Code to car dealers offering WSG’s vehicle warranty products. The joint marketing initiative will see WSG expanding the remit of its regional field team to encompass the promotion of [...] -
Drivers warned of long-term pain after short-term gain
- 04/04/2023
- Posted by: Alan Feldberg
- Category: News
A poll of 2,043 UK driving licence holders commissioned by The Motor Ombudsman has revealed that 73% would be more likely to buy a second hand car this year rather than a new one to help save money during the cost of living crisis. More than a quarter (28%) of these respondents also explained that it would be their [...] -
Cybercrime set for record levels
- 16/01/2023
- Posted by: Alan Feldberg
- Category: News
Dealers have been warned to prepare for record levels of cybercrime this year, as the cost-of-living crisis deepens. Automotive technology firm Mad Devs has encouraged them to work closely with their suppliers to ensure that security measures are in place and followed. This warning comes after a recent study by [...] -
Used car market remains robust into 2023
- 09/01/2023
- Posted by: Alan Feldberg
- Category: News
Auto Trader data suggests the used car market has entered the New Year in a robust position, with both retail prices and consumer demand stable in December. Its Retail Price Index found that the average retail price of a used car was £18,030 in December, marking a 3.1% year-on-year (YoY) increase on a like-for [...] -
RAC urges supermarkets to ‘do the right thing’
- 23/11/2022
- Posted by: Alan Feldberg
- Categories: Featured, News
Data from RAC Fuel Watch has found that supermarkets are currently enjoying margins of about 15p a litre on both petrol and diesel. It says that wholesale prices for petrol have fallen by 13p per litre since their October high and diesel prices have fallen by 22p, but these decreases haven’t been transferred to [...] -
Dealers face £17.5m fines for incorrect data
- 03/11/2022
- Posted by: Alan Feldberg
- Category: News
A new study has revealed that up to 44% of the vehicle data that dealers hold about customers is outdated or incorrect. Data experts at Auto Data Solutions warn that poor data creates compliance issues and can result in poor customer services and sales. Jon Sheard, director, said: “With larger dealers holding [...] -
Dealers caught napping by EV surge
- 27/07/2022
- Posted by: Alan Feldberg
- Category: News
More than half of retailers admit to being unprepared for the growing customer demand for electric vehicles. According to a survey carried out by Auto Trader, 51% of dealerships say they are not ready for the widespread uptake of EVs. Independent dealerships are least prepared, with 59.9% saying they are unprepared [...]