Messe Frankfurt, organisers of the UK Garage and Bodyshop Event, has presented a cheque to Ben for £1,063, following a highly successful partnership at this year's show. The amount was raised through a combination of corporate donation and individual donations that Ben received from attendees at the show who took part in a video game racing challenge and supports people to navigate life’s … [Read more...]
Newslines 17 June
Parents in the UK are spending over £2,400 every year, or £46.15 a week, driving their children to different activities such as parties and hobbies, according to Zuto Finance. The daily school run accounts for the highest percentage of expense and fifth are taking their children over 150 miles a month. South Wales based Veezu, the UK’s fastest growing taxi and private hire technology platform, … [Read more...]
Lower stock, bigger mix and longer retentions
Lower volumes of stock, changes to the available brand mix and longer vehicle retention will be among the major trends in the used car sector in the second half of 2022, says the Vehicle Remarketing Association. Philip Nothard, VRA chair said members expected the market to remain relatively strong but that significant difficulties remained and were likely to have an increasing effect. “The used … [Read more...]
Sellers must beware of legalities around “autonomous vehicles”
Care will be needed in future when describing the capabilities of autonomous car technology for marketing purposes, warned the Vehicle Remarketing Association. The Law Commissions of England and Wales, and Scotland, have recently reported on the proposed legal framework surrounding the use of this technology, and their joint report includes firm recommendations on how different devices are … [Read more...]
Pingdemic is punishing motor trade
Recruitment issues and the need for self-isolation are causing staffing issues across the remarketing sector, reports the Vehicle Remarketing Association. Chair Philip Nothard said that VRA members were experiencing issues finding staff to fill all kinds of long-term positions, and that the problem was being exacerbated by the ongoing short-term demands of self-isolation. “Obviously, we … [Read more...]
Rising hesitancy over buying is the new norm
There is no doubt that new and used car sales are right at the forefront of the car retailer’s commercial strategy at the moment, said Rupert Pontin, Director of Insight at Cazana, the motor trade analysts. As another week of strong sales performance passed by and the retailers continued to make the most of the pent-up buyer demand, new car sales looked good, although the restrictions on supply … [Read more...]
Brexit deal “unanswered questions” is concerning, says trade
The new, “thin” Brexit deal that is now in effect leaves many unanswered questions that could have serious implications for the UK motor industry, warns the Vehicle Remarketing Association. The trade organisation says that several key points surrounding the future of manufacturing and cross-border movement of vehicles remain vague or undefined. Sam Watkins (right), chair at the VRA, said, “Let’s … [Read more...]
Potential potholes for planning ahead
The impact of the coronavirus crisis and potential effects of Brexit are making planning beyond the short term almost impossible in the remarketing sector. So reports the Vehicle Remarketing Association (VRA), which points out that the currently booming market is arguably obscuring the potential dangers that lie ahead. Chair Sam Watkins said, “As has been widely reported, the sector is very, … [Read more...]
Tradelines 16 September
Forty-seven per cent of respondents to a Vehicle Remarketing Association snapshot survey say they are currently facing issues affecting their work-life balance – but 89% say they are “somewhat confident” about coping with the stress caused. The snapshot survey also asked members what coping techniques they were using and the answers ranged from golfing and finding time to spend with friends to … [Read more...]
Mind over marketing and your wellbeing
A webinar dedicated to helping individuals look after their wellbeing through the pressures created by the coronavirus pandemic is being held this month by the Vehicle Remarketing Association. “How to Stay Well in a Time of Crisis,” will take place at 3pm on Thursday 10 September and is open to all members of the VRA. Speakers include Prash Kotecha of Mantra Consulting, who will present on … [Read more...]