More than half of dealers (52%) say the higher minimum wage introduced in April is having the biggest single effect on their profitability this year, new research shows. Other factors hitting margins mentioned in May’s Startline Used Car Tracker include more expensive stock (45%), premises costs (41%) and increased employer national insurance contributions … [Read more...]
FRF Toyota Wales is Britain’s best for the brand
Top accolades in the annual Toyota Best Retailer in Town awards have been won by FRF Group, named the Best Toyota Group for the second year running, and Steven Eagell Peterborough, winner of the Best Toyota Retailer title. With a 20-year history, FRF won the Best Toyota Group award for its focus on engaging and developing its teams to provide service that … [Read more...]
Wales can power future automotive innovation
As the world becomes more interconnected, it’s tempting to assume globalisation alone can deliver resilience, efficiency, and innovation, says Dana Williams, Project & Operations Manager, Welsh Automotive Forum in a newsletter to members before the annual Autolink network meeting in Cardiff on 13 May. And while international collaboration will always … [Read more...]
Welsh automotive businesses tariff troubles
The Welsh Automotive sector is concerned about the continuing effects and fall-out of the current trade tariffs implementation. In the latest newsletter of the Welsh Automotive Forum it discusses how the local industry is shaping responses to US Tariffs. Member companies rcently engaged in a roundtable discussions on the impact of US tariffs on the Welsh … [Read more...]
Newslines 11 April
More than 100,000 drivers in Wales have been caught over the 20mph speed limit since it was introduced in September 2023, according to new data. The latest data from GoSafe revealed 7,958 offences recorded in north Wales and 7,326 in mid and south Wales in August, while last month 4,950 offences were recorded in north Wales and 4,128 in mid and south Wales … [Read more...]
Fleets anticipate expanding within three years
More than one in four car and van fleets are predicting growth within the next three years, according to new results from the 2025 Arval Mobility Observatory Fleet and Mobility Barometer. Overall, 28% of respondents say they expect their vehicle numbers to rise, which is a fall on the 38% reported in 2024. However, 65% say the situation will be stable and … [Read more...]
Car parts becoming unprofitable to produce
Europe's parts' makers are bracing for a turbulent year ahead, as the latest industry survey reveals 42% of suppliers think they won’t be profitable in 2025. New insights from CLEPA and McKinsey’s bi-annual survey, with input from 120 companies, shed light on the industry’s business climate, key trends, and pressing challenges: A deepening sense of … [Read more...]
Statement fails to offer relief
The Spring Statement this week was a missed opportunity to get Britain moving, claims one businessman. Paul Holland, Managing Director for UK/ANZ Fleet at Corpay, including UK brands, Allstar and Keyfuels said, “Chancellor Rachel Reeves has delivered her Spring Statement and at the time of writing our concerns that there would be little in the way of … [Read more...]
Brands’ boycott looming after tariffs take hold
A majority of Brits say they will boycott brands from a country imposing tariffs on UK models. Almost six out of 10 people (59%) say they are less likely to buy a car from a country imposing tariffs on UK-made models. While the UK imports comparatively low numbers of US made models, there could be reaction to brands with US links, such as Tesla (shown … [Read more...]
Kilgetty gets new Subaru dealership
Subaru UK has announced the development of its dealer network, with five new strategic retailer appointments across England and West Wales. The appointments during Q1 2025 enhance the brand’s coverage in key regional areas, building on Subaru’s momentum of recent years, and reinforcing its commitment to future growth. The latest additions to the retailer … [Read more...]
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