A new series of online car and van auctions for dealers is being launched by Volkswagen Financial Services UK. Taking place 9am-3pm every other Thursday through epyx’s 1link Disposal Network platform - Sales will be made up of stock unsold through previous online channels and are offered with a competitive start price. Called “Last Chance to Buy” … [Read more...]
Retail
Newslines 28 August
Nearly 60 years after it was launched, the Jaguar E-Type will be reborn as an electric car. Jaguar has given the go-ahead for a specialist restorer to produce the model for the summer of 2020, 59 years after the stunning sleek sports car went on sale before it was discontinued in 1975. The Audi PB18 e-tron is a concept all electric wirelessly charged … [Read more...]
Option packs on cars to be hit in tax move
Individual options are unlikely to increase tax liabilities on new cars under the new WLTP regime, but commonly selected combinations of options will have emissions and tax impacts. This is likely to accelerate manufacturer initiatives to streamline their vehicle ranges and option packages, says Autovista Group, Europe’s leading pan-European automotive … [Read more...]
Insurance fraud is found every minute in UK
Every minute in Britain an insurance fraud is detected, according to industry figures. Over 562,000 insurance frauds were uncovered last year, said the Association of British Insurers. About 113,000 were dishonest claims, valued at £1.3bn and while the number of dishonest claims fell 8%, the value of those claims rose 1%. Organised frauds such as … [Read more...]
Company car is just the job
The company car still rules the road for incentives. When looking to find fresh talent, it seems that company cars are still the best bet for businesses, according to new research by OSV. It shows 49% of interviewees would even consider accepting a job that didn’t otherwise appeal, if a car that they couldn’t afford privately came as part of the … [Read more...]
Newslines 21 August
The new 12-model Jeep Renegade range of 4WD models will be in dealerships from the end of this month. Jeep say they will cost from £19,200 to £30.805 and come with a choice of three new petrol engines and two updated diesel units, with six-speed manual or nine-speed automatic transmissions. In a stunning new film, Lotus Cars celebrates its anniversary … [Read more...]
First drive: New MG3 is safe and sound
Having been through many periods of ownership, including BMC and British Leyland, today MG is in the hands of SAIC, China’s largest car manufacturer, writes David Miles. They sold 6.9-million new cars last year globally, 3.52-million in the first six months of this year, and MG is now the global brand for SAIC outside China and for the domestic market … [Read more...]
Panda Motors win rare accolade
MG Motor UK parent, SAIC Motor, has awarded their prestigious 4* Overseas Dealer Award to Panda Motors in Swansea for excellent customer service and strong sales performance. In 2016, Panda Motors was appointed as the main dealer for MG in Swansea, hitting the ground running by embracing the brand, its products, and all the opportunities that were … [Read more...]
Profits and confidence in dealerships
“Profit margins” and “consumer confidence” have been named as both the two biggest threats and the two biggest opportunities facing dealers, according to a new survey for the RAC Dealer Network. Almost half of respondents (48%) named reducing profit margins as the biggest threat to dealer business in the second half of 2018, followed by falling consumer … [Read more...]
Beware of on-line vehicle scams
On-line used vehicle scams are escalating, says a reference agency. Mark Bailey, Head of CDL Vehicle Information Systems which owns mycarcheck.com, said, “The sheer volume of online scams is off the chart this summer, with seasonal favourites like convertibles, camper vans and motor homes being targeted. “The staff at our Glasgow call centre speak to … [Read more...]
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