AA Cars is inviting dealers to join its Dealer Promise scheme, a customer service charter to lift confidence in the sales practices of the used car industry. This is a timely boost for both dealers and consumers following market research, which suggests trust in the sector is at an all-time low. The AA’s car buying site has approached its growing … [Read more...]
Retail
Finance checks need overhaul, says provider
Motor finance companies need to adopt technology that allows them to credit check a potential customer without leaving a footprint on their file, says Startline Motor Finance. CEO Paul Burgess explained that multiple footprints on customer files held by credit checking agencies tended to lead to a reduced credit rating – but that in 2016, with more and … [Read more...]
Tradelines 19 October
GKN Driveline will showcase its leading contemporary and electrified driveline technologies - making passenger cars lighter, more fuel efficient and better to drive - at the International Suppliers Fair (IZB) this month. GKN will demonstrate its latest technologies across eDrive, all-wheel drive and two-wheel drive vehicles at the show in Germany between … [Read more...]
BEN raise issue of mental health in motor trade
Ben, the not-for-profit organisation that partners with the automotive industry to provide support for life to its people and their families, has launched its new mental health campaign. BEN want supporters to donate £1 or more to help colleagues in the automotive industry suffering from mental health challenges and the money will go back into providing … [Read more...]
Newslines 7 October
The new Ford Mustang outperforms the Porsche Cayman and even Nissan GT-R when it comes to keeping ahead on used value. Experts at cap hpi found the latest generation of the classic US sportscar held onto 99.5% of value over 10,000 miles, well ahead of its rivals, with just over 2,300 registered on UK roads this … [Read more...]
Late registrations boost September to new record
UK new car sales in September, rose 1.6%, according to the Society of Motor Manufacturers and Traders as 469,696 cars were registered and buyers went for the new 66-plate. The performance marks the highest September on record, while the total number of cars registered so far this year also grew to 2,150,495 units – up 2.6% compared with the same period … [Read more...]
Hidden or closed intranet sales distorting used sales
The growing use of “upstream marketing” by motor manufacturers and leasing companies could explain why the long-heralded explosion in used car numbers has so far failed to materialise. The advanced strategy – designed to defleet cars quickly through online channels – could explain the smaller-than-expected increase in used car numbers hitting the … [Read more...]
Tradelines 5 October
The cost of unleaded petrol and diesel crept up again in September, as a result of rising world oil prices putting upward pressure on the wholesale cost of both fuels, says RAC Fuel Watch. The average cost of a litre of petrol ended the month at 112.07p, and diesel averaged 113.34p per litre, the highest average price since August 2015, and up 0.42p while … [Read more...]
SUVs not putting a wheel wrong on forecourts
Boasting practicality, presence and efficiency, subcompact SUVs are all the rage in the UK at present and clearly an increasingly popular choice with drivers. The latest analysis from cap hpi looks at the total cost of ownership (TCO) to reveal the 10 SUVs with the lowest motoring costs over the first 3 years. The Dacia Duster Estate 1.6 SCe 115 … [Read more...]
Tradelines 28 September
The automotive industry quality standard ISO/TS 16949 is being updated after seven years of operation. The International Automotive Task Force document IATF 16949:2016 will be released 1 October and there is less than two years for companies to comply. UK car production rose 9.1 percent in August compared with the same month last year, the Society of … [Read more...]
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