Motor manufacturers are being forced to introduce deposit contributions on some nearly new cars in order to create differentiation with the monthly rates now available on subsidised new vehicles. Glass's, the motor industry data market leader, said that the move had been made after some manufacturer dealer councils complained that it was difficult for … [Read more...]
Retail News
Newslines 27 January
Japanese auto parts makers will be fined for allegedly fixing prices of starter motors and accelerator modules, reports Automotive News Europe. European Union antitrust regulators will punish the world No. 2 parts maker Denso, Mitsubishi Electric Corp. and a Hitachi Ltd. Unit. Tootle is a new online marketplace that allows dealers to source the used … [Read more...]
British vehicle plants break production records
British manufacturers made more cars in 2015 than any year since 2005 when 1,595,697 vehicles were produced. According to the Society of Motor Manufacturers and Traders, production increased 3.9% on 2014, with output at 1,587,677 overtaking pre-recession levels for the first time. It was also a good year for commercial vehicles built in … [Read more...]
North Wales company expands business offering
The Jolly Group has extended its proposition following the launch of Jolly Good Vehicle Leasing. Jolly Good Vehicle Leasing will complement local firm, Jolly Good Vehicle Rentals, giving retail and business customers a full range of vehicles available on one to five year contracts. Customers can opt for any make and model and various flexible-funding … [Read more...]
Used dealers face very challenging 2016
It’s going to be a challenging year in the used car market, according to analysts at Cap. Cap is predicting 2016 will be a tough with more used cars entering the market after record levels of new car registrations in 2015. Derren Martin, senior editor at cap Black Book said, “Stability in the market will rest on strong retail demand. The record levels … [Read more...]
Sheer genius of Gravells
Kia is currently trialling its new Kia Genius programme with six dealerships across the country taking part – each employing a ‘Kia Genius’. Kia identified a shift in its customers’ habits with the increase in digital and mobile technologies that in some cases can remove the personal aspect from the buying process. This new scheme, which has … [Read more...]
