Recent prices of new and used SUVs and Crossovers have been tumbling, say analysts at Cazana. With forecourts shut due to the coronavirus epidemic the emphasis has moved on-line and canny buyers are carefully shopping around for the best deal so sellers have to respond or lose the business and Cazana said it may well be a common trend in the coming weeks and will need to be monitored. Aston … [Read more...]
Cazana’s Dealer Survival Guide
The motor trade is one of the world's toughest business sectors but the current Coronavirus is putting incredible strain on the entire sales stream and getting good advice is essential to keep businesses going. Here are five points to consider: Stay Safe Abide by the Government rules and close your dealership to help stop the spread of COVID-19 and keep your staff and customers safe. … [Read more...]
Dealers seek Government help
The retail automotive sector employs 590,000 people in the UK and businesses must be protected through supportive fiscal measures during the outbreak of the Coronavirus, said Sue Robinson, Director of the National Franchised Dealers Association. NFDA yesterday wrote a letter to the Chancellor of the Exchequer, the Rt Hon Rishi Sunak MP and Alok Sharma, Secretary of State for Business, Enterprise … [Read more...]
Traders attack new consumer advice
Car dealers and auction houses have fallen out with trading standards officers. “It is disappointing that following a number of responses, including our detailed comments on the draft guidance consultation, the Chartered Trading Standards Institute has ignored the majority of the issues NFDA had outlined alongside other industry trade bodies”, said Sue Robinson, Director of the National … [Read more...]
Poorest to be hit hardest by planned new fuel grade
Government plans for a new petrol standard next year will hit 600,000 motorists who cannot use it and lead to social hardship and exclusion, according to the RAC. The Government has proposed replacing the minimum E5 standard for petrol blended with ethanol and substituting an E10 grade, which uses more ethanol but produces less carbon emissions. However, engineers say it may need engines being … [Read more...]
Auctions expected to rise in trade
Over half of respondents in a recent survey expect an increase in auction volumes, said Louise Wallis, Head of the National Association of Motor Auctions, commenting on the latest figures from NAMA’s market attitude survey. Auction volumes are expected to increase by 53% of respondents, with only 20% predicting a fall. Conversion rates are strongly favoured to increase, with 73% believing they … [Read more...]
AA rely on WMS Group warranties
AA Cars has appointed the award-winning WMS Group as their new warranty provider in a move targeted to shake up the used car warranty market. An initial five-year deal will begin on 1 April 2020, where WMS will be responsible for the administration and claims handling of all add-on products under and affiliated to the AA Warranty brand including the Dealer Promise and Approved Dealer networks As … [Read more...]
Best selling used-cars surprises
Hyundai Tucson is the fastest-selling used car of 2019, while Ford and Vauxhall models dominate the best-selling list, reveals analysis by AA Cars used cars website. The Hyundai Tucson has repeated its success from 2018, with the model spending the shortest time on the site, compared to other car models, before being snapped up by speedy buyers. SUVs and smaller family hatchbacks … [Read more...]
Tradelines 4 December
The Motor Ombudsman has a new search facility on its popular Garage Finder site to allow drivers to easily find and identify accredited businesses that service and repair electric vehicles. The latest upgrade to the online tool follows the body’s YouGov poll of 1,903 UK driving licence holders, which revealed that 84% of people would not know of a local business to get their electric vehicle … [Read more...]
Critical year for diesel engines
The demonisation of diesel is reaching a critical stage. Next year could turn out to be a “make or break” for diesel – with the fuel facing further demonisation just as new emissions standards delivering real benefits become more widely available, says FleetCheck. Peter Golding, managing director at the fleet management software specialist, said, “We seem to have arrived at a point in time … [Read more...]
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