Lexus is Britain's best brand to be selling, according to the latest poll for the National Franchised Dealers Association. It is encouraging that despite the challenges affecting our industry, franchised dealers show high levels of satisfaction around a number of key business areas, particularly current profit, margins on used cars and manufacturers’ … [Read more...]
Dealers expect to recruit more staff
The percentage of dealers’ looking to recruit across all business areas is significantly up from Q2 this year, reports the National Franchised Dealers Association. In particular, 77.5% are seeking to recruit sales executives over the next three months and the same percentage intend to employ technicians. Additionally, 67.5% intend to hire service … [Read more...]
Used cars’ sales booming, says industry
The UK’s used car market grew 108.6% in the second quarter of 2021 according to the Society of Motor Manufacturers and Traders. Some 2,167,504 vehicles changed hands, up 6.6% on 2019 pre-pandemic levels, the best Q2 performance and almost the best quarter ever for the used car market. The increase tracks the country’s gradual emergence from lockdown, as … [Read more...]
Newslines 1 June
cinch reports there’s been an unprecedented upsurge in searches for convertibles from ever-optimistic Brit car buyers looking to purchase a car that will allow them to literally feel the wind in their hair and the sun on their face. From 4 January to 26 April, cinch saw a 303% increase in convertible car views, with views steady ever since and last week … [Read more...]
Luxury loophole can add value but not cost
Smart buyers, dealers and manufacturers have been given a lifeline to save expensive payments on new cars, for now. The Government's Office for Zero Emission Vehicles has provided clarity around the price cap definition stating cars must be priced below £35,000 RRP to be eligible for Government grants. In particular, the price cap definition includes “any … [Read more...]
Dealers happy with manufacturers relationships
It is positive that despite the significant disruption faced over the past twelve months, dealers are on average fairly satisfied with the relationship with their respective manufacturers, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. Average levels of dealer satisfaction with the support received through the pandemic by … [Read more...]
Apprentices drive by garages
Franchised dealers have been promoting apprenticeships. Drive My Career is the employment platform launched by the National Franchised Dealers Association in February 2018 to make the motor retail sector more attractive to jobseekers and connect potential candidates with their local retailers. As part of the #DMCApprenticeTakeover campaign, Drive My Career … [Read more...]
Newslines 11 February
Wales has some of the best drivers in Britain. Rooster Insurance looked at driving records and found just 12% of Welsh drivers had committed offences compared to 34% of Londoners in five years. The FIA has paved the way to a promising co-operation with the World Rally Championship Promoter Group for the promotion of the FIA World Rallycross … [Read more...]
UK car sales hit 50 year low
Pressure is mounting for new car prices to be slashed after sales plunged to their lowest for 50 years in January. Buyers who cannot visit showrooms during lockdown and who are concerned about jobs and income have put the brakes on business and now manufactuers face fines if they cannot reduce their fleet average this autumn. More sales have moved on-line … [Read more...]
Big jobs drive beginning among dealers
Car dealerships are planning a recruitment drive for staff over coming months. They will be looking for technicians, sales people and service assistants for the most part, but also considering what they need in other business areas. National Franchised Dealers Association has lobbied the Government throughout the year to extend the time period in which … [Read more...]
