New data from Wagonex revealed that younger drivers are most likely to acquire a car on subscription. Drivers aged 26-35 are six times more likely to get a car on subscription than those aged 56-65, and eleven times more likely than those aged 65+. With the latest sector statistics revealing that the UK’s car subscription market is the biggest in Europe in terms of revenue, the experts at … [Read more...]
Kia is king among dealers, trade survey shows
Kia dealers are the happiest in UK, but Jaguar franchise holders are most pessimistic. Dealer satisfaction regarding current profit returns have experienced a slight decrease, with an average score of 6.1, down by – 0.1 from the Summer 2023 edition (-1.6% change) of surveys by the National Franchised Dealers Association. Assessing the trends, from previous DAS surveys, current profit return … [Read more...]
Buying into greener habits, maybe a model attraction
Britain's best eco-warriors on the roads have been revealed in a survey for Auto Trader, and there are a few surprises. Their survey has also shown up the least green owners. Top 5 Drivers With The Best Eco-habits Lexus Drivers: Lexus drivers are crowned the drivers with the best eco-habits, thanks to their pioneering behavior in reducing road congestion and emissions, with an impressive 63% … [Read more...]
Stock funding key in troubled times
Data released by V12 Vehicle Finance shows the fastest-selling models to assist dealers with the acquisitions they make using stock funding. Over the last six months, the following manufacturers have stood out for stock being sold within the first 30 days of funding. Top 10 manufacturers on stocking plan less than 30 days Jaguar – 45% of volume sold within 30 days of being on a stocking … [Read more...]
Tradelines 5 July
A new five year remarketing deal with Volkswagen Financial Services has been won by epyx. The arrangement will see the company’s 1link Disposal Network used to remarket all VWFS vehicles as they reach the end of their lease periods and covers all VW brands – Audi, Bentley, CUPRA, Lamborghini, Porsche, SEAT, Skoda, Volkswagen and Volkswagen Commercial Vehicles. After four years of development … [Read more...]
Weekend roadtest: Cupra Born V2
As growth accelerates in the electric car market, some traditional manufacturers like SEAT are refining and introducing new sub-brands. The sector has pulled in completely new brands from China alongside off-shoots of European and Asian manufacturers who all want a piece of this increasingly important “green” branch of the high earning business. SEAT first launched its sporting Cupra sub-brand … [Read more...]
Newslines 2 May
Aston Martin Works is announcing the availability for the first time in decades of new major components, including gearboxes and engine blocks, for some of the brand’s most iconic sports cars. Working with trusted suppliers the team at the heritage home of the world-renowned British car maker has developed entirely new engine blocks, cylinder heads, gearboxes and other major components – all … [Read more...]
Welsh family car dealership’ profits soar
West Wales family garage group Gravell’s saw its profits rise to almost £5m in 2021, accounts have shown. Documents in Companies House show its turnover rose by almost £20m to reach an impressive £96.3m compared to £76.5m in the previous year. Some £85.8m came from vehicle sales with parts and service sales adding £6.6m while a further £3.9m came from other sales such as finance … [Read more...]
Safety gradings revealed
The latest Euro NCAP safety results have been released today, including seven vehicles that went through rigorous impact protection and crash avoidance testing and a separate Assisted Driving Grading for the Mercedes-Benz EQE. The Mercedes-Benz EQE’s Assisted Driving or ‘L2’ system has been rated ‘very good’, achieving the best overall score in testing to date. The Assisted Driving Gradings … [Read more...]
Newslines 14 October
It’s the end of the road for familiar Jaguar sports cars next year before it becomes an electric-only brand from 2025. To mark the final Model Year of F-TYPE and 75 years of Jaguar sports cars, customers can choose the new F-TYPE 75 or F-TYPE R 75 special editions with unique interior and exterior design elements, carefully curated specifications, and the supercharged 5.0-litre Jaguar V8 engine … [Read more...]
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