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Rockar set to open second Hyundai dealership

Rockar bluewaterClicks and bricks digital dealership Rockar have announced that they will be opening a second Rockar Hyundai site, this time at the Westfield shopping centre in Stratford, East London on the 4th December 2015.

The 250 square metre store on the shopping centre’s lower ground floor next to Virgin Media, will feature Hyundai cars such as Tucson, i20 and i10. The new store at Westfield will employ 18 sales assistants known as Angels, 11 interactive tablets and 20 cars for test drives.

Rockar opened their first store at the Bluewater shopping centre in Kent in November 2014. In it’s first year 163,000 people came through the doors, with 18,200 of those in just one month. On its busiest day, more than 1,200 people walked through Rockar Hyundai’s doors.

Beyond revealing that they have signed 443 PCP contracts, Rockar and Hyundai are tight lipped about actual sales volumes, but sources close to the manufacturer have told Motor Trade News that Rockar Hyundai was on target to sell 1,000 units in it’s first year at Bluewater. Hyundai say that Rockar is amongst their Top 10 dealers and 50% of purchases have been completed on their website

According to Rockar 94% of buyers have been new to the brand, their average age is 39 and 54% of them are female. The firm says 72% of its customers were ‘lured’ away from the used car market.

Talking about the latest venture, Simon Dixon, CEO and founder of Rockar, said, “Rockar Hyundai has a clear vision – to offer consumers an easy and flexible way to buy and own a car and from the results we have seen that vision is clearly resonating with consumers. We’re at the stage now where we can move forward confidently with the opening of a new store in one of the UK’s leading retail destinations in London.”

Tony Whitehorn, President & CEO, Hyundai Motor UK, added “We have been really impressed by the positive public reaction to our first Rockar Hyundai store, and we’re confident that the new site at Westfield London will continue to attract more people to our brand.”

BCA’s acquisition of SMA could face further CMA probe

SoftTopThe Competition and Markets Authority (CMA) has confirmed that BCA’s acquisition of SMA will face an in-depth merger inquiry unless BCA offers a solution to competition concerns in car auctions in Newcastle.

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Ford network to hit 100,000 RAC inspections by January 2016

RACF2The RAC Service Workshop Quality Programme, an ongoing quality audit on Ford’s Authorised Repairer Network is expected to exceed 100,000 individual inspections by January 2016.

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Macklin motors invests £600K in Edinburgh sites

Mac HyundaiTwo Vertu owned Macklin Motors Hyundai dealerships in Edinburgh have undergone refurbishment as part of a £600,000 investment.

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Mazda Motors UK moves into new HQ

MHQMazda UK has moved into a 25,000sq ft three-story head office building in Crossways Business Park near Dartford, Kent.

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CitNOW make two senior appointments

See it newCitNOW has confirmed the appointments of UK Field Sales Manager, Pam Cameron and Head of Client Services, Stephen Bateson.

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NAMA saw auction prices and volumes edge up last month

nama logoAuctions trade body, the National Association of Motor Auctions (NAMA) published its monthly market report today for October 2015, showing that that the average sales price in October edged up by 0.9% to £5,441 from £5,263.

Volumes were up 2.4% in October comapred to September 2015. In terms of a year on year comparison vehicle auction sales rose by 12.0% from 102,707 in October 2014 to 114,986 in October 2015.

The percentage of vehicles sold first time in October decreased from 85% in September to 80%, a fall of 5%. In Comparison to October 2014 there was no change in the conversion rate, remaining static at 80%. The price premium for vehicles sold fell from £300 to £250, and the average days on site increased to 7.4 from 7.3 days.

Four out of the five market sectors saw a sales price growth on the equivalent month 2014 with only the late and low sector falling in price on the previous year. There were a significant number of budget vehicles sold during the month at auction maintaining the trend experienced throughout 2015 with prices holding well despite the volume.

Talking about the market conditions, Paul Hill, NAMA Chairman said, “At the wholesale level, first time conversion rates declined in four of the five market segments to below 80%. The exception was the budget sector of the market which delivered an 86.2% first time conversion. Although we have seen a marginal 1.1% fall in new car registrations, October delivered the third highest number of sales at auction during 2015. In addition to the fleet volume, dealers continued to clear the decks of overage stock and unwanted part exchange vehicles that arrived on site as a result of new car sales activity in September and October.

Hill adds, “Despite volumes of new cars evening out in during October, we expect that manufacturers will continue with the relentless push to generate new car registrations and vie for market position. As always the ever vigilant vendor remarketing partners will need to keep close to the market changes and council wisely at the pre-auction briefings. In addition swift advice will be needed to ensure days to sale are kept to a minimum and the best values are achieved on the day.”

SMW Volvo to fundraise all the way to Gothenburg

General Manager Brian Gribben right and Business Manager Ciaran DinesVolvo dealership SMW Belfast will be virtually cycling and rowing 1,381 miles from Belfast to Gothenburg to raise money for charities CLIC Sargent and Alzheimer’s Society.

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New Ducati dealership for Stoke on Trent

DMC MotoItalian motorcycle brand Ducati have added to their dealer network, signing up DMC Moto on London Road, Trent Vale in Stoke on Trent as their newest franchisee, taking the brand's network to 32 in the UK.

The official opening for DMC Moto Stoke is November 21st November, when four times British Superbike Champion, Shane ‘Shakey’ Byrne will be the guest of honour at the official opening.

DMC group already have two Ducati dealerships, one in Manchester and another in Preston. The new dealership has a state of the art workshop complete with Ducati tooling and diagnostic equipment and the showroom will also stock the latest clothing and accessories for both the Ducati and Ducati Scrambler brands.

Boss of DMC Group, Chris Booth, MD says "We have invested a huge amount of money into an all new Ducati showroom to serve the people of Stoke and Staffordshire and bring them closer to this iconic Italian brand. Customers will be able to view the full Ducati range of new bikes, clothing, parts, accessories, in a beautiful environment where we expect to give them a premium customer experience. We have worked closely with Ducati UK to find the perfect location and with 10 years as a Ducati franchise we expect to bring the ultimate Ducati experience to Stoke.

Nigel Goodman, Ducati’s Network Sales & Development Manager adds, “DMC Moto has consistently been one of our top performing dealers in terms of sales, after sales and customer service over the many years that we have been working with them. We are extremely confident they will do a great job with the Ducati and Ducati Scrambler brands in the Stoke area.”