Motor Trade News delivers crucial news and reports for both the franchise and non-franchise UK Motor car dealer network.

Road and track – BMW M5 CS

By |2024-04-25T10:19:49+01:00April 25th, 2024|News|

The CS suffix has been used recently by BMW’s Motorsport in-house tuning division to identify special M cars and the  limited-edition 2024  M5 CS here, dates back to 2021 and fully loaded, as our test car was, would set you back some £140,00. So here might be a good opportunity to seek out a used model which may be at least back in five figures - if you can find one.

EVs selling faster than ICE vehicles according to digital remarketing specialist

By |2024-04-22T11:07:30+01:00April 22nd, 2024|Dealer Insights, News|

Study also showed that EVs achieved 106.87% of cap Live, with ICE vehicles at 106.39%. Julian Humphreys, co-founder and Chief Executive of MOTOM, said: "The data shows that confidence in EVs continues to grow. There is a clear buyer appetite for the right EV, and demand has recovered since the middle of last year.

Dealers have fewer used EVs in stock than any country in Europe

By |2024-04-22T10:33:34+01:00April 22nd, 2024|Dealer Insights, News, Used cars|

Through a combination of growing used EV sales and dealers limiting their stock levels of zero emission cars, their Market Days’ Supply (MDS) of 54 days is the lowest in Europe. To put this into perspective Austria and Spain have the highest MDS of 143 days and 135 days respectively for EVs and Denmark the lowest at 55 days.

Q1 used car market bounces back followed by a strong start to Q2

By |2024-04-19T09:35:45+01:00April 19th, 2024|News, Used cars|

Liquid Fleet experienced a buoyant used market from the start of 2024, where normally it takes about two weeks for the trade to return to buying stock. April looks to have continued in the same vein with retailers reporting a healthy Easter weekend and Liquid Fleet forecasting a strong Q2 used market

Marketing Delivery appoints former Lookers’ exec to support growth 

By |2024-04-17T09:42:17+01:00April 17th, 2024|News|

With over 15 years of automotive retail experience, Glasgow-based Gerber brings a wealth of knowledge and insight into how marketing solutions can benefit retailers within the industry. She joined Taggarts – part of Lookers Motor Group – in 2008 as Group Marketing Manager, later advancing to Divisional Marketing Manager in 2014 where she oversaw a diverse range of volume and prestige brands.

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