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

UK car buyers underestimate their credit scores

By |2018-12-18T10:09:48+00:00September 6th, 2017|News|

New research from BuyaCar.co.uk has found that British consumers typically underestimate their own credit-worthiness. The online platform found that half of those people who assume their own credit score will be poor actually turn out to be an average or good credit risk. Furthermore, one in five customers with the highest credit score were found to believe they have a [...]

Presentation and accuracy key to online auction success

By |2018-12-18T10:09:49+00:00September 6th, 2017|News|

Cooper Solutions who operate the trade-only online vehicle auction site, FullAuction, its trade-only online vehicle auction site, says that the key to attracting a good level of buyer interest is presentation, and honest listings. Barry Cooper of Cooper Solutions comments, “There’s a lot that retailers can do to help their vehicles achieve exceptional values at an online auction. As ever, [...]

Vertu Toyota sponsors Matlock Town

By |2018-12-18T10:05:16+00:00September 6th, 2017|News|

Vertu Toyota has signed up to sponsor Matlock Town FC for the 2017/18 football season. Under the sponsorship deal the dealership’s name and branding will appear on the team’s shorts, and around its DCJ Group Insurance Arena. Under the new deal supporters of the club will have access to preferential deals. Vertu Toyota has also agreed to be the headline [...]

Warranty Group sees opportunity in used diesel cars

By |2018-12-18T10:09:49+00:00September 5th, 2017|News|

The Warranty Group says that maintaining customer interest in used diesel cars could be a facilitated by the provision of suitable warranty products. Rich Green, CEO, UK and Europe, said: “The overall UK car parc will remain predominantly diesel for many years to come, even as consumer sentiment changes, and used car retailers need to find ways to maintain interest [...]

LCV market up 1.5% in August

By |2018-12-18T10:09:50+00:00September 5th, 2017|News|

The Society of Motor Manufacturers and Traders (SMMT) has confirmed that the new light commercial vehicle (LCV) market remained steady in August, with 15,619 vans and pickups registered during the month. The figure represents the best August performance in 12 years for LCV registrations. The best performance was a 39.9% growth in smaller vans weighing 2.0-2.5T, while the pickup segment [...]

New car registrations down 6.4% in August

By |2018-12-18T10:09:50+00:00September 5th, 2017|News|

The Society of Motor Manufacturers and Traders (SMMT) has confirmed that the new car market saw its fifth consecutive month of decline in August with registrations down by 6.4% against August 2016. Despite the decline, the 76,000 new cars registered, constitute the third biggest August in 10 years. Year to date registrations are down 2.4%, at 1,640,241 units.58.3% of registrations [...]

EMaC launches AutoQuote

By |2018-12-18T10:09:51+00:00September 5th, 2017|News|

Service plan provider, EMaC, has launched its new AutoQuote service to provide automated service plan quotations and reduce dealer administration. AutoQuote uses data received from a dealership to generate quotes, which are then sent to the retailer ready to be printed for the customer. To finalise the sale dealers use the customer’s unique quote number. John O’Donnell, Managing Director of [...]

Hendy Kia sponsors Cowdrey Cricket Club

By |2018-12-18T10:05:17+00:00September 5th, 2017|News|

Hendy Kia in Tunbridge Wells has sponsored Cowdrey Cricket Club with new branded shirts.The deal is part of Kia’s goal to support local grassroots cricket teams across the UK. The new kit was presented at the Hendy sponsored Cowdrey Cricket Club Day. Hendy commercial director Mark Busby said, “Grassroots cricket is the real heart of the game. At Hendy Kia [...]

Cambria confirms improved margin amid sales decline

By |2018-12-18T09:51:50+00:00September 5th, 2017|News|

Cambria Automobiles plc has released a trading update for the 11 months to 31 July 2017, confirming declines in new and used sales, with gains in both aftersales and per unit profitability. New vehicle unit sales for the 11 months were down 12.2%, and by 17.6% on a like-for-like basis. Cambria however assert that the gross profit per retail unit [...]

Bristol Street Motors Ford Bolton completes upgrade

By |2018-12-18T09:51:52+00:00September 4th, 2017|News|

Bristol Street Motors Ford Bolton’s transformation into the region’s only FordStore is complete, and ready for launch following a six month, £3million redevelopment. The site’s parent company, Vertu Motors plc, invested the £3million to deliver North West’s only FordStore; a grade of dealership which the manufacturer allows to sell the premium Vignale series, and the Mustang car. Players from Bolton [...]

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