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

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 [...]

Carwow partners with cap hpi

By |2018-12-18T10:09:51+00:00September 4th, 2017|News|

Carwow has confirmed a new 2 year data deal with cap hpi. The online platform will utilize cap hpi’s vehicle and valuation data to improve the service it provides to its customers. The announcement comes following carwow’s third round of financing which saw the business secure $39 million worth of investment. Rob Abrahams, head of market development at carwow, commented, [...]

Dealer Auction breaks the £1billion barrier

By |2018-12-18T10:09:52+00:00September 4th, 2017|News|

Trade to trade online auction site, Dealer Auction, which launched in 2010, broke through the £1billion vehicle sales mark in July. The Cox Automotive owned platform serves nearly 1,500 franchised centres and over 4,500 independent dealers in the UK who are able to bid and buy cars that would never have been available to them historically. Kieran TeeBoon, Operations Director [...]

G3 Remarketing announces ‘Maximum Margins Week’

By |2018-12-18T10:09:52+00:00September 4th, 2017|News|

Auction firm, G3 Remarketing, has announced a series of events titled ‘Maximum Margins Week’ aimed at recruiting dealers in the North. The events will run from 18-22 September at G3’s Leeds HQ, in association with NextGear Capital. The event includes workshops, talks and special offers, and a ‘buyer’s clinic’, at the start of the Autumn-Winter retail season. By way of [...]

Lookers trial 3D virtual showroom

By |2018-12-18T10:09:53+00:00September 4th, 2017|News|

Lookers are among the dealers trialing Radar Video’s 3D virtual showroom.The product aims top boost dealer’s social media marketing enquiries and sales. The online virtual showroom allows buyers to move around the dealership and ‘sit inside’ a vehicle to explore its technology and features. When the user interacts with a particular vehicle on the dealer’s website, Facebook tracking allows the [...]

NDFA report decline in dealer sentiment

By |2018-12-18T10:09:53+00:00September 4th, 2017|News|

The National Franchised Dealers Association (NFDA) Summer 2017 survey has reported an average score of 5.6, signaling a decline in the overall relationship between franchised car dealers and manufacturers.The score of 5.6 is -0.5 points down from the last survey and -0.6 lower than the same time last year. The Summer 2017 survey, had 1,754 respondents from a total of [...]

New General Sales Manager at Crewe Volkswagen

By |2018-12-18T10:25:14+00:00September 4th, 2017|News|

Swansway Garages has promoted Richard Mann, from Business Manager to General Sales Manager at Crewe Volkswagen. Richard Mann commented, “I started off my career in the Parachute Regiment and from there I’ve had a number of career changes, ranging from chip shop owner to financial adviser”!“Then I found the motor trade and I haven’t looked back, working for some great [...]

MG launch concept store in Cardiff

By |2018-12-18T09:51:53+00:00August 31st, 2017|News|

MG’s has confirmed a second UK concept store will open on 6th September at Cardiff’s St David’s Dewi Sant, which attracts more than 38 million visitors a year. The 1,610-square foot retail facility features a video screen wall, interactive iPad stations, and a dedicated ‘lifestyle space’. It will showcase models in the MG3 and MG GS ranges, with the new [...]

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