On this Saturday’s episode of MotortradeRadio.com, Philip Nothard and Derek Blair discuss the latest headlines from Motortrader.com. This week a new survey from cap hpi showed dealers believe car buyers are unaware of the implications of the changes being introduced to the way Vehicle Excise Duty. Also, Motor1.com is to launch into the UK online car classified market over the next few weeks.
In manufacturer news, Volkswagen has appointed Matt Benns as head of customer quality and network development and SsangYong has added three new dealers to its dealer network.
And the booming car finance market helped Black Horse turn in a strong performance in 2016 with turnover up 20% to £10.9bn. In other news, Arnold Clark continues to expand its Motorstore used car offer with the opening of a new site York.
Finally, Derek and Philip discuss Volkswagen's programme to fix diesel cars impacted by the emissions crisis, and the growth in demand for electric cars.
On this Saturday’s episode of MotortradeRadio.com, Philip Nothard and Derek Blair discuss the week’s headlines from Motortrader.com, including this week’s lead headline, that PSA has confirmed it is in talks to buy General Motors’ European Opel and Vauxhall operations.
Jaguar Land Rover has announced plans to boost its London sales operations by opening two new sites, including a flagship facility operated by Sytner, as well as significantly upgrading its existing showrooms in the capital.
They also look at reports that New car prices have risen by an average of 5.2% in the past seven months following the Brexit vote to leave the EU.
In another news, Britain’s used car market surged to record levels in 2016 with 8.2 million vehicles finding new owners, up 7.3% on the previous year. Pendragon saw underlying pre-tax profits rise 7.6% to £75.4m on turnover up 1.9% to £4.4bn for the year ending 31 December. And the group plans to open five used sales outlets in the first half of 2017 and is actively pursuing five additional sites for the second half.
And finally, Derek and Philip discuss the 2017 Motor Trader Top 60 Movers & Shakers, sponsored by Motors, reveals the key personalities in UK car retailing, those individuals who have influenced the motor retail sector over the past year and are set to make their presence felt over the course of 2017.
On this Saturday’s episode of MotortradeRadio.com, Philip Nothard and Derek Blair discuss the week’s headlines from Motortrader.com, Thursday's Driving Digital conference and the AM Awards at the ICC in Birmingham.
The headlines include how augmented reality, the blending of virtual reality with real life, will become a vital tool in new vehicle sales processes over the next five years.
They also look at reports that dealer profitability fell 11% to £178,000 in 2016 as dealers pumped more new cars through the system for less margin. Plus, Oodle Finance is targeting dealers and the used car finance market with £60m of funds from investment firm KKR.
In another news, Motor Trader announces the launch of the Motor Trader Industry Awards 2017, with over 20 categories celebrating best practice in the car retailing business and finally, Philip and Derek discuss and share the winners of the AM Awards 2017.
And finally, Derek holds the first face-to-face interview with Neil Addley, Managing Director Trusted Dealers, who shares the activates and presenter’s insights, from the NFDA Driving Digital Conference.
This Saturday on MotortradeRadio.com, Philip Nothard is joined by Curtis Hutchinson to discuss the week’s headlines from Motortrader.com.
This week, West Country Ford dealer Foray Motor Group is taking delivery of 350 extra Fiesta and Ka+ models worth £4m to pre-empt the new VED changes that take effect in 1 April, and Volkswagen is facing another group action in the UK over the emissions' issue.
Dealer group bosses are lobbying MPs next week to highlight the importance of the car retailing sector to the economy following the vote to leave the EU.
In another news, January saw a dip in the number of dealers reporting a monthly footfall increase in comparison to twelve months ago in the latest cap hpi report, and Hyundai has announced details of the first two customers to buy cars on its new 'Click to Buy' online platform.
Porsche has launched the first pop-up Porsche Life store in the Victoria Gate shopping centre in Leeds, which is open until 16 March.
Finally, Curtis Hutchinson, Editor at MotorTrader.com shares his observations from the recent NADA convention in New Orleans.