Today's Christmas Special episode of MotortradeRadio.com, Philip Nothard of COX Automotive is joined by Curtis Hutchinson to discuss the car retailing highlights of 2017 with a month by month look at the biggest headlines.
Stories covered include Sytner moving into the car supermarket business with two acquisitions, March's record registrations, falling dealer profitability, the growing importance of Facebook for dealers, the launch of the Independent Motor Dealers Association and much, much more!
A Merry Christmas and Happy New Year to everyone, and a thank you for all the support throughout 2017 and we look forward to sharing more dealer news in 2018.
On this Saturday’s episode of MotortradeRadio.com, Philip Nothard of COX Automotive joined by Curtis Hutchinson, editor at Motortrader.com to discuss the latest headlines, as pre-tax profits up 9.9% to £1.07bn amongst the UK’s biggest franchised dealer groups and Sytner, UK’s biggest dealer group consolidates its used-car business with second car supermarket purchase.
Meanwhile the Finance & Leasing Association reports finance sales now tracking -6% down year on year.
Philip Nothard of COX Automotive interviews Tim Hudson, MD of Manheim Inventory Solutions. Tim discusses the main trends noticed in the industry over the last year and what the future of the sector looks like. He also, shares the background of why double-blocking was recently introduced to Bruntingthorpe and some of the biggest challenges the sector has faced, and how they are responding; whilst summarising some of his key thoughts about vendors and buyers should be thinking about.
On this Saturday’s episode of MotortradeRadio.com, Philip Nothard of COX Automotive joined by Curtis Hutchinson, editor at Motortrader.com to discuss the latest headlines, as SMMT report that the new car market falls for the eighth consecutive month with diesel demand down 30%, along with Van sales falling -11% across the board with small LCVs hit hardest.
Franchised dealers go into the red in October reports ASE, as the average dealer site made £2,000 loss as return on sales fell to 1.01% in the rolling year.
Pendragon to reduce Stratstone premium brand locations, the dealer group will reduce its premium brand outlets over the next three years and is selling its US business. Aberdeen's John Clark Group acquires Morrisons of Stirling, as the dealer group grows with the acquisition of their Jaguar and Seat business.
Philip Nothard of COX Automotive interviews Phil Morgan, Head of findandfundmycar.com. Phil discusses the reason for entering what is already a crowded market and with his background at Gocompare, shares the challenges of making it a success and a household name. Phil shares how the relationship with Motonovo will work, whether the dealers will need to support Motonovo and which dealers, it is aimed at. He also shares the launch strategy and hints at the jingle they have created, to try to top Gocompare for the most annoying jingle of all time.