Dale Wyatt, Director of Automobile for Suzuki GB joins Derek today. Dale talks about where Suzuki as a brand have come from since joining the company 10 years ago, the ethos behind the brand and entrepreneurial culture Suzuki encourages within the network
On this Saturday’s episode of MotortradeRadio.com, Philip Nothard is joined by Curtis Hutchinson, Editor of Motortrader.com. They discuss the latest headlines, including the an always popular subject of salaries, as the average dealer principal saw annual salary in 2016, including commission, rise 23.4% to £116,000 compared to the previous year.
Inchcape rated 5 in the Motor Trader Top 200 with annual turnover of £2.7bn, has introduced the package to retain its current 950 technicians while also attracting 350 new technicians to its business.
In other news, Rybrook Holdings has bought Paymill Motor Holdings, which operates a BMW and Mini and Motorrad motorcycle dealership in Wolverhampton. While, Holdcroft Motor Group has bought ALM Garages’ Hyundai business in Macclesfield for an undisclosed sum.
Auto Trader has rolled out its Price Indicators service across its website in a move it said would provide used car buyers with greater transparency. And, NFDA chairman Mark Squires, Eden Motors CEO Graeme Potts and Swansway Group director Peter Smyth are among the top car retailing speakers confirmed for the Motor Trader Summit on 12 July.
On this Saturday’s episode of MotortradeRadio.com, Philip Nothard is joined by Curtis Hutchinson, Editor of Motortrader.com. They discuss the latest headlines, including the exclusive news that Auto Trader has terminated its contract to supply a stock feed to MotoNovo’s forthcoming FindAndFundMyCar classified website.
Ford is aiming to boost all-makes parts and servicing sales for dealers with the launch of the Omnicraft range of parts, whilst Vauxhall has relaunched its £2,000 Scrappage Allowance promotion for certain models ordered and registered before 30 June.
In other news, according to Jato Dynamics, April new car registrations dip 7% in Europe and JCT600 has recorded record turnover but a fall in profits for the year-ended 31 December 2016 citing the impact of pre-registered cars on new and used prices in the wider market.
Cap hpi revealed a year on year 5% increase in pre-registered cars in May. The automotive data experts studied 17 plate and 16 plate used vehicles advertised on digital platforms.
And finally, an exclusive interview with Alastair Campbell, Founder of Carsnip, sharing his views of the benefit of clicks and making clicks more valuable.
On this Saturday’s episode of MotortradeRadio.com, Philip Nothard is joined by Curtis Hutchinson, Editor of Motortrader.com. They discuss the latest headlines, including the exclusive news that Vertu Motors has confirmed it will continue its programme to grow by acquisition with existing partners as well as attract new car brands to its portfolio.
Plus, they debate the research carried out by Centre for Economics and Business Research for Trustpilot; online car sales to ‘cost’ 27,000 automotive sales jobs in a decade?
In other news, Peugeot UK is to launch a Peugeot Direct used car programme as part of a drive to take greater control over the used cars it generates while also improving residual values for the brand. Whilst, Peoples has sold its Accrington Ford dealership to Oldham Motor Company (OMC) for an undisclosed sum.
Stratstone has opened a dedicated multi-marque premium used car centre in Amersham on the site of the group’s former Aston Martin dealership.
And finally, Motor Trader invites dealers to register for first webinar with Cambria, CarGurusand cap hpi on the panel – Click Here to register. And, if you missed it, click here to watch the RadarVideo.co.uk webinar, explaining why Facebook ads will work for your dealership.
On this Saturday’s episode of MotortradeRadio.com, Philip Nothard is joined by Curtis Hutchinson, Editor of Motortrader.com. They discuss the latest headlines including the exclusive news that Vertu Motors has launched an online used car sales platform and a round-up of the second annual dealer-led London Motor Show 2017.
Plus, Motor Trader has revealed the finalists for the 2017 Motor Trader Awards. A team of roving judges will be visiting the shortlisted companies and will report their findings back to the judging panel.
In other news, Vertu Motors has achieved record turnover and profit for the year ended 28 February, whilst Lookers’ used car business boomed in the first quarter with turnover increasing by 30% and Cambria Automobiles turned in a strong first half with underlying pre-tax profits up 21.7% to £5.6m.
And finally, according to research from cap-hpi, the majority of dealers will not be sourcing more used hybrid or electric vehicles as a result of the growing negativity towards diesel in the media.
On this Saturday’s episode of MotortradeRadio.com, Philip Nothard and Derek Blair discuss the latest headlines from Motortrader.com, and Philip reports on the success of COX Automotive debut Summit at the Ricoh Arena. Whilst Dealers are reporting a year-on-year decline in physical footfall in April according to a survey from cap hpi.
They also put some context around the headline ‘’ New car registrations plummeted -19.8% to 152,076 units in April as buyers brought forward purchases ahead of the switch to new VED rates, which came into force on 1 April 2017’’. In another news, Marshall Motor Holdings has been named by Great Place to Work as one of the UK’s Best Workplaces in its annual Best Workplaces ranking. And finally, ‘are’ Amazon looking at launching Amazon Vehicles in the UK less than a year after its debut in the US? Links
On this Saturday’s episode of MotortradeRadio.com, Philip Nothard and Derek Blair discuss the latest headlines from Motortrader.com, and updates and highlights from recent events they’ve attended over the week.
Whilst Ford is rolling out its Ford Mobile Service programme nationwide after a successful trial around Greater London; Used cars and aftersales powerPendragon in first quarter.
In another news, Auto Trader has acquired Macclesfield-based Motor Trade Delivery (MTD) for an undisclosed sum. An exclusive to Motortrader.com, Theresa May’s call for a snap election in May will not have a negative impact on the new car market, according to the UK head of Kia.
And finally, Divorcees and older people are the most successful at haggling dealers on used car prices, according to research by iVendi.
This week, Curtis Hutchinson, editor of Motortarder.com joins the podcast, to give us an update of the third annual Motor Trader Rising Stars Awards, next week’s London Motor Show and his thoughts on running the London Marathon last week.
This week Derek & Philip discuss the FCA probe into PCP sales, Peter Vardy's new CarStore in Dundee, iVendi's LCV solution, the Motor Trader Summit 2017, Luscombe's rising star award plus tonight's Ben Ball Scotland at the Dunblane Hydro
On this Saturday’s Easter Weekend special episode of MotortradeRadio.com, Philip Nothard is joined by Jason Jeggo Director of Sales - Radar Video to discuss the latest headlines, including the latest from Cox Automotive, as they launch into the Dealer Management Systems (DMS) market in the UK with Incadea.
In other news, Cox Automotive UK has launched a used car benchmarking data tool, the long-awaited competitor to Auto Trader’s i Control – presents dealers with a dashboard that highlights imagery, pricing, search volumes and days in stock. Whilst, Ford Motor Company has entered the UK consumer savings market with the launch of Ford Money.
As a mark of respect for a truly inspirational business leader and influential public figure, Sir Arnold Clark, founder of Arnold Clark Automobiles, who died aged 89 this week. Derek Blair reads out a tribute and MotoTradeRadio.com have a minute’s silence, out of respect.
And finally, two shout-outs from Curtis, as he is running the London Marathon for the Cystic Fibrosis Trust to help fund research into treating and curing CF. Following requests from busy dealers, Motor Trader has extended the online entry deadline to the Motor Trader Awards until 27 April. #MTraderAwards, with over 20 categories celebrating best practice in the car retailing business.
Sir Stirling Moss OBE joins Derek Blair to discuss his legendary career in motor racing, car history & charity work. Sir Stirling also describes winning the Mile Miglia where he AVERAGED 96 mph for 10.5 hours on open public roads.
Curtis Hutchinson joins Philip Nothard to discuss on today's #AprilFools day episode. This week's headlines from MotorTrader.com including exclusives from Exchange & Mart, Honda, SsangYong and Radar Video plus news from AutoTrader, CAP HPI and CarShop
On this Saturday’s episode of MotortradeRadio.com, Philip Nothard and Derek Blair discuss the latest headlines from Motortrader.com including real life testing carried out by Which? on diesel cars that revealed big variations among leading brands.
They also discuss research from Dealerweb suggesting the average purchase price of a GAP policy was down 1% in 2016 compared to 2015.
In other news, Ford is offering its premium Vignale sub-brand to all of its 466 UK dealers having previously restricted sales to its top-end FordStore network and Porsche Centre West London has become the latest dealer to be confirmed for The London Motor Show.
They also discuss the exclusive interview with Sytner CEO Darren Edwards looking at the reasons behind the recent acquisition of the CarShop and how the group is achieving record growth.
Finally, Derek talks about his *BONUS EPISODE* which aired on Friday 24th, with Zara Ross, CEO of BEN, the Automotive industry's charity.
** BONUS EPISODE ** Announcing our new partnership, Derek interviews Zara Ross, recently appointed CEO of Ben, the automotive industry's charity. Zara and Derek discuss the work of Ben and our plans to help spread the word of this outstanding cause.
On this Saturday’s episode of MotortradeRadio.com, Derek and Philip have an exclusive interview with Daksh Gupta & Mark Raban MMH Plc PLUS we have exclusive news from MotorTrader.com and ourselves!
This week Philip is joined by David Kendrick, Partner with UHY Hacker Young Manchester LLP to discuss the headlines from MotorTrader.com. Philip and David also discuss the weeks events affecting the motor industry including the Chancellor's Budget.
On this Saturday’s episode of Motor Trade Radio, Philip Nothard and Derek Blair discuss the latest headlines from Motor Trader. This week, a big story for the industry broke, when individuals responsible for car clocking offences amounting to more than seven million miles have been successfully prosecuted.
In dealer news, Inchcape turned in a strong performance in the UK and Europe in 2016 with trading profit up 9.2% to £97.1m on turnover up 14.9% to £4.06bn. And Derbyshire-based Pentagon Group turned in flat pre-tax profits of £4m (£4.2m in 2015) in 2016 on turnover of £472m (£484m).
And Vertu has issued a robust full year trading update driven by strong performances in used cars and aftersales. Whilst Ford of Britain chairman and managing director Andy Barratt is forecasting a ‘bumper’ new car sales performance for the plate-change in March.
In other news, Land Rover dealers will be selling an all-new SUV later this year when the Velar model arrives in showrooms.
Finally, Derek and Philip discuss research from cap hpi, as dealer margins came under pressure in February while finance sales boomed.
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.
#NADA100 special episode. @PhilipN_cap_hpi is joined directly from @nadaconvention by @Curtis_Hutch of @MotorTraderMag
On this week’s MotortradeRadio.com Philip Nothard and Jim Reid from JimReidVehiclesales discuss the week’s headlines from Motortrader.com.
As College Harwoods Group plans to buy land from Chichester College for a new Jaguar Land Rover business in Pulborough, Philip and Jim look at the novel ways dealer groups are locating land for new showrooms.
They also discuss new research by Marketing Delivery that claims dealers are missing key data out on a third of their customer aftersales records. And new research into 1,000 motorists by the NFDA that shows buyers are increasingly prepared to buy cars online when they are backed up by the reassurance of a franchised dealer.
In another news, Volvo Car UK will launch an online car sales channel in Q2 as part of a strategic move to significantly grow UK sales to become the biggest market in Europe, and Swansway Motor Group is dropping its Swansway Select non franchise used car branding and replacing it with Swansway Motor Match.
Plus, the NFDA has welcomed the Prime Minister Theresa May’s speech outlining the government’s negotiating objectives for exiting the EU.
Finally, legal firm Lawgistics says it has seen a number of dealers on the wrong side of the law when facing test drive speeding tickets.
On this Saturday’s episode of MotortradeRadio.com, the first for 2017, Philip Nothard and Derek Blair return to discuss the week’s headlines from Motortrader.com.
This week, Vauxhall is the latest high-profile name to join the line-up of the 2017 London Motor Show. Following the successful relaunch of the event in 2016, the show returns to Battersea Park with Motor Trader as the B2B media partner. New car registrations hit a new record with 2.69 million vehicles sold in 2016, with many commentators predicting a slowdown in 2017.
Lloyd Motor Group, the family-owned Carlise-based retailer, has acquired Clelands Jaguar for an undisclosed sum, and Lookers has bolstered its management team with the promotion of MD Nigel McMinn to the role of chief operating officer. McMinn joined Lookers in 2013 from Benfield.
In another news, Smart has started to sell cars online with deliveries direct to a customer’s home or local dealer within 12 days of credit acceptance, and thousands of UK motorists are to launch a lawsuit against Volkswagen over #dieselgate. The class action is led by UK law firm Harcus Sinclair UK which specialises in large group litigation.
cap hpi has confirmed the last printed edition of the iconic Black Book used car value guide will appear in February. At the same time, it will also phase out its Red and Green books, for commercial vehicles and motor cycles, in a move that will see the group complete its transition to a fully digital service.
Finally, Philip and Derek discuss the big story of the week, with the Sytner Group acquiring the CarShop supermarket chain for an undisclosed sum.