Rockar Hyundai stores handed to Motorline, Mitsubishi appoints Rob Lindley as managing director, Porsche axes all current diesel variants from line-up, VW's Seat makes Cupra a stand-alone brand to help boost profits and Used car buyers search on Sunday between 7pm-9pm, says iVendi
Philip Nothard of COX Automotive interviews Jim Reid and David Bilsborough of the IMDA to discuss the growth of the association since its launch in November 2017 and a couple of the current industry topics being discussed by its members. They raise the recent news; that dealers should be checking their Facebook reviews, as many have reported them disappearing overnight. And the more industry-wide topic of ex-business use vehicles and some best practice for dealers. And finally, they announce the launch of the first Independent Dealer Round Table event on the 21st February a Manheim Shepshed
Join Philip Nothard of Cox Automotive and Curtis Hutchinson as they round up the weeks headlines from around the motor trade.
Philip Nothard of COX Automotive and Andy Conde, General Manager Auctioneers Manheim, discuss the January used car market, the strength of conversion and values, driven by demand for quality and ready to retail product. Andy explains the importance of highly experienced and knowledgeable auction management teams, to deliver and complete, committed and connected service to customers. He concludes with observations on the existing balance of supply and demand, and how the remainder of the first quarter of 2018 could perform.
In this weeks episode, Auto Retail Network reports Renault cuts new car warranty, Motor Trader headlines New car registrations fall -6.3% in January, diesel down -25.6% and also Cox Automotive restructures top management team. AM-Online tells us that Car dealers made £400 loss in December, reports ASE. While Automotive News says Mercedes to electrify, make next Sprinter a better workplace and Daily Telegraph states that Elon Musk sends Tesla car to Mars on SpaceX rocket.
Daily Telegraph UK car production dips -3% to 1.67m cars, the first drop since 2009 Brexit and diesel fears put the brakes on UK car production
Motor Trader Big Cars receives offers to acquire assets of the company Car supermarket chain ceased trading due to "unsustainable trading conditions"
AM Online Increased administrative burden’ of Apprenticeship Levy blamed for 26.5% decline in new starters Decline in apprenticeship starters in Q1 blamed on red tape burden but automotive sector might be spared the full impact
BBC News UK plans 200-mile 'country roads' driverless trial Renault, Nissan and Mitsubishi collaborate on ambitious HumanDrive programme with real world testing starting in December 2019
BBC News Riversimple hydrogen car set for summer debut in Wales Real world trials of 10 hydrogen powered cars set to run for 12 months