Dec 9, 2017
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.