On this Saturday’s episode of MotortradeRadio.com, Philip Nothard and Curtis Hutchinson of Motortrader.com to discuss the latest headlines, as the SMMT has taken the unusual step of reissuing its used car sales figures for Q2, and recalculated figures revealed, that UK used car transactions experienced a decline of just -0.7% instead of the previously quoted -13.5%.
Whilst, a survey by Warrantywise of 1,320 people showed that repair garages – independents and franchised dealers – beat estate agents into first place, with plumbers taking the third spot.
In other news, Hyundai is the latest carmaker to launch a scrappage scheme with dealers offering between £1,545 and £5,000 on trade-ins across its model range.
Handy Motorsport has joined forces with the Alfa Romeo Dealer Council to bring the brand back to the British Touring Car Championship in 2018.
And finally, the most popular time for making an online enquiry about a new or used car purchase is between 10.00am and 11.00am, according to new consumer research from showroom system specialist Dealerweb. And, Lookers is opening its second multi-franchise used car centre in Motherwell on 1 September. The opening comes just four weeks after the dealer group opened its first Lookers Outlet in Gateshead ahead of a planned national rollout.
A shout out, as dealers have already started signing up for the inaugural Motor Trader Summit taking place on 21 November at Birmingham’s Edgbaston Stadium.
The special one-day event, which is free to dealers, is themed around Boosting Dealer Profitability in 2018 with a series of best practice speaker sessions covering the forthcoming GDPR rules, online customer reviews and social media marketing.
While we've been talking about recording this episode for a while, it's with perfect timing that David Beeney and Derek Blair today discuss mental health in the workplace. Perfect timing as Ben, the automotive industry's charity has recently announced the 'Hat's on for mental health' initiative will happen on the 13th of October.
David is an ex-AutoTrader director and today he shares how he hid a mental health disorder for the majority of his career to date. David now runs www.breakingthesilence.co.uk, a service which helps employers to better understand mental health.
If you are suffering in silence, this engaging interview will help you realise that you are not alone.
On this Saturday’s episode of MotortradeRadio.com, Philip Nothard andCurtis Hutchinson of Motortrader.com to discuss the latest headlines, Ford has a launched a scrappage scheme covering all makes of cars and vans registered before the end of 2009.
Whilst, The South Africa-based Imperial Holdings has acquired Pentagon Motor Holdings for an undisclosed sum. And, the Trade Centre Wales’ first site in England has doubled its monthly pre-tax profits to an average of £2m since opening in April 2017, according to a trading update issued by the group.
In other news, Pendragon has confirmed its latest Evans Halshaw Car Store will open at the end of August in Ashford, Surrey.
Moves by the Financial Conduct Authority (FCA) to assess incentives for sales staff will have a “significant impact” on car sales and car financing.
And finally, Dealers have already started signing up for the inaugural Motor Trader Summit taking place on 21 November at Birmingham’s Edgbaston Stadium. The special one-day event, which is free to dealers, is themed around Boosting Dealer Profitability in 2018 with a series of best practice speaker sessions covering the forthcoming GDPR rules, online customer reviews and social media marketing.
Today Philip is joined by Robin Luscombe and David Kendrick who this week have announced the launch of Tempus Automotive, a multi-million pound private investment fund to give entrepreneurs the opportunity to acquire their own dealerships.
Today Philip is joined by Jim Reid to discuss the week's headlines, including financial results from both Marshall Motor Holdings and Lookers, plc plus the launch of the IMDA (Independent Motor Dealer Association).
In this special episode of Motor Trader Radio, Derek and Philip are joined by Daksh Gupta, CEO and Mark Raban, CFO Marshall Motor Holdings plc. Daksh and Mark document another outstanding set of results for the group.
Daksh Gupta, CEO of Marshall Motor Holdings Plc has handed the baton for Ben’s 2017 Industry Leader (ILC) Challenge to Jeremy Hicks, MD of Jaguar Land Rover UK. Jeremy, who has been a Trustee of the automotive industry charity, Ben for 2 years, will galvanise his team to raise awareness and crucial funds for the charity in the ‘Jaguar Land Rover Channel Swim Challenge’.
Get ready to have your ears blown off as Philip Nothard is joined today by Paul Fieldson, the Operations Director for Radar Video. Paul shares his 23 years in the motor trade and he also offers his opinion on, well, pretty much everything!
An overview of why and where carwow was formed, and the initial demand for such a product in the automotive industry. Then, discussing the latest round of £30m investment, along with the Who and Why’s, and more importantly what the investment will create. Then we discussed what’s happening for the remainder of 2017, in terms of additional product functionality, the strategy for 2018. We finished off with, the insights the behaviours of consumers creates and how the sharing of the data can help both the retailers and manufacturers, but more importantly, the consumers.
On this Saturday’s episode of MotortradeRadio.com, Philip Nothard and Peter Zinkewycz of Radar Video to discuss the latest headlines, including re-entering the car supermarket sector with the opening of its first Lookers Outlet site in Gateshead on 4 August.
Whilst, Pendragon plans to open five new Evans Halshaw Car Stores in the second half of 2017. The new stores will open in Ipswich, Norwich, Borehamwood, Dartford and Ashford. And, Dodge is returning to the UK after a seven-year absence under a new import and distribution deal with Auto Export Corporation (AEC). The move will also see the introduction of the Ram truck brand to the UK.
In other news, Eastern Western Motor Group has acquired Grassicks Garage, which holds the BMW and MINI franchises in Perth.
carwow, the new car retailing website, has raised $39m (£30m) worth of financing to fund further growth in the UK and internationally.
In its July dealer market survey, cap hpi found the number of dealers reporting an increase in retained margins has dipped to 18%, compared with 19% 12 months ago. The number reporting a loss remains at nearly half, albeit slightly less than last year (44% v 47%).
And finally, Philip Nothard, interviews James Hind – founder & CEO of carwow. James shares the why, what’s and where’s of their recent fund injection, along with the strategies and developments for the remainder of 2017. And more importantly, for 2018 in both the UK and Internationally.
Paul Williams, CEO of SsangYong GB, shares the fascinating events that have happened over last 5 years to turn the business around. Paul also documents the business opportunity for independents & medium dealer groups to join this ambitious manufacturer.
This week Philip Nothard is joined by Jason Jeggo, of Radar Video. The guys discuss the latest developments at Radar and the launch of the Suzuki Instant Ad Creator - the instant video tool for automotive marketing, plus the headlines from Motor Trader.
On today's Sunday Interview, Derek Blair talks with Sandy Burgess, the Chief Executive of the Scottish Motor Trade Association. Two years into Sandy's tenure, we discuss the history of the association and what the future holds for the SMTA and its members.
Today's episode features Philip Nothard and guest Curtis Hutchinson of Motor Trader Magazine. They discuss the winners of last week's #MTraderAwards at the prestigious JW Marriott Grosvenor Hotel on Park Lane, London.
Special mentions are given to:
New Dealership of the Year – TrustFord Epsom
Text book example of opening a new site in a busy town and hitting the ground running
Social Media – Group – Day’s Motor Group
South Wales based group shows how to integrate social media platforms to drive interaction and sales
Social Media – Single Site – Luscombe Suzuki Leeds
A single-site that uses social media to punch above its weight to interact with customers and drive sales
Sales Team of the Year/Business Manager – SG Petch Hyundai
Middlesbrough-based multi-franchise business that excels at selling to its local community
Dealer Group of the Year – Swansway Group (by judges’ nomination)
Motor Trader Top 200 group that has grown organically and by acquisition and is setting high standards across the sector
Carmaker of the Year – Suzuki GB (by judges’ nomination)
Consistently outperforms most carmakers in the NFDA Dealer Attitude Survey through its close relationship with its retailers
Outstanding Achievement – Mark Squires, NFDA
One of the most highly respected dealer group bosses in the industry now sharing his industry experience as chairman of the NFDA
Sunday bonus interview:
On tomorrow's bonus Sunday interview, Derek Blair talks with Sandy Burgess, Chief Executive of the SMTA. Sandy shares recent strategies and exciting plans for the association's future.
Jon Sheard is the Operations Director of enquiryMAX, a UK-based company and provider of leading automotive retail software. Today he talks to Philip Nothard on what enquiryMAX can do for your dealership.
On this Saturday’s episode of MotortradeRadio.com,Philip Nothard is joined by a guest co-host, Andy Lycett, an avid listener to the show, and works at the sharp end of the industry. They discuss the latest headlines fromMotortrader.com, including Lookers latest news, to move to new HQ in Manchester in 2017.
Whilst, The Institute of the Motor Industry (IMI) has warned the motor retail sector is failing to train enough technicians in electric technology to keep pace with growing electric vehicle (EV) sales.
In other news, Dealers have been warned to take steps to protect themselves against ransomware cyber-attacks, which have impacted banks and the NHS in recent months.
They discuss Motor Trader Webinar Driving Online Used Car Sales Through Greater Transparency - Click here
Motor Trader Awards 2017 had a record number of entries and finalists with 22 categories covering all aspects of the retail motor industry.
And finally, Philip interviews Jon Sheard, Director of Operations at enquiryMAX. Jon shares what they do, their recent growth, whilst discussing trends they see in consumer behaviour and how they can support the dealer network with areas such as FCA legislation. And their outlook for the rest of 2017, and strategic direction for the next 18-months.
On today's bonus Sunday interview, Philip Nothard talks with Neil Hodson CEO of Aston Barclay Group. Neil shares how the recent acquisition plans came about, whilst discussing the excitement surrounding the new ‘super centre’ in Donnington and how they plan to double in the next five years.
On this Saturday’s episode of MotortradeRadio.com, Philip Nothard and Derek Blair discuss the latest headlines, including why The Bank of England has highlighted the risk of soaring consumer credit and the booming car finance market.
Whilst, Land Rover had the largest number of authorised claims for four-year-old vehicles, according to analysis of Warranty Direct customers over three years. Jaguar, Vauxhall and Renault led other manufacturers with the highest proportion of authorised claims.
In other news, #Diesel car values continue to fall at a steeper rate than petrol, cap hpi on values in May plus Mark Lavery in cap hpi White Paper saying customers are confused on diesel download HR Owen’s Ecurie used car business has launched a pop-up used car showroom in conjunction with Sunseeker Torquay at Darthaven Marina.
The expanded London Motor Show heads back to ExCeL in 2018, and don’t forget to join the 150+ #dealers already signed up to watch the Live Webinar ‘Driving Online Used Car Sales Through Greater Transparency’, on Thursday 6th July at 3pm.
And finally, Philip interviews Neil Hodson CEO of Aston Barclay Group, to chat about the latest acquisition and the next 5-years on the Sunday bonus episode.
With over 16 years’ experience in the health, social and community care sectors, Yvonne has worked to develop creative, person centred and impactful services for some of society’s most vulnerable people.
Most recently Yvonne was the founding Director of a charity and social enterprise delivering direct support to people who live with learning disability and their families. Managing complex, regulated activity and leading community based teams has given Yvonne the experience and knowledge required to fulfil the demanding role of Support Services Director at Ben.
Yvonne is driven by a desire to ensure people who need support are enabled to find long-term solutions to life’s challenges.
In her personal life, as a wife, mum and friend, Yvonne is never bored! She enjoys spending time with her family, cooking and being outdoors.
On this Saturday’s episode of MotortradeRadio.com, Philip Nothard and Derek Blair discuss the latest headlines, including the recent popular subject that Pentagon has hit out at some carmakers who are putting dealers under pressure with their volume targets.
Whilst, the majority of dealers (76%) said they expected profits to drop or remain static for the year, an increase of 20 percentage points over 2016, according to the second annual MHA Motor Dealer report.
In other news, Volkswagen UK is to open its first store next month in the Bullring shopping centre in Birmingham.
Trust Ford general manager in Epsom Lucy Curtis has been named most inspirational British woman in retail in the Autocar Great British Women in the Automotive Industry.
And, Marshall Motor Group has signed a deal to use a range of data from cap hpi, plus the value of part-exchange vehicles dropped 3.4% to £10,666, according to analysis of 500 dealers carried out by enquiryMAX.
And finally, Philip interviews Yvonne Hignell, Care and Support Services Director at BEN Automotive Industry Charity. on theSunday bonus episode.
On the Sunday interview, Rebecca Sides, GM of Inchcape Mercedes-Benz North Wales talks to Derek Blair. We discuss her career to date and how she is crushing social media, and how her idea for a YouTube channel has generated over 1.5 million views.
Amazon is hiring staff to become an online car dealer in Europe according to German trade newspaper Automobilwoche. And the Trade Centre Wales turned in a strong performance and Cap hpi sees ‘slight easing’ in diesel values year on year.
This Sunday's episode of Motor Trade Radio features Chris Roach of Auto Trade Associates. Chris explains why the association came to exist and expands on the future of the organisation plus what's in it for dealers and members of the public.
On this Saturday’s episode of MotortradeRadio.com, Philip Nothard is joined by Curtis Hutchinson, Editor ofMotortrader.com. They discuss the latest headlines, including the key findings of the JD Power 2017 UK Customer Service Index (CSI) Study.