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.