Motor Trade Radio E26 S10.Lithia to close Pendragon’s CarStores. Pinewood off to a flying start solo. Repair cost spiral. Car parc nears 36m units. UK production dips. Stellantis blasts ZEV Mandate and more!
Apr 27, 2024
HEADLINES POD: We’ve got the week’s big car retailing stories
for you on the Motor Trade Radio podcast, powered by MOTORS.
It’s been another mega-busy news week for the sector!
Headlines this week from the Car Dealer, AM Online, FT and Daily
Telegraph.
🎙️Pendragon’s new owner Lithia to close 16 CarStores, with
staff notified about potential redundancies
🎙️While the sale of Pendragon’s retail business boosts profits
for newly listed Pinewood
🎙️How a perfect storm drove up car repair costs in 2023 by a
whopping 13.5%
🎙️UK's car parc nears 36 million units in 2023, providing
dealers with an aftersales opportunity by targeting older
cars
🎙️Car production tumbled by more than a quarter YoY in March,
as factories prepare for new-generation EV models
🎙️Stellantis issues a warning over future UK trading as ZEV
Mandate starts to limit new ICE sales
🎙️We reveal the peak day for customer enquiries!
PLUS cap hpi’s Derren Martin on April’s used car value trends
and the latest [M]enable Moment with our mental wealth wizard
Stephen Whitton
#AllTheChatterThatMatters with your co-hosts Curtis and
Philip
#Automotive