Unprepared car retailers could be “heading for a fall” if they do not act fast to prepare for 2023’s ramp-up in compliance challenges, it has been claimed.
Auto Trader has raised concerns that the electric vehicle (EV) market is faltering after the cost-of-living crisis sparked the first post-pandemic decline in demand for zero-emission transport.
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Hawkins Motor Group has a 46.6% increase in pre-tax profits after seeing demand for car purchases “skyrocket” in the post-COVID trading period.
Electric, plug-in hybrid and hybrid vehicles accounted for more than half (53%) of business lease enquiries in Q3 2022, according to Leasing.com.
There has been a lot of talk about leadership over the past few months and if one looks at the management bookshelves even more has been written.
Stock shortages are expected to trigger a 3% decline in used car sales during 2023, despite a 19% uplift in new car registrations, according to Auto Trader.
Car retailers in the UK are missing out on £166 million in aftersales revenue due to a failure to tap into manufacturers’ vehicle safety recalls, research conducted by Auto Data Solutions has found.
Mazda UK managing director Jeremy Thomson has said the time is right to “turbocharge” greater gender diversity in the automotive sector after becoming the Automotive 30% Club’s latest Patron and Gold member.
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