article thumbnail

Lincoln shrinking its dealership network

Motor Authority

dealerships in 2023 and plans to cut 100 more this year in an effort to boost profitability from its retail network, Automotive News reported last week. dealerships by the end of 2024. Lincoln cut 100 U.S. This will reportedly leave Lincoln with roughly 400 U.S.

article thumbnail

Volkswagen Group UK overhaul of dealer networks – UPDATE

Motor Trader

Volkswagen Group UK has confirmed that it is pushing ahead with plans to remap its UK dealer networks with cuts to the number of dealer outlets and fewer investors. “I presume that the plan for NI will be two investors, not two dealerships. “Does it make sense? “But it’s brutal.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Volkswagen Group UK confirms ‘ongoing’ overhaul of UK dealer networks

Motor Trader

Volkswagen Group UK has confirmed that it is pushing ahead with plans remap the UK dealer network with cuts to the number of dealer outlets and fewer but larger investors. The remap of the networks impacts the brands it has in the UK, including Audi, Volkswagen Passenger Cars, Volkswagen Commercial Vehicles, SEAT, Cupra and Škoda.

article thumbnail

Admiral to set up UK motor finance approved dealership network

Motor Trader

International financial services group Admiral is recruiting a network of UK dealers to boost its car finance business in the UK. This story continues at Admiral to set up UK motor finance approved dealership network Or just read more coverage at Motor Trader Our vision is to build the best Car Finance business in the UK.

Finance 111
article thumbnail

Mitchell Mazda celebrates its 20th year in Mazda dealer network

Motor Trader

Mitchell Mazda celebrated its 20 th year as part of the Mazda UK dealership network. The family-run dealership organises annual fundraising events including a Christmas carol celebration at Chester Cathedral to raise additional vital funds, plus serving those in need at food banks.

article thumbnail

Car Dealerships: Top Industry Events and Shows in 2024 for Networking and Insights

Turbo Marketing Solutions

Each one is a hub of innovation where attendees can explore new automotive technologies and trends, gaining immense knowledge to drive their dealership forwards. These smaller shows provide a unique chance for dealerships to engage their local community, reveal new models, and boost their brand loyalty and sales.

article thumbnail

Admiral to set up UK motor finance approved dealership network – UPDATE

Motor Trader

International financial services group Admiral is recruiting a network of UK dealers to boost its car finance business in the UK. This story continues at Admiral to set up UK motor finance approved dealership network – UPDATE Or just read more coverage at Motor Trader

Finance 64