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“The way the Polestar brand is sold globally is now switching to a more active selling model, and that’s being interpreted in all markets across the world,” Mr Maynard said. ” “It also gives us that depth of experience and network they draw on as well, and a real opportunity as we launch into 2025.
Porsche’s sales in China dropped 29% during the first nine months of 2024. China was Porsche’s largest market for eight consecutive years before this decline. “Our key purpose out of optimization is to improve the overall network profitability, resulting in a multi-win situation (among Porsche, dealers and customers).”
Steve Hicks is appointed as Kia UKs marketing director, with Sanka De Silva taking on the role of sales director. Hicks, previously sales director for Kia UK, joined the business in 2017, leading all sales channels across retail and fleet, for new and used cars, in collaboration with the 190-strong dealer network.
Private EV sales slump has meant fewer people buying home wallboxes Major charging firms face uncertainty as ZEV mandate review brings potentially bleak p One of the UKs largest charger companies is facing a fight for its future, after the slowdown in EV take up wiped more than 10 million from its market value overnight.
North American dealers express concern over the viability of their network amid declining sales. This shift comes as the brand struggles to revive its North American dealer network, which has been severely impacted by sluggish sales. “We’ve got 110 dealers in our U.S.
Some 12,000 Polestars were sold in Q1 up from 6975 in the same period of 2024; one in four were sold in the UK There is a renaissance of retailers happening in the industryaccording to the boss of Polestar , who credits the firms recent increase in sales with having more physical retailers and people selling its cars.
Premium European automakers are shelling out millions of Euros to keep their dealers alive in a tough Chinese car market. BMW’s Q3 China sales slid 30 percent and its fancy Beijing Xingdebao 5S store was forced to close. Other high-end Western brands like Porsche have also watched China sales tank.
New vehicle sales in Australia will dip by about five per cent year-on-year in 2025, leading to increased competition between brands, shorter wait times and the return of more discounting, according to Toyota Australias top salesperson Sean Hanley. We then foresee a return to a more normal market environment. per cent market share.
These include a dedicated dealer network to supply sales, after sales and servicing for Kias PBV products. This new network will begin with around 45 centres, offering sales and after sales services, and grow to 60 by the end of next year.
Skywell UK has appointed Bob Davies Car Sales and Auto Capital as the main dealers for South Wales and North London, respectively. In addition to new vehicle sales, the dealers will serve as the Skywell authorised repairers, offering servicing, MOTs, repairs, genuine Skywell parts. This offer is available for a limited time.
Ford terminated more than 50 retail dealers in January as part of its restructuring of the network. Back in 2020 Ford announced that it was going to reduce its network of sales outlets in half over the next five years. Since then its market share in cars has fallen although it still market leader for light commercial vehicles.
Leapmotor has made its debut in the UK electric vehicle market with the launch of two new models: the T03 small electric vehicle and the C10 midsize SUV. There are currently over 40 sales outlets and this is set to double by year end. Leapmotor is being sold through Stellantis dealers.
China was Porsche’s largest single market in 2023 but now trails North America and Europe. Mercedes-Benz has also seen its sales in China fall considerably. Through the first half of this year, its sales plummeted 33% from 43,832 units to just 29,551. Economic woes in China have limited consumer spending on luxury goods.
This International Womens Day, the Women Automotive Network brought together industry leaders, Employee Resource Group (ERG) champions, and aspiring professionals to celebrate progress and drive meaningful change. Oxana Grishina, named Mentor of the Year at Women Automotive Network, emphasised that mentorship is not a one-way street.
Members of the automotive leaders’ organisation Automotive Fellowship International (AFI) have reformed into a new independent entity, the Automotive Leadership Network (ALN). The network is governed by Chatham House Rules. Members of the ALN include senior leaders from retailers, manufacturers and industry associates.
DS Automobiles’ Prestige Awards saw retailers receive awards for Retailer of the Year, Most Improved Retailer and the Prestige Award for Marketing. DS Swansea, FRF, was named Retailer of the Year and also awarded the Prestige Award for Marketing. Wilmoths Maidstone was named Most Improved Retailer.
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. It is understood the OEM, which accounts for almost a quarter of annual UK car sales, is looking to have all brands represented an individual group in large market areas.
It plans to launch two additional plug-in hybrids across European markets in 2025. Read: BYD Seal U DM-I Plug-In Hybrid SUV Brings China’s PHEV Tech To Europe China is still BYD’s biggest market by far, but the company has made it clear that global presence is the next step. Germany is one of the key target markets.
Despite total new car sales increasing 6% for the year to date, those to private buyers are down 11.8%, figures from the Society of Motor Manufacturers and Traders show. Jim Murray Jones, chief marketing officer at MotorEasy, told Autocar the company is benefiting from the ageing car fleet.
I would like to express my sincere thanks and gratitude to all of this years winners as well as our Partners across the network who are supporting the growth of the Hyundai brand in the UK. The awards are based on an assessment of New Car Sales, Aftersales Performance, Customer Experience, Retailer Profitability and Future Mobility.
Teslas Sales and Market Share Keep Falling in Europe This February. For the second month in a row, the companys car sales and market share have dropped, and its raising eyebrows across the electric vehicle (EV) industry. This marks two months in a row where Tesla has seen sales slide. this February. this February.
With senior roles in Mercedes-Benz UK, Volvo UK, Nio UK, and a Polestar global sales role, he has split his career 50/50 between OEM work and time as a dealer. Non-genuine agency brings the retailer far more into the sale of the car, gives them more responsibility and influence over the sale.
The company falls behind Toyota, Volkswagen Group, and Hyundai Motor Group in overall worldwide vehicle sales. These comments came after the first half of 2024 sales were down as much as 10 per cent and revenue over that period dropped 14 per cent. per cent market share. per cent market share.
The Leapmotor T03 and C10 electric vehicles go on sale today with T03 prices starting at 15,995, or 199 a month and 0% APR PCP finance deals. In the UK the brand currently has 44 Leapmotor retailers as part of the existing Stellantis network and this is expected to grow to 80 by the end of 2025.
We are honored to continue to support the Bohn family, this time in the sale of their Hyundai Genesis dealership, a transaction that, again, underscores the enduring strength of the auto retail market in the South, said Gabe Robleto, Senior Vice President, Sell-Side Advisory at Kerrigan Advisors. Bohn in 1924 in New Orleans.
Dacia had sold just over 1000 bi-fuel versions of the Duster and Sandero by the end of October LPG pump network in Britain is only a quarter of what it was at its peak Dacia CEO Denis le Vot is surprised that low-cost LPG fuel is not more popular in the UK as British buyers are "meant to be super pragmatic".
It’s a controversial issue given PHEVs had just begun experiencing a sales boom with several new vehicles hitting the market in recent months, while EV sales continue to trend downwards. Sales of PHEVs and EVs overseas prove there’s a healthy appetite among average buyers.
Mazda is one of Australias best-selling brands, but after a few setbacks, could 2025 be the year it finally beats its sales record? All of these enhancements combine to make BT-50 more compelling not only to retail customers but also for fleet, so it will have a valuable impact on our overall sales for the year.
Sales and marketing boss Marco Schubert said: This decision follows extensive discussions and aligns with the preferences of our customers and international dealer network. Audi models will continue to be identified by letters and numbers, with 'A'designating traditional cars and 'Q' signifying SUVs.
A record sales year and with more new products on the way, is BYD on track to topple market-leading Toyota in Australia by the end of the decade? Product wise, well close out the year with 20,000 sales. Australia is such a competitive market, right? So sales target wise, we will hit 20,000 units this year [2024].
Now, for those in the market, Tesla is making it a little bit easier to take that leap with a range of discounted vehicles. As of earlier this year, it appears it’s converted under 50,000 of those reservations to sales, though. Along with that, Tesla is throwing in free lifetime access to its Supercharger network.
Transitioning from a copywriter to a Chief Marketing Officer (CMO) is a significant career leap that many in the marketing field aspire to achieve. Understanding the Role of a CMO The CMO is responsible for overseeing all marketing activities within an organization, from brand management to customer engagement and digital advertising.
Solera cap hpi and RWA Automotive have launched a new actionable insight solution, dubbed Ignite Network Intelligence. It offers insights to optimise sales channels and network efficiency, whilst also assessing out-of-network pricing impacting residual values.
In the fast-paced and ever-evolving world of marketing, especially within the automotive industry, its imperative to measure your effectiveness in the field. But how do you truly know if youre excelling at marketing? A comprehensive evaluation involves scrutinizing various aspects of your marketing efforts.
In the fast-paced world of marketing, particularly within the automotive industry, there are countless lessons to be learned. The marketing landscape is always evolving, especially with the advent of new technologies and platforms. Each year brings fresh trends, tools, and strategies that can make or break your marketing efforts.
Japanese carmakers Honda and Nissan are reportedly looking to merge, amid rising electric vehicle (EV) sales from more affordable rivals. Sliding sales in China arent just impacting Nissan, with Honda reportedly suffering as well, albeit to a lesser extent. Across the same period, Honda delivered 13,007 vehicles.
2024 wasnt what many would define as a good year for Polestar in Australia, with the brand experiencing a 30 per cent drop in sales from the year prior despite adding two models to its lineup. Wed expected that the volume [of Polestar 2 sales] wouldnt match 2023 levels. There is no talk at the moment of price adjustments.
Torres has been with Nissan for over ten years, roles include leading marketing and sales finance in Nissan North America, CFO of Nissan Mexicana, and MD of Nissan importer business in Latin America. He will report to Mayra Gonzlez, divisional vice president for marketing and sales at Nissan Europe.
The conversation covered topics ranging from the systems engineering to its market impact, and it offered valuable insights into Nissans electrified line-up’s future direction. Lyons addressed these concerns directly, noting that Nissans cumulative sales of e-Power vehicles have already reached 1.5
Despite several options in the market, people only want the best, and they do not mind if they have to wait for it. This makes it difficult to win consumers in a competitive market. Begin with marketing tactics that can help your sales dealership. Email marketing can work as a staple in all commerce industries.
Geely will start selling cars under its own brand in Australia in 2025, but the Chinese automotive giant is already well and truly up and running in our market. Internally, we have a cross-brand collaboration framework that spans various facets of the entire business cycle, including resource management, product innovation, and market growth.
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In todays competitive market, car dealerships in Van Voorhis, Pennsylvania, and the surrounding areas of Fayette County have a pivotal opportunity to enhance their presence through digital marketing initiatives. This involves: Keyword Research: Identifying high-value, local keywords tailored to the Van Voorhis community.
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