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” “It also gives us that depth of experience and network they draw on as well, and a real opportunity as we launch into 2025. Polestar 4 While Polestar sales volumes in Australia are down 21.63 That will be all up and running on January 1.” per cent last month (130 units).
Porsche’s sales in China dropped 29% during the first nine months of 2024. The carmaker isn’t just consolidating its network of dealers but will also optimize its local investments, abandoning areas where it can’t achieve long-term profitability and doubling down on regions that perform well, including Shanghai and Beijing.
Some Volvo dealers will begin selling Polestar vehicles in a bid to boost lackluster sales. The line between Volvo and Polestar is getting even blurrier as the electric-only brand is looking to tap into Volvo’s expansive dealership network. Amid this background, Polestar sales fell 15% last year to 44,851 units.
Scout has decided against using VW’s huge network of dealers to sell its models. Scout Motors infuriated VW dealers across the United States last week when it confirmed that the upcoming Terra and Traveler will be available via a direct-sale model rather than through existing dealerships. They have potentially some control.
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.
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. Premium European automakers are shelling out millions of Euros to keep their dealers alive in a tough Chinese car market.
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.
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. Were expecting another strong year of sales above 220,000 vehicles, he said.
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.
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.
There are currently over 40 sales outlets and this is set to double by year end. This story continues at Leapmotor to double network size by year-end Or just read more coverage at Motor Trader Leapmotor is being sold through Stellantis dealers. Arnold Clark is representing Leapmotor in Glasgow, Edinburgh, Perth and Aberdeen.
Mercedes-Benz has also seen its sales in China fall considerably. Porsche will reduce the size of its dealership network in China due to declining sales and in a bid to slash costs, soon after revealing its third-quarter global profits had declined 41%. When also accounting for Q3, Porsche’s sales were down 29% in China.
Hendy Group is aiming to drum up sales of double-cab pick-ups ahead of the increase in Benefit-In-Kind (BIK) charges takes effect on 6 April. Other manufacturers, including Isuzu, have moved to boost sales of the impacted vehicles ahead of the tax hike. It only applies if an employee also uses the vehicle privately, as many users do.
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. Light commercial vehicle sales have been growing in importance for the network and Ford.
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.
Tesla Cybertruck sales appear to be slowing, but CEO Elon Musk has found a humanitarian use for the vehicles as wildfires continue to rage across California. “Apologies to those expecting Cybertruck deliveries in California over the next few days,” Mr Musk posted on his social network X yesterday.
Polestar follows up the 3 SUV with a coupe-like 4 with seats for five It’s fast but flappable: the 4 has scalding electric power, but the ride needs fine-tuning With Android firmware and wireless Apple CarPlay—and ambient lighting themed on the solar system—it’s a tech-forward statement Will a small salesnetwork and.
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.
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.
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.
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.
International financial services group Admiral is recruiting a network of UK dealers to boost its car finance business in the UK. It is looking for sales, underwriting, product, technology and operations staff. Our vision is to build the best Car Finance business in the UK.
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 Awards celebrates performance across the network of 190 Kia dealerships in the UK. Paul Philpott, President and CEO of Kia UK, said: In 2024, Kia experienced record sales which is testament to the exceptional commitment of our dealers to our customers. The winner of the After Sales Excellence Award was Gravells (Hereford).
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.
Deepal is expanding its retail network in Australia, after launching late in 2024 with just four dealers across two cities. Deepal also promises to continue expanding its network throughout the first quarter of 2025, with more Queensland locations coming along with one in the Australian Capital Territory.
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. in February last year to about 9.8%
Mazda has recognised the top performing dealerships, across the sales and aftersales departments in its annual All-Stars awards. Now in its sixth year, the awards celebrate dealerships that placed within the top 25 in the 2024 Mazda Sales and Aftersales leagues respectively. Mazda has 119 UK dealers.
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. Meanwhile, of the 34 million cars on the roads, 16 million – almost one in two – are more than a decade old. However, the ageing car parc is not good news for everyone.
According to senior vice president of product planning and mobility strategy for Hyundai Motor North America, Olabisi Boyle, the Korean brand isn’t worried about sales fluctuations and understands the significance of the journey to electrification. ” Read: EV Sales Surge To A Record 1.2
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. Home to over 1.2
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.
The sale includes 33 dealerships, 52 franchises, and three collision centers in two states. Herb Chambers employs more than 2,200 people through his expansive dealer network. Speaking with Boston Globe , Chambers said Asbury first approached him about a potential sale a year ago. ” Herb Chambers (center)
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. So sales target wise, we will hit 20,000 units this year [2024]. Australia is such a competitive market, right?
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".
Before being named an Autocar Driver of Change, Bergmeier was named an Exceptional Leader by JLRs Race, Ethnicity and Cultural Heritage Network for her efforts to improve the recruitment, development and progression of black, African and Caribbean women within JLR.
Daryl Chadwick, sales executive at RRG Toyota Bury, celebrated over 31 years of service at RRG. Chadwick has sold over 8,000 vehicles which makes him the top-performing sales executive within the Toyota network. He has been awarded various accolades throughout his career. The team at RRG Toyota Bury were also present.
Read: Ford Gives Dealers Up To $22,500 To Push F-150 Lightning Sales According to Autonews , Ford’s plan was to store unsold EVs at 21 RRCs across the States. In other words, the whole sales experience became less flexible and more cumbersome, not exactly a win for the customer. That being said, we listen to our dealers.
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.
Nissan GB has appointed Ed Jones as its new sales director, effective 16 June. Nissan was the only brand with two models in the top five best-sellers in 2024 and, with increased market share and double-digit sales growth, its a brand with real momentum in 2025. He said: “Im delighted to be returning at such an exciting time.
Vehicles will be offered across BCAs remarketing network via dedicated sections within BCAs fleet and finance sales with specialist vehicles offered through LCV, Motorbike and Top Car sales. This story continues at Santander signs up to BCA online sales programme Or just read more coverage at Motor Trader
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