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Drive Motor Retail has refurbished its MG dealership in Darlington, doubling its size to showcase up to eight vehicles. The renovation project represents a major step forward in Drive Motor Retail’s expansion strategy, featuring modern facilities and an improved customer environment.
The first retail 2025 Chevrolet Corvette ZR1 will be sold at Barrett-Jackson's upcoming Scottsdale auction All proceeds from the first ZR1's sale will benefit the American Red Cross Customer deliveries for the ZR1 are scheduled to start in early 2025 With the arrival of the 2025 Chevrolet Corvette ZR1and its mid-engine layout and screaming.
Ford terminated more than 50 retail dealers in January as part of its restructuring of the network. This story continues at Ford terminates over 50 retailer dealers at start of 2025 Or just read more coverage at Motor Trader All but three of the dealers have retained their authorised repairer status, Ford told Motor Trader.
Chinese retail sales of the selection of vehicles included in this update are up a modest 4.5% BSCB is the only non-Chinese medium to cover both wholesales (ex-factory shipments) and retail sales data for China so you can get the most complete picture of the largest new vehicle market in the world. in 2023 to 20,742,652 units.
Carmakers need to get their head around that retail is important to deliver on customer experience. Thats the view of Andy Goss, Vertu chair in Vision 2040, a look at the next 5 years from recruitment consultancy and Ennis & Co.
Auto industry honorees were recognized at Cherokee Media Group’s Used Car Week RENTON, WA – December 3, 2024 – Car Pros Automotive Group, a leading automotive sales and service group, announced today that CFO Shirley Jones was honored with a 2024 “Women in Retail” award from Cherokee Media Group.
In an era where online retail is reshaping the auto industry, independent auto dealers face a significant challenge. This post […] The post Building Customer Loyalty in the Age of Online Retail: Strategies for Auto Dealers in 2024 appeared first on Get My Auto.
Sytner Sheffield was crowned BMW Retailer of the Year for 2024 at BMW Group UKs Retailer of the Year 2025 awards, hosted by comedian Jimmy Car. Sytner Sheffield took home the prestigious BMW Retailer of the Year while Sytner Coventry took home the Electric win. Grassicks Garage also took home a number of awards on the night.
Genesis Motors Australia is set to open its first agency-model retail site in mid-2025, with a brand-new showroom in Sydneys northwest. Located on Victoria Avenue in Castle Hill, the upcoming Genesis Castle Hill Showcase marks a major milestone in the brands Australian expansion and introduces a new chapter in its retail approach.
BMW performed well in both the brand and model charts collated by Dealer Auctions Retail Margin Monitor for March. The brand headed up the top 10 makes for models with a retail value of under 10,000 for the third month running, with an average retail margin of 2,200. It had an average retail margin of 1,900.
Jetour breaks its monthly volume record in August… We can share with you today All brands and All models retail sales data for China in August. China retail August 2024 – brands: Pos Brand Aug-24 /23 Jul 2024 /23 Pos Pos 1 BYD 359,706 + 69.1% Sales for the selection of vehicles included in this report grow 4.6%
There was some year-over-year easing in retail used-car prices last month, according to the latest CARFAX Used Car Index report , which showed declines in six of the seven segments included in its analysis. So far in February, used-vehicle retail prices have exhibited strength. Is now the right time for used-car shoppers to strike?
Over two-thirds (68%) of car owners want retailers to be active in communicating upcoming service and MOT due dates, according to Marketing Deliverys survey of 1,000 UK car owners. This story continues at More than two-thirds of motorists demand proactive contact from retailers Or just read more coverage at Motor Trader
Ewens of Cornhill was amongst winners of this years Ysh recognition scheme which celebrates top performing retailers based on customer survey feedback. “The recognition scheme continues to connect and inspire retailers, and this is reflective in our commitment to delivering exceptional customer satisfaction.
Chinese retail sales of the selection of vehicles included in this update rally back up 68% year-on-year in January to 2,081,138 units. BSCB is the only non-Chinese medium to cover both wholesales (ex-factory shipments) and retail sales data for China so you can get the most complete picture of the largest new vehicle market in the world.
Current geopolitical challenges and mandates aside, automotive retail is constantly evolving, and is impacted by many factors. We may not have a crystal ball that lets us see the future of automotive retail, but we can gain valuable insights from the people that live and breathe it every day. confidence rating on a 10-point scale.
As the first quarter of 2025 ended, all was calm for used-vehicle retail prices. The post Report shows Q1 used-car retail prices calm before a potential storm appeared first on Auto Remarketing. But, Cars Commerce reported in its Q1 2025 Auto Market Review , that might have been the calm before the storm.
By delving into emerging trends, challenges, and regulatory considerations, the report highlights AI's significant impact on the financial sector and their auto retail partners, and outlines a path toward a more responsible and innovative future.
Bentley Motors celebrated its 17-strong UK retailer network at its annual Scorecard Awards, a celebration of sales, aftersales and marketing achievements. Crowned Overall Retailer of the Year, Bentley Leeds picked up three awards on the night.
With electric vehicles (EVs) poised to account for up to 25% of new car purchases in 2025, […] The post The Future of Automotive Retail appeared first on Get My Auto. EVs, Autonomy, and Omnichannel Success The automotive industry is undergoing a transformation that is reshaping the way vehicles are manufactured, sold, and experienced.
With a focus on innovation and real-time customer experiences, the company aims to reshape the future of automotive retailing. A Mission to Redefine the Retail Experience AiAutos mission is to equip dealerships with tools that enhance efficiency, improve customer satisfaction and create seamless retail experiences.
Sure, technology is rapidly advancing the automotive retail and lending industries, but this evolution has also brought about new challenges in the areas of cybersecurity. The ransomware event of the summer of 2024 made many headlines, and since then the entire industry is taking a closer look at digital security.
The automotive retail software provider CDK Global has renewed its agreement with Great Lakes Auto Group. Automotive Retail Software Provider Powers Dealership Innovation Great Lakes Auto Group will also adopt CDK Network Solutions. The post Automotive Retail Software Provider CDK Renews Key Deal appeared first on AutoSuccessOnline.
While price confidence among retailers is growing, the market remains dynamic, particularly with the influx of used EVs. Retailers who leverage real-time data and advanced pricing strategies, pricing their cars retail back, will be best positioned to optimize margins and maintain a competitive edge in the months ahead.
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.
The change should nearly double the number of retailers in Europe and North America. In North America, there should be an additional 21 Polestar retailers. While additional retailers should help to spur sales, it could lead to awkward comparisons as Polestar and Volvo have a lot in common.
The financial burden of such turnover is considerable, with the cost of a bad hire in auto retail sitting at over $50,000 when factoring in lost productivity, rehiring and team morale. This isn’t just an auto retail phenomenon. clocking in at over $13 billion annually.
A new price war in the country has led to unsustainable heavy discounting that’s putting retailers into the red. European carmakers have been making bank in China for years, but now the profit stream has turned to a trickle, and no one knows this better than the retailers struggling to shift metal.
ViHUB enables automotive retailers to pool vehicle data, automatically populate online marketplaces and manage stock with up-to-date inventory details. Retailers can very quickly understand pricing, desirability and potential margin to make the trade purchase process far more streamlined, efficient and cost effective.
AutoBi provides business intelligence tools for car retailers and OEMs. Sharman said: “The AutoBI team are excited to become part of Bumper and support its growth in the UK and Europe as the leading finance platform for car retailers. Bumper has completed its first acquisition, purchasing business intelligence tools company AutoBI.
In automotive retail, where costs are escalating, operational streamlining is imperative. One of the biggest impediments to efficient technology adoption in automotive retail is the persistence of siloed operations. In automotive retail, AI can transform customer interactions.
Understanding the Growing Relevance of Artificial Intelligence in Modern Automotive Retail The automotive retail landscape is witnessing swift and radical changes, with artificial intelligence (AI) at the center of many transformative strategies.
As for retail sales, they are down -7.6% Retail-wise, Toyota (-11.4%), Daihatsu (-10.5%) and Honda (-16.3%) all underperform but still account for 62.6% 36 30 Indonesia October 2024 – retail sales: Pos Brand Oct-24 % /23 Sep 2024 % /23 Pos FY23 1 Toyota 24,820 33.8% – 11.4% to 73,443 for the month and – 11.5%
Cadillac on Thursday said it will auction off the first retail Escalade IQ for charity. Reservations for Cadillac's highly anticipated 2025 Escalade IQ electric full-size SUV can already be made but anyone hoping to purchase the first example off line, the one bearing a VIN ending in 001, will have to bid on it at an upcoming auction.
It's been more than two years since Chevrolet first revealed the 2024 Silverado EV, but retail customers are finally able to order the full-size electric truck in time for delivery this summer. The first version on offer is a Silverado EV First-Edition RST, which Chevy on Wednesday announced with a price tag of $96,495, including a $1,995.
Speaking with media at the local launch of the new Polestar 4 mid-sized SUV, managing director Scott Maynard said the EV specialist will open seven new sites around the country in collaboration with five different retail partners. ” 100s of new car deals are available through CarExpert right now. .” Browse now.
It’s been driven just 84 km (52 miles) and has a €255,998 (~$266,300) retail price in France. The auction also includes a 2024 Levante Modena Ultima with 42 km (26 miles) on the clock and a retail price of over €157,000 (~$163,400). However, bidding will open at just €80,000 (~$83,200).
Located opposite the John Clark Volvo & Mini dealerships, this location is the first within the Volkswagen UK network to introduce a multi-brand retail concept. Working in a facility of this calibre is a privilege, and we look forward to welcoming customers into this new retail space.
A new report claims retailers could bank thousands of dollars on every 2024 / 2025 Charger Daytona they sell, and that’s before the inevitable markups enter the conversation. Markups could balloon that figure – one dealer told reporters Daytonas would sell for at least $10k over list price. For dealerships, it’s a windfall.
We’ve seen retailers offering up to $21k off some new R/T and Scat Pack models. A look at dealer ads online shows some retailers are offering almost $21k off one of the new EVs. Dodge dealers are offering huge discounts versus MSRP on 2024 Charger Daytona EVs.
The Indonesian wholesales car market edges down -4% year-on-year in 2023 to 1,005,802 units, while retail sales are down -1.5% Retail-wise, Toyota (-1.2%) matches the market to 32.6% The Toyota Kijang Innova is the best-seller in Indonesia for the first time since 2005. Discover 45 years of Indonesian Historical Data here. to 998,059.
The retail automotive industry has experienced considerable changes in recent years, bringing a host of new people into the industry and dealerships. However, one enduring truth remains: our success is rooted in mastering the basics.
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