Motor Trader

AUGUST 19, 2024

The group, which has a £550m turnover, has 25 sites and employs more than 800 people, making it the largest EOT transaction in the franchised motor retail sector. For franchised motor retailers, they will also need to consider the views of their manufacturing partners.

Retail 105

Retail Sales Manufacturing Term 105

Carscoops

MARCH 20, 2024

Shell, the world’s second-largest fossil fuel explorer, currently operates over 46,000 retail locations globally, predominantly gas stations. ” The company did not specify where the retail locations it shuts down are located. ” The company did not specify where the retail locations it shuts down are located. .

Networking 116

Networking Retail Customer Term 116

AutoSuccessOnline

FEBRUARY 28, 2025

This shift in messaging resonated with cost-conscious buyers who are increasingly aware of the long-term financial implications of vehicle ownership responsibilities. This may involve reassessing reinsurance programs, exploring new profit participation structures or adjusting long-term investment strategies.

Retail 40

Retail Repairing Finance Insurance 40

Auto Blog

MAY 15, 2024

Filed under: Earnings/Financials , Green , Tesla , Electric Continue reading Tesla board urges retail investors to back Elon Musk's $56 billion pay deal Tesla board urges retail investors to back Elon Musk's $56 billion pay deal originally appeared on Autoblog on Wed, 15 May 2024 09:27:00 EDT. Please see our terms for use of feeds.

Retail 101

Retail Deal Term 101

Auto Blog

FEBRUARY 14, 2024

auto retailers report falling new vehicle margins U.S. auto retailers report falling new vehicle margins originally appeared on Autoblog on Wed, 14 Feb 2024 17:38:00 EST. Please see our terms for use of feeds. Filed under: Earnings/Financials , Car Buying , Car Dealers Continue reading U.S. Permalink | Email this | Comments

Retail 95

Retail Term 95

Motor Trader

JANUARY 14, 2025

Dealer Auctions Retail Margin Monitor has revealed Ford Kuga offered the biggest opportunity for profit in 2024. In this annual round-up and going forward the platform has updated its profit margin data set and is splitting it into two brackets: vehicles with a retail value of 09,999 and over 10,000.

Retail 64

Retail Term Sales 64

Motor Trader

MAY 9, 2024

Porsche Retail, the factory-owned dealer group, is to open a new Porsche Centre in Guildford towards the end of 2024. Porsche Retail managing director Adam Flint said the building programme was entering the next phase with staff working on site despite the building works. “As on turnover ahead 31.7% to £421.7m.

Retail 86

Retail Term Management Sales 86

Drive.com

JANUARY 20, 2025

Disclaimer: Unless stated otherwise, the prices listed in this article are the recommended retail price and do not include on-road costs. Pricing on the HiLux starts from the entry-level HiLux Workmate Single Cab priced from $27,730 and tops out at the HiLux GR Sport Diesel dual cab, which carries a $74,310 retail price tag.

Retail 105

Retail Customer Networking Sales 105

Auto Remarketing

MARCH 18, 2024

As the world gradually emerges from the shadows of COVID-19, a significant shift in the car retail landscape is becoming increasingly apparent, particularly in the electric vehicle sector. Dealerships that embrace this change are poised to thrive in the new era of automotive retailing.

Retail 98

Retail Supply Chain Manufacturing Consulting 98

Autocar

FEBRUARY 22, 2024

Genesis has Studio spaces in Westfield London, Battersea and Edinburgh Korean premium brand appoints six retail partners nationwide as it looks to boost market share in UK Genesis is aiming to dramatically increase its visibility and market footprint in the UK with the appointment of new retail partners across England, Scotland and Wales.

Retail 98

Retail Networking Marketing Customer 98

AutoSuccessOnline

FEBRUARY 3, 2025

Yes, you are individuals who compete against each other and thats a good thing, Castriota said to a room of thousands of dealers, managers and automotive retail industry leaders in New Orleans. auto retail industry and franchised dealer network. But you are also part of something bigger the U.S.

Retail 102

Retail Networking Manufacturing Dealerships 102

Carscoops

OCTOBER 30, 2024

.” “This partnership would look to build on McLaren’s highly successful track record in elite motorsport and grow one of the world’s most prestigious range of high-performance vehicles, with an expanding network of over 110 retailers in 30 global regions,” a statement added.

Networking 116

Networking Retail Deal Technology 116

Drive.com

MARCH 1, 2024

A Tesla Cybertruck has been sold at an online auction for double its retail price, prompting some customers to question its legitimacy due to the electric auto giant’s controversial terms and conditions attached to the vehicle. The post Used Tesla Cybertruck sells for double its retail price at auction appeared first on Drive.

Retail 87

Retail Term Customer Dealerships 87

Drive.com

AUGUST 14, 2024

We’ve got a lot of experience, a lot of [retail] footprints, especially in the EV area and luxury and premium space. We’re very confident that [our dealer partnership] will be a key differentiator in terms of how we compare with other brands,” Saltapidas told media. We are partnering with strong franchise dealer networks out there.

Retail 81

Retail Networking Manufacturing Term 81

Motor Trader

MARCH 12, 2025

The MINI Hatch had the highest profit potential in the sub -10,000 retail bracket in February, with an average retail margin of 2,050, according to Dealer Auction. The Nissan Qashqai (1,750) was the fastest seller, retailing in 28 days on average. The Peugeot 2008 (1,925) was fourth in the sub -10,000 retail bracket.

Retail 52

Retail Term Buyer 52

Motor Trader

MARCH 10, 2025

“In a challenging retail environment successfully executed sales processes deliver incremental gains in terms of sales and customer satisfaction,” said Addley. In addition, contacting buyers after purchase will make the customer feel valued and ensure that their first weeks with the vehicle are going smoothly.

Customer 64

Customer Retail Management Buyer 64

Drive.com

JULY 8, 2024

Toyota is warning new-car buyers “not to pay over retail” for a V8 LandCruiser 70 Series over concerns dealers may try to inflate prices as the last examples with the iconic engine get snapped up. My advice to anyone waiting is do not pay over retail. But I do not want people thinking they need to run out and pay over retail.

Retail 85

Retail Buyer Term Customer 85

Autocar

JANUARY 16, 2025

He added that the new model will be everything our customers expect from us, both in terms of design and performance. The firm is also speeding up its retail expansion, with the goal to increase its number of showrooms ('Spaces')by 75% by the end of next year, expanding to 130 locations in Europe and 57 in North America.

Manufacturing 116

Manufacturing Retail Development Sales 116

Motor Trader

FEBRUARY 20, 2025

The average sold price rose to 16,781, the average retail margin rose to 3,052, and ad views rose 13,182 to 21,500, signaling a strong start to the year for AFVs. In terms of overall sales on Dealer Auction, hybrids account for 6.6% The key will be seeing younger and lower-mileage vehicles coming through.

Retail 59

Retail Term Customer Sales 59

Dealer World

JULY 29, 2024

The survey offers a candid, on-the-ground view of auto retail’s opportunities and challenges in the near and medium term,” said Erin Kerrigan, Founder and Managing Director of Kerrigan Advisors. As with 2023, a slim minority project dealership earnings to increase in the near-term.

Retail 92

Retail Sales Sales Goals Modification 92

Autocar

AUGUST 7, 2024

Values of used EVs have halved since September 2022, according to Cap HPI The retail price of a three-year-old EV is now 8.5% According to Cap HPI, the retail price of a three-year-old electric car is now 8.5% lower than that for an equivalent petrol or diesel. For four-year-old cars, the gulf widens to 14%.

Retail 142

Retail Finance Manufacturing Term 142

CarExpert

NOVEMBER 22, 2024

The 250 Series has a lot to live up to in terms of sales volume, as the now out-of-stock 150 Series it replaces had dominated the large SUV segment in Australia for years prior to its departure. Deliveries of the new fifth-generation Prado commenced earlier this month and the Japanese carmaker says it holds more than 17,000 orders.

Banking 98

Banking Retail Deal Sales 98

Autocar

DECEMBER 10, 2024

So when you come with wildly overspecced cars, there is a lot of money that you put on the market for nothing," in terms of all that equipment having a cost. "It is important to understand the philosophy of the market and what the market needs," he said, in relation to Chinese cars being sold in Europe. "So

Buyer 116

Buyer Networking Retail Manufacturing 116

Call Revu

FEBRUARY 28, 2025

Not surprisingly, only 37% of auto retailers are confident in the current protection, which is a 21% decrease from 2021. In other words, things seem to be trending in the wrong direction in terms of confidence in securing data, reliable communications, and scalable operations with security as a foundation.

Dealerships 61

Dealerships Retail Banking Finance 61

AutoSuccessOnline

JANUARY 22, 2025

Upstart announced the largest and most significant set of product enhancements to the in-store and financing solutions on its Auto Retail platform. Offers with lower APRs or better terms are proactively highlighted so finance managers pick the right offer to close the deal. Visit Upstart at Booths 2119 and 2127 to see a demonstration.

Finance 52

Finance Down Payment Retail APR 52

Autocar

DECEMBER 15, 2024

Learn more about CUPRAs 100-day Love Me or Leave Me offer * Offer valid on Born stock orders placed after 17/10/24, not available on Retail Contract Hire purchases. Available to selected retail customers, 18+ only. Customer notification to CUPRA of intention to return vehicle under offer required 80 - 100 days from delivery.

Retail 98

Retail Customer Term Sales 98

Autocar

MARCH 5, 2025

That made February the fifth consecutive month in which the UKs new car market slumped although there were some signs of recovery, as retail sales grew for the first time since August last year. Butlong-term, EV consumers need carrots, not ever more sticks. A total of 29,947 cars went to private buyers, up 4.6%

Sales 52

Sales Retail Marketing Manufacturing 52

AutoSuccessOnline

FEBRUARY 17, 2025

But theyre a short-term fix for a bigger issue self-reliance. Focus on Community: Building local relationships pays off in the long term. Remember, dealerships exist to serve retail consumers. Fee Frenzy: Between buy fees, transportation and reconditioning, profits were being eaten alive.

Management 90

Management Dealerships Repairing Retail 90

Autocar

MARCH 4, 2025

While some models are on sale in other global markets, Jaguar no longer has a new car retail presence in the UK. Across the board, it wasnt the time for Jaguar to take a little tentative step, which is probably what caught some people off guard in terms of it being a really big step for Jaguar. Were quite a long way through it.

Retail 98

Retail Management Customer Term 98

Shawn Ryder

MARCH 12, 2025

In a world where marketing strategy often prioritizes short-term sales gains, Patagonia stands out as a beacon of innovation through its unique approach to marketing. Contrary to conventional wisdom, the data suggests that prioritizing customer education can indeed drive sales in the long term.

Supply Chain 59

Supply Chain Marketing Sales Repairing 59

AutoSuccessOnline

JANUARY 20, 2025

Compliance isnt just about checking a box its about building a foundation of trust and transparency that supports long-term success, said Robert Newman, director of performance management and an auto retail compliance specialist at Cox Automotive.

Automotive 52

Automotive Retail Finance Term 52

Motor Trader

JUNE 10, 2024

In second place for most improved in terms of profitability was Group 1 in the UK which increased profits by £16.8m CEM Day was in third, upping profits by £9m while factory owned Porsche Retail Group delivered a £9m improvement in profits. year on year. In fifth place was TC Harrison Group, which improved its profits by £5.2m. “And

Retail 111

Retail Deal Automotive Term 111

Motor Trader

APRIL 25, 2024

Inchcape turned in a 5% increase in turnover to £2.3bn in the first quarter following hard on its decision earlier this month to sell its UK retail business to Group 1 for £346m. “We recently announced an agreement to divest our UK Retail business. “We recently announced an agreement to divest our UK Retail business.

Retail 111

Retail Term Marketing 111

Carscoops

JUNE 13, 2024

Infiniti told retailers that the target demographic for its new SUV flagship comprises individuals earning over $250,000 annually with a net worth of at least $1 million. ” Amid the slowdown in EV adoption, Infiniti is “adjusting” its strategy while maintaining a long-term commitment to electrification. ”

Customer 116

Customer Retail Networking Demographic 116

AutoSuccessOnline

JANUARY 16, 2025

The National Automobile Dealers Association (NADA) Show, which will be held in New Orleans in January 2025, is one of the most impactful events in the automotive retail sector. Dealers can negotiate better terms, secure exclusive dealership rights or collaborate on co-branded promotions. Benefits of Dealerships Attending NADA 1.

Dealerships 52

Dealerships Networking Retail Technology 52

Carscoops

MAY 4, 2024

Used car retail giant CarMax reports that searches for EVs on its website grew by 177 percent between 2021 and 2024. In terms of what shoppers are actually buying, it won’t surprise you to learn that Tesla is well represented at the top of the used EV sales charts. In 2024, the average price is $22,000 to $46,000.

Retail 122

Retail Sales Deal Buyer 122

Motor Trader

JULY 30, 2024

It announced its results as it confirmed the sale of its UK retail arm to Group 1 Automotive for £346m in a deal expected to complete in Q3. Inchcape has focusing on distribution for years, selling off a spate of retail businesses.

Retail 105

Retail Deal Automotive Term 105