Auto Retail Network
@AutoRetail
The premier strategy & best practice source for senior execs in UK auto retailing. Informed publications, reports & events.
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British vehicle production slips -11.8% to 905,233 units in 2024, with cars down to 779,584, as industry continues transformation to EV production, says @SMMT. ow.ly/Jm3K50UQ0YM
EU officials are “shaping” options for an incentive programme to help the European car industry. The plan is to use pan-EU subsidies to boost demand for EVs. A complication of the scheme is designing it to conform with WTO rules while avoiding subsidies flowing to Chinese OEMs.
Eight steps to help retailers drive up those EV sales. How a strategic shift can help to maximise market potential in 2025, according to Fraser Brown, founder and managing director, MotorVise…read more in #ARProfit
Record rise in UK businesses in financial distress ow.ly/uFYq50UOprT
Businesses shed jobs over the past two months at one of the fastest rates since the 2009 financial crisis. Optimism has also fallen to the lowest level since late 2022, shortly after Liz Truss’s mini-budget. Payrolls also fell at their fastest pace since November 2020.
In a new book, Dr Rebecca Homkes, a high-growth strategy specialist and executive advisor, outlines how retailers can successfully lead their teams amid today’s challenges and uncertainty. Read more extracts in #ARBulletin
The February 2025 issue of the award-winning Auto Retail Profit is out now and it’s packed full of practical advice and useful features to help your business. #ARProfit
How to achieve 80% EV by 2030, Simon Vessey, partner of Arthur D.Little’s Global Automotive Practice, says focus on a “threecycle” migration approach to transition customers from ICE cars into EVs by the early 2030s. Read the full story in #ARBulletin
VW Group has confirmed it's returning to the franchised model for retail EV sales from VW, VW Commercial Vehicles, Audi and Skoda. The switch will take place on...read the full story here: auto-retail.co.uk/agenda/vw-aban…
Go back to the future with used car PCP finance, says Debbie McKay, commercial director motor sales, MotoNovo Finance...read more in #AR Profit ow.ly/oQ3O50UKQgw
Five ways to smash social media marketing autoretailprofit.co.uk/issue-115/auto…
News alert - Chancellor Rachel Reeves has intervened to protect lenders exposed to the legal cases surrounding car finance mis-selling...Read the full story here: ow.ly/5Lm450UJXP6
Toyota and Lexus retailer Jemca has reported a £4.7m loss before tax for the year ended March 2024, despite turnover increasing from £314m to £345m. In 2023, it reported a £529k profit. ow.ly/NauT50UJXkN
City investors are concerned about investors being deterred by the UK’s approach to rules and regulation as a result of the ongoing car finance commission investigation. Some say it is becoming “difficult to operate” as a result. ow.ly/sCmt50UJi0f
Who’s Where in Auto Retail 2025 has been extensively revised and updated. Everything you expect is still in the report including a Market Trends section focusing on retailer acquisitions, multi-franchising, property and expert opinion. Order a copy here bit.ly/3YHSO00
Top 11 tips to optimise auto auction profits, according to Alex Wright, MD Shoreham Vehicle Auctions. Read more in #ARProfit.
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