Tag: car dealers

Potential “charging crisis” for remarketing companies, says VRA

A potential “charging crisis” could soon emerge among vehicle remarketing companies as electric vehicles start to make their way onto the used market in larger numbers, says the Vehicle Remarketing Association. The industry body, which represents businesses that handle, sell, inspect, transport or manage more than 1.5 million used cars and vans every year, points

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car mechanics

Car dealers struggle with carmakers’ ‘artificial’ sales targets

Franchised dealers expect 2015 to be a more challenging trading period than 2014, when the new car market continued to grow strongly and used car values remained robust, leading to strong dealer profitability. Delegates at a recent AM Round Table, held in conjunction with Total Lubricants, reported that consumer demand for new cars had been

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car mechanics

Car dealers making more money in the used car deal, says Manheim

At auctions dealers are paying less for ex-fleet cars yet making more on their part-exchanges, according to information from Manheim, leaving them more margin in the used car sale since the recession. The average proportion of new price earned by car dealer part-exchanges has risen from 16% in January 2008 to 20% in February 2015.

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car mechanics

Does manufacturer dominance threaten the car dealer’s brand?

Vehicle manufacturers, particularly in the premium and near-premium market segments, are trying to exert ever more control over their franchised networks in an oft-stated aim of achieving nationwide consistency for consumers. But for some motor retail investors, this could raise concerns of overbearing carmakers putting the franchisee’s own brand differentiation under threat. As one dealer

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