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Hedin hits the acquisition trail in Europe

Hedin Mobility, the Swedish company headed by Anders Hedin (pictured), has expanded again with the purchase through a subsidiary of BMW and MINI dealer group Dubbelsteyn and its dealerships near Rotterdam. Hedin has been on the acquisition trail. Last year it bought Torpedo Gruppe’s 21 dealerships in Germany, representing smart, Hyundai, and Land Rover and the Renova BMW and MINI ...

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Market for used BEVs is ‘patchy and inconsistent’

Used car sales have remained healthy in March within an overall upbeat and stable retail market place, according to cap hpi. But it warned that the retail market for used EVs “still remains patchy and inconsistent” with volumes on the increase and supply outstripping demand. “Many retailers continue to be reluctant in buying and stocking BEV’s, which can be hard ...

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Auto Trader rolls out omnichannel solution for dealers

Auto Trader’s omnichannel solution, Deal Builder, is now available to all FCA authorised used car dealers to trial in order to provide consumers with a seamless online-offline retailing experience. Dealers can manage deals through their Auto Trader Portal account. Deal Builder will eventually be incorporated into Auto Trader’s API solution, Auto Trader Connect, so dealers can manage deals in their ...

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Stoner Motor Company to represent Omoda and Jaecoo in Gillingham

Stoner Motor Company is taking on the Omoda and Jaecoo franchises at the group’s Gillingham location. Stoner already represents Suzuki, MG, Hyundai and Maxus. Omoda has already recruited dealer groups Endeavour Automotive, Listers, Peter Vardy, Chapelhouse, Arnold Clark and Greenhouse to its dealer network as it prepares for the launch of the 5 model. “Really excited to announce that Omoda ...

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LSH Auto opens BYD West London showroom

LSH Auto will officially open its fourth BYD store, which will be located on the ground floor in the Atrium in Westfield London (White City), today. The dealer has opened BYD stores in Stockport, Macclesfield and Tamworth in the past 12 months. This is its fourth BYD store and LSH Auto’s first showroom to open in the capital. Vaughan Blackman, ...

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BLOG Shifting to a transparent motor finance model

The Financial Conduct Authority (FCA) investigation into the sale of car finance has understandably garnered attention from the public regarding market practices. A significant area of concern for the investigation is a lack of transparency in disclosing interest rates and commission structures. There are existing solutions and services available, which can improve the customer experience and provide increased transparency. Providing ...

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Dealer bidding increases 48% at Q1 Carwow auctions

Carwow‘s online daily auctions saw significant growth during Q1 of 2024, including a 48% rise in the number of dealers bidding and a 44% increase in the number of dealers buying. Dealer profitability was also aided by lower buyer fees. Average sale price on Carwow auctions in Q1 were below CAP Clean for the fourth consecutive quarter. Since 2021, Carwow ...

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Busseys in Norfolk celebrates 100 years as Ford dealer

Busseys in Norfolk is celebrating 100 years as a Ford dealer in 2024. The occasion was marked with Lisa Brankin, chair and managing director of Ford Britain and Ireland, visiting the site. Brankin met David and Paul Bussey (pictured) and their wider team to recognise a century of association with Ford and serving Norfolk customers. The visit was broadcast across ...

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TrustFord to open dealership in Glasgow in May

TrustFord, the factory owned dealer group, is set to open a new dealership in Glasgow in May. The new dealership in Hillington Park Glasgow is said to be making “excellent progress” as it gears up to welcome customers at the official launch. “Even though our doors aren’t open just yet, our knowledgeable and friendly team is on hand to help, ...

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