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Relationships between franchised retailers and car manufacturers have fallen even further, according to the latest NFDA Dealer Attitude Survey out today. In the key ‘how do you rate your manufacturer overall’ index, the average score was down 0.1 points to 6.5.
Network Q, Vauxhall’s used-car programme, is to begin advertising its stock on eBay. A company spokesman said the first vehicles would appear ‘imminently’, perhaps even as early as this week.
Pendragon, the UK’s largest car retailer, has seen annual revenue break the £4 billion barrier for the first time with its full year results for 2014. While underlying revenue was up 3.9% the underlying profit before tax was up 36.2%, hitting £60.2 million in 2014.
Sales of tyres to van fleets is on the increase – while the opposite is becoming true for company cars. Kwik Fit, which is the UK’s largest tyre retailer – reports a rise in demand from LCV operators as their vehicles rack up more miles.
Do you run ‘VIP’ evenings? You know the drill. Invite your customer database, decorate the showroom festively and order in the Cava and frozen canapés.