Used car bubble about to burst?

The US auto retail industry is bracing itself for some serious challenges in the used car market as a flood of vehicles come down the ex-lease pipeline over the next few years. So far, values have “held firm” according to Janet Barnard, president of inventory services at Cox Automotive, but some analysts don’t share her optimism.

Jonathan Banks of JD Power’s used car guide noted a 4% decline in used car values over 2016, the first material drop since the recession. He predicted a 4.8% drop in residuals in 2017 and further drops of 8% to 10% over 2018 to 2020.

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Auto Retail Bulletin presents strategic advice and analysis for senior executives and auto retail business owners. It helps you run your business successfully and takes away the information overload.

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Strong December couldn’t pull back November losses

If you were looking at the results for the average motor retailer in 2016 you would probably give them a B+. Good, but not great. Coming in with an annual profit of £177,000 sees dealers suffer their second year of declining profitability, with a £50,000 per site drop from the heady heights at the end of 2014.

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Auto Retail Bulletin presents strategic advice and analysis for senior executives and auto retail business owners. It helps you run your business successfully and takes away the information overload.

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Adapting to changing retail trends in 2017

The retail landscape has been shifting in recent years and the pace of change will continue to accelerate in 2017 and beyond. So how dealerships can prepare themselves to prosper in the face of new challenges in 2017?

We live, so we are told, in the ‘Age of the Consumer’ and as a consequence we are likely to see a continuing trend towards automotive retailers moving into shopping areas. It is also expected that online retail giants, such as Amazon, will continue to introduce disruption to the automotive retail industry, crowding the marketplace further.

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Auto Retail Bulletin presents strategic advice and analysis for senior executives and auto retail business owners. It helps you run your business successfully and takes away the information overload.

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Cloud-based solutions set to transform automotive retail

We are at the threshold of unprecedented value creation for industry and society, driven by the accelerating pace of change enabled through digital technology. And these digital technologies can transform automotive retail businesses as part of the wider chain from OEM to consumer.

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Patchy recovery in UK auto retail stocks

The UK FTSE 100 ended 2016 at a record high as it broke through the 7100 mark for only the second time in its history. But there was little sign of that optimism filtering down to auto retail stocks which ended the year more stable but still well short of their 12-month highs.

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Auto Retail Bulletin presents strategic advice and analysis for senior executives and auto retail business owners. It helps you run your business successfully and takes away the information overload.

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Network guide: Vauxhall

Vauxhall’s 140 business partners who run the franchise’s 337 sales outlets will play a pivotal role in Vauxhall’s campaign to push back against erosion of sales by premium brands during 2017, nominated by chairman and managing director Rory Harvey as a landmark year in terms of a new product offensive and continuing accelerating changes in the car retailing environment.

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Auto Retail Bulletin presents strategic advice and analysis for senior executives and auto retail business owners. It helps you run your business successfully and takes away the information overload.

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Lower volumes and strong demand bolsters values

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ALD Automotive considers direct sales future

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Seat looks to innovative in automotive retail

Seat believes its new retail store within the Lakeside shopping centre – the first Seat Store in the world – will expose the brand to millions of new potential customers, offer lessons on the evolution of automotive retail, and provide incremental business.

Speaking at the official opening of the new store, Seat UK director Richard Harrison said: “This is the most exciting period in our history, a transformation of the brand. We have a clear plan to turn Seat into a real challenger brand in the UK.

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Auto Retail Bulletin presents strategic advice and analysis for senior executives and auto retail business owners. It helps you run your business successfully and takes away the information overload.

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Another poor month for UK auto retail

Fears of a slowdown in the UK auto retail new car market continue to hit investor sentiment in the sector and it was another poor month for auto retail stocks on the London exchange. This despite a broad consensus that the shares have been oversold and there are a number of buying opportunities for those with a medium to long term view.

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Auto Retail Bulletin presents strategic advice and analysis for senior executives and auto retail business owners. It helps you run your business successfully and takes away the information overload.

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