Retailers need to sell 23% more cars under an agency model to see equal profitability with the franchised system, according to John O’Hanlon, founder of Waylands. O’Hanlon, speaking at last

Lotus is understood to be planning a return to the franchised sales model after operating agency agreements for the past two years. Several Auto Retail Agenda sources have said that while the switch

Arnold Clark has launched a new rewards programme for customers. The retailer has teamed up with Mando Connect to introduce Arnold Clark Rewards, which gives members a range of benefits including

Halfords is the target of a £1.4bn merger approach by van rental firm Redde Northgate. Discussions took place over the past few months and a nil-premium merger was initially proposed, but abandoned

BMW sustainability chief Thomas Becker says banning the sale of new petrol and diesel cars is not the answer to addressing the climate crisis – and said Rishi Sunak’s delayed ban of ICE cars to

Skoda has gone live with the agency model for electric vehicles in the UK, Auto Retail Agenda has learnt. The move at the start of November follows fellow Volkswagen Group brand Cupra’s agency

Marshall Motor Holdings has reported a £42.9m profit before tax for the year ending 31 March 2023, on broadly stable revenue of £3.7bn. This compares to profit for the 15 months ended March 2022 of

Mercedes-Benz UK CEO Gary Savage has questioned the latest NFDA Dealer Attitude Survey for its relevancy to the agency model. As highlighted in the October issue of Auto Retail Bulletin, under true

It’s with deep sadness that we report the passing of Fred Maguire, one of the giants of auto retailing and, until very recently, chairman of Auto Retail Network. Fred, who was 81, died in his

Alpha Auto Group affiliate Global Auto Holdings has completed its £504m deal to buy Lookers. The takeover of Lookers’ 147 retailers in the UK and Ireland formally closed last Friday. In its initial

A sharp drop in the latest NFDA Dealer Attitude Survey results has seen the overall relationship between retailers and their manufacturer partners decline back to pre-pandemic levels. Agency