The Coronavirus Large Business Interruption Loan Scheme (CLBILS) launched on Monday 20 April. All viable businesses with turnovers of more than £45m can apply for support. Those with turnovers...

In all my working career a month has never been such a long time. Given the disruption which was to come, the end of February seems a very long time ago. And looking back to that time the first...

The impact of the coronavirus lockdown on UK new car registrations has emerged from the latest data, highlighting that after a positive start to March, the final week saw an 82% drop in levels...

VOLVO NETWORK RoS UP 50% IN 2019 ONLINE BUYERS LESS LIKELY TO HAGGLE LUSCOMBE IS DEALER OF THE YEAR LOTUS PLANS NETWORK EXPANSION WORLD NEWS – Mustang Mach-E excites US retailers STOCKWATCH –...

After ten years of planning by the International and US Accounting Standards Board and a further three year wait for the standard to come into force, International Financial Reporting Standard 16...

AUTO TRADER ‘FAIR’ AND ‘HIGH’ PRICE FLAGS CONFIRMED CHORLEY GROUP PROFITS DOUBLE PARK’S OPENS LAMBORGHINI LEEDS NADA SHOW SCHEDULE PUBLISHED WORLD NEWS – Audi brand refresh, Daimler...

After the tough profit performance for the month of August it was great to see UK motor retailers produce a comparatively healthy result for the month of September. The average retailer made a profit...

The popular Distinguished Speaker series is back for NADA Show 2020, which takes place in Las Vegas, February 14 to 17. Five keynote speakers will go beyond the traditional education topics to discuss...

NISSAN USING HOLOGRAMS FOR JUKE RETAILER LAUNCH INSPIRATION AND EDUCATION AT NADA 2020 VOSPERS TURNOVER NEARS £250m AUTO TRADER BOARD NOW 50% FEMALE BCA VALUATIONS OFFERS REAL-TIME INSIGHT RENAULT...

Historically August has been a tough month for motor retail profitability since the registration plate change moved to twice yearly in 2001. If customers aren’t on holiday, then everyone has their...

Mary T Barra, chairman and CEO of General Motors, is to be a keynote speaker at the upcoming NADA Show 2020, taking place over 14-17 February, in Las Vegas. Ms Barra will share GM’s progress towards...

The top critical best practice points from four days at the 2019 NADA Show Delegates on the joint ASE Global and Auto Retail Network trip to the NADA Show 2019 had four hectic days of education and...

As the first month of the year, it is always tempting to try to draw conclusions over the remainder of the year from the performance delivered in January. This is normally a challenge in the retail...

Unsurprisingly one of the key focus areas on show at NADA was the use of digital marketing strategies. While most progressive dealers are working hard to improve the effectiveness of their digital...

The eventual outcome for Brexit is anybody’s guess and this makes the business planning of an automotive retail business for 2019 a complete lottery. Some brands seem to be weathering the market...

November is traditionally a really tough month for UK motor retailers. This was particularly the case in 2017 when retailers posted their largest average loss to date at over £18,000 for the month....

The average UK motor retailer produced a strong result in October with a profit of just over £6,000. This compares favourably to the prior year, where we saw a small loss, which is more typical of a...

As soon as the impact of WLTP was understood retailer performance was always going to be down in 2018 on the level we would normally see for September. Even if the demand had been there, there simply...

The average UK retailer earned a good level of profitability for June, closing out what proved to be a positive quarter. Prior to Q2 of 2018, retailers were battling against very strong comparatives...

The average UK motor retailer produced a comparatively strong performance for the month of May, coming in marginally above breakeven. While this does not sound like a strong result on the face of it,...