US-owned BMW and Mini retailer Vines Group has reported a £1.1 million increase in losses before tax to £1.77m for 2018. This is despite a marginal increase in turnover to £181m (2017: £174m). The...

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PENDRAGON TO RESTRUCTURE VINES SEES LOSSES DEEPEN MON MOTORS HIT HARD JARDINE DROPS HONDA VOLKSWAGEN AFTERSALES PLEDGE FRANKFURT SHOW GOING GREEN STOCKWATCH – Inchcape CFO buys shares; Motorpoint...

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Retailers holding German premium brand franchises have given their manufacturers a hiding in the latest NFDA Dealer Attitude Survey. BMW, Audi and Mercedes formed three of the five-fastest fallers in...

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TRADE-IN WEBSITE TOOTLE CLOSES DOWN FORMER PM TO SPEAK AT NADA EASTERN WESTERN PROFITS RISE ABOVE £10M LOOKERS OPENS NEW £10M AUDI SITE SNOWS SEES RoS GAIN TESLA TAKES 28% OF EU EV MARKET BMW BOOSTS...

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The BMW network is not a happy place. Just four years ago it was the second favourite franchise, according to the NFDA Dealer Attitude Survey. Since then the scores have been falling and at the start...

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NEW CFO FOR ARNOLD CLARK LLOYD MOTOR’S PROFITS UP 17.9% BCA VOTES IN FAVOUR OF SALE DAIMLER GAINS PLACE ON CARWOW BOARD BMW COMMITS TO SALES TARGET NISSAN RENAULT STILL WORKING ON FIAT DEAL...

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I need to apologise in advance for another blog about my own experience with franchised retailers. I’m apologising because once again my experience wasn’t positive. Nearly 18 months ago I bought a...

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BMW is supporting its growing luxury car portfolio with a distinctive marketing campaign currently running in high-end publications such as the Economist and the Financial Times. This is backed up by...

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The widespread adoption of electric vehicles could see retailers’ revenue on servicing drop by 40% and on parts by 20%. So says Petter Nordesjo, former managing director at BMW Sweden and member of...

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  HONDA TO CUT 30 RETAILERS SCATHING REVIEWS FORCE MOTOR OMBUDSMAN RETHINK VW SAYS 1% SERVICE GROWTH AN EASY WIN BEST-IN-INDUSTRY PAY PACKAGE FOR BMW TECHNICANS FCA CONFIRMS RENAULT MERGER BID...

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As a consumer as I’m as guilty as the next person for having the default setting to go independent first for bodyshop work, but maybe I should re-examine that attitude and maybe franchised retailers...

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MITSUBISHI AIMS FOR 50,000 A YEAR HYBRIDS SEE APPROVED-USED WARRANTIES CUT SUBARU BRAND OVERHAUL BCA UPGRADES DEALER PRO PENTAGON EXTENDS VAUXHALL WARRANTY FOR MARCH HYBRIDS BETTER FOR CO2 TARGETS...

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Last November I wrote an article based on the annual accounts of BMW retailer, William Morgan, which warned that the manufacturer force-feeding stock through its retailers to deliver volume risked...

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Kia has topped the latest NFDA Dealer Attitude Survey for the fourth time in a row with Toyota and Mercedes taking equal second place in the all-important overall manufacturer rating question....

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A few years ago, Volvo Car UK managing director Jon Wakefield considered reducing the number of full-service Volvo dealers in the UK. Not anymore. “100 dealers is the right number, and our sales...

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On Page 1 of the `How to run a successful business’ handbook should be the phrase `turnover is vanity, profit is sanity’. How many times have I written and you read over the past several months of...

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BMW and MINI retailer William Morgan has warned that profits should not be sacrificed for sales volume and that some in the network might struggle to make money from the business. Unveiling a loss for...

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RETAILER HITS OUT AT BMW VOLVO REVEALS ONLINE SALES PLAN FOR 2019 PRE-REG CARS GIVE BOOST TO OCTOBER SALES MSXI BUYS IMPETUS AUTOMOTIVE TOM MADDEN – AN OBITUARY WORLD NEWS – VW shares revenue...

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The auto retail industry is not exactly flavour of the month with the stock market at the moment, unless you are big into used car retailing. It’s not just this week which has seen some big names...

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AUCTION INDUSTRY TO LAUNCH CROSS-COMPANY STOCK WEBSITE EXPANSION THE FUTURE FOR EASTERN WESTERN, SAY DIRECTORS MAZDAMYWAY ROLLED OUT IN MANCHESTER NEXT MONTH RETAILERS CAN RECLAIM VAT ON DEPOSIT...

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