Car Dealer Magazine – The latest in UK motor trade news, …
WEBNews 2 days ago. Land Rover Discovery Sport named dealers’ most profitable used car for sixth month in a row. The Land Rover Discovery Sport was the used car which made dealers the most money in August, according to new data from Dealer Auction.
Forums - Car Dealer Forum
WEBJun 25, 2021 · Private Advanced Members Lounge. This forum is for advanced members. For access, you must have made a minimum of 25 posts in our open forums and provide Car Dealer Magazine with proof of trader status (i.e. a copy of trade insurance). Contact [email protected] for access.
JD Classics founder and wife sued for £64m over fraud allegation
WEB11:11 am, February 4, 2019. THE founder of a major classic car dealership and his wife are being sued for £64m following the collapse of the business. Derek and Sarah Hood are facing court action by the administrators of JD Classics, which was based in Maldon, Essex. The company, which restored and sold historic cars, was founded in 1987 and ...
Exclusive: Constellation 'forced' to put Toyota and Lexus Marshall ...
WEBJan 10, 2023 · At the time, Marshall said it was ‘proud’ to be representing Toyota and Lexus for the first time. In an interview with Car Dealer, which you can watch below, Daksh Gupta, the CEO at the time, said: ‘Toyota is a phenomenal brand and the biggest car manufacturer in …
How much profit do car dealers make on new and used cars?
WEBJun 3, 2021 · Some 5.8 per cent of buyers think car dealers make more than 50 per cent profit on new cars. When it comes to who car buyers think makes the most cash out of selling a new car, 56.7 per cent said they thought it was the manufacturer, with 43.3 per cent thinking it was the dealer.
Inchcape agrees £346m deal to sell UK retail operations to US …
WEBApr 15, 2024 · Dealer group Inchcape is to sell off its UK retail operations after agreeing a £346m deal with US giant Group 1 Automotive. Car Dealer reported in January that Inchcape was potentially looking for a buyer for its UK operations which comprise 3,600 employees and 81 sites.. The likes of AutoNation had been linked to the Car Dealer Top 100 outfit but bosses have now announced that Group 1 is the ...
How much profit do car manufacturers make on new cars? The …
WEBSep 21, 2021 · He said car makers make an average five per cent profit margin on new cars. 5% Average profit margin for car manufacturers in 2020. But this year that has improved, he said, thanks to a combination of discounts disappearing and a tendency to produce higher margin models due to semiconductor chip shortages.
Robins and Day name retired after 100 years in shock Stellantis ...
WEBJan 18, 2023 · Stellantis has retired the Robins & Day car dealership name after more than 100 years in operation. In an announcement to staff yesterday, the group’s chief executive James Weston revealed the 66 dealerships will be rebranded Stellantis & …
Everything you ever needed to know about Motability
WEBNov 1, 2022 · Motability is an independent charity that runs the mobility scheme for disabled people. It does not cost the government money, it is instead funded by disabled people who choose to spend their mobility allowance to pay for the cost of their car lease. The charity publishes its own accounts and is run by a team of directors and staff who get ...
Q&A: Everything you need to know about new UK major car …
WEBSep 19, 2023 · What is Lithia Motors? To give the firm its proper name, Lithia & Driveway is a New York Stock Exchange-listed car business with seemingly world domination plans.It has been very open about its goal to nearly double its annual revenues to between $55bn and $60bn by 2025 and it wants to do this through acquisitions.