Author: Tim Rose
Full hybrids and mild hybrids are matching petrols for speed of sale within the UK’s used automobile market during April, based on Auto Trader monitoring. The automobile sales marketplace also reports that April 2025 is achieving the fastest turn of used cars on record, with stock remaining on forecourts for a median of just 25 days to this point this month. Demand is remaining particularly high for 5-10-year-old cars, which have been consistently the fastest selling age bracket over the past 12 months. This age groups is selling in only 23 days on average, nevertheless 3-5-year-old cars have accelerated to match…
The UK’s motor finance industry must wait until the summer to listen to whether the Supreme Court will overturn the notion that lenders and their partner automotive dealerships have been unfair with their customers due to finance commission paid to dealers. On the close of the third and final day of hearings on the Supreme Court this week, examining appeals lodged by Close Brothers, owner of Close Brothers Motor Finance, and FirstRand Bank, owner of Motonovo Finance, against Court of Appeal rulings, the president of the Supreme Court Lord Reed told the court to not expect a judgement until July at…
The Fiat Grande Panda is entering the growing small EV segment with a daring design, practical features, and competitive pricing. Aimed toward rivals just like the Renault 5 E-Tech and Hyundai Inster, the Grande Panda marks the start of a brand new era for Fiat’s Panda lineup, built on Stellantis’ Smart Automotive platform. It’s about time too, because the Fiat brand has suffered within the UK and now the pressure is on to extend its relevance to city automobile and supermini buyers who’ve previously loved Fiat a lot. The Grande Panda Electric is accessible in (RED) and La Prima trims, with starting…
Dealer tech firm Pinewood Technologies Group is making a £33 million acquisition of Dubai-based artificial intelligence and machine learning company Seez, with an aim to boost its offerings to motor retailers. The takeover follows an initial strategic investment in Seez that Pinewood announced last September. Seez is an AI and ML-powered automotive omnichannel software as a service platform, and it already offers a broad product portfolio which incorporates its AI Chatbot, SaaS modules and a set of e-commerce and omnichannel products to automotive dealer groups across the globe. Pinewood said the acquisition enhances its in-house capabilities, particularly in the event and…
The KGM Motors UK dealer network is getting the brand’s first latest automotive that has been developed for the reason that South Korean industrial conglomerate KG Group acquired SsangYong in 2022, and the early signs are positive.The Actyon SUV has been “completely crashed into the choices list and loaded” to supply immense value to UK consumers for its £36,995 price, in keeping with KGM UK sales director Clive Messenger, and it’s an ideal sign of a exciting future for the vehicle manufacturer.”We have got a automotive that is the same as the most effective selling SUV within the UK (the…
Were it not for the pressures placed on automobile brands by the ZEV Mandate targets the UK’s recent automobile market in 2024 could be seen as quite a hit story. That is what Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders, told Automotive Management in a briefing on Friday, ahead of the official publication of 2024’s results on Monday. Preliminary data for the 2024 year-end shows the brand new automobile market ended at 1.953 million units, up 2.6% year-on-year, of which 382,000 were zero emission battery electric vehicles. That result gave BEV a record market share of 19.6%.…
An award-winning journalist and editor, with 20 years of experience covering the motor retail industry, and accredited by the Institute of Leadership and Management (ILM) plus the National Council for the Training of Journalist (NCTJ) As editor of AM since 2016, Tim is chargeable for its media content, planning and production across AM’s multiple channels, including the web site, digital reports, webinars, social media and the editorial content of AM’s events, Automotive Management Live and the AM Awards. His focus is on interviewing senior leaders of franchised dealer groups and motor manufacturer national sales corporations to look at latest developments in UK motor retail. This…
An award-winning journalist and editor, with 20 years of experience covering the motor retail industry, and accredited by the Institute of Leadership and Management (ILM) plus the National Council for the Training of Journalist (NCTJ) As editor of AM since 2016, Tim is chargeable for its media content, planning and production across AM’s multiple channels, including the web site, digital reports, webinars, social media and the editorial content of AM’s events, Automotive Management Live and the AM Awards. His focus is on interviewing senior leaders of franchised dealer groups and motor manufacturer national sales firms to look at latest developments in UK motor retail. This…
An award-winning journalist and editor, with 20 years of experience covering the motor retail industry, and accredited by the Institute of Leadership and Management (ILM) plus the National Council for the Training of Journalist (NCTJ) As editor of AM since 2016, Tim is chargeable for its media content, planning and production across AM’s multiple channels, including the web site, digital reports, webinars, social media and the editorial content of AM’s events, Automotive Management Live and the AM Awards. His focus is on interviewing senior leaders of franchised dealer groups and motor manufacturer national sales corporations to look at latest developments in UK motor retail. This…
A Driving Automotive event is being held in London by the National Franchised Dealers Association on December 11 just hours before the industry’s best annual Christmas party, the Ben Ball. Presenters and speakers on the event include Yin Noe of the China Automotive Alliance; Bo Yu, country general manager, China, at JATO Dynamics; Ian Plummer of Auto Trader, Steve Young of ICDP; Simon Bisp, head of sales at BYD; Marc Palmer of Auto Trader; Zoey Lin of the China Automotive Alliance; and legal expert Miles Trower of TLT LLC. Attendance to Driving Automotive is freed from charge for NFDA franchised dealer members. Non-members must pay £250. Event highlights include discovering how fresh automotive players and electric…
