Author: Tom Seymour
Autofinity will unveil its latest product ViSOURCE, which streamlines dealer used automotive buying from vendors, as a part of its stand at next week’s Automotive Management Continue to exist November 13. ViSOURCE aggregates wholesale vendor stock and data to offer used automotive buyers with an in depth view of the market. ViHUB enables automotive retailers to pool vehicle data and robotically populate online marketplaces in addition to higher manage stock with up-to-date inventory details. The addition of ViSOURCE takes Autofinity’s vision of 1 platform providing oversight of every vehicle from source to sale even closer. The team will provide details of ViSOURCE in addition to its other products and repair…
Xpeng has confirmed it’s going to launch within the UK with the help of IM Group and can showcase its recent G6 electric SUV at Automotive Management Continue to exist November 13. As revealed by AM back in July this 12 months, IM Group has now officially confirmed that it’s going to be the UK distributor for the brand new Chinese brand because it looks to ascertain a UK retail network and launch sales with the G6 electric SUV in Q1 next 12 months. Attendance is freed from charge for dealers and OEMs that register upfront here. The G6 prices…
This yr’s Automotive Management Live will feature a bunch of plug-in vehicles on display for attendees to explore in Hall 10 on the NEC, Birmingham on November 13. The UK’s latest automobile market is transitioning towards electrification and there are a bunch of recent challenger brands which are offering latest plug-in vehicles. The event has put together an area called E-Street, sponsored by AffinityEV, in Hall 10 where latest models just like the BYD Seal-U plug-in hybrid and the all electric version of the Omoda E5 shall be on display. IM Group can be supporting the show this yr with the…
Maserati has appointed Mariangela Del Vecchio to oversee its operations within the UK and Scandinavia following Peter Charters departure from business. Charters spent five years leading Maserati within the UK, however the brand has confirmed he has left “to pursue one other opportunity”. Del Vecchio replaced Charters with immediate effect and has worked within the international automotive industry for brands like BMW and Iveco for greater than 20 years, with leadership positions in marketing, sales, operations and digital transformation. Charters told AM last yr that Maserati dealers should expect to see a change in fortunes this yr, with an influx…
The Mercedes-Benz GLB was the fastest selling used automotive in July on Auto Trader, taking just 12 days to sell. Even though it’s greater than two weeks before the national average, attributable to the strong underlying health of the used automotive market, second-hand cars were selling in only 29 days last month, which is a day faster than in June, and 4 faster than in July 2023 (33 days). It was a very strong month for low-emission vehicles, which accounted for 60% of the UK’s top 10 fastest sellers, including five hybrid models and one fully electric automotive, the Volkswagen…
BYD is continuous to speculate in its UK brand awareness by partnering with Cornwall’s Boardmasters surf and music festival. The event, which takes place at two sites on the Cornish coast between August 7-11, combines the Boardmasters Open international surf competition, the World Surf League and a music festival at Watergate Bay, just north of Newquay. BYD is positioning its battery technology and nil emissions vehicles alongside Boardmasters’ ‘Leave Only Footprints’ initiative, which supports beach cleans, sustainable transport solutions, local charity initiatives and a deal with green causes. The Chinese brand’s sponsorship of Boardmasters follows on from its massive sponsorship…
In its latest Highlight on Customer Experience and Retention, AM’s Tom Seymour finds a few of the methods and tools dealers’ sales teams should use to develop ICE owners’ curiosity about EVs. The retail electric vehicle (EV) market within the UK is changing. Early adopters and environmental evangelists are already in EVs. For dealers it’s now about helping further support and educate the remaining customers that haven’t yet made the switch. Dealers are up against it. There’s a continuing barrage of negative press and misinformation against EVs and so retailers are able where they should do some myth-busting and change into…
Vertu Motors has posted a profit before tax increase of 6.5% to £34.6 million for its full 12 months results on record revenues of £4.7 billion. Robert Forrester, Vertu’s chief executive, said he was pleased with the performance because the group successfully navigated a difficult period of trading with declining used automotive values in the previous few months of 2023. Forrester said: “Used vehicle prices and margins have now stabilised and there was strong money generation from lower working capital reducing net debt below market expectations. “Moving to the brand new financial 12 months, March and April 2024 were successful…
