Author: Tom Seymour
Motorway has launched a brand new enterprise remarketing service within the UK, opening up a fresh supply channel of end-of-finance vehicles for its dealer partners. Mobilize Financial Services, the finance partner for Renault Group brands and Nissan within the UK, is the primary company to adopt the platform. The move expands Motorway’s role within the used automobile market beyond consumer-to-dealer transactions and into the remarketing sector, targeting vehicles which might be typically between two and 4 years old with low mileage and single ownership. Motorway said its recent model removes the necessity for physical auction sites, storage and multiple transport…
Pinewood.AI has expanded its Business Intelligence platform with two latest embedded modules focused on dealership financial performance and customer journey evaluation. The brand new Accounting & Finance and Customer modules at the moment are available inside the Pinewood Automotive Intelligence platform and are designed to offer dealers and OEMs with live operational insight and automatic reporting tools. The additions follow the launch of Pinewood.AI’s Sales & Stock insight module earlier this 12 months and complete the corporate’s Core Insights tier inside its broader business intelligence suite. Pinewood.AI said the brand new modules are designed to assist retailers move away from…
Xiaomi is stepping up preparations for a European retail launch of its electric vehicle (EV) division after appointing a senior regional retail manager and holding partner events alongside the Beijing Motor Show. Marvin Martin, who was appointed Xiaomi EV’s senior regional retail manager in March, said the business had met with potential European retail partners during a series of track and workshop events designed to showcase Xiaomi EV’s product and retail ambitions. Martin joined Xiaomi from Tesla, where he was a store manager for in Germany. The very fact Xiaomi EV is meeting with potential retail partners suggests it’ll partner with franchise…
Jaguar Land Rover (JLR) reported lower annual profits after tariffs, China market pressures and the Jaguar model transition hit its FY26 performance. The carmaker reported revenue of £22.9 billion for the 12 months to March 31, 2026, down 20.9% year-on-year, while profit before tax and exceptional items fell to £14 million from £2.5bn the previous 12 months. Fourth quarter revenue reached £6.9bn, down 11.1% year-on-year but up 51.4% compared with the previous quarter as production volumes recovered following disruption earlier within the 12 months. JLR said profitability had also been affected by increased marketing costs, ongoing US tariffs and a short…
The Financial Conduct Authority (FCA) has launched a review of the claims management market following concerns about poor practices affecting consumers. The regulator said it should examine issues including aggressive marketing, misleading promoting and cases where consumers are signed up without clear consent, particularly in motor finance claims. While some claims management corporations may go in favour of consumers, dealers have often complained of “ambulance chasers” trying to capitalise on the regulation of the motor finance industry. The review will assess whether consumers receive fair value, how fee structures and incentives influence behaviour, and whether the end-to-end customer journey delivers…
Johnsons Fleet Services has been named best fleet dealer on the Fleet News Awards, with judges recognising its rapid expansion, operational investment and customer performance. The business has grown significantly since its acquisition by Athenaeum International Holdings last September. That deal enabled it to mix with the sooner purchase of Brayleys, making a 79-site, 21-brand platform designed to strengthen national fleet coverage. Fleet News explained why Johnsons won the highest award: “A fleet-specific interactive CRM, launched in November, has introduced a paperless workflow that permits customers to access live order banks and communicate via integrated chat. The system has improved transparency…
Renault will open a pop-up retail space on London’s Oxford Street, giving UK audiences their first view of a near production Renault 5 Turbo 3E. The ‘maison renault’ experience will run from April 18 to 26 at Future Stores, bringing together the brand’s latest compact electric models in a single location for the primary time within the UK. Renault said the event is anticipated to draw significant footfall during its run, positioning the brand’s latest EV range in one in every of the UK’s highest profile retail locations. Roughly 500,000 people walk down London’s Oxford Street every week. Headlining the event…
Swansway director Peter Smyth has criticised the UK’s Zero Emissions Vehicle (ZEV) mandate, warning that it’s forcing dealers to push EVs ahead of customer demand. The ZEV mandate requires an increasing percentage of manufacturers’ recent automotive and van sales to be zero-emission annually, with potential fines for non-compliance. Speaking in an interview with The Telegraph, Smyth said the transition to electric vehicles represents the most important shift he has seen within the industry. Smyth said dealerships are under increasing pressure from manufacturers to sell EVs, with training and incentives geared toward driving uptake, but argued retail demand isn’t keeping pace.…
Škoda UK has named Vindis Škoda Bury St Edmunds as its 2025 Retailer of the Yr, marking a second consecutive win for the Suffolk-based retailer. The awards, announced at Škoda UK’s annual Retailer of the Yr ceremony, recognise performance across the brand’s UK network. Vindis Škoda Bury St Edmunds also secured the Human Touch and Aftersales categories, becoming the primary retailer to attain this mixture of wins. Wings Škoda Peterborough finished second overall, while RRG Škoda Bolton took third place, repeating its result from the previous yr. The awards cover five core categories including Latest Automobile Sales, Used Automobile Sales,…
BMW has revealed the primary latest details of its 560-mile range i3 saloon, marking a brand new electric saloon era for the German premium brand. While the iX3 was the primary SUV to introduce BMW’s Neue Klasse technology, the i3 is arguably the more vital automobile commercially. The three Series has long been one in all BMW’s defining models and a core volume model, so the arrival of an all electric i3 marks a brand new era for BMW saloons. BMW is positioning the i3 as the worldwide electric counterpart to the three Series formula, combining latest design language, a…