May 17, 2012

Poor customer service – some dealers not getting the message

car-sales-bored

It appears that some of our friendly car dealers are not getting the message. As you know at MTI we bang the drum for improved customer service and enjoyable experiences in the business regularly, so you would logically assume … [Read more...]

Used car outlook for 2009 – a traders view

outlook

To say that 2009 will be a tough year for the motor trade is an understatement at the very least, we can already hear the caution being expressed by franchised dealerships on new vehicle sales for the forthcoming year … [Read more...]

Nissan lay off 1,200 in Sunderland

It seems that initial optimism may be giving way to reality. Nissan have laid off 1,200 workers today and startlingly didn’t even make any noises about asking the government for any financial assistance to see them through this turbulence. They even stated that even during factory closures - where workers were on reduced hours - it was still … [Read more...]

Advantage may swing back to the independents

independent

In difficult times the more entrepreneurial amongst us will look for that niche that will bring success whilst the rest of the world worries about what’s gone by. In uncertain times we can be all be certain of one thing; somewhere … [Read more...]

The year ahead – buying cars to order

MTI recently caught up with Jeremy Sargeant of WR Autos to ask his opinion on how he sees’s 2009 going from a car sourcing business perspective. Obviously a lot of the problems facing franchised dealerships and independents with regards to aging stock are not an issue for a business that buys its cars to order but the one key element of … [Read more...]

December 2008 new car sales figures

The new car sales figures for December 2008 are in. Better than expected but it doesn't tell us the whole picture. How much of a hit did dealers have to take on the stock they did shift? The full year down by over 11% and far more gloomy predictions floating around for 2009. Hold on to your hats it's going to be a bumby ride.... … [Read more...]

More good news – but let’s not get carried away

good-news-question-mark

Reports from the front line tell us that retail activity between Christmas and the New Year has been fairly brisk but this has differed by region. Customers have definitely been attracted by the SALE signs which have been much … [Read more...]

Mitsubishi leads the way into the brave new world

The “brave new world” of franchised dealerships we have been describing, where manufacturers start to reign in the demands they make of their dealers in order to achieve and maintain mutual profitability, appears to be starting sooner than we thought. Mitsubishi has announced that is to assist its dealer network with new cost cutting … [Read more...]

Motorpoint upbeat about sales in 2009

Whilst it’s encouraging that Motorpoint are sending upbeat signals about their 2009 sales forecasts (as reported on TalkingMotors today), it is worth pointing out that with most of the stock they carry being nearly new cars (85% of 08 sales), this stock may well be harder to locate on the wholesale market this year. With rental companies sure to … [Read more...]

Car buying – the road ahead, lean, keen, green

road-ahead

Most of the brains in suits will tell you that the current economic crisis will carry on through until at least the end of 2009, which is a rather sobering thought. How will this affect business in the motor trade? … [Read more...]

Used car buying – beware of more scams in a recession

range-rover-scam

We wondered how long it would be before the skulduggery started but here is a horror story that happened to a car buyer recently. The chap in question had always wanted a Range Rover sport … [Read more...]

Some positives from 2008 and here’s to a brighter 2009

2008

As we welcome in 2009 and wave a not so fond farewell to 2008 we can reflect on what has been a roller coaster ride in the car trade. There has not really been a day when any good or positive news has been announced. … [Read more...]