Car Buying Guide
Log on to live used-car WebTV clinic where Vicky-Butler Henderson will share her top tips for getting a good deal. Show date: 2nd June 2011 3pm Buying a car can be one of the most exciting purchases you will ever make, but anyone who has ever gone through the process will know that there’s a lot more to it than just picking a vehicle that … [Read more...]
Hyundai has sold five million vehicles in Europe since the first Hyundai Pony was imported in 1977. The five millionth vehicle was an i30, which was launched in 2007 and has subsequently sold just over 320,000 units across the european dealer network. Hyundai’s sales momentum in Europe has increased steadily since 1977, culminating more … [Read more...]
During a recent visit to my local VW showroom I witnessed the future. After years of predicting how technology will play an ever greater part in car sales I was confronted by what is now the reality. The new cars on display each had their own tablet PC set-up with an app specifically for car buyers to virtually build their own car with the swipe … [Read more...]
Car dealers are constantly looking for new and innovative ways of attracting new customers to their forecourts, and seeing as there is usually quite a large cost involved in doing this you can probably see why they’d want to make it as cost effective as possible. Even though many car dealers commit a large chunk of their annual marketing … [Read more...]
TrustedDealers.co.uk was launched at the turn of the year, as a landmark collaboration between some of the UK’s leading dealer groups. One of the website’s initial aims is to counteract motorists’ fears over buying used cars. Research by the website revealed an alarming one in six Brits had previously bought a vehicle that had been written … [Read more...]
Indian car maker Tata Motors has reported a massive surge in profits to £1.3bn over the last year up a staggering 260% from the previous year thanks to a 33% increase in revenues. Business at its Jaguar Land Rover subsidiary witnessed a distinct turnaround, earning £1.1bn in profits before tax, having barely managing to break even in the … [Read more...]
Believe it or not, despite the bad press over the years, the motor trade has always been totally committed to customers, without whom let’s face it, there would be no business. I know there are probably many examples where this statement simply doesn’t ring true but, apart from a few rotten apples, the business is filled with employees who come … [Read more...]
A record amount of drivers in the United Kingdom are searching for fuel-efficient, eco-friendly vehicles, and green car sales are going to sky rocket over the coming months, a new report says. According to Motoring.co.uk, the interest in low emission vehicles is at its highest level at any time, with consumer interest rising 28% between December … [Read more...]
There are strong rumours around that only into its second month of trading the Tesco car venture maybe having some “issues”. Of course they wouldn’t be the first car dealer to find the going a little tough. But trying to get an ambitious new venture off the ground in perhaps the hardest trading conditions in the last 3 years is hard for … [Read more...]
The European new car market shrank by 3.1% in April pushing year to date sales down by 2.1%, according to JATO Dynamics. Total new car sales in Europe were 1,122,383 units, compared with 1,158,348 in April last year while year to date sales totalled 4,804,429 units, down from 4,905,000. Of the top 5 European markets, only Germany witnessed an … [Read more...]
Industry used car price guide Glass’s have cut average used car values by 5% in its June edition as supply continues to exceed demand. “We believe the current conditions are ripe for a market correction to prices. “This is why the average movement to values this month amounts to around 5%,” said Glass’s Guide managing editor Adrian … [Read more...]
Car clocking seems to be on the rise again and not just from spurious car dealers. With the rise and rise of PCP’s and the fact that p[payments and GFV’s (guaranteed future values) are linked, to a certain extent, to the mileage the buyer sates they will do, the penalties for exceeding that total mileage can be a massive problem for some … [Read more...]
Did you know that on the 18th December last year some lucky individual won the jackpot on that days national lottery draw, totalling £956,813? However that person is yet to claim their prize and have until 16th June to do so. Maybe they already have a lot of money and can’t be bothered (in which case please give it to me) but it got me thinking … [Read more...]
Social media in the driving seat as Bath couple set off on magical mystery driving tour of Ireland Samantha and Nick Brown from Bath will be throwing caution to the wind and asking Britons to design their Ireland holiday via Twitter and Facebook on a minute by minute basis. The social media adventurers were selected by Tourism Ireland to go on a … [Read more...]
As we know, more and more consumers use the net to begin their buying process and none more so than car buyers. More than 50% of buyers now start the search for a new or used car by first looking online. Typically they tend to search for information about certain models which fit their criteria and budget, find out what the reviewers say and move … [Read more...]
Car output was up 7.0% over the first four months of 2011, but fell by 12.2% in April while UK engine production fell by 4.7% in April, but remained up 6.0% over the first four months. There were 86,306 vehicles manufactured in the UK in April and the number of cars built since the start of the year is 443,536 (up 7%), more than four-fifths were … [Read more...]
Citroen is recalling more than 20,000 of its Picasso C3 cars in the UK because of concerns the brakes can be activated from the passenger side. The problem arises because of the way the car is made in France then modified for right hand drive for UK export. An investigation by the BBC TV programme Watchdog found the brake could still be … [Read more...]
As traditional marketing methods are being replaced thanks to the rise and rise of the web, many car dealers are struggling to adapt and as a consequence when times are tougher, such as now, they don’t all seem to have a “plan b”. Trying to convert enquiries into appointments is perhaps the biggest challenge when demand is lower and … [Read more...]
It’s hardly a big shock that big engine petrol cars are having somewhat of a struggle finding people to buy them at present. However for those fortunate enough not to need a car for lots of miles or alternatively just need something for the weekend, there are most certainly some potential bargains to be had. The market hasn’t discriminated, … [Read more...]
The industry's leading specialist PR consultancy, Automotive PR - as proven by being the only specialist automotive business in PR Week's Top 150' agency listing - has released a list of Twitter's top 50 UK automotive 'influencers. The list is available at: http://apr.im/toptwitterers. Automotive PR tops the list, which reinforces what those … [Read more...]
"Every year Ferrari will be launching a new car" - says Luca Di Montezemolo at the recent Maranello factory unveiling of the new FF. It seems the brief this time around is 'functionality'. It's clearly dictated the FF's profile and although it will undoubtedly divide opinion, I really like it. It's also a very big Ferrari; from the large, … [Read more...]
Now that Tesco’s have entered the aftersales arena the competition for customers is set to get even tougher and inevitably the likely losers will be franchised dealers. Scratch the surface however and we’re left wondering whether this really is best for the customer in the long run? At MTI we are all for companies providing value for money … [Read more...]
According to many people in the trade the valuation gap between Glasses and CAP guides has widened to such an extent that professional car buyers do not really understand the market. It seems that there really are two separate arenas for retail pricing; one dictated by CAP and one by Glasses. It is generally assumed that the data collected by … [Read more...]
Used car price guide CAP have revised values for used cars down 5% for its May issue and said this “did not fully reflect how tough it really is out there”. They say the used car market witnessed a “dramatic” deceleration in April with “vast numbers of vehicles failing to sell” in the open market. (Motor Trade Insider - Used car prices … [Read more...]
Japanese manufacturer Toyota has seen its profits plummet by a massive 77% in the last quarter because of disruption caused by the recent devastating earthquake and tsunami, with net profits falling to 25.5bn yen (£192.7m $315.5m) between January and March. However for the fiscal year ending in March Toyota's income doubled revealing that at … [Read more...]
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