May 17, 2012

After-market could benefit most from the downturn

Although in the states the recession may be biting deeper and car sales being hit even harder than here, what comparisons can we draw with our American cousins? Although we rely predominantly on … [Read more...]

Motor Trade Insider reporting from the front-line

Adrian Rushmore, managing editor of industry valuation guide Glasses, states, in a recent press release, that “used car activity is slowing and dealers have now acclimatised to recessionary times.” … [Read more...]

The road back to new cars

As we have been regularly pointing out on Motor Trade Insider, the gap between new and nearly new, in terms of retail price, has spent most of 2009 closing like a lift door, slowly but surely. There has certainly been … [Read more...]

Making predictions is harder than ever

It has been generally acknowledged that few, if any, commentators whether inside or out of the motoring business have successfully predicted the course of events which have taken place in the last year or so. … [Read more...]

General Motors – the price of failure

The fact that there are CEO’s all over the world that have collected fat cat bonuses and built up massive pension pots should not surprise us. What is shocking to the core, however, is that these clever people … [Read more...]

Automotive assistance programme a dead duck

The governments much heralded “automotive assistance programme” which was launched in January has yet to dispense a single penny in “assistance” to anyone. The programme is supposed to give … [Read more...]

Could stability be returning to car sales?

This may be a message being regularly repeated by many people “in the know” this year, and one which will probably just as regularly be proved wrong. But the market, especially in terms of used car sales, is showing … [Read more...]

All aboard the skylark – the decline of the US auto industry

Decorating this article is the image of a 1992 7th generation Buick Skylark. We can only assume it is as awful to drive as it is to look at. We think this picture might sum up, in a single image, just what a dire state … [Read more...]

State of independence

What is the state of play in the world of the independent car dealer? Motor Trade Insider puts some feelers out and discovers that business, for some, is certainly improving but, as ever, it’s the old fashioned values … [Read more...]

Independent car dealers, professionalism and a dying art

Whatever town or city you visit, the signs of recession are there for all to see, no business has been immune and the boarded up shops tell their own story. The car business has lost thousands of jobs and seen … [Read more...]

Supply shortage fueling used car prices

There is a simple reason for the massive price correction on used cars at present, supply. With the new car market consistently down year-on-year, quite simply not as many cars are being built therefore … [Read more...]

Do dealers need to rethink the way they value trade-ins?

People often ask me in my professional capacity what my opinion is on the value of a car, which by and large I can confidently give. Hopefully the last 25 years mean that I am not a million miles away and nor would, I suspect … [Read more...]

Cost-cutting and after-sales, the road back to profit

With many car businesses having been totally re-structured this year, the word coming from many showrooms is that traditional demarcation lines have been scrapped in favour of 'an all hands to the pump' attitude. … [Read more...]

Buying a car on scrappage? Ask for more

In conversation with some sales managers recently, and always wanting to be in the thick of the latest events especially with the much debated car scrappage scheme, we have some interesting theories … [Read more...]

Beware the service department up-sell!

In an economic downturn, people always look harder for value for money in everything they buy from food to gym membership. It is exactly why companies like Tesco’s and Aldi will always do well because they represent … [Read more...]

Auction buying frenzy – something’s got to give

Having published our article on the rise of the private auction buyer, it has been interesting to see some of the very relevant comments made about how the situation may develop. Having seen many cars reach … [Read more...]

Modern sales managers prefer motor trade novices…or robots

During a conversation with a sales manager I met up with at the auction recently (yes they are starting to get out of their comfy chairs and see what’s going on out there) we started chatting about the changing face of the … [Read more...]

Manufacturers will turn the screw on their dealers

Showrooms are closing around the country and manufacturers are looking to shrink their dealer network to protect profitability, but also ensure the dealers who represent them are expanding on growth and customer care. … [Read more...]

Happy bargain hunting in the world of used cars

It seems to be business as usual in the world of used cars. Every time someone predicts that events have reached a plateau and buyers are about to vanish because used cars are now too expensive, the market outperforms expectations and defies predictions. Where the scrappage scheme seems to be generating sales and enquiries, with many dealers … [Read more...]

Simple checks will give peace of mind

In any economic slide, there will be winners and there will be losers. Unfortunately most will lose and the winners will not always do so because of their own endeavours but rather by taking advantage of other people’s … [Read more...]

Carmageddon – The beginning of the end?

Dramatic title isn't it? Well it’s certainly been a tumultuous time recently in the world of car manufacturing and retailing and we should not underestimate just how much things have changed. When the dust … [Read more...]

4WD U-Turn

It is now widely acknowledged that the trade got it spectacularly wrong with regard to used car valuations at the tail end of last year. The demand for used cars did not fall off the cliff and for 4wd’s in general the people … [Read more...]

Dealers prefer different makes to empty spaces

It’s been well documented that the current positivity regarding used car sales has been seen as a welcome relief to most dealers. It has also been acknowledged that the market got it badly wrong in the last few … [Read more...]

As motor trade complaints rise make sure you protect yourself

The list of complaints about car sales and repairs is unfortunately still growing, despite the transparency the industry attempts to show it seems that the number of gripes recorded at the OFT reached nearly 70,000 … [Read more...]

Marketing is key (if the budget’s still there)

With the current climate weakening returns on people’s hard earned savings, according to some commentators the car market may well be one of the beneficiaries of the situation. Although a quick click of a mouse … [Read more...]