In this week’s Car Dealer Weekly Briefing – the subscriber-only newsletter – James Baggott looks in detail at the biggest motor trade headlines. This week he gives his opinion on... The post Car Dealer Weekly Briefing: Sytner used car site rebranding, Big gets bigger and Mon Motors snaps up sites appeared first on Car Dealer Magazine ..read more

A luxury second-hand car dealer in east London is hoping to turn its showroom into a site displaying just one high-end vehicle. The application by Imperials Hornchuch follows its failed... The post Luxury used car dealer wants to redevelop site to display just one high-end vehicle appeared first on Car Dealer Magazine ..read more

A used car dealer that went pop with debts totalling nearly £7m owed vehicle funding firm Haydock a staggering £1.88m. Brymo Limited – trading as Sentinel Cars – has been... The post Used car dealer Sentinel Cars put into administration owing creditors nearly £7m appeared first on Car Dealer Magazine ..read more

The SMMT has called for ‘flexibility’ in relation to Labour’s plan to reintroduce to 2030 ban on new petrol and diesel cars, saying many manufacturers would currently ‘struggle to comply’.... The post SMMT wants ‘flexibility’ on 2030 ban with several brands currently ‘struggling to comply’ appeared first on Car Dealer Magazine ..read more

Private equity firm Apollo to buy parcel delivery giant Evri for £2.7bn Private equity firm Apollo Global Management has said it is buying parcel delivery firm Evri in a £2.7bn... The post Jul 26: Evri being sold for £2.7bn; CrowdStrike voucher mocked; Clarkson Cosworth up for auction appeared first on Car Dealer Magazine ..read more

GardX Group has completed a major deal to acquire its long-standing distribution partner in the Middle East and North Africa. The company has agreed a takeover of the Dubai-based GardX International General Trading (GITG), which has been its distribution partner in the regions for around 20 years. That period has seen the distribution firm supply some of the area’s biggest automotive companies, including Al-Futtaim, Abdul Latif Jameel, Al Sayer, Ali & Sons, Gargash, Al Mana, Al Jaidah, Al Jomaih, Almajdouie and Naghi Group. The acquisition will see the majority of staff now reporting ..read more

Vertu Motors has concluded its purchase of Honda Exeter from Hendy Group. The acquisition, for an undisclosed sum, sees Vertu continue its expansion in the south-west of England, with the showroom rebranded as Vertu Honda Exeter. The dealer chain, ranked eighth in the Car Dealer Top 100 list of most profitable UK dealerships, said it further solidified its position as Europe’s largest Honda retailer, with 17 showrooms representing the Japanese manufacturer across the UK. Vertu Honda Exeter joins Vertu Honda Plymouth and Vertu Honda Truro in Vertu’s expanded presence in the south-west, creatin ..read more

Honda’s e:NY1 has rocketed from 254th to seventh place in Auto Trader’s latest chart of most in-demand new models. The fully electric SUV was propelled from its three-figure placing in June to this month’s top 10 slot, ranked by share of inquiries/leads for all fuel types, thanks to what the online marketplace called ‘an enticing combination of large discounts, deposit contributions and finance offers’. It also made it the most in-demand new electric vehicle so far this month and means the battery powered SUV is this month’s fastest-growing new car model overall. For pure-electric cars ..read more

Last week’s announcement that Cinch is opening its first physical showrooms was seen by many as an admission that the purely digital model has failed. The firm is opening stores in Northampton, Birmingham, Bristol and Manchester as it looks to adopt a more mainstream ‘omnichannel’ approach to used car sales. It follows the dramatic collapse of Cazoo earlier this year, with recent documents showing that the one-time online disruptor went into administration with unsecured debts of £260m. So are online-only car sales dead? To find out, we chatted to some industry experts to get their take on wh ..read more

UK car production fell by 7.6% in the first six months of the year, the SMMT said today. The industry body said the decline was ‘expected’ because of car makers overhauling lines to make electrified models. Factories turned out 416,074 new cars between January and June – 34,094 fewer than over the same period in 2023. The drop in production of battery-electric, plug-in hybrid and hybrid cars to 157,224 units matched the overall trend at 7.6%. Just over 106,157 cars were built for the UK – a 17.7% year-on-year rise – but there was a 13.9% fall in production for overseas buyers to 309,917 units ..read more