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Agency and finance worries grow, stocking the biggest concern for dealers

The agency model and availability of motor finance are growing worries for used car dealers. August’s Startline Used Car Tracker showed that when asked about the biggest challenges facing them for the future, the agency model was mentioned by 27% of respondents, the highest monthly figure recorded since this factor was added to the research in January, while the availability ...

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TrustFord opens refurbished dealership in Erdington

TrustFord officially opened its newly refurbished dealership in Erdington following £350,000 investment. In attendance was TrustFord CEO Stuart Mustoe, Sarah Brettle, director of Ford of Britain’s customer service division and Catherine Blee, Ford passenger vehicle sales director alongside members of TrustFord’s Board and leadership team. During the official opening, Brettle presented the team with the 2022 President’s Award, which recognises the ...

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cinch partners with myenergi for home charging solutions

cinch has partnered with myenergi to “bring EV home charging to the masses.” The collaboration will see the two brands work together to provide cinch customers with discounts on the purchase and installation price of the entire myenergi zappi range. Available to purchase through the cinch website, drivers can expect to see savings of up to £280 on both tethered ...

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Big Motoring World sees surge in profits and turnover

Big Motoring World, the supermarket group led by entrepreneur Peter Waddell, turned in a strong performance in 2022 with pre-tax profits surging 65% to £10.9m on turnover ahead 42.8% to £529.7m. The company sold 27,000 used cars compared to 22,000 the prior year. It has launched its own used car sourcing platform Big Wants Your Car. Finance commission turnover rose ...

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NFDA CV highlights shortcomings in DfT EV van regulations

The NFDA’s Commercial Vehicle division has highlighted to the Department of Transport (DfT) key regulatory issues that are holding back the Electric Van market. The NFDA said that since 2018 the government has been aware of the need for a smooth transition to zero emissions light commercials by incorporating payload allowances for the weight of electric vans. However, ever since ...

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Motors.co.uk gives away Nissan Qashqai in radio contest

Motors.co.uk’s has given awar a brand new car live on The Chris Moyles Show on Radio X as part of its latest marketing campaign. The competition, entered by thousands of listeners, will be followed by increased multimedia activity for the rest of the year. The £27,000 Nissan Qashqai was won by Matt from Blackpool as part of Radio X’s Big ...

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Financial Ombudsman Service director highlights rise in motor finance commission complaints

The Financial Ombudsman Service is seeing the number of complaints it receives on motor finance rise over the past year. Earlier this year it reported that complaints have been rising since Q4 2021 and in Q3 it is now the third most-complained about product in its data with 2,987 new complaints. “Of the cases it resolved in Q3, it upheld ...

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VRA September meeting to cover motor finance class action case

The September member meeting of the Vehicle Remarketing Association (VRA) will cover some of the key issues impacting dealers. Jon Butler, VRA legal counsel and partner at motor industry legal specialist Geldards, at whose Derby premises the event is taking place, will look at the class action filed at the Competition Appeal Tribunal last month against finance houses Black Horse, ...

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