Blogs

The last week has seen further retail price movements across the UK automotive market as the dealer sector begins to realise that online sales are beginning to improve. With the recent confirmation that under controlled conditions cars can be handed over to customers, there has been an upturn in enquiries and the number of deposits being taken online. Indicators show ...

Unprecedented. That’s the most commonly used word we hear to describe the current crisis and it absolutely is. Quite simply, none of us have ever experienced and hopefully will never again have to go through anything like this. When experiencing a crisis in life, people respond in different ways. More often than not, people’s true colours come out in an ...

Based on government guidance, it will be 9 May, at the earliest, before UK car retailers can expect to open their doors to the general public. When this happens, social distancing measures will remain as a crucial defence against a second wave of COVID-19. With this in mind, here are some best practice  tips we have collated from dealers and ...

The economy and particularly the automotive industry are almost at a standstill at the moment as COVID-19 holds the country to ransom. However, despite the difficult times, there are still some things that need to be covered off. Here are five things that can help business strategy and performance right now. Check Your Retail Pricing Although the car showrooms are ...

The world changed drastically in March 2020, and retail changed too. The nature of customer demand has been turned on its head, and anybody trying to sell products or services in this environment needs to work to keep up. It’s a challenging and unprecedented time for not only dealerships, but for the motor industry as a whole. Buyers are having ...

These are extraordinary times.  First and foremost here at Motor Trader we extend our support to all individuals and families, employees and companies impacted by COVID-19 and our thanks to the key workers and emergency services and their huge efforts to slow and control the spread of the virus. In the April  Motor Trader we look at how dealer bosses ...

Much like the UK Government, every dealer needs a strategy of how they will exit lockdown. There is no doubt that the current situation is hugely challenging for dealers of all sizes. However, it is the dealers who are proactive in managing their sales pipeline now that will reap the rewards when lockdown ends. After the initial shock of the ...

The impact of the coronavirus situation on individual finances could mean that the post-crisis motor finance sector could potentially look quite different, says Startline Motor Finance. “With millions of people having to access Government help to support their personal finances, current methods of credit scoring applicants could have much decreased relevance,” said CEO Paul Burgess. “Whenever things return to relative ...

Abide by the Government rules and close your dealership to help stop the spread of COVID-19 and keep your staff and customers safe. Exceptional circumstances permit the service department to open and help key workers remain mobile so, where this is absolutely necessary to maintain social distancing and help keep those that will care for us mobile. Remember that the ...

These are worrying times for us all. The personal, social and economic impacts of coronavirus on retail businesses and their suppliers spell big commercial challenges for everyone. And ‘social distancing’ will inevitably affect the very ‘people-focused’ nature of dealers. Motor Trader readers face a very difficult time. But amid the anxieties the fact is that motor retail is in a ...