News

Lotus has opened its first flagship European “global brand centre” in Mayfair, London. Lotus London will serve as a showcase and launch venue for the latest vehicles and products, including the next-generation vehicle line-up; the Eletre hyper-SUV, Emira sports car and Evija hypercar. This is the brand’s first digitally driven flagship showroom in Europe. In 2018 Lotus revealed Vision80 and ...

JCT600 turned in a strong performance in 2022 with pre-tax profits of £43m compared to £45m in 2021, an exceptional year for used car sales. Turnover rose 11% to £1.45bn. It sold fewer new and used cars, but the mix was more premium leading to a 20% increase in the average sale price. During the year it parted company with ...

Average used prices remained stable in July, down 0.6% to £18,151, in line with recent monthly dips which have seen them drop just 4% since January. The overall strength of prices is illustrated by them tracking at 11% up year-on-year. eBay Motors reported that dealer stock volumes for the month remained consistent at 55 units, down from 56 in both ...

Twickenham car dealership, Maxfield Kadlubowski has bought a 0.5-acre site. Maxfield Kadlubowski used a £1.85m funding package from HSBC UK to acquire the site in Twickenham that it has leased since inception and used for Mazda New car sales and Volvo aftersales. The acquisition comes as part of the business’s growth strategy and will allow Maxfield Kadlubowski to expand the ...

Demand for EV extended warranties showed “significant growth” in the five years to 2022, according to research from Intelligent Motoring. Analysis of extended warranty quotes-to-buy requests through Intelligent Motoring revealed those for Alternative Fuel Vehicles (AFVs) grew by 575% in 2022 compared to 2017 from a low base. In contrast, quotes for Internal Combustion Engines (ICE) vehicles increased by 97% ...

Eden Motor Group is introducing new digital imaging technology for its online vehicle listings at its 21 dealerships in the south of England. The move, part of a two-year deal starting this month with Auto Imaging, is aimed to improve consistency, image quality and uploading speeds. The Auto Imaging technology provides sales staff with an app to take guided images ...

Hedin Automotive, a subsidiary to Hedin Mobility Group, has entered an agreement to buy Stephen James Alliance. The deal takes in the group’s BMW and MINI business, including new and used car sales and aftermarket operations. Stephen James Group employs 400 people and sells 6,000 new and used cars annually from its London dealerships. It represents BMW and Mini in ...

Nicola Burnside has been appointed head of Alpine UK, effective August 2023. With Alpine recently announcing the addition of seven new all-electric models by 2030, Burnside will be responsible for leading Alpine’s growth in the UK, starting with Alpine’s first all-electric hatch, the A290, due in 2024. With over 14 years experience in the automotive industry in brands including Volkswagen, ...

Chinese carmaker BYD has appointed City West Country Group to represent the brand in Exeter. BYD sold over 1.8 million vehicles in 2022. Its line-up includes the ATTO 3 SUV and the Dolphin hatchback. City West Country Group is ranked 64 in the Motor Trader Top 200 Dealer Groups with annual turnover of £245.1m. IT represents Mercedes-Benz, Smart, Ora Funky ...

New car registrations are set to slowly improve sector for the rest of 2023, supported by recovering vehicle production meeting customer demand. Cox Automotive has delivered its baseline forecast for total new car registrations in 2023 at 1,921,436, representing a significant increase of nearly 20% compared to 2022 figures but still lower (-16.9%) than pre-pandemic yearly registrations. Taking recent indicators ...