Surveys

Dealers delivered a strong performance in the just published Motor Trader Top 200 Dealer Groups. The average Return on Sales (RoS), that is pre-tax profit as a percentage of sales for the whole MT Top 200, including estimates, increased to 2.87%, which is a record and a considerable increase on 0.78% three years ago and 1.51% last year. The leading ...

UK motor retailers have recovered over the past 12 months from the pandemic, according to the Motor Trader Top 200 Dealer Groups. Combined MT Top 200 turnover is up 18% to £75.1bn, which is almost back to the 2019 pre-lockdown turnover of £76.6bn The entry level turnover for this edition of the MT Top 200 is up slightly on the ...

The automotive retail market remains “resilient” during unprecedented headwinds, with “positive signs that an upturn is on the horizon.” That’s the view from Cox Automotive Europe as it releases the sixth instalment of its quarterly insight roundup, AutoFocus. AutoFocus brings together the latest views on the market from Cox Automotive as well as Owen Edwards at Grant Thornton, Steve Young ...

A new form of vertical supply chain integration is coming to vehicle manufacturing and sales. This follows the trend in other industries which sees manufacturers engaging in direct sales to consumers. In effect, the traditional wholesale supply model is becoming defunct. Within the automotive sector, such vertical integration has been standard for new entrants to the electric vehicle market with ...

The pandemic has had a major impact on business, but dealers have caught up fast and are now hoping for better times ahead The past year has been tough for dealers as they came to terms with three lockdowns with showrooms temporarily closed for business. Now, as we tentatively begin to emerge from the pandemic, we can see the impact ...

Motor Trader can reveal the top 25 dealer group for return on sales in the latest Motor Trader Top 200 Dealer Groups. Mitchell Group in Cheshire, run by Mark Mitchell (pictured) emerged at the top group with a return on sales of 4.6%. The group was created over 30 years ago with Lexus, Mazda, and Skoda franchises on its single ...

The Motor Trader annual Top 50 survey looks at the leading independent retailers by turnover in the used car market. For many of those listed in this year’s Motor Trader Top 50, this report refers to a financial year-end in 2019. In 2016, the used car market peaked at an all-time high of 8.2 million, and has since fallen back ...

The wholesale used car market continued to grow in February, building on a strong performance in January year on year. The latest BCA Pulse Report showed that the headline used car value rose to £10,002 in February, an increase of £162 (1.6%) compared to January. This is the fourth highest monthly average on record at BCA. Year-on-year, the headline value ...

The new car market faltered in February as car dealers struggled to cope with falling diesel registrations and low consumer confidence. In fact the market declined -2.9% for the month with 79,594 models sold. Registrations by private buyers fell -7.4%, giving a true indication of consumer demand. In February diesel and petrol registrations were down -27.1% and -7.3% respectively. Diesel ...

The wholesale used car market turned in a strong performance in January year on year with values up across the board. BCA saw record dealer part-exchange values while fleet and lease vehicles reached the second highest average value ever recorded. Average values across all cars stood at £9,840 in January, which represented an increase of £364 year-on-year, equivalent to a ...