NEWS

STOCK shortages mean franchised dealers must scrap long-standing procurement policies says Glass’s. Until now, franchised dealers have typically shied away from cars older than 3 years. Higher-mileage motors have also been a no-no. Those days are gone now though, says Glass’s. Car dealers can’t afford to be so picky, as a dramatic reduction in used [...]

MAZDA has rebranded its franchise dealer used car scheme, which is now known as Mazda Approved Used Cars. The rebranding has been driven by more customers being willing to buy online. It replaces ‘Zoom Zoom +’ and the majority of the Mazda UK dealer network has already signed up. Mazda says it has invested big [...]

TRADEMYMOTOR has launched to UK car dealers in a keynote presentation at Birmingham’s NEC. The online car buying franchise enables the resale of stock bought directly from the public. Attending the Birmingham presentation to hear more were representatives from many large dealer groups, including Arnold Clark and Jardine Motors. But those interested had better be [...]

VERTU Motors Plc has announced that 2 Vauxhall franchises have today been acquired by its subsidiaries. The company has acquired the Vauxhall franchises from Baker Limited, which is in administration. Consideration of the deal is expected to be £1.5m – that’s £1.3m for freehold property and £0.2m for fixed assets. Vertu has also, in a [...]