NEWS

CAR dealers are being advised to look at service plans to help profits uncertainty from fluctuating used sales. Market ructions in the used car sector means used car sales are down on 2009 levels, which is putting dealer profits at risk. The Warranty Group says this gap can be managed if car dealers look to [...]

TOYOTA has appointed Ewan Shepherd as general manager of Toyota and Lexus fleet and remarketing services. The promotion comes as previous incumbent, Mark Roden, leaves the company to become MD at Westlands Toyota Group. Shepherd reckons there’s a lot of immediate potential for him to work on, once he starts his new job on 1 [...]

USED car prices are staging a modest recovery as car supply falls and dealers start to restock again. The traditional busy autumn period will be characterised this year by a reduced supply of secondhand supplies. It has led to a small 2 percent increase in the average used car value, reports BCA. This is up [...]

SPECIALIST Cars BMW Tring has now traded £1.1m of cars through the online Dealer Auction site. That, reports Dealer Auction’s Gavin Smith, is despite BMW Tring joining just 6 months ago. General sales manager at Specialist Cars, Tony Murphy, said the move had been made due to a desire to maximise sales to the trade. [...]