Agency + brokers can work

Despite being locked out by Mercedes, OEMs are developing versions of non ‘full-fat’ agency that include the broker channel in their plans. Such as Audi. And why not? Brokers play a significant role – and will continue to play a significant role – in the retailing of new cars. What’s more, it’s underpinned by outstanding levels of service and, under new Consumer Duty, high levels of compliance that most OEM car retailers will simply never attain. It’s fairly clear we’ll see further ‘adjustment’ of agency programmes in the future.

Don’t miss the BVRLA Leasing Broker Conference

The countdown is on! There are still a few tickets left which are free for BVRLA leasing brokers. Don’t miss out on the knowledge and the networking.

Ralph Morton, editor

Key stories this week

  • Audi: door open for brokers despite ‘agency’ move – story here.
  • First for funders at Bridle Franchise conference – story here.
  • BMW appoints Matt Collins to head up corporate sales – read more here.
  • Nationwide Vehicle Contracts: Best Volume Broker profile – read more here.
  • One week until BVRLA Broker Conference – read more here.
  • Loopit car subscription market update – read more here.
  • Read the full Broker News Newsletter 06 June 2023 here.
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