Letting customers self-serve their motor finance needs is proving the most effective route to Consumer Duty compliance, iVendi is reporting
RENAULT has reaffirmed it will continue to operate with a franchised retail network and continue to offer broker terms through…
Car retailer Lookers looks set to be sold to a Canadian auto retailer called Alpha Auto Group for £465m in a cash only deal
A digital first approach to fleet SMR is high on the list of requirements of new tech mobility entrants to the fleet market
PREMIUM brand and company car favourite Audi won’t block retailers or leasing firms working with brokers when the manufacturer moves to what is termed a non-genuine agency agreement next year.
Speaking to Broker News, recently appointed Audi direct sales boss Warren Richards, affirmed the importance of brokers: “Lease companies have those relationship…
JLR car subscription service Pivotal to use Allstar’s ServicePoint SMR platform; Lexus opens pilot car subscription; Ford looks at subscriptions for profit potential. LOOPIT, the car subscription platform, has published its latest market update on the subscription market…
Fears that the agency sales model may have had a detrimental impact on trading could be misplaced, argues Mike Allen
FIVE months into its agency sales model, Mercedes new car registrations are down 11.6% and more than 4,500 units on the same time last year. The drop is set against a market that’s up 16.8% overall.
Mercedes is also the biggest faller in terms of new car registrations in terms of outright numbers so far this year, although other brands have seen larger percentage drops.