Two-thirds of car dealers (66%) are worried about future margin erosion affecting their business, new research shows
Catch up on the latest leasing broker news in the 08 August 2023 Broker News newsletter
There’s no change in the Mercedes-Benz sales performance under agency which continues to chart downwards in the July 2023 car sales figures
JLR announces that Patrick McGillycuddy is the new UK managing director of JLR and will lead the company’s home market commercial operations
In a new car market that’s 18.4% up on 2022, Mercedes-Benz has seen a 6.6% fall in its registrations in H1 2023 with its new agency approach to car retailing that cuts out leasing brokers.
RENAULT has reaffirmed it will continue to operate with a franchised retail network and continue to offer broker terms through…
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…
Fears that the agency sales model may have had a detrimental impact on trading could be misplaced, argues Mike Allen