• Fragmentation of major dealership groups set to continue

    Fragmentation of major dealership groups set to continue

    The fragmentation of larger car dealership groups is set to continue as interest grows in the mergers and acquisitions market, says motor trade expert Fraser Brown. Several significant deals have already been made over the past three months – a trend largely determined by how dealerships chose to respond to the reopening of showrooms following the relaxation of COVID-19 restrictions in early June.

  • MotorVise Automotive shortlisted for Best IT Innovation award

    MotorVise Automotive shortlisted for Best IT Innovation award

    MotorVise Automotive has been named as a finalist in the prestigious Motor Trader Industry Awards in the Best IT Innovation category.
    The nomination recognises the recent launch of its MotorVise Showroom Solution (MSS) which can save dealerships thousands of pounds a year by enabling them to rationalise the number of systems required to support their Dealer Management Systems (DMS).

  • 70 plate will serve up profit bonanza for dealers

    70 plate will serve up profit bonanza for dealers

    Strong public demand for the range of newly launched 70 plate models will make this a profitable quarter for many dealers, motor trade sales expert Fraser Brown predicts. Business in used cars has been brisk and has allowed dealerships to make a strong recovery, especially those that responded to the reopening of showrooms on 1st June by reinstating their sales and marketing teams.

  • Delays in used car preparation can cost dealers 25 per cent in lost profit

    Delays in used car preparation can cost dealers 25 per cent in lost profit

    Dealerships are losing up to 25 per cent gross profit on every used car due to the delays in preparing vehicles for sale, according to motor trade expert Fraser Brown. Whilst many have vehicle progressor and paper-based systems charting the progress of vehicles from car auction or trade-in to forecourt, they are often outdated and vastly underestimate preparation times.