- September 25, 2020
- By Fraser Brown
- In Press Releases
Press Releases
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.
- September 17, 2020
- By Fraser Brown
- In Press Releases
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).
- September 15, 2020
- By Fraser Brown
- In Press Releases
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.
- August 6, 2020
- By Joanne Howarth
- In Press Releases
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and paper-based systems charting the progress of vehicles from car auction or trade-in to forecourt, they are often outdated and vastly underestimate preparation times.
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