- September 8, 2021
- By Shannon Fairbairn
- In Press Releases
- 790
- 0
The arrival of the online car retailer has certainly had an impact on the used car market over the past couple of years, says motor trade expert Fraser Brown. Indeed, many traditional dealerships have been inspired to adopt parts of their digital first approach as they scrambled to shift more of their services online during the darkest months of lockdown.
Motor trade consultancy MotorVise Automotive has revealed that demand for its recruitment services soared by 400 percent during May and June. The company said that dealerships are staging recruitment days in an attempt to gain an advantage as hiring activity intensifies across all sectors. Fraser Brown, managing director of MotorVise Automotive, said that dealerships are
One of the largest hangovers facing dealerships since the easing of lockdown remains the significant fall in financial penetration, says Fraser Brown of MotorVise Automotive.
Discussions with the directors of several dealer groups reveal that the motor trade continues to operate in a bubble created by a limited supply of new and used cars – resulting in good chassis profits, but much reduced finance income.
Triumph Motorcycles has continued training its staff worldwide throughout the pandemic, thanks to an innovative programme from MotorVise Automotive. Faced with restrictions surrounding traditional in-person training events, MotorVise invested in creating two hi-tech broadcast studios allowing it to deliver virtual training sessions to Triumph dealerships across different time zones.
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