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Mercedes-Benz to axe 10% of car dealerships as part of 2025 agency model switch
Mercedes-Benz has revealed a plan to axe up to 20% of its German franchised dealerships and 10% of its global network by 2025 as part of its shift to a direct, agency model retail model.
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CEO Paul Philpott: Kia to kick-on to 100,000 sales after going number one in Q1
Kia’s 32,199 new car registrations in the first three months of 2022 made it the UK’s best-selling car brand year-to-date – almost 8% ahead of Ford in second place.
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Insight: How COVID is re-shaping the car registrations landscape
In the latest edition of AM industry commentator David Francis pondered how the challenges faced by car manufacturers were shaping the new car registrations rankings as well as their profits.
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DS Automobiles' UK MD is targeting 2022 growth 'on the double'
New dealer appointments and an expanded model range are expected to underpin DS Automobiles’ 2022 drive to sell twice as many new cars as it did in 2021.
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AM investigates: Can anything break car maker's shift to EV crossovers?
As manufacturer strategies focus increasingly on electric vehicles (EV), crossovers and SUVs, is customer choice set to become a thing of the past?
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Honda UK MD on 'phase one' of retail network cuts and agency model possibilities
Honda UK managing director Jean-Marc Streng says the brand is exploring the possibilities of the agency franchised retail model as it draws to the end of “phase one” of its retail network restructure.
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VIDEO: Innovate like Google or Amazon to success in the EV transition, AML told
The electric vehicles (EV) revolution and new agency retail models are said to be placing up to 70% of existing dealership profit at risk in the next decade.
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Supply shortages reduce car brands' desire to offer new car discounts
Discounts on new car retail offers have dropped slightly by 1.9% quarter-on-quarter to £1,672 on average in Q4, according to the latest AM data.
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8 Questions to... Snows Kia Guildford master technician David Weston
Fresh from his crowning as world champion in the Kia EV Skill World Cup 2021, Snows Motor Group's Kia Guildford master technician David Weston is the latest person to take part in AM's '8 Questions to...' series.
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How can car retailers turn red and amber aftersales work into profit?
Even the traditionally slender margins that car dealerships make on new and used car sales once all the overheads have been factored in, aftersales is key to profitability.