UK's Top 200 Dealers Witness Decline in Used Car Sales, New Figures Reveal

UK's Top 200 dealers experience decline in used car sales, as per new figures from CarCondor.co.uk. UK's Top 200 Dealers Witness Decline in Used Car Sales, New Figures Reveal

source http://autoengage.co.uk/home-page-9252-9795-4532/b/uks-top-200-dealers-witness-decline-in-used-car-sales-new-figures-reveal

Comments

Post a Comment

Popular posts from this blog

Swansway Director Criticises Cazoo's Failed Business Model

Image
Scathing Review of Cazoo by Swansway's Peter Smyth Peter Smyth, director at Swansway, provided a critical analysis of Cazoo and its founder Alex Chesterman during a recent Car Dealer Podcast episode. Smyth labelled Cazoo’s business model as fundamentally flawed, describing the company’s initial plans as unrealistic and fictional. In a candid discussion on the Car Dealer Podcast, sponsored by JATO, Swansway director Peter Smyth gave a harsh critique of Cazoo, the once-promising used car dealer now in administration, and its founder, Alex Chesterman. Smyth, who previously featured in a 2022 special film on Cazoo, highlighted several issues with Cazoo's business model and Chesterman's approach, attributing their downfall to these flaws. Cazoo's Unrealistic Ambitions Smyth began by dismissing Cazoo's initial prospectus as "a work of complete fiction," likening it to a fantasy novel by JK Rowling. He criticised Chesterman's bold claims, including the am...
Read more

Pentagon Motor Group Achieves Early Sales Success with BYD in the UK

Image
Pentagon Motor Group, a division of Motus Group (UK) Ltd, is celebrating a remarkable early sales achievement in partnership with Chinese automaker BYD. Since signing up with BYD late last year, Pentagon Motor Group has reported selling approximately 60 BYD vehicles at its Lincoln-based Pentagon Motor Village site within just one month. Pentagon MD, David Peel, expressed his admiration for BYD after attending the Munich Motor Show, where the Chinese brand made a significant impact. He highlighted BYD's flexibility in producing diverse vehicle models across different market segments. The initial UK offering includes models such as Atto 3, Dolphin, and Seal, all designed with UK consumers in mind. Peel stated, "I was extremely happy to announce our partnership with BYD and am even happier to report that we have already sold some 60 vehicles in the first full month of operations." Pentagon officially termed this figure a "significant early sales success." ...
Read more

The Lotus Emeya: Setting New Standards in the Luxury Electric Vehicle Segment

Image
In recent car dealer news that's set to electrify the motor trade news circuit, the distinguished British automobile brand Lotus, based in Norfolk, has given enthusiasts and industry stalwarts a tantalising glimpse into the future of luxury electric vehicles with the unveiling of its brand-new electric saloon car, the Emeya. A reflection of the brand's transformative journey under the guidance of Chinese automotive colossus Geely, the new entrant epitomises the renaissance of Lotus as it metamorphoses into a ‘global luxury and performance brand’. The Emeya, a majestic beacon in the manufacturer's broadening lineup, heralds the continuation of a rich and storied legacy of high-end electric vehicles (EVs). This pioneering move echoes the brand's celebrated history of creating illustrious saloon cars such as the iconic Lotus Cortina, crafted in a historic collaboration with Ford. The present unveiling marks a return to grandeur, an era reminiscent of the cherished Carlt...
Read more