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TRADE PRESS NEWS ROUND UPBack

LookersLookers cements £6.5m Scotland investment at Edinburgh Audi

Lookers Audi has topped off a major £6.5 million two-year investment programme in Scotland with a £2 million extension and showroom upgrade at its Edinburgh facility. As part of its investment, the company, which has established sites in Glasgow, Stirling, Ayr and Edinburgh, also opened a brand new £3.5 million Audi Approved new and used car base in Hamilton, South Lanarkshire, directly creating 30 new jobs.

Andy Bruce, chief executive at Lookers plc, said: ‘The level of growth, success and ambition seen within Lookers Audi across Scotland is testament to the commitment of the entire team. As an integrated, ambitious and forward-looking company, we continue to strengthen our presence in the local marketplace and remain dedicated to offering the highest quality service provision in Edinburgh, Glasgow, Ayr, Stirling and Hamilton.’

Source: Car Dealer

Nissan1Nissan eyes profits from ‘connected’ aftersales

Nissan will provide motorists with connected service alerts in 2017 as it takes the first steps towards connected motoring. Dealerships will be able to carry out diagnostics and access details of the vehicle’s location as part of the plans, according to a report by Reuters.

Japan’s second-largest car maker will begin rolling out the service in Japan and India in 2017, followed by other countries through 2020. Kent O’Hara, Nissan corporate vice president and head of its global aftersales division, claimed that connectivity services could help aftersales contribute 25% of the automaker’s overall revenues by 2022.

O’Hara said in the report: “With connectivity we can provide better information and better service offerings to our customers.

“We’ll know what’s wrong with that vehicle, we’ll know where the vehicle is, we’ll know what parts are needed for the vehicle and we can provide convenient service and alternative transportation options.”

Source: AM Online

vwToyota and Volkswagen in Fierce Battle for World’s Largest Automaker Title

With only two laps to go in the race for the title of World’s Largest Automaker, Volkswagen squeezed ahead of Toyota by just 9,000 units in year-to-date deliveries, data released by the companies show. Both automakers produced nearly 8.5 million units in the January through October period, and are set to pass the 10 million mark before the year ends. Volkswagen, up 2.6% year-on-year, looks livelier than Toyota, which increased its output by a scant 0.5% compared to the same period of last year.

In total, Volkswagen’s global customers appear to shrug off the dieselgate scandal. Picking up speed in the final sprint, worldwide deliveries by the Volkswagen Group grew 4.7 percent in October, powered by a 11.3% surge in VW’s main market China, and a stampede to beat the expiration of a Chinese tax cut on purchases of vehicles with smaller engines. 35% of Volkswagen’s global deliveries were made in China this year, exposing the company to big headaches during the hangover that usually follows after sales went high due to state-administered amphetamines. Toyota is less exposed to China, and it is down 3% YTD in its all-important U.S. market.

Source: Forbes

BMW_i8_Concept_IAA_frontManufacturers’ boost to EV charging network

BMW Group, Daimler AG, Ford Motor Company and Volkswagen Group have teamed up to boost EV use across Europe with the introduction of 400 new fast-charge points along major road routes.

The manufacturers – including Audi and Porsche – have signed a Memorandum of Understanding to create the highest-powered charging network in Europe as part of scheme set to get underway in 2017.

Power levels up to 350 kW will be significantly faster than the most powerful charging system deployed today and should “enable long-distance travel through open-network charging stations”, according to a statement issued by the venture.

Source: AM Online

new car salesRecord November US sales predicted amid big holiday promotions

U.S. auto sales are on pace for the strongest November ever, four forecasters say, breaking the industry’s streak of three consecutive monthly declines and keeping open the possibility that 2016 can squeak ahead of last year’s record. Big promotions over the long Thanksgiving weekend and two extra selling days in the month are expected to push sales up from November 2015.

The month started with consumers a bit jittery leading up to Election Day and after Donald Trump’s surprising victory, but last week, the Dow Jones Industrial Average surpassed 19,000 for the first time ever just as automakers were offering some of their biggest discounts of the year.

Incentive spending in the first 17 days of November averaged $3,886 per vehicle, 15 percent higher than a year ago and just shy of the record $3,939 set in September, J.D. Power said. It said Black Friday and the rest of the Thanksgiving weekend are expected to account for a quarter of November’s total volume, while Barclays said as much as half of the month’s transactions will occur in the final week.

Source: Automotive news

Glass'sGlass’s predicts captive PCP rate hike

The falling value of the pound is likely to see monthly PCP new car payments rise in 2017, Glass’s has said. The vehicle data provider noted that for manufacturers importing their vehicles into the UK, the falling value of the currency will mean they need to recoup their margins somewhere, and that PCP payments could be the least unpalatable choice.

Rupert Pontin, director of valuations at Glass’s, said that manufacturers will need somehow “to recoup additional cash” and that “the most likely outcome is that the heavily subsidised PCP payments that we have seen power the new car sector in recent years will start to increase. This will impact on deposits, monthly payments, interest rates and even the lengths of the PCPs themselves.”

Source: Motor Finance

Porsche911Porsche expects to sell 20,000 units a year of its first all-electric car

Porsche predicts its first all-electric sports car Mission-E will generate 20,000 sales a year globally when it is estimated to go on sale in 2019. In an interview with German automotive magazine Automobilwoche last week Porsche CEO Oliver Blume said: ‘We have calculated a quantity in the order of about 20,000 for the Mission E.’

The Mission-E concept car, which was unveiled at the Frankfurt International Motor Show, has a system power output of more than 590bhp, meaning it will achieve both acceleration of 0 to 62mph in under 3.5 seconds and a range of more than 300 miles. Charged using an 800V charger unit specially developed for the car, which is twice as powerful as today’s quick-charge systems, the lithium-ion batteries integrated within the vehicle floor have enough power again for 80 per cent of the range after just 15 minutes. The vehicle can optionally be ‘refuelled’ wirelessly by induction via a coil set into the garage floor.

Source: Car Dealer

 FacebookDealers missing chance to reach 40% of Facebook users

Only one in 10 dealers are using Facebook advertising, despite it being the only way they can reach a large proportion of its users that do not like ‘brand’ pages. According to new research by electronic customer relationship management systems provider Marketing Delivery, 40% of Facebook users do not ‘like’ brand pages.

Modern targeting techniques for Facebook advertising also allow dealers to profile and engage directly with all relevant users according to their location and what they currently drive, as well as by their search preferences when they look for a new car, down to vehicle marque and model.

With established social advertising tools like Google AdWords, competition for car buyers’ attention online is tougher and more expensive than ever. By contrast, data-driven Facebook advertising is available with an average cost-per-click of just £0.20, which is around 80% cheaper than adwords for car dealers.

Source: AM Online

Posted by Sue Robinson on 02/12/2016