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Swansway Director Criticises Cazoo's Failed Business Model

Swansway Director Criticises Cazoo's Failed Business Model

Peter Smyth, director at Swansway, criticised Cazoo and founder Alex Chesterman in a recent Car Dealer Podcast episode. Smyth claimed Cazoo's model was flawed from the start and criticised Chesterman'... ...more

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June 07, 20243 min read

Increase in Used Car Purchases Planned Over Next Three Months

Increase in Used Car Purchases Planned Over Next Three Months

Research from Motors’ Consumer Insight Panel reveals a rise in used car purchase intentions, with 17.8% of in-market decision-makers planning to buy in the next three months, up from 17% last year. ...more

News

May 24, 20242 min read

Sytner to Rebrand CarShop Used Car Supermarkets

Sytner to Rebrand CarShop Used Car Supermarkets

Sytner Group is set to axe its CarShop used car supermarket brand following a strategic review of the business. The move, confirmed yesterday, will see the company shift its focus with at least one si... ...more

News

May 17, 20243 min read

Land Rover Models Lead Used Car Profit Margins for April, According to Dealer Auction Report

Land Rover Models Lead Used Car Profit Margins for April, According to Dealer Auction Report

Land Rover used car models provided the highest profit margins for dealers in April, with an average margin of £4,000, as detailed in Dealer Auction's latest Retail Margin Monitor report. ...more

News

May 10, 20243 min read

Seasonal Adjustments: April Sees Used Car Prices Align as EV Struggles Persist

Seasonal Adjustments: April Sees Used Car Prices Align as EV Struggles Persist

April marks a return to seasonal norms in used car pricing, with a noticeable underperformance in electric vehicle values. ...more

News

April 30, 20242 min read

Lithia Motors Enacts Major Job Cuts at Pendragon Following Acquisition

Lithia Motors Enacts Major Job Cuts at Pendragon Following Acquisition

In a significant corporate restructuring, Lithia Motors has confirmed the elimination of 250 jobs at Pendragon after its acquisition. This decision marks the closure of the CarStore brand. ...more

News

April 26, 20242 min read

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Listen I understand what it is like to run a dealership as i've run my own, I've been exactly where you are now. Whilst running my own dealerships I spent £Hundreds of thousands of my own money on advertising and marketing to try and help sell more cars.

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