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HR Owen takes crash repair in-house with Bodytechnics deal

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HR Owen has bought the Slough-based accident repair firm Bodytechnics for an undisclosed sum. The company carries out work on prestige vehicles and is approved by carmakers, including Aston Martin, Bentley, Ferrari, Maserati, McLaren and Porsche. David Fellowes, group aftersales director for HR Owen, said: “HR Owen customers have been able to enjoy an unparalleled level of service when it ...

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Motor Trader Q Awards for products and suppliers

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Motor Trader has launched a new industry-wide initiative aimed at acknowledging and rewarding the most innovative products in the UK car retailing sector and the companies that supply them. There is a week to go to meet the deadline for entry on 19 February. The 2016 Motor Trader Quality Awards will acknowledge and reward the best dealer products and suppliers ...

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NFDA accuses FCA of being too expensive and complicated

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The National Franchised Dealers Association (NFDA) has accused the Financial Conduct Authority of being “financially burdensome and complicated” for dealers. In its Budget Submission for 2016 it called for an independent review of the FCA and how it regulates car finance. It said the FCA fees were expensive, charging five times more than the OFT, which used to look after ...

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BCA buys specialist car preparation firm Ambrosetti

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BCA Marketplace has bought Ambrosetti, a company that specialises in the preparation of new and used cars. Ambrosetti has vehicle defleet, refurbishment, logistics and storage facilities in Chipping Warden, Northamptonshire, and Rochester and Sandwich, handling 100,000 vehicles annually. Established in 1979, it is experienced in reconditioning, conversion, PDI, servicing, storage and onward logistics movements. Its customers include carmakers and importers, fleets ...

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Average dealership profitability tumbles 12.4% in 2015

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Average dealership profitability fell 12.4% in 2015 to £197,000, despite a 4.5% rise in turnover and the new car market achieving a new high of 2.63 million units. According to the latest figures from ASE franchised dealers faced the challenge of maintaining profitability as costs increased over the course of 2015. “Looking back on 2015 it will be remembered as ...

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