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Editor’s Blog

Why Sytner’s acquisition of The Car People makes sense

Sytner’s acquisition of The Car People makes perfect sense and is part of a wider trend that has seen franchised dealers increasingly concentrate on growing their used car businesses in recent years. The deal follows Sytner’s purchase of the successful CarShop business in January and now sees it owning two of the biggest car supermarkets in the newly published Motor ...

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A gloomy Budget that failed to support the car market

What a gloomy Budget it turned out to be with the chancellor talking down economic growth and announcing some ill-defined measures on the current and future treatment of diesel-engined vehicles. While the measures to encourage the uptake of electric vehicles, with an extra £400m towards the charging infrastructure and £100m towards for plug-in grants, are welcome, the amounts fall short ...

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Why Pendragon’s profit warning was a surprise

Pendragon’s profit warning came as a surprise. And is very revealing. Yes we know the new car market is in decline as it dips to a more natural and sustainable level after being relentlessly pushed by carmakers with an eye on keeping production lines moving and maximising on favourable exchange rates. Different rules apply now. Consumer demand is down across ...

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Why scrappage schemes are good for business…and the environment

The scrappage floodgates opened in the closing days of August as a succession of carmakers rolled out trade-in schemes to boost the 67-plate and Q4 sales. The move was promoted by market leader Ford showing its hand with a £2,000 scheme covering all pre-2010 cars and (notably) vans, which also included existing retail offers. Hyundai quickly followed by offering up to ...

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