Auto Retail Network’s Post

The outlook for retailers in 2025 Join us at 2 pm on 10 December for our next Auto Retail Network Live webinar when we discuss the key trends and outlook for trading in 2025. 2024 has been a tough year with supply outstripping demand, electric vehicle targets pushing the market and a sluggish economy putting ever more pressure on consumer wallets. As well as these ongoing factors, 2025 will see retailers having to deal with a leap in employment costs and a threat to finance margins. However, as an industry we never fail to learn and adapt. So what does 2025 have in store and what can be put in place to maximise profitability. Our panel of experts include John O'Hanlon from Waylands and Philipp Sayler von Amende from Carwow. They will get into the detail of new car supply, the impact of the ZEV Mandate, consumer confidence and employment costs plus look at the best metrics businesses should be using to make sure they’re on the right track for a profitable 2025. They will also be on hand to answer your queries, so sign up and get your questions in. Register here to join us and take part in the discussion https://ow.ly/TTHS50U9JTf Al Clarke, Tristan Young Richard Aucock Jack Carfrae John Challen #ARNLive #Webinar #AutoRetail #MarketingStrategies #AutomotiveInsights #IndustryInsights #dealership #automotiveindustry #automotive #newcars #usedcars #cardealers #oldercars #IndustryNews #Marketing #UsedCarMarket

Things are looking a little brighter for #dealerships this year. But the road ahead is not without its challenges. Explore the key trends that will shift the landscape in 2024 and learn how retailers can adapt their strategies to stay ahead in this evolving market. https://ow.ly/5F1y50Ro6Ra #ShiftDigital #AutomotiveIndustry #CarShoppers #RetailAdaptation #Auto

The ongoing inventory shortage in the used car sector, estimated at 800,000 vehicles, is expected to perpetuate volatility within the market. This presents a challenging landscape for stakeholders. However, with a strategic plan in place, it is possible to navigate these complexities effectively. Crafting a well-thought-out approach is essential for stakeholders to adapt to the current market dynamics and maintain resilience in the face of adversity. Great insight in this article. John Ellis Durran Cage Brian Kramer #strategicexecution #carbusiness

An NADA study showed how the practice of dealers buying cars from consumers doubled during COVID-19 in 2021 but declined by 2023. This trend highlights the challenges faced by dealers who attempted this without adequate support. Tom Gregg shares on those who persevered are becoming more efficient and successful - Read More Here - https://hubs.ly/Q02GXs2R0 #PrivateSellers #PrivateVehicleAcquisition #BuyCenterStrategies

New Entrants Report 2024: Your Guide to the Next Big Automotive Brands Are you looking to expand your retail business with the latest and most exciting automotive brands? Our new New Entrants Report 2024 is here to help! This in-depth report, from Auto Retail Network and in partnership with Auto Trader Insight provides valuable insights into the top 15 brands most likely to enter the UK and European markets. Discover critical information such as: * Production volumes * Current and future models * Powertrain options * Company size and structure * Domestic retail approach * Market share * Expansion plans Learn from retailers who have already adopted new brands and gain expert insights into which brands are poised to make a significant impact. Order your copy today and stay ahead of the curve. https://lnkd.in/edefNYWe #NewEntrantsReport #AutomotiveIndustry #Retail #BusinessExpansion #NewBrands #FutureOfAutomotive #AutoRetail #MarketingStrategies #AutomotiveInsights #IndustryInsights #dealership #automotiveindustry #automotive #newcars #usedcars #cardealers #oldercars #IndustryNews #Marketing #UsedCarMarket

The June 2024 issue of the award-winning Auto Retail Network Profit. Inside you'll find lots of practical advice and useful features to help your business make more money than your competitors. Inside this issue: - How to make blogs work for your business - Success story: How Gravells Kia Bridgend keeps winning - Five strategic fixes to make your premises more secure - Six best secrets to increasing showroom footfall - How a tailored tyre policy could inflate your profits - Used cars: Fixing supply holes View or subscribe here: https://lnkd.in/exXE4aWu #AutoRetail #MarketingStrategies #AutomotiveInsights #IndustryInsights #dealership #automotiveindustry #automotive #newcars #usedcars #cardealers #oldercars #IndustryNews #Marketing #UsedCarMarket

Four approaches to ensure customers feel really valued There is potential profit to be made in an over-looked stage of the car-buying process, says Nick Golding co-founder, AutoComms Solutions With consumers still feeling the pinch, interest rates remaining high and Chinese brands flooding the UK market, finding new ways to make additional revenue is tough. It will therefore be critical for retailers to focus on increasing value from what they already have, ensuring maximum value from every new or used car customer. One phase of the car-buying journey that is far too often overlooked as a profitable marketplace is order to delivery. Read Nick’s tips in the latest issue of Auto Retail Network Profit. #AutoRetail #MarketingStrategies #AutomotiveInsights #IndustryInsights #dealership #automotiveindustry #automotive #newcars #usedcars #cardealers #oldercars #IndustryNews #Marketing #UsedCarMarket

Rewind 10 years in #automotive #retail. #Dieselgate was still a year away, annual new UK #registrations nudged 2.5m of which 6,700 were #BEVs that year. Today, the new car market has been transformed by government policy requiring OEMs to achieve the 22% #ZEV threshold. Familiar brand names are in decline, new entrants from China are on the rise, agency models are coming and going but #franchised retailers remain the primary channel for new #car customers. We’re just over a week into ‘74’ plate registrations, and I’m looking forward to this week’s Auto Retail Network Business Briefing webinar in association with Auto Trader Insight live on Tuesday 10 September at 09h00 when we’ll be hearing practical approaches to driving new car sales from leading retailers Hendy Group Norton Way Motors Ltd with insight from Auto Trader UK. 40 minutes of fast-paced advice, questions and valuable comments, so why not join the conversation by sending questions in advance to Tristan Young? Or on the day using #ARNLive. Sign up in less than 20 seconds, and we’ll see you at 09h00 on Tuesday. In fact, why not get the team together, watch it over a coffee and share the knowledge straight away round the business?    Bex K. Mark Busby Jason Cranswick Richard Aucock Guy Dunn Ros Marshall Andrew Nankervis Laura Harvey Ian Plummer Catherine Faiers Nathan Coe Ian Godbold Mark Simms Paul Hendy Duncan McPhee Harry Bott Mark Kenworthy Alistair Horsburgh Lynda Ennis Rebekah Razza Nick King #marketing #digital #retail #automotive #electrified #sales https://lnkd.in/ecR5nsxR

Dealers buying cars from consumers doubled in 2021 but declined by 2023. This trend highlights the challenges faced by dealers who attempted this without adequate support. Tom Gregg shares on those who persevered are becoming more efficient and successful - Read More Here - https://hubs.la/Q02KvqlN0 #PrivateSellers #PrivateVehicleAcquisition #BuyCenterStrategies

Three considerations ahead of the September plate change With the second plate change of the year fast approaching, Auto Retail Network Profit looks at retailer considerations on how best to identify and target potential customers during the critical online research phase, ensuring they remain front of mind during the countdown to September. Gee Moor of Marketing Delivery outlines how to maximise your marketing spend and see substantial financial benefits. Read the full article here: https://lnkd.in/ekB6wY3g #AutoRetail #MarketingStrategies #AutomotiveInsights #IndustryInsights #dealership #automotiveindustry #automotive #newcars #usedcars #cardealers #oldercars #IndustryNews #Marketing #UsedCarMarket