Acquisitions on for Hedin (first in the UK!) & Yeomans but off for Arnold Clark. Volvo & Stellantis agency moves. Derren Martin’s November used values

Acquisitions on for Hedin (first in the UK!) & Yeomans but off for Arnold Clark. Volvo & Stellantis agency moves. Derren Martin’s November used values

Motor Trade Radio: 3 December 2022, Episode 65, Season 8.

Headlines this week from?AM Online,?Motor Trader, Car Dealer and Auto Retail Agenda.

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MOTOR TRADE RADIO

PODCAST EXCLUSIVE:?cap hpi’s Derren Martin talks to us about November used car values, winners and losers by segment and fuel type and more!

Listen HERE

CAR DEALER

Exclusive: Arnold Clark has pulled out of its deal to buy car dealer group Cars 2

https://cardealermagazine.co.uk/publish/arnold-clark-has-pulled-out-of-its-deal-to-buy-car-dealer-group-cars-2/275511

Arnold Clark has pulled out of its deal to buy the dealer group Cars 2, the motor trade giant has confirmed today.

AM ONLINE

Arnold Clark fails to reach takeover deal with Cars2

https://www.am-online.com/news/acquisitions-and-deals/2022/11/30/arnold-clark-fails-to-reach-takeover-deal-with-cars2

AM ONLINE

Pendragon suitor Hedin Group completes Mercedes-Benz Retail Group acquisitions

https://www.am-online.com/news/acquisitions-and-deals/2022/11/24/pendragon-suitor-hedin-group-completes-mercedes-benz-retail-group-acquisitions

Pendragon suitor Hedin Mobility Group has secured a foothold in the UK car dealership sector with the acquisition of four franchise points from Mercedes-Benz Retail Group.

MOTOR TRADER

Helston parts ways with Volkswagen Group selling dealerships to Yeomans

https://www.motortrader.com/motor-trader-news/automotive-news/helston-parts-ways-volkswagen-group-selling-dealerships-yeomans-30-11-2022

Yeomans has acquired 12 businesses from Helston Garages in a deal that sees the South Coast firm join the VW Group for the first time.

AM ONLINE

Search begins for 2023's Barbara Cox Woman Of The Year Award nominees

https://www.am-online.com/news/supplier-news/2022/11/30/search-begins-for-2023-s-barbara-cox-woman-of-the-year-award-nominees

Cox Automotive seeks nominations of remarkable and innovative women for its coveted?Barbara Cox Woman of the Year?Award 2023, which honours inspirational women in the European automotive industry.

AM ONLINE

Stellantis franchisees ‘over the moon’ at agency model roll-out delay

https://www.am-online.com/news/manufacturer/2022/11/25/stellantis-franchisees-over-the-moon-at-agency-model-roll-out-delay

Franchisees from Stellantis’ UK dealership networks have told AM of their support of the?car manufacturing giant’s plan to delay the roll-out of its agency model agreements by six months.

AUTO RETAIL AGENDA

Mid-2023 go-ahead for Volvo agency move

https://www.auto-retail.co.uk/agenda/mid-2023-go-ahead-for-volvo-agency-move/

Volvo has agreed terms with its retail network to move to an?agency model?from mid-2023, according to Auto Retail Agenda sources.

PLUS

Motor Trade Radio’s unmissable interview with Caroline Burnell, 2022’s winner of the?Barbara Cox Woman of the Year?Award

Listen HERE

NOMINATE HERE

We hope you enjoyed this week’s roundup of the big car retailing stories. Catch?#AllTheChatterThatMatters?Saturday mornings on the Motor Trade Radio podcast, powered by eBay Motors Group.

Click?here?for the latest episode.

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