Big Motoring World update: Audi delay agency rollout? EV ranges questioned. Dacia impacts EV prices. VW looks at OEM EV partnerships. AND MORE!!

Big Motoring World update: Audi delay agency rollout? EV ranges questioned. Dacia impacts EV prices. VW looks at OEM EV partnerships. AND MORE!!

Big Motoring World update: Audi to delay agency rollout? EV ranges questioned. Dacia Spring impacts EV prices. VW looks at OEM EV partnerships. AND MORE!

Motor Trade Radio: 16 March 2024, E15, S10

If you enjoyed this week’s Motor Trade Radio podcast, powered by MOTORS, and want to dig deeper into our featured headlines, then here's the links to all the stories.

AWARD

BARBARA COX AWARD

https://www.am-online.com/news/people-news/2024/03/11/the-search-is-on-for-the-barbara-cox-woman-of-the-year-award

Nominations are open for Cox Automotive’s prestigious Barbara ?Cox “Woman of the Year” Award 2024, honouring inspirational women in European automotive.?Now in its sixth year, the prize sees Cox Automotive Europe once again team up with AM and Fleet News. Nominations close 26 April.

Nominate today at: https://womenwithdrive.co.uk/nominate-here/

HEADLINES

CAR DEALER

Updated: Big Motoring World’s Peter Waddell fuming as used car supermarket says he’s taking ‘leave of absence’

https://cardealermagazine.co.uk/publish/peter-waddell-blasts-rumours-hes-been-removed-from-his-post-as-bs/298952

Used car dealer Peter Waddell says rumours he has been removed from his post at Big Motoring World are a ‘load of b******s’ – but the firm insists he’s taking a ‘leave of absence’.?A statement from the used car supermarket group this afternoon says the outspoken CEO is stepping away from his role for a ‘leave of absence’ and the executive chairman has taken over day to day operations.

CAR DEALER

Now Audi ‘delays’ introduction of fixed-price car sales for its EVs as another agency model cracks

https://cardealermagazine.co.uk/publish/now-audi-delays-introduction-of-fixed-price-car-sales-for-its-evs-as-another-agency-model-cracks/299154

Audi dealers say the brand will be delaying the introduction of fixed price, no haggle car sales for its EVs. Sources say the brand was due to bring in ‘agency sales’ for its entire electric range at the end of April, but its dealers have been told this is now being quietly pushed back.

THE TIMES

Electric car ranges ‘fall by a third in real-world conditions’

https://www.thetimes.co.uk/article/electric-car-ranges-fall-by-a-third-in-real-world-conditions-jp6gz2mv9

Tests to find out the range of electric cars are flawed and give a misleading indication of battery life, motorists have been warned. Steve Huntingford, the editor of What Car? magazine, said official laboratory tests have “inadequacies” and need overhauling so that drivers have “realistic information and won’t be left disappointed” after buying an electric vehicle (EV).

SWITCHED ON EV

Dacia Spring pricing could place downward pressure on fleet EV pricing

https://switchedonev.com/dacia-spring-pricing-could-place-downward-pressure-on-fleet-ev-pricing/

SUV-£15,000 pricing for the new Dacia Spring could place considerable downward pressure on electric vehicle (EV) prices for fleets, says FleetCheck. Peter Golding, managing director at the fleet software specialist, pointed out that the price almost halves that of the cheapest EV currently on sale in the UK, and is not far from being the cheapest car overall.

FINANCIAL TIMES

Volkswagen considers partnership to produce mass market electric vehicles

https://www.ft.com/content/0985f16c-105c-4b62-aa80-3658fa9b629a

Volkswagen is considering partnering with other carmakers to produce cheaper electric vehicles to help it compete with a coming wave of lower-cost rivals from China. The world’s second-largest carmaker plans to decide later this year how to produce an EV costing less than €25,000 (£21,340), chief executive Oliver Blume told a press conference in Berlin.

MOTOR FINANCE

High levels of satisfaction reported in car buyers’ finance experiences: research

https://www.motorfinanceonline.com/news/high-levels-of-satisfaction-reported-in-car-buyers-finance-experiences-research/

Recent research indicates that a large majority of car buyers are satisfied with their finance purchasing experiences from dealers. he study – conducted by JudgeService, a customer review platform for the UK car retailing sector – encompassing data from 212,986 customer questionnaires spanning the years 2020 to 2023, comes in the wake of the Financial Conduct Authority’s (FCA) investigation into discretionary commission arrangements and a mis-selling campaign led by Money Saving Expert.

MAIL ONLINE

EXCLUSIVE?'We don't want your electric cars': Why half of used motor dealers are reluctant to buy second-hand EVs

https://www.dailymail.co.uk/money/electriccars/article-13173397/We-dont-want-electric-cars-half-used-motor-dealers-reluctant-buy-second-hand-EVs.html

'Shocking depreciation' of electric cars last year has made half of motor dealers wary of buying them to stock their forecourts, according to a new report. Owners of electric vehicles (EVs) are being warned to 'expect little enthusiasm' when trying to sell their battery-powered cars to dealerships, a poll of second-hand motor traders by?HonkHonk suggests.

[M]ENABLE MOMENT

Get in touch with Stephen Whitton to see how he can help you with the mental wealth of your business at web: https://menable.org/?email: [email protected]?and on LinkedIn.

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

Click here?for the latest episode.

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