EXCLUSIVE eBay Motors Group April’s stock trends. cap hpi April pricing. Is it time to sell used EVs? Cazoo’s Q1. SsangYong cuts warranty
Motor Trade Radio Podcast
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Motor Trade Radio: 29 April 2023, E26, S09
If you enjoyed this week’s Motor Trade Radio podcast, powered by eBay Motors Group, and want to dig deeper into our featured headlines, then here are the links to all the stories.
PODCAST EXCLUSIVE
eBay Motors Group April Market View
Lucy Tugby, Director of Marketing, gives a sneak preview of April’s Market View analysis of dealer stocks, days to sell and pricing.
INTERVIEW: Derren Martin
cap hpi’s Director of Valuations talks us through April’s pricing movements and trends. Full interview here:?https://motortraderadiocom.libsyn.com/motor-trade-radio-april-2023-used-valuations-special-with-derren-martin-director-of-valuations-cap-hpi-episode-25-season-9
CAR DEALER
Robin Luscombe says time is right to start stocking used EVs despite price drops
As used EV prices continue to plummet several dealers have been left running for the hills when confronted with the prospect of stocking them.
AUTOMOTIVE NEWS EUROPE
Prices for small EVs forecast to match combustion cars
https://europe.autonews.com/automakers/smaller-ev-prices-seen-falling-combustion-engine-levels-first
Prices of smaller EV models will drop to rival those of combustion engine cars in Europe and North America by the mid-2020s,?the International Energy Agency?said.
领英推荐
MOTOR TRADER
UK car production up 6% in Q1 as chip shortage eases
UK car production rose 6% in the first three months of 2023, to 219,887 units.
AM ONLINE
Cazoo restructure ‘starting to bear fruit’ in Q1 financial results
Used car retailer Cazoo reported a 690% year-on-year growth of gross profit per unit and overall gross profits up 367% to ￡14 million in Q1 as its CEO asserted that its sweeping restructure was starting to “bear fruit”.
CAR DEALER
Bristol Street Motors to expand in Staffordshire as it takes over ex-Cazoo site
Robert Forrester, CEO of Bristol Street Motors parent company Vertu, announced on Twitter and LinkedIn today that it would be opening in Tamworth, having completed the lease assignment on the ex-Cazoo outlet last night.
AUTO RETAIL AGENDA
Ssangyong slashes 2 years, 50k miles from warranty
Ssangyong has slashed its previously market-leading new car warranty from seven years/150,000 miles to five years/100,000 miles. The manufacturer told Auto Retail Network the change took effect from 1 January but, when asked, did not explain why.
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.
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