■ Honda&Nissan merger talks; what about alliance partner Renault? Arnold Clark acquires Wingrove. Barclays loses challenge. Amazon sells cars AGAIN!
If you enjoyed this week’s Motor Trade Radio podcast, powered by MOTORS, and want to dig deeper into our featured headlines, then here are the links to all the stories.
INTERVIEW
Catch our full interview with cap hpi Senior Valuations Editor Jeremy Yea ea, shedding light on trade value movements in December and over the course of 2024.
HEADLINES
THE TELEGRAPH
Honda and Nissan plot mega-merger to survive electric car slowdown
Honda and Nissan are plotting a historic merger as they struggle to survive the seismic worldwide shift to electric cars.
AUTOMOTIVE NEWS EUROPE
Renault, Nissan’s largest shareholder, said to be open to Honda talks
Renault Group is open to Nissan pursuing merger talks with Honda, as the French automaker seeks a way to insulate itself from the crisis plaguing its long-time alliance partner, according to people familiar with the situation.
CAR DEALER
Dealer group Arnold Clark snaps up 99-year-old Wingrove Motor Company
Scottish car dealer group Arnold Clark has completed the acquisition of Wallsend-based Wingrove Motor Company.
领英推荐
THE TIMES
Barclays loses court challenge over car finance
Barclays has lost a court challenge against a ruling by the financial ombudsman that opened the door to billions of pounds in compensation claims for mis-sold car loans.
AM ONLINE
Xpeng to launch UK franchise network in 2025 with up to 20 retailers
Chinese car brand Xpeng is set to reveal its first UK dealership in early 2025, the first of 20 retailers the manufacturer has charged with establish a comprehensive network by the end of the year.
MOTOR FINANCE
Amazon drives into online car sales in US with Hyundai partnership
Amazon has entered the automotive retail market with the launch of Amazon Autos, an online platform allowing customers to search, order, and purchase new cars directly from dealerships. The service debuted in 48 cities across the United States, in partnership with Hyundai, and is expected to expand further in 2025.
MOTOR TRADE RADIO -- SUPPLIER SPECIALS
Don’t miss any of our recent Supplier Specials showcasing the latest products and services for car retailers!
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.