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New Car supply threat Decreases

25 March 2013

Just before the beginning of March there were concerns that motor traders would have to drastically cut the cost of all the vehicles in their forecourts in order to sell them before car manufacturers delivered new ‘13’ registration plate vehicles.  Motor traders were trying desperately to sell new vehicles during a time where many people…

Changes to Car Dealerships

21 March 2013

Over the past few years there have been some massive changes to the motor trade industry, which means that car dealerships have had to adapt in order to still appeal to customers. Those working in sales, servicing and finance have all had to adapt to the introduction of new technologies, the economic climate and the…

The 2013 Budget revealed

20 March 2013

In our blog post yesterday discussed topics that landlords should keep an eye out for in today’s Budget announcement.  Housbuilding, the cost of utilities and benefits were three topics that we advised will affect landlords the most in the upcoming year, as the amount of housing in the UK and the cost of living will…

Motor Trader introduces Apprenticeships

18 March 2013

Motor traders who have been in the business for a number of years know that keeping up with industry news is one thing, but training is of the utmost importance if you want to succeed.  Apprenticeships are therefore a great way to get young people involved in the motor trade industry as they can learn…

Social Landlord cracks down on Housing Fraud

15 March 2013

There is an increasing amount of people looking for social housing in the UK, especially as the cost of living is on the rise whilst wages are remaining mainly stagnant.  Social landlords are therefore trying their hardest to accommodate some of the most vulnerable families across Britain; however there are some who are trying to…

Ford MD takes on Chairman Role

13 March 2013

International car manufacturing companies are generally difficult to run, especially as members of senior management constantly need to be up to date with a myriad of industry information including car markets in various countries, regulations concerning dealerships, motor trade insurance policies, finance packages and new technology. This is why when appointing someone in a senior…

Motor Traders and Financing

08 March 2013

There have been numerous reports in the press recently discussing finance deals and motor traders, including how many people are now buying their new cars using financing, and the ways in which motor traders protect themselves and their businesses when offering these deals.  This is due to the fact that most people in the UK…

Scottish Motor Traders expecting profitable 2013

06 March 2013

Whilst many motor traders have been concerned recently with the introduction of the supposedly unlucky  ‘13’ registration plate, those in Scotland are feeling more positive as the amount of new car registrations in the area this year are on the rise.  Figures released by the Society of Motor Traders and Manufacturers (SMMT) showed that 5,064…

Nationwide reverses Buy-to-Let lending decision

04 March 2013

Last Wednesday we discussed how the future of the buy-to-let lending sector was changing, especially due to the fact that Nationwide – one of the biggest lenders for buy-to-let landlords – had officially stated that they would no longer be offering their services to landlords with tenants that receive housing benefits.  It was believed that…

Motor Traders monitoring sales of 13 plate Cars

01 March 2013

This month the new 13 registration plate is being launched, and whilst some motor traders are concerned the supposedly unlucky number could hinder sales, CAP has claimed that they will not be affected.  CAP have stated that they do not believe that superstitious customers will refrain from buying vehicles just because of the new registration,…