Motor Trade Radio Motor Trade Radio

📢This week on @Motortraderadio, powered by @motorscouk.
🎙️Used car price drops halt in April
🎙️Cazoo's administration warning
🎙️New car market to top over 2m in 2024
🎙️26% of customers return to dealers
🎙️SPECIAL DCA legal update from @Geldards  

📢DCA POD ALERT!
We're delighted to be joined by Lewis Adamson from legal firm @Geldards for an exclusive update on the legalities around the FCA's probe into Discretionary Commission Arrangements and what dealers need to know. Powered by @motorscouk

HEADLINES POD: We’ve got the week’s big car retailing stories for you on the Motor Trade Radio podcast, powered by MOTORS.
 
It’s been another mega-busy news week for the sector! Headlines this week from the Car Dealer, AM Online, FT and Daily Telegraph.
 
🎙️Pendragon’s new owner Lithia to close 16 CarStores, with staff notified about potential redundancies
🎙️While the sale of Pendragon’s retail business boosts profits for newly listed Pinewood
🎙️How a perfect storm drove up car repair costs in 2023 by a whopping 13.5%
🎙️UK's car parc nears 36 million units in 2023, providing dealers with an aftersales opportunity by targeting older cars
🎙️Car production tumbled by more than a quarter YoY in March, as factories prepare for new-generation EV models
🎙️Stellantis issues a warning over future UK trading as ZEV Mandate starts to limit new ICE sales
🎙️We reveal the peak day for customer enquiries!
 
PLUS cap hpi’s Derren Martin on April’s used car value trends and the latest [M]enable Moment with our mental wealth wizard Stephen Whitton
 
 
#AllTheChatterThatMatters with your co-hosts Curtis and Philip
 
#Automotive

🎙️NEW POD STREAMING NOW: "Seasonal normality" is the topic of the latest Motor Trade Radio weekday podcast, powered by MOTORS. We talked to Derren Martin, Cap HPI's Director of Valuations, about how used car values performed in April. 
 
A dip of just -1.5% (c£300) indicated a balancing of demand and supply dynamics (-1.4% is the average for the month). We also find out how the early Easter impacted the market, trends by age (older cars under pressure), sector (upper-medium the biggest faller) and fuel type (EVs still leading drops). 
 
Plus his thoughts on how May could pan out and more!
 
#AllTheChatterThatMatters with Philip and Curtis.
 
#automotive 

NEW POD ALERT! Don't miss our latest Motor Trade Radio Supplier Special with Maarten Bekkers, Founder of AutoChat. Maarten joins Curtis and Philip to talk about how his business is using AI technology to help dealers automate elements of their customer contact and achieve better results with less manual effort.
Already used by dealer groups across Europe, Maarten tells us about how this cutting-edge tech is being rolled out in the UK and how car retailers are improving customer satisfaction through automating some of their lead management processes.

HEADLINES POD! All the week’s big car retailing stories on the Motor Trade Radio podcast, powered by MOTORS.
📢 Inchcape to exit UK dealer sector following sale of retailing business to Group 1
📢 Are used electric cars finally reaching price parity with ICE, INDICATA says they are
📢 cap hpi encourages independent dealers to stock EVs
📢 Dealers signal growing anti-agency sentiment amid manufacturer u-turns
📢 Greenhous group launches prestige multi-marque used car business
Plus Maarten Bekkers, founder of AutoChat, on how dealers can use AI to improve customer satisfaction.
Plus #AllTheChatterThatMatters with your co-hosts Curtis and Philip