Wednesday 27 May 2009

Suzuki poised to gain dealer servicing market share

The car maker has joined forces with Motaquip and has launched a servicing program for all makes of vehicles. This is expected to help drive their servicing business forward and help to make up the shortfall in revenue due to the fall in new car sales.

Motor Traders are having to work harder to maintain their incomes in the current ecomonic climate. More car dealer networks are expected to diversify into this manner to try and whether the current trading conditions. To assist with falling revenues, iQuote Insurance can save you money on Traders Insurance. For a limited time we guarantee to beat your existing motor trade quote.

Whatever make of car you own the dealer will type your registration into a parts catalogue to access 6,700 models of vehicles and all their components. The scheme is expected to have a positive effect on workshop business throughout the Suzuki GB dealer network. To facilitate this scheme Suzuki have partnered with Autodata for the supply of technical data to the car dealer network.

Wednesday 20 May 2009

LDV will be making vans this summer

After production of vans ceased last month at the Birmingham based plant of LDV, subsequent to the company going into administration, it is expected that vans could be produced at the site again as early as July.

The Malaysian owners of the company (Westcar) with the help of the UK government and a £5 million bridging loan - are expected to resume production. This deal will safeguard jobs in the UK manufacturing sector at this difficult time.

LDV vans have been used extensively by Courier drivers for many years and have proved to be reliable workhorses for this purpose and a firm favourite with owner drivers. Whatever van you drive you can save money on Courier Insurance with a specialist Policy from iQuote Insurance.

The rescue package which has saved LDV from administration, should ensure a bright future for LDV. There are several low carbon emission vehicles being developed, which should place the company at the forefront of the commercial van sector. For Couriers this will be a double benefit of saving money on running costs and Courier Van Insurance with our products.

Friday 8 May 2009

OFT investigate the Motor Trade and used car sales

Due to the number of complaints from the public, related to used car market and the Motor Trade sector, the Office of Fair Trading is conducting a study set to complete by the end of 2009.

Within 2008 there were 68,000 complaints related to second hand car sales. The purpose of the OFT study will be to understand the reasons behind the high level of complaints and to assess whether the current legislation offers sufficient consumer protection.

Despite the beginning of the economic downturn in 2008, the used car market in the UK was worth £35 billion. It is in the interests of used car dealers and consumers that confidence is maintained in the market. The main areas of concern in complaints were defective vehicles, servicing and misleading selling.

For used car dealers, Motor Trade Insurance is an important consideration. If you are looking for the right cover for your vehicles, premises and indemnity cover - iQuote Insurance will save you money on Car Dealer Insurance.

Friday 1 May 2009

Motor Traders resilient despite the recession

In a recent survey of Motor Traders in the UK, over half were confident of their businesses position despite the tough economic conditions. Less than one in four had immediate fears about their ability to continue to trade and only 8% were considering leaving the Motor Trade voluntarily.

A significant number of Car Dealers sited the issues with gaining finance for both their customers and the businesses themselves as an ongoing issue. Although 70% of the respondents saw an increase in their used car business, which has gone some way to alleviate the issues with new car sales.

However since the introduction of the vehicle scrapping scheme last month in the budget, the balance is set to return to a more equal balance within the industry. The incentive of £2,000 to trade in your older vehicles is expected to drive sales of new cars.

Any increase in sales is welcome news for Motor Traders, further good news was announced last week by iQuote Insurance: Applying online for Motor Trade Insurance could save you up to 40% off your Motor Trade Policy until 31st May 2009.