Monday 14 March 2011

Electric Cars create new challenges to Motor Traders

Last week saw the launch of another electric city car, the Citreon C-Zero which are starting to prove popular with buyers in urban areas. The take-up of these new cars is expected to increase, with the current record highs in fuel prices. The trend towards Hybrid and all Electric vehicles provides challenges across the Motor Trade for Car Servicing, Repair and MOT stations.

Business that are slower to adopt with equipment and servicing plans for these greener vehicles will lose business to other better equipped centres. Whilst the numbers of these cars are still relatively small, the hybrid and all electric sectors of the market are growing rapidly.

Whilst in tough economic times it is difficult to invest in new equipment and training for staff to ensure they are fully equipped for electric vehicles, the question for Motor Traders will become - can I afford not to?

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Friday 11 March 2011

Buyer found for Auto Windscreens

The Windscreen repair brand, Auto Windscreens was placed in administration last month (February), when additional capitalisation for the business could not be found. A buyer has emerged for some of the companies assets and use of the brand name. Markerstudy Group a major player in the Motor Trade insurance market, has acquired the business assets from the previous owners a private equity firm.

In a press release from Auto Windscreens, the company strikes a positive note for a 'bright future' with the creation of 250 new jobs in the business. The intention is to compete as a major player within the UK windscreen market place. The Markerstudy Group currently employs 500 staff in the UK with head offices located in Kent.

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