Kia’s ambitions, used car stock insights, Vauxhall Astra tested – AM magazine’s April issue is here

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AM April 2022 magazine coverThe April concern of AM journal is right here in digital format, bringing you insights into how sellers are adapting their stocking insurance policies within the supply-constrained used automobile market, an unique interview with Kia UK’s leaders and the total record of finalists for subsequent month’s AM Awards.

Kia’s chief executive Paul Philpott and marketing director Sanka De Silva define the model’s new CI and shift to extra standalone showrooms and the way it turned the UK’s market chief by quantity in Q1 2022 as different carmakers struggled with provide constraints.

Manufacturer finance support for electric cars comes underneath the highlight, and a deep dive into the findings of the IMI’s Diversity Task Force highlights the need for rapid progress to attract a broader range of recruits and rebalance motor retail’s workforce.

There’s greatest follow advice for dealers on meeting the expectations of corporate customers from Paul Hollick, chairman of the Affiliation of Fleet Professionals, and the record of finalists for the May 12 AM Awards is confirmed.

We overview the new Vauxhall Astra, and Tracy Ellam at LSH Auto UK talks about how it’s getting ready its methods and processes for the brand new company mannequin contracts coming from its franchise accomplice Mercedes-Benz.

 

Editor’s Letter

I noticed a LinkedIn submit just lately from Suzuki GB boss Dale Wyatt the place he identified that ‘a rising tide lifts all ships’.

The document earnings many supplier teams are reporting from 2021 deserve celebrations. But it surely was in an appreciating used automobile market the place little might go fallacious, whereas retained margins on new gross sales stayed robust resulting from demand exceeding provide. Many shoppers and companies, battered by coronavirus lockdowns, needed to purchase vehicles as a small reward.

“I concern that when the tide turns some others that haven’t adjusted the enterprise mannequin and strengthened the stability sheet could also be in for a shock,” Wyatt warned.

Now I’d be boasting to assert that ‘nice minds suppose alike’ and put myself on the identical degree because the revered veteran Wyatt. But after we deliberate our Stocking For Success highlight for this concern we knew it could be prudent to assist put together AM readers for that turning tide.

With the numerous headwinds rising this 12 months, motor retailers will want monetary reserves, course of evaluations and agency resolve to maintain the enterprise ship-shape sooner or later.



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