BLOG Cyber fraud, Top dealers, MT Retailing EXPO 2023

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Knowledge safety is a big challenge for all sellers and rising quick up the agenda for administration. This month we report on a well-chronicled case, that of Arnold Clark. It’s not  alone. Different vendor teams, together with Pendragon, have been focused. This shall be a key space of debate on the Motor Retailing EXPO going down at Silverstone later this yr. Motor Dealer plans a key session on the subject with enter from sellers who can share their expertise and greatest follow so the sector as an entire can profit. Cyber-crime is the widespread enemy of all sellers, no matter dimension.

This month we publish the Motor Dealer Prime 200 Seller Teams. It makes for constructive studying. Seller profitability has grown over the previous yr. The return on gross sales on this MT Prime 200 has accelerated to 2.87% and turnover has recovered to near-2019 ranges. Mixed MT Prime 200 turnover is up 18% to £75.1bn, which is nearly again to the 2019 pre-lockdown turnover of £76.6bn. The variety of folks employed within the sector, nonetheless, is down for the third yr working.

This month we publish the shortlist for the Motor Dealer Impartial Seller Awards, that are going down on 6 July 2023 on the Eastside Rooms, Birmingham. Our congratulations to all the businesses within the listing. Judges shall be working the rule over the entries over the approaching weeks within the lead as much as the award occasion.

Lastly, a word on Ron Brooks, the group featured in our Seller Perception this month. It has grown income, turnover and general automobile gross sales in 2022. Group supervisor of technique and innovation, Tom Slack, spoke with Motor Dealer on the altering used automobile market, competing on-line and the challenges forward. The group has been capable of carry out persistently following the COVID-19 pandemic, growing its used enterprise to profit from the buoyant market.

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