🤝 A1 Motor Stores has announced a partnership with global one automotive GmbH, an automotive alliance of trading groups. Effective 1st July, 2024, A1MS will become a shareholder of Global One Automotive. The decision to join Global One Automotive aligns with A1 Motor Stores’ commitment to "enhancing its presence and competitiveness" within the UK automotive aftermarket. 🗣 simon salloway, managing director of A1MS, said: “This new alliance underlines our ambition to strengthen our presence in the automotive aftermarket. Membership of Global One Automotive will empower us to support independent member businesses through increased competitiveness, best practices, and global market insights.” #PMF #A1MS #GlobalOneAutomotive #motorfactor #buyinggroup #automotiveaftermarket
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The next step for A1
We are delighted to announce that A1 Motor Stores (A1), a prestigious network of independent auto parts and accessory retailers headquartered in Hinckley, UK, will officially join global one automotive as a shareholder starting from June 30, 2024! Established in 1983, A1 serves independent motor factors and retailers, offering a wide range of automotive components and brands. A1 Motor Stores is wholly owned by its membership, with a focus on improving member profitability and brand visibility. Continuously growing since 1983, A1 has now become a fully-fledged automotive aftermarket buying and distribution group encompassing independent retailers and motor factors alike. A1 is renowned for its extensive network and exceptional service in the automotive sector. With their deep industry expertise and commitment to quality, A1 brings invaluable experience to our group. We are grateful for the trust and confidence placed in our group and look forward to a prosperous journey ahead as we continue to drive success together! WE ARE ONE. #globaloneautomotive #globalone #GOA #A1 #A1motorstores # A1MS #NewShareholder #CompanyGrowth #ExcitingTimes #GlobalExpansion #AutomotiveIndustry #WEAREONE #supportindependentretailers
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• Dealership News To Go • "For takeout and delivery" • Get the latest news on retail distribution every day To stay informed about the latest exclusive content from Automotive Retail Inside, make sure to follow us. Automotive Retail Inside is published by Managing Transitions Germany
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We all know dealers are crucial in the development of the automotive industry. And recent news highlights your importance! According to Steve Young from ICDP in Cox Automotive Europe's Insight Quarterly, the agency model debate and digitalisation might even strengthen your role. Learn more 👇
Dealers' choice – changes to the automotive industry can't leave retailers behind
coxautoinc.eu
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Mullen Automotive Hires New Distributor In Europe - What's Going On?: Mullen Automotive, Inc. MULN shares are trading … CEO and chairman of Mullen Automotive. GAMA’s initial vehicle order … commercial vans and trucks. Mullen Automotive said GAMA has expertise in … Utah Photo: Courtesy of Mullen Automotive, Inc. Market News and Data … #car #cars #awesome
Mullen Automotive Hires New Distributor In Europe - What's Going On? - Mullen Automotive (NASDAQ:MULN)
benzinga.com
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🚗 #ThursdayTrivia 🌟 Automotive Astonishment: The automotive industry has seen a massive expansion through franchising. Brands like Ford and General Motors have used franchising to build global networks of dealerships, changing how we access and purchase vehicles. This approach has been vital in shaping the modern automotive market! 🚘🌍 To learn more about how Escaler CRM can transform your customer relationships, visit us at https://ese.md/escaler #AutomotiveIndustry #FranchiseStrategy #Esemdee
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The results of the 2024 NFDA Consumer Attitude Survey are in! With 46% of motorists purchasing their vehicles from franchised dealers and an impressive 92% overall satisfaction rate, it’s clear that consumers continue to trust our members for their automotive needs. Discover more about what’s driving consumer confidence and the key trends shaping our industry: https://lnkd.in/e3WftynU #Automotive #CustomerSatisfaction #FranchisedDealers
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More than ever before: dealers are incentivized to perform warranty work on your car. Check this out — The labor rate that automakers pay to dealers for warranty work has doubled in the last 10 years. From 2015 to 2024, the average paid rate increased from $98 to $187. Takeaways? - Automakers are paying meaningful labor rates to dealers on warranty work they perform. - Dealers are more incentivized to prioritize consumer warranty work in the shop. A win-win for the car dealers and the customers. More insights from Withum here: https://lnkd.in/gvEVw3bX (Data via CDG Partner: @WithumCPA #withumpartner)
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🚗 Navigating the ever-changing landscape of automotive buy/sell dynamics is crucial for dealerships. Check out this really interesting article on the shifting trends from the CEO of DSMA - Valuations, Mergers & Acquisitions. At Tekion, we understand the importance of staying ahead in the industry. Our DMS revolutionizes dealership operations, providing the seamless integration needed to adapt and thrive. Read more about the future of automotive retail and let me know what you think! #AutomotiveInsights #TekionDMS #InnovationInDealerships
Excited to share the latest Executive Insights article featuring Farid Ahmad from Automotive News Canada! Dive into a wealth of industry wisdom and discover the trends shaping the automotive landscape. Don't miss out on this insightful read! #AutomotiveNewsCanada #ExecutiveInsights #AutomotiveIndustry https://lnkd.in/gQZZ_7jb
Dealers face shifting buy/sell dynamics: Insights from DSMA CEO on the landscape of automotive mergers and acquisitions in 2024
canada.autonews.com
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🚗 #ThursdayTrivia 🌟 Automotive Astonishment: The automotive industry has seen a massive expansion through franchising. Brands like Ford and General Motors have used franchising to build global networks of dealerships, changing how we access and purchase vehicles. This approach has been vital in shaping the modern automotive market! 🚘🌍 To learn more about how Escaler CRM can transform your customer relationships, visit us at https://ese.md/escaler #AutomotiveIndustry #FranchiseStrategy #Esemdee
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🚗 #ThursdayTrivia 🌟 Automotive Astonishment: The automotive industry has seen a massive expansion through franchising. Brands like Ford and General Motors have used franchising to build global networks of dealerships, changing how we access and purchase vehicles. This approach has been vital in shaping the modern automotive market! 🚘🌍 To learn more about how Escaler CRM can transform your customer relationships, visit us at https://ese.md/escaler #AutomotiveIndustry #FranchiseStrategy #Esemdee
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5moExcellent news!