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Endeavour Automotive will unite Volvo and its performance electric vehicle (EV) sister brand Polestar at a new £6 million North London dealership which will also double as its new HQ.
The automotive sector will be able to “grow and thrive” despite a whole list of issues facing the sector in a challenging 2023, the Vehicle Remarketing Association (VRA) has said.
Endeavour Automotive taken its Hyundai representation to seven locations with expansion in East Anglia through the acquisition of car retail group Turners.
Volvo has opened a new boutique-style showroom in Brent Cross Shopping Centre, to showcase its new electric models.
The benefits of an agency-style model, where the new car journey is managed online and manufacturers pay a handling fee to retailers, largely outweighs the disadvantages, according to senior executives at dealer groups already experiencing mixed commissions at work in their businesses.