Peter Vardy’s AI investment, profitable used models and the car dealer group sold to staff

The Car Dealer headlines that have caught my eye this week and what they mean to the industry

Welcome to another round-up of the week’s biggest headlines and a few things I’ve heard while doing the automotive rounds.

This is the Car Dealer Briefing – a weekly digest from me, the editor-in-chief of Car Dealer Magazine – to help you stay up to date with the headlines you need to know.

This week I’m taking a look at Peter Vardy’s investment in an AI firm, spot an opportunity for car dealers thanks to annoying speed limit warning systems and ask why the new Ford Capri has gone down quite so badly.

Also featured in this week’s briefing are:

• HMRC naming and shaming dealers

• CarSupermarket.com’s profits

• Cazoo’s big debts

• MOT skippers

• Gravell’s performance

• Tyre refund claims for dealers

• Profitable used cars

• And Dacia’s three star rating

And also, while I’m here, a quick plug. On September 4 we’ll be holding an industry social gathering for the motor trade – it’s called Car Dealer Podcast Live. 

You’ll see us record a podcast with some special guests and be able to join in, but the real attraction is a get together with like minded people, a bar, a hotel so you don’t have to worry about getting home, and some barbecue food. 

You can book your tickets here.

Ok, let’s get into the headlines and my take on the week. To read this weekly briefing, you need to be a subscriber on Substack and by clicking the link below you can find out how.