Feeds

Big dealer flogs cheapo car imports on the Net

Rip-Off Britain under threat

  • alert
  • submit to reddit

Internet Security Threat Report 2014

A leading British car dealer is to flog cut-price imports over the Net. DC Cook, operator of more than 100 dealer showrooms in Britain, will work with Totalise, which already has an established car import business, to bring cars to the UK from Europe, where prices can be up to 40 per cent cheaper. This is another nail in the coffin for the car dealer franchise system, lovingly constructed by the major car companies over years and protected still by the European Union (its official sanction of restrictive distribution in the car sector will end soon). It is not a good time to be a motor dealer in Booming Britain, officially the world's fourth biggest economy, but a place where car sales are falling (down 11 per cent on last month). Punters have read the Rip-Off Britain articles in the national press (particularly the Sunday Times) and they don't want to pay British prices any more. It's not the car dealers who are making excess profits from British punters - for that we have to look to the manufacturers, who have been making some easy money in this country. Car dealers will find the going even tougher. New intermediaries - such as P&O, the shipping line - will deliver imported cars to British consumers' doorsteps, taking away the hassle and the paperwork, while delivering savings of thousands of pounds. OneSwoop, heavily funded, and now up and running despite a few glitches, and Virgin Cars, not out of the blocks yet, are also gunning hard for the new car business. As is Directline, the Royal Bank of Scotland subsidiary, which has signed up Dixon Motors (a big traditional dealer) to handle the fulfilment of its new online car sales business, which launches in the summer. According to RBS, 15 per cent of all new car sales in Britain will be made over the Net by 2002. But let's not forget the secondhand market: edfined.net is raising £10 million through an AIM placing in April, to take used car sales on the Net. DC Cook is fighting back: and so will other big traditional car dealers. This can only benefit British consumers. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Hey Brit taxpayers. You just spent £4m on Central London ‘innovation playground’
Catapult me a Mojito, I feel an Digital Innovation coming on
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
EU probes Google’s Android omerta again: Talk now, or else
Spill those Android secrets, or we’ll fine you
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.