Car Dealer Podcast

Autotrader profits near £393m but admits Deal Builder roll-out hurt numbers
Ford outlines product offensive with five new vehicles including potential Fiesta return
Consumers can now search for their next car on Autotrader using ChatGPT
Car dealer Brindley agrees franchise deal to open its first Lepas showroom

Peter Vardy sells last remaining dealerships to Dutch dealer group Van Mossel
Peter Vardy’s CarMoney eyes expansion after sale to Japanese trading group ITOCHU
Vertu profits drop despite strong used car and aftersales performance
EV consideration hits record high as nearly one in four expect to make switch
Video: Used EV market rose in April as high petrol prices pushed buyers to electric
Lotus scales back pure-electric future – and announces new hybrid V8 supercar

Land Rover Discovery named Britain’s most unreliable used car as brand dominates list
Revealed: The used vehicles that even car dealers avoid buying at all costs
Blue Motor Finance ‘teetering on the brink of collapse’ with £50m redress bill – reports
Exclusive: Police investigating huge £10m ‘Ghost Car’ finance fraud after dealers ‘go rogue’
Nissan to close production line at Sunderland plant as part of Europe-wide restructure

In this podcast we explain how scammers have used ghost cars, rogue dealers and fake finance applications to take the industry for more than £10m.
In this special Car Dealer Podcast episode, James Baggott speak to finance brokers hit by the scam, including DSG’s Rob Woollen and Octane Finance’s Daniel Horner, who reveal exactly how the con works and find out why it’s been so hard to stop.
This is not a victimless crime. Dealers have lost their businesses, brokers have taken huge financial hits, and even genuine customers have been caught up in the chaos.
In this episode, you’ll hear:
– How ‘ghost car’ fraud actually works
– Why real customers are being used in the scam
– The role of rogue (and sometimes unwitting) dealers
– How criminals are exploiting the finance system
– The scale of the losses — and why it could keep growing
– What dealers MUST do to protect themselves
The Metropolitan Police has confirmed this is an active investigation — and this could be one of the biggest frauds the motor finance industry has ever seen. Join us as we explain how it works.

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Vertu Motors to receive £3.4m insurance payout after JLR cyber attack disruption
Volkswagen finally reveals its new electric supermini – the 282-mile ID. Polo