The quantity of supplier shops across Europe fell in 2022, marking the 14th consecutive yr of decline .
That is a key finding of the European Motor vehicle Distribution Handbook, generated by ICDP, which outlines the sizing and form of franchised dealer networks every calendar year throughout Europe.
The report, up-to-date for 2023, incorporates information of the name and possession standing of profits businesses, the range of person traders that have dealerships, and the number of retailers and their perform, split in between profits and aftersales networks, for a overall of 40 brands throughout 38 European markets.
ICDP mentioned that agency continues to be a key subject matter in the field but there was now “relatively minor genuine experience of agency” in procedure.
It said this will adjust around time as far more planned agency conversions arrive at the rollout phase. In the British isles Mercedes-Benz switched to an company design in January 2023.
The major movers in Europe have been Stellantis and its restructuring of its brand name networks and the swift growth of MG Motor, winner of the Carmaker of the Year Award at the Motor Market Awards in 2022.
ICDP reported that European provider network figures enhanced for the first time in above a 10 years.
