Car retailers face big changes, deep cuts to regain profitability

Simon Dixon, center, founder of UK-based digital car retailer Rockar, makes a point during a panel discussion on the future of auto sales at the Automotive News Europe Congress last week in Birmingham, England. Dixon was joined on the panel by, from right, Peter Fuss, EY's senior advisory partner automotive; Horst Hanschur, Audi's director of sales strategy and retail business development; and Steve Young, managing partner at ICDP. Automotive News Europe Managing Editor Douglas A. Bolduc, far left, moderated the discussion. (Edward Moss/Edward Moss Photography)

June 18, 2015 05:00 AM

BIRMINGHAM, England – Dealers can’t make money by solely focusing on new cars any more, Audi’s director of sales strategy and retail business development says.

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U.S. to reduce tariff rate on most U.K. vehicles to 10% as part of trade framework

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