Articles by Tim Rose - Page 19

Car dealer groups and the wider motor retail sector are being urged to help fill a record number of job vacancies in UK automotive by proudly demonstrating 'There's "More To Motor" than many people's preconceptions.

Sales of new cars across Europe last year reached 12.79 million units, precisely three million below the 2019 peak but the highest result since the COVID pandemic.

Yorkshire-focused AM100 dealer group DM Keith has acquired car and motorcycle dealer group Colin Appleyard, adding four Suzuki dealerships at Bradford, Keighley, Huddersfield and Ashton-Under-Lyne.

Former V12 Vehicle Finance executive Ciara Raison has joined Oodle Car Finance as its chief commercial officer.

Cazoo has responded to claims that it could be in administration at the mid-year point by outlining the "evaluation" of its future options.

The backlog of customers' Jaguars and Land Rovers still awaiting parts to get them back on the road is now down to below 2,000 and the bottleneck is "mostly through", according to JLR's chief executive.

Consumer champion Martin Lewis has launched a free tool for consumers to use in logging a complaint about discretionary commission agreements (DCAs) in their car loans.

Arrival, a UK-based start-up which hoped to launch electric vans, has called in administrators from EY after it became insolvent.

A boost to finance offers on the Hyundai Tucson hybrid SUV range is hoped to tempt more private buyers into Hyundai dealerships ahead of the 24-plate change in March.

The Serious Fraud Office (SFO) is prosecuting former company directors Reginald Larry-Cole and Scott Martin for fraud in relation to the nationwide car leasing scheme, Buy2Let Cars, which attracted hundreds of British savers to pay in around £88 million.

Fleet and business orders accounted for almost two in every three new car registrations in January, when the month's market ended at its highest level since 2020.

Former Marque Group Solutions executive Andy Donaldson has been hired by Marketing Delivery to the newly created role of consulting sales director.

ITV's coverage of the Guinness Six Nations rugby union tournament will again be sponsored by used car marketplace Motorway, for the third consecutive year.

Volvo Cars reports that its gross profit margins on its electric cars increased fourfold during the second half of 2023, contributing to a record trading year for the company.

Today is the date that the deal between America's Lithia and Driveway and AM100 dealer group Pendragon is expected to be completed. leaving Lithia in charge of nearly 200 franchised dealerships in the UK.