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.
If you want to be in with a chance, you have until midnight tonight to finalise and submit your entries to the 2024 AM Awards. Yes, it's deadline day!
The boss of an independent garage appeared before magistrates charged with drink-driving while on a "road-test" of a customer's Audi A5 coupe.
Former Vertu Motors divisional fleet sales director Damien Rigby is one of several new appointments to strengthen Kwik Fit's focus on fleet customer service.
The AM100 dealer group Inchcape Retail UK is up for a takeover.
US electric car brand Tesla is planning to fight back against emerging lower cost Chinese EVs with the launch of a new entry-priced model from 2025.
The Financial Conduct Authority has just told AM it has "no intention of banning GAP Insurance", in response to unsubstantiated reports that the product must be scrapped this year.
The Nissan division of Eastern Western Motor Group has implemented a management restructure, including the appointment of new general managers and service managers.
The founder of Vanarama, which was acquired by Auto Trader in 2022, has hinted that he's set to help other entrepreneurs tackle digitalisation, scaling up businesses and fostering healthy corporate cultures now that he has ended his garden leave.
Dacia UK is hoping a new lease product, 'Flex', will tempt its Duster buyers into taking two bites of the cherry in 2024, by allowing them to minimise their commitment to long-term vehicle ownership.
Ambitious Chinese car brand Omoda is set to launch within weeks and its management team is already setting sales expectations that would overtake established brands Citroen, Mazda, Dacia and Seat by just its second year.
The Financial Conduct Authority has appointed a third-party independent expert to consult with car loans firms as the regulator progresses its review of historic discretionary commission arrangements.
Members of the Eurorepar Car Service network will be gearing up to target owners of hybrid and electric vehicles from later this year.
There is now less than two weeks remaining until the January 31st deadline for entries to the 2024 AM Awards, the most prestigious accolades for UK car dealers, OEMs and suppliers.
