Cambria Automobiles could be trading as a private company by July 29 after a timeframe for the proposed management buy-out by chief executive Mark Lavery was decided this week.
Vertu Motors shareholders voted 32.4% against the remuneration and bonuses of the PLC’s leadership team in a show of dissent against the payments.
Audi has said that all new car launches will be electric vehicles (EV) from 2026, with its final internal combustion engine (ICE) set to go into production in four years’ time.
Sytner parts advisor Samantha Anscombe has become the first ambassador for the National Franchised Dealers Association’s (NFDA) Drive My Career campaign.
More than 2.9 million vehicles on UK roads could have potentially dangerous faults according to an investigation which found one-in-seven MOT passes should have been failed by testers.
The Mercedes-Benz GLA Class compact SUV topped the rankings of the fastest-selling used cars advertised on Auto Trader as dealers continued to see a reduction in days to sell.
Vertu Motors PLC has upgraded its pre-tax profit forecast for 2020 to £28 to £30 million – above current market expectations.
Marshall Motor Group is issuing its 4,000 staff a one-off cash "loyalty" bonus and a backdated pay review after outperforming the market as it emerged from a COVID-hit 2020.
A 21% rise in finance applications was not what Alphera Financial Services head Preston Rogers anticipated when he was tackling the fall-out of COVID-19 in 2020 – but that is what the business delivered.
Aston Martin is set to take a Swiss car dealer to court over allegations that it withheld customer payments for its flagship £2.5 million Valkyrie hypercar.
Hybrids are emerging as the growth fuel type among used car buyers researching their next vehicle purchase online, according to research from Buyacar.
Peugeot has showcased its new design language in its new 308 SW estate car, which is set to arrive in UK showrooms early next year.
Kia has struck-up a partnership with Uber in Europe as part of a bid to grow its annual electric vehicle (EV) sales to 880,000 by 2030.
Cumbria sports car retailer Parker & Parker has completed the construction of its new £5 million Porsche Centre South Lakes dealership.
Car buyers have been warned to be on their guard as Trading Standards track a bogus online retailer demanding full payment to secure next day delivery of vehicles which never arrive.
