The Society of Motor Manufacturers and Traders (SMMT) has highlighted a “failure to make back spring Brexit shutdown losses” despite a 3.3% growth in UK car manufacturing volumes during August.
Cap HPI’s live used vehicle valuations have recorded their first average value growth figures for 18 months.
Carwow has reported a £15.9m pre-tax loss for 2018 less than a week after it called for investment from car retail partners as part of a new crowdfunding initiative.
Ancaster Group will take on the franchise for Hyundai Motor UK’s former Rockar-operated store at Bluewater Shopping just over a month after Motorline announced its departure from the site citing viability concerns.
Dealtrak has added to the nine appointments and promotions announced in June with the addition of four new members of staff as it aims to ‘bolster its in-house expertise’.
Lookers has completed its development of Teeside’s first-ever FordStore in a £3m renovation and extension project at the former Jennings Group site.
Volkswagen Group has branded allegations that chief executive Herbert Deiss and chairman Dieter Poetsch were guilty of market manipulation in connection to the dieselgate scandal as “groundless”.
The Leon is still a practical option that should remain firmly on buyers’ consideration lists
Jardine Motors' commercial director will lobby Government on electric vehicle issues in his new role as the first chairman of the National Franchised Dealers Association’s (NFDA) dedicated EV Group.
Shelbourne Motors has opened its new £5m multi-franchise complex, adding Renault, Dacia and Kia retail outlets to its business in Newry.
BNP Paribas Personal Finance has teamed up with Arval to offer UK car retailers a “one stop shop” vehicle stocking product which will allow traders to purchase and finance used stock at the same time.
MG Motor UK has extended its ‘MG Grant’ customer offer which makes its debut electric vehicle (EV), the ZS EV, available from £21,995.
Peter Vardy has revealed that it expects to complete 50% of its car sales online by 2023 after crediting a focus on used car sales and aftersales for profit growth in its 2018 financial results.
The Toyota Corolla Touring Sports has received a rugged makeover with the addition of a new Trek trim level created in partnership with Trek bicycles.
Representative from the industry bodies behind Europe’s automotive manufacturing sector have united in their efforts to deter the UK and EU from allowing a ‘no deal’ Brexit to go ahead.
