Ron Brooks Toyota in Ilkeston was top of the pops when it landed a BRiT award as Toyota GB’s retailer of the year.
Wholesale used car prices rose by 0.5% month-on-month in February as car retailers continued to express their concerns about margin compression, Cox Automotive reported.
The Chancellor of the Exchequer, Phillip Hammond, failed to deliver any clarity for the fleet and leasing industry over future tax rates during his annual Spring Statement.
Volvo Cars has introduced a direct consumer business arm as part of an executive restructure designed reshape “what a car is, how people expect to be transported and how they interact with a car”.
Online searches for diesel vehicles on Auto Trader declined to just 42% in February following a “precipitous” decline in popularity for the fuel type over the past two years.
Jaguar Land Rover is recalling 44,000 vehicles for repairs after the discovery excessive CO2 emissions may be produced by diesel-powered models.
Car parts will not attract an import tariff if the UK Leaves the EU under a ‘no deal’ scenario, scrutiny of a 1,477-page hard Brexit plan has revealed.
Marshall chief executive Daksh Gupta said that the group is well-placed to make “another Ridgeway-style acquisition” as he highlighted a strong balance sheet amid 2018 financial results which revealed a 2% decline in turnover.
Lookers recorded a 9% decline in pre-tax profits despite growth in aftersales and used cars as WLTP impacted new car supplies and economic uncertainty impacted consumer confidence in 2018.
Infiniti will withdraw its manufacturing and sales operations from the UK in 2020 as it targets electrification and growth in Western Europe, China and the US.
The Volkswagen Group has revised plans for its electric vehicle (EV) revolution with a new projected target of launching 70 zero-emission products by 2028.
Honda UK managing director David Hodgetts has conceded that the closure of the brand’s Swindon manufacturing facility could impact the brand’s sales.
Pendragon’s profit before tax total slipped to a £44.4m loss in 2018 as revenues declined by 2.4% to £4.63bn in its annual results to December 31, 2018.
Brexit could cause the closure of up to 1,000 vehicle repair outlets within a fortnight of Britain’s departure from the EU under a ‘no deal’ scenario, a meeting of the sector’s providers has suggested.
Tesla has halved the number of stores it plans to close as part of a cost-cutting drive which would help it fulfil a $35,000 (£26,975) price promise for its Model 3 EV saloon car.
