Land Rover has recognised the best dealerships from with its franchised retail network with the presentation of its annual awards.
The average price of a used car reached its second-highest level on record for remarketing specialist BCA as demand remained high across its 24 auctions centres and online platform during February.
A cross-party group of MPs has called for car manufacturers to fund a new Clean Air Act which would “enshrine the right to clean air in UK law”.
The Financial Conduct Authority has said that it will continue investigations into the “risk of harm” posed by motor finance, with its final findings expected to be delivered in September.
Arnold Clark has gifted a recently bereaved family a brand new Ford Focus ST-line after its intended recipient passed away ahead of its collection from the Glasgow dealership.
Aston Martin has promoted its director of brand strategy Gerhard Fourie to be director of marketing and brand strategy role in a restructure which also sees Kevin Watters become director of communications.
Aston Barclay has unveiled plans to expand its Westbury auction facility with the creation of a second hall after Wessex Garages and MotoNovo became new vendor customers at the site.
Jardine Motors Group HR director Clare Martin has warned that the issue of automotive skills shortage “will widen” with the increasing demands of technical expertise in dealership workshops.
MotoNovo Finance has celebrated a 94.5-out-of-100 rating average from almost 290,000 car buyers who have rated its funding product.
Marshall Motor Holdings has reported a 19.5% increase in turnover and a 14.4% rise in underlying profit before tax in a set of annual financial results hailed as “excellent” by chief executive Daksh Gupta.
The Chancellor of the Exchequer vowed to champion “the great British white van driver” with a review of VED rates and brought forward the business rates review in his Spring Statement 2018. In a speech in the Commons which laid out GDP growth and reducing debt levels predicted by the latest OBR reports, the Philip Hammond said that he aimed to “champion business” with the measures. Addressing the house, he said that a review of business rates would now take place in 2021 in a move that would also usher-in “triennial reviews from then on”. He said this came on top of a review of business rates, which resulted from the Autumn Budget, which he claimed would reduce rates for small business by over £10 billion. An £80 million fund was also announced to help small businesses in their recruitment of apprentices in light of the introduction of the Apprenticeship Levy last year. Mr Hammond said that the move had come in recognition of the “changes the system represents”. In a move that the chancellor would “help the great British white van driver”, the Chancellor said that a review of VED road tax would look to bring in a reduction in expense for the greenest commercial vehicles. The OBR’s latest predictions for economic growth in the UK were revised up from 1.4% to 1.5% for 2018, with 1.3% growth in 2019 and 2020 before a rise to 1.4% in 2021 and 1.5% in 2022. Paul Johnson, at the Institute for Fiscal Studies, moved quickly to dispel any suggestion that the revised forecast was worthy of celebration, however. In a Tweet posted during the Chancellor’s speech, he said: “Against a long term trend of at least 2% a year growth, after poor growth since 2008, and compared with growth across rest of OECD, these are not encouraging forecasts.”
Vertu Motors has delivered recognition to its “huge amount of talented game changers” at its annual CEO Awards.
A CarShop survey aiming to deliver insight into the attitudes of women to the car buying process has found that many are at ease with entering a showroom, but do not like to engage in negotiations.
New epyx managing director Aditya Varadpande has said that he will “build on the company’s achievements” to drive growth for the motor industry e-commerce specialist.
Two automotive retailers were named in the Government’s latest list to name and shame employers that failed to pay the legal minimum wage.
