The strength of Europe’s car retail revival was enough to override the UK’s decline as registrations across the region rose by 3.1% to 15.6m units during 2017.
Big Cars has ceased trading with immediate effect, closing the doors of its used car dealerships and laying off staff a decade after it was founded by entrepreneur Adam Stott.
Halliwell Jones has applied for planning permission to develop a new BMW and Mini dealership in Wilmslow – bringing together two existing franchised sites.
A £3.4 million Pagani Zonda supercar is at the heart of a legal battle between its tycoon owner and the London-based dealership which sold the car.
Mercedes-Benz Financial Service has appointed Nick Andrews as its new commercial vehicles director on the back of a record year of lending in 2017.
Heritage Automotive has been named as Volkswagen UK’s number one franchised vehicle retailer at the German manufacturer’s annual One Business Awards – marking an impressive turnaround for the group.
The rejection of car ownership is likely to become the “new norm” according to a government report which has highlighted the falling number of teenagers getting behind the wheel.
Vertu Motors chief executive Robert Forrester has said that the group will be considering how it can best "deploy capital" to drive growth in 2018 following a trading update which revealed a new car sales decline of 15.7%.
Jardine Motors Group has opened its new 3,136 square-metre Porsche Centre South London following a soft-launch pop-up store at the Bluewater shopping centre.
Stoneacre Motor Group has reported that there is “ample opportunity for growth” after group turnover rose by 28.5% and pre-tax profits by 29.5% during its 2017 financial year.
A record week of used car trading got 2018 off to a strong start for BCA as the remarketing specialist experienced increased buyer demand in strong New Year trading.
The Motor Ombudsman has demonstrated a commitment to its workforce by achieving Investors in People Silver standard – putting it in the top 13% of Investors in People-accredited businesses in the UK.
PSA Group has said that it intends to “rebuild the industrial performance” of Vauxhall’s UK factories in conjunction with the Unite union following a meeting between the two organisations.
The National Association of Motor Auctions has reported that used car prices rose by 2.4% as average mileages fell by 0.8% at auctions during December.
Jaguar Land Rover is preparing to scale back production of its Discovery Sport and Evoque models at Halewood manufacturing plant – blaming faltering consumer confidence in the UK.
