MG Rover has begun insolvency proceedings, calling in accountants PricewaterhouseCoopers and has stopped production at its Longbridge plant.
Retail finance company Open and Direct is launching into the automotive market with a range of products it believes will widen customer choice and deliver increased profit opportunities for dealers.
Mercedes-Benz dealers will have yet another model to squeeze into their showrooms next spring when the six-seater R-class arrives in the UK.
ChryslerJeep dealers are expecting an increase in showroom footfall following the network’s promotional tie-up with the DVD launch of Disney’s animated film The Incredibles.
AM100 dealer group HR Owen has returned to profit following its £3.3m loss in 2003. The group’s financial results for the year to December 31, 2004, show a pre-tax profit of £0.5m from turnover of £687m, which has increased from the £534m turnover in 2003.
A UK TV first was witnessed over the Easter Bank Holiday when Ford launched an interactive advertising campaign for the new Focus estate.
The retail motor industry will hear a top-level briefing when one of the country’s top economists, Mark Berrisford-Smith of HSBC Bank, takes the stage at autoretailing 05, the AM/RMI Dealer Convention.
Delegates at autoretailing 05 can put their learning to good use by gaining a recognised management qualification.
Lexus has revealed its European growth plan, which will see it sell 65,000 units through 350 dedicated retailers within the next three years.
Kings, part of Sytner, is to open a new £2m Chrysler Jeep dealership in Swindon this week on the Drakes Way, next to its Mercedes centre.
Parts manufacturer Wagon has today announced that it has stopped supplying MG Rover because of doubts over the beleaguered car company’s ability to pay its bills.
Inchcape has announced the acquisition of the Robert Smith Group and its subsidiaries.
DaimlerChrysler shareholders have criticized company executives at its annual meeting for the recent earnings slide and quality problems at its Mercedes division.
Peugeot has announced its spring offers, which will include deals on 206, 307, 607 and 807 models.
The Society of Motor Manufacturers and Traders announced the appointment today of Konstanze Scharring as head of policy and economics
Subaru is launching a limited edition Forester with just 240 manual and 60 automatic versions available.
If there is one thing we like to think the British car industry is good at, it’s surviving. For us, triumph and disaster were equally rare impostors as we steered the path of mediocrity.
Prime Minister Tony Blair has told Parliament today “the Government will do whatever it can to save MG Rover.
Saab continued its UK sales growth in March, with an all-time record for the month of 4,265 sales, an increase of 37% over March 2004, making the UK Saab’s largest global market for the first time ever, overtaking the United States and Sweden.
Union officials have described yesterdays meeting with West Midlands MPs on the future of Ryton as constructive.
An open letter to motor traders.
New car sales were down 5.1% last month on March 2004, with 442,940 units sold.
New car registrations in Scotland for last month totalled 39,795 units.
The Government should abandon its £100m rescue package for MG Rover, even if it means 6,000 job losses, says a leading figures in the Institute of Directors.
Kia Motors UK is recalling 974 UK Sportage XS vehicles produced up to February 28.
List prices for volume-brand upper-medium cars have risen by 2.2%, year-on-year to the end of March, more than any other vehicle sector.
Suzuki has announced that its new Swift will reach UK showrooms on April 15, with prices starting from £7,499.
The future of MG Rover was hanging in the balance earlier this week as news emerged of its planned joint venture with Shanghai Automotive Industry Corporation (SAIC) stalling.
Porsche GB is planning to open the largest Porsche centre in the UK on a new site in Hatfield.
Transport Minister David Jamieson has announced he will be stepping down from the Government at the next General Election.
