The pressure continues to build on older models, but as the summer used market doldrums continue the supermini sector is being hit hard, too. Over the first six months of 2004 there has been a decline in value of 13% in a sample of six benchmark cars.
Carlos Ghosn, president and CEO of Nissan motor company, will give this year’s Automotive Academy annual lecture.
Volvo has announced that its worldwide sales have increased by 11%
Labour rates at Mazda franchised dealers have been found to be the lowest in the country for the second year running.
Honda has achieved its best ever car sales performance in the UK nudging 50,000 units at the half year point. This represents a gain of 13% over the same period last year, and is equivalent to 15 months worth of Honda car sales a decade ago.
Kia’s market share in June reached a record 1.51% with sales exceeding Suzuki, Rover, MINI, Jaguar/Daimler, Hyundai, MG and Seat.
BMW has taken pole position in the luxury car market for the first time in seven years, beating German rival Mercedes in global sales for the first six months of 2004.
The DSJ Group has become the new corporate holding name for Premier Supply, Elite Oil, Premier Propshaft and SOC Autoparts.
Honda has launched its new FR-V people carrier
PSA Peugeot Citroën has reported a continued sales growth for new vehicles sold in the first six months of 2004, with 1,743,000 units sold worldwide - a year-on-year increase of 3.2%
AA Tyre Fit – the AA’s mobile tyre fitting operation - has won the contract to supply replacement tyres to vehicle rental company easyCar
Seat will continue its
Reg Vardy has reported record profits for the last financial year.
The AA Motoring Trust has voiced its support to the 'pay-as-you-go' toll road the Government announced today - but only if the billions of pounds that motorists already pay in road and fuel tax are ring-fenced and reduced.
The June 2004 new car market was the second highest June on record with 239,077 registrations.
Renault has today announced worldwide sales growth of 6.5% for the first half of 2004, claiming a market share increase to 4.3%.
The Government has today announced plans to build a second toll motorway linking Birmingham and Manchester.
Glenvarigill Motor Group has sold its Porsche, Ferrari and Maserati dealerships to Sytner Group plc as part of its long-term strategy for restructuring the business to focus on fewer marques that will deliver growth.
The Government is being urged to give financial incentives to encourage consumers to drive more environmentally friendly cars.
Mitsubishi Motors Corporation has appointed Tim Tozer as President and CEO of its Amsterdam-based subsidiary Mitsubishi Motors Europe B.V. (MME), effective September 1, 2004.
BMW has announced details of the forthcoming X3 two-litre diesel engined model. Available in standard and SE models, the X3 2.0d will be available in October 2004 priced from £26,175 OTR.
Toyota and Shell Gas and Power today launch a trial of Shell Gas to Liquids (GTL) Fuel in a fleet of 10 Toyota Avensis cars equipped with D-CAT emission reduction technology.
The trade value of an average three-year old used car has fallen by 5.2%, or £440, since the end of March, according to the latest quarterly Glass’s Car Market Index report
BMW has announced the introduction of the new 630i in UK, going on sale in September
Volkswagen has launched a number of enhancements to its Lupo, Polo, Golf, Bora, Beetle, Passat and Sharan ranges.
The UK is unaffected by the global recall by Honda, of 640,000 vehicles after suspected defects within transmission and fuel pump systems were spotted in tests. The move will cost the company an estimated $75m (£41m).
Seat UK has made changes to the line up and prices of its best-selling model, the Ibiza.
New insurance regulations coming into force next year are being used by some vehicle manufacturers as a way to increase control over motor retailers, warns the Retail Motor Industry Federation (RMI).
Hyundai Motor Europe has announced sales of 30,750 units in June, an 18% increase year-on-year
