BCA Europe sold 23 cars, worth £200,000, to buyers at the Fleet Show using daily Live Online auctions. The Fleet Show was the first time BCA has used Live Online in an 'open sale' format, rather than carmaker to dealer network.
Remarketing firm GRS is urging dealers to add light commercial vehicles to their range of used stock after securing a deal to supply used Fiat Scudo and Ducato vans. It believes dealers have an opportunity to boost profits by taking advantage of growing consumer demand for used vans.
As predicted last month, retail demand has remained steady and trade prices largely followed suit, although we are beginning to notice a slight slow down in trade buying activity.
Despite uncertainty surrounding issues such as the future shape of new car retailing, the all-new registration plate system being introduced in September and wider issues like the election, dealers remain bullish about the prospects for the used car market.
Seat has appointed a new chief designer, Brit Steve Lewis.
Audi will increase the number of company-owned, independently run dealerships from 20 to 35 during the next three years, according to UK director Kevin Rose.
The latest auction prices from BCA, Manheim and Premier Motorauctions Leeds
Inchcape Retail is on the acquisition trail with the buyout of the Hancock Ford dealership in Farnborough from the receivers and the purchase of the Volkswagen businesses in Bridgnorth and Telford from the Enterprise Group.
Peugeot dealer Fussell Wadman Ltd is relocating to new £1 million showrooms and workshops at London Road, Devizes.
The Society of Motor Manufacturers and Traders is sticking to its forecast 2.25m total of new car registrations for the year despite April's 7% year-on-year increase.
Quicks Group chairman Michael Moore today described trading in the first quarter of 2001 as satisfactory, with sales up and group profits growth in line with company expectations.
A new online payroll service for the motor trade has been launched, called Wagemail.
Jaguar Financial Services has combined with Norwich Union to launch a motor insurance plan for all Jaguar drivers.
Tom Buehlmann, marketing director for online car retailer OneSwoop, is leaving the company today after 15 months.
The SMMT's second e-business seminar is being held at Coventry University's Technology Centre on July 4.
The motor industry's first paperback guide to new car pricing, 'The Car Price Check New Car Transaction Price Guide', has been launched by Autohit.
Listers of Coventry is the only dealer group in the Sunday Times' poll of Britain's fastest profit-growth companies.
Toyota has warned of high losses in the UK this year amid continuing currency and new car pricing pressures.
MG Rover has confirmed it is to take control of the Powertrain plant in Longbridge from BMW, enabling the company to produce its own engines as well as supply them to other companies.
A failure to prospect thoroughly – or at all- is at the heart of problems suffered by failing car dealers in the last year, according to research by Pinewood Computer Solutions.
Land Rover sales in April increased 46% year-on-year and so far in 2001 sales are up 9% on the previous year.
Benfield Ford and Citygate Colindale have made senior appointments at two of their dealerships.
Fiat Auto (UK) has just announced record parts and accessories sales during the first four months of 2001. During this period, year on year, turnover has increased by 12.5%.
Honda is to transfer Accord production from Swindon to Japan to make the UK plant the home of the latest Civic incarnation and the next generation CR-V.
Honda's £1m used car advertising campaign is likely to have little impact on residuals according to Cap Network.
Mitsubishi Motors today reported record losses in the last financial year, blaming a costly product recall after admitting it had deceived regulators on the number of defective cars sold to consumers for 30 years.
The Glenvarigill Porsche dealership in Bearsden, Glasgow, has been awarded Porsche Centre of the Year 2000.
Workers at Peugeot's Ryton plant today voted against strike action in protest at the latest company pay offer.
Ford Motor Company today announced the purchase of Warranty Holdings Group from Oman National Holding Company, a Middle East investment company.
Renault has announced prices for the new Trafic light panel van to be launched this summer.
