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.
A 10-point motoring manifesto has been drawn up by the RAC Foundation which it wants all political parties to support in the run-up to the June 7 general election. The manifesto includes seeking Government support for an independent review of motoring costs across the board and for manufacturers to cut vehicle emissions.
After a storming first four months of the year, motor retailers probably could have done without the announcement of a general election. History tells us it will mean a slowdown in retail trade across the board but particularly in 'big ticket' items such as cars.
Banks and other direct lenders have started to move interest rates down again after a couple of months of relatively minor adjustments. They are confident there will be further base rate cuts in the medium term and that rates will remain low over the term of a typical car loan, around three years.
Strong new car sales, particularly to retail customers, have convinced carmakers to leave their existing finance plans in place for another month. There is some evidence of demand easing back but dealers say most buyers are happy that new cars are now good value and, more importantly, affordable.
Online Finance, the used car finance subsidiary of General Motors Acceptance Corporation (GMAC), has launched a web-based auction programme called On exchange, enabling UK dealers to purchase and sell used vehicles online.
