News - Page 1089

Motor finance firms need a new approach to underwriting because the historic “one size fits all” no longer works, professor of automotive management Peter Cooke.

Broughtons has opened its fifth dealership – a Spyker, Koenigsegg and Zagato showroom in Cheltenham.

No economic revival is predicted by experts until 2010 at the earliest.

Kwik-Fit Fleet’s new £10 million national distribution centre has had a specially installed machine to shred the six million tyres removed from company and privately-owned cars and vans.

BMW’s 6-series will now be offered with an optional sport pack on all non-M derivatives.

HM Revenue & Customs has set the deadline of March 31, 2009, for dealers' submissions of claims for overpaid VAT on demonstrators.

Workers at Ford's Southampton assembly plant, which makes the Transit, fear the next model due in 2010 could be built elsewhere.

Peugeot has introduced a standard to identify the greenest cars in its range.

Nissan has appointed Tony Lewis as its new LCV sales and marketing director to push its commercial vehicle operations.

Hyundai has reduced the price of its Gets supermini by £1,610 or 20%, which means the range now starts at £5,995.

The results of a road survey by the RAC gives even more weight to arguments for dealers to get involved in tyre fitting.

Audi’s refreshed A3 Cabriolet range can now be specified with Volkswagen Group’s park assist, the automatic parallel parking system.

Activist wants new management team to run company.

Vertu Motors has maintained double digit growth in like-for-like new retail and used car sales in the first four months of the year ending June 30.

Brian Carte has stepped down as chairman of Caffyns due to health reasons.

Goodyear Dunlop Tyres UK has admitted health and safety breaches which led to a Birmingham employee receiving a broken rib.

IFR Automotive is looking to sign up a network of international dealers to sell its Aspid supercar.

Dealership moves showroom to city centre location.

Tesco is dipping its toe in the new car retail business with a leasing service for its employees.

Suzuki is launching a contract hire and leasing operation in 35 of its dealerships.

Aston Martin has posted the first picture of its new supercar codenamed One-77.

The Health and Safety Executive has prosecuted a Hampshire company which ignored an engineer's request to change roles after his health suffered from exposure to vibration.

Drive-through service and MoT business In ‘n’ Out is around 12 months behind schedule in its plans for expansion.

Daihatsu is launching a ‘national cheaper motoring campaign’ to highlight the low running costs of its cars.

Volkswagen Financial Services (UK) has reported record sales growth by lending £1 billion so far this year, five months ahead of target.

More than half of service advisers get less than the industry-recommended minimum of five days’ training a year which affects dealer profitability, according to research by Castrol Professional.

Motor Codes has announced the service providers for the new Motor Industry Code of Practice for Service and Repair, ahead of the consumer launch on August 29.

Dealer awards, Mastretta MXT launch date, Michael Portillo is guest speaker and BEN concert.

Nick Whale Group will take over responsibility for Ferrari in central England on August 4, following the closure of Pendragon-owned Stratstone Ferrari in Little Aston, Sutton Coldfield.

Manchester franchise closed after receivers called in.