Automotive recruitment experts RTS estimate that high staff turnover is costing the retail motor industry in excess of £113m, typically including advertising costs, lost productivity/sales, induction time and training expenses.
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Saab has confirmed its will be entering the small SUV market with the debut of its new 9-4X BioPower concept at the Detroit Motor Show.
Ferrari GB has launched its approved used car programme for models up to nine years old.
Mercedes-Benz has issued a personal apology to Sir Terry Wogan after the presenter waited six and a half hours for his S-Class to be recovered due to a flat tyre.
Tom Scott, owner of Jacksons CI in Jersey and Guernsey, is planning to use some of the money from the sale of his Mercedes-Benz dealerships in Poole, Dorchester and Salisbury to buy more mainland dealerships.
The Mini was the UK’s slowest depreciating car in 2007, according to Parker’s annual depreciation report.
Audi could introduce a 498bhp diesel engine to its R8 super car model.
South Wales-based group J & J Motors will open its new Fiat and Suzuki franchise in Bridgend next month, following the re-development of a brownfield site on the A48.
Phew! What a year that was – right up until the final day when Cambria swooped for Summit.
Several Subaru dealers have fallen out with importer IM Group over poor sales of the Impreza and their 2008 sales targets with some claiming they are terminating the franchise, according to the news story in the January 11 issue of AM.
Despite poor market conditions in 2007 – pressures from the credit crunch, the demise of Northern Rock and falling house prices – Black Horse remains optimistic about 2008 and the future of the point of sale market.
Cambria Automobiles has acquired 15-site Summit Auto Group from Japanese business enterprise Sumitomo for an undisclosed amount.
SsangYong’s new UK boss Paul Williams wants 3,000 registrations this year and makes 10,000 annual sales “a medium-term objective”.
Tata Motors, the lead bidder for Ford’s luxury Jaguar and Land Rover brands, has unveiled the world’s cheapest car called in a bid to get poorer families into cars.
The merger of Nanjing Automobile Corporation (NAC) into Shanghai Automotive Industry Corp (SAIC) brings together the assets of MG Rover under single ownership.
The British Vehicle Rental and Leasing Association has reacted spikily to EurotaxGlass’s claim that used car prices will take a £400 drop this year.
Dan Parnell has been promoted by CAP to the role of key account manager for the company’s finance customer sector.
Audi has revealed details on its most performance-focussed TT yet.
Motor warranty and insurance specialist Car Care Plan sold more than one million policies during 2007, the first time annual sales have topped seven figures.
Buyyourcar.co.uk is offering new car sales leads to dealers for £5 each through a free online service.
Former Inchcape managing director Graeme Potts has returned to car retailing with the acqusition of five Vauxhall outlets from his former employers.
Black Horse has announced that John Woolley will stepping down as managing director of motor and leisure finance at the end of March.
Devon-based Exway Coachworks Group, the independent collision repair specialists, has become the first British company to receive Thatcham BSI Kitemark (PAS 125) certification for all of its sites.
Bentley Motors has appointed Valley Forge UK to provide its dealer advanced apprenticeship programme for the next three years.
Seat has replaced its optional factory fit satellite navigation system with an improved system for the same price.
The Bank of England has held interest rates at 5.5% after lowering the figure in December.
Over half (54%) of the UK’s automotive industry directors are now under the age of 50 according to figures from Experian, the global information services company.
Manufacturers are still not doing enough to reduce carbon emissions. Average CO² performance in the car industry has only improved by 1.16% since 2006, according to www.cleangreencars.co.uk.
Škoda has unveiled the first official photographs of its new Superb ahead of its debut at the Geneva Motor Show on March 4.
