Black Horse Motor Finance and more than 200 dealer-ships are testing AutoRate Plus, a new approach to point-of-sale F&I sales that moves the risk to the firm from vehicles to buyers.
More than 30 motor retail businesses, ranging from multi-franchise groups to single-site dealerships, have signed up for the Finance & Leasing Association’s online point-of-sale training programme.
Nissan’s Sunderland plant will increase the size of its wind farm later in the year with the addition of two more turbines.
Ford Motor Company has posted a narrower third-quarter loss than analysts expected and said it remains on track to produce profits in 2009.
The Bank of England has put interest rates on hold at 5.75% after it decided the risks of a sharp economic slowdown were not serious enough to warrant a cut.
Mitsubishi has cut the price of its Colt CZC coupe cabriolet by £3,000 in order to entice British buyers to the brand this winter.
Ford will not be selling off its Volvo brand according to the American manufacturer’s president and chief executive Alan Mulally.
GE Money Motor Finance is urging dealers to take a positive approach to point-of-sale finance in the face of tighter credit checks and talk of economic downturns.
NAC MG (UK) has received over 100 enquiries by UK dealers to take on an MG franchise.
General Motors (GM) has reported a record quarterly loss of $39bn (£18.5bn) due to a one-off accounting charge.
Delphi is bringing its service centre programme to the UK as part of its plan to add 1,200 DieselPoint specialist common-rail diesel centres across Europe.
Average asking prices for used superminis vary by as much as 10% across the UK and, according to a new report from EurotaxGlass’s, the Midlands is currently the best place to go in search of a low-priced used small car.
Crisis-hit Northern Rock’s website continues to offer loans to car buyers as a new chairman tries to organise a rescue plan.
Market trends, customer service, repair procedures and training were the hot topics at the ABP Club Annual Convention.
The car, Cadillac’s new CTS, due to launch in the UK next summer, got plenty of stares in sleepy Portuguese villages and proved most fun in sports mode, when I felt a little like a (bad) racing driver.
Balverona, the Australian wholesale vehicle company, has increased its stake in HR Owen.
Vertu Motors has posted a pre-tax pre-exceptional profit of £0.7 million and revenue of £290.3 million for the period from Nov 1, 2006 to Aug 31, 2007.
Experian has permanently appointed Kirk Fletcher as its new managing director for its automotive division following an eight month period as acting MD.
Renault's new Clio Renaultsport 197 Cup will be priced from £14,995 when it goes on sale in the UK next month.
Dr Norbert Reithofer, chairman of BMW’s board of management, has called for the business to increase its global retail sales to 1.8 million by 2012 after disappointing third quarter profits.
Kia's ambitions to be a top 10 retail performer in the UK depends on its ability to improve product and brand image and get dealer buy-in.
Accident Exchange has gained a recommendation from Lotus Cars as an accident management service provider to its UK network of 29 dealers.
Skoda has revealed the first pictures of its Superb replacement during the desert testing stages of its development.
Europe’s motor industry has been challenged to do more to recognise and meet the needs of the growing number of older and disabled motorists.
Daimler's Mercedes-Benz Cars division sold 114,600 vehicles globally in October, 11.8% more than in the year-earlier period.
BEN, the automotive industry charity, needs volunteers to help support its events team at the International Motor Cycle & Scooter Show at the NEC in Birmingham which runs from the November 22 – December 2.
Jim O’Donnell, managing director of BMW UK, has warned the Government is in danger of taxing smaller manufacturers of expensive cars like Jaguar and Land Rover out of existence.
Britain’s a small island, and one which is often criticised by petrolheads for being increasingly motorist unfriendly. They’ve got a point, too. Congestion, petrol prices, speed cameras, speed humps, congestion charging, the list goes on.
I had my car towed to the dealership on Saturday and was told that it would be serviced when there was an opening in bookings, or Monday when i had originally booked it in for a service.
UK new car sales were up 8.4% in October to 166,797 units in the best month of growth since December 2005.
