Values of dealer part exchanges in May showed signs of easing back as the strong market, seen in the first quarter of 2007, continues to harden.
The third quarter of 2007 will see UK Volvo dealers selling the new V70 large estate and XC70 crossover estate models, which make up around a quarter of Volvo’s annual UK sales.
The Nick Whale Group is developing a new performance car showroom in Leicester in a joint venture with Gilbran, the automotive real estate company.
Just Car Clinic (JCC) has acquired the bodyshop business from Trinity Motors of Hinckley for £113,000.
Car salesman Mohammed Ashraf has been jailed for stealing almost £50,000 from his employer, Otley Motors, Yorkshire.
Dealers hardly need reminding that customer loyalty has become harder to earn than ever before.
Vertu Motors has bought a Ford dealership in Morpeth from Jennings Group for £2.6 million in cash.
PSA Peugeot Citroën and Chinese carmaker Hafei have signed a memorandum of understanding to start a feasibility study of a 50-50 joint venture model.
Martin Boagey is Bristol Street Motor’s new general manager for its Sunderland Vauxhall dealership.
Carter & Carter has adjusted its estimates for annual profits after poor take up with its Government-backed Train to Gain scheme.
Mazda will offer three petrol engines with its Mazda2 supermini when it goes on sale in the UK on September 8.
BEN, the automotive charity, wants support from dealers to help celebrate its birthday celebrations with its ‘National BEN Week’ campaign.
Sytner Group has bought two Audi dealerships to raise its representation with the manufacturer to ten, giving it the same number as Inchcape Retail in the UK.
The London Group, with a Lotus outlet in Park Lane, is the first dealer appointed by Lifestyle Automotive to sell French PGO Automobile sports cars in the UK.
The British Standards Institute has launched a media campaign aimed at increasing consumer awareness of its Kitemark for garage services scheme, which it hopes will boost its appeal.
Dealers can now offer customers the option of paying for their car’s servicing in monthly direct debit instalments.
Nanjing Automobile is planning to develop a Healey sports car following its acquisition of rights to use the brand name.
The AA has merged with Saga, the insurance and service provider for the over-50s.
But seriously, the British summer is absolute bobbins I tell you. Even Kia’s new C’eed advert is set in a downpour. It’s instantly recognisable that the people in the advert are driving in the UK.
Today Fiat Auto (UK) Limited has changed its name to Fiat Group Automobiles UK Ltd.
Vertu Motors has acquired four Honda car dealerships and one Honda motorcycle dealership in the East Midlands, through the purchase of the entire share capital of Grantham Motor Company Limited for £4.6m in cash.
Volkswagen has revealed the first official images of its Tiguan, which will go on sale in the UK in February.
Ford Retail, the car sales division of Ford Motor Company, has sold its dealership site in Dagenham, Essex, to London Thames Gateway Development Corporation for £6.4 million.
Euro NCAP has appointed Michiel van Ratingen as its next secretary general.
Pendragon is predicting a £20m hit on its profitability this year, and a further £10m hit in 2008. It blames a downturn in consumer spending and over-supply in the new car market.
Major delays in registration for VAT are causing many businesses significant cashflow problems.
Employers and their staff could be leaving themselves open to fines from the Revenue & Customs for failing to report non-cash incentive and award schemes.
Government changes to holiday entitlement could put huge pressure on motor trade businesses in the run-up to Christmas.
UK companies employing workers through overseas agencies need to be aware that they are responsible for their employees’ PAYE contributions.
Fiat is in the middle of its UK journey to 100,000 sales a year, according to Fiat Auto UK managing director Giulio Salomone.
