Toyota GB is remaining tight-lipped about the reasons why European Motor Holdings sold Toyota and Lexus dealerships to a dealer group operated by a Japanese corporation.
Increased franchise standards and rising building costs have forced one of north Scotland’s best known dealer groups to close a sales operation and pull out of planned expansion.
ChryslerJeep has named the 14 approved aftersales sites for the new range of Dodge Ram pick-up trucks.
Arval, the UK vehicle leasing and fleet management company with 160,000 vehicles, will by the end of June rely on a network of 2,000 sites for all service, maintenance and repair work.
Fuel Parts UK, the fuel systems and emission parts supplier, is launching the North American Magnaflow brand of performance exhaust products into Britain.
Leicester-based Laser Protector is targeting specialist garages and workshops with a laser diode parking system.
Buoyed by Renault and Elf’s 2005 F1 success, Total Lubricants UK is launching two new products into the market.
Solvitol, the County Durham-based manufacturer and supplier of aerosols and chemicals to the automotive, catering, industrial, household, manufacturing and janitorial sectors, has been acquired for £3.25m by a consortium which includes existing managing director Rod Godwin.
Steve Nash, BMW GB’s aftersales director and the chairman of the Institute of the Motor Industry, is to deliver the opening address at this year’s AM Aftermarket Conference.
Aftermarket supplier German Swedish & French Car Parts has launched a free seasonal motoring clinic for retail and trade customers at its new Canterbury branch.
Automotive coatings manufacturers have gained a powerful new voice as they prepare for major legislative changes.
The Reg Vardy board is still backing the Lookers 875p per share bid over Pendragon’s three-way merger.
The Lookers board is working hard to convince Reg Vardy’s shareholders not to accept Pedragon’s offer of a three-way merger this morning.
The reason for Lookers’ lengthy delay before making its play for Reg Vardy is now clear: the group wanted to raise sufficient capital to comprehensively tear apart Pendragon’s 800p per share offer. This it achieved by tabling an 875p bid (a cash offer of £492m compared to Pendragon’s £450m).
Take a moment to consider what it might feel like to lose £7m over Christmas. That’s what Sir Peter Vardy did.
In a remarkable development, Pendragon has made an offer to buy Lookers <i>and</i> Reg Vardy.
Westover Group has acquired Olympian Motor Group’s dealerships at Bournemouth, New Milton, Salisbury and Blandford.
Asgard, the Midlands based motor retail group, has gone into administration, putting 100 jobs at risk.
Fiat’s new Grande Punto will be priced from £7,594 on-the-road when it reaches showrooms on February 11.
Ford of Britain will appoint Roelant de Waard as its new chairman and managing director on February 1.
Peugeot’s UK retailers will be flown to Seville in Spain at the end of February for the European dealer launch of the carmaker’s most important new model of the year – the 207.
Nick Lancaster, the HR Owen chief executive, says carmakers have begun to address the problem of crippling overheads in metropolitan areas by making decisions to slim down dealer networks.
Strong fleet, business and commercial vehicle sales helped push Patterson Motor Group to a new record in 2005.
BCA will be rolling out its Inventory Management System (IMS) to franchised dealers during the second half of the year.
Nissan has introduced a new Urbis trim to its Micra range, priced at £7,995 which puts it below the 1.2 S priced at £8,730.
The latest Audi A4 3.0 TDI quattro is available to order now and has had a power upgrade to 231bhp from 202bhp.
The results for the <a href="http://www.zoomerang.com/survey.zgi?p=WEB224WV3REVEX" target="_blank">AM and HPI Litmus Test</a> results will be published on February 10, so there isn't much time left to take part in the business confidence survey.
Mitsubishi may expand its co-operation with Malaysian manufacturer, Proton, beyond providing automotive components.
Mercedes-Benz has announced that it will raised prices across its entire range by an average of 1.4%.
Mazda’s fastest saloon, the Mazda6 MPS, goes on sale before the end of this month.
