The Office of Fair Trading (OFT) has refused an application for a consumer credit licence from a motor dealer in Hereford.
Robert Forrester has been promoted at Reg Vardy plc with a brief to drive the expansion of products and services outside its core business of retail vehicle sales though its dealerships.
MG Rover dealers are considering a £25m-plus offer from Capital Bank Motor to speed the sale of 15,000 cars held in the retail network or at compounds.
Production at Land Rover’s Solihull plant has been disrupted this morning, after 35 Greenpeace protesters breached security.
The Retail Motor Industry Federation has urged MoT computerisation to stop “until it can be proved the system can cope”.
BMW has announced it will be investing more than £100m at its Mini Oxford plant up to the year 2007, due to the “success of the Mini brand”.
Potential bidders for MG Rover have until the end of the day to submit their offers.
Ricardo plc, the engineering technology provider, has signed a contract with Shanghai Automotive Industry Corporation (SAIC), to provide a number of engineering development programmes.
Dealer group Lookers has appointed a new non-executive director to replace Graham J Morris who has retired.
Ford Motor chairman and CEO William Clay Ford announced at yesterday’s annual meeting that he will not accept a salary, bonus or stock compensation until the company restores the profitability of its automotive business.
Chapman Automotive Limited is in the final stages of putting together a bid to purchase MG assets from PricewaterhouseCoopers, the administrators of MG Rover Group Limited and Powertrain Limited.
Car parts manufacturer Sogefi is creating 125 jobs in south Wales with an £8m expansion programme.
Trafficmaster has won a contract with Honda to provide live traffic information to its UK vehicles equipped with satellite navigation systems with a TMC (traffic message channel) receiver.
Retail branding is one of the major issues that will be addressed at autoretailing 05.
Top 10 AM100 dealer Lookers <I>(9)</I> has announced ahead of its annual meeting today the acquisition of Ian Shepton Cars (IS Cars), a used car supermarket in Burton-on-Trent.
Reg Vardy, AM100 top 10 dealer <I>(3)</I>, has announced two new appointments.
Inchcape, AM100 <i>(8)</i>, has said in a trading statement released ahead of its annual meeting today, that despite the forecast dip in the UK car market, its own UK retail operations have made a positive start to the year.
John Leigh, senior vice president of Vanguard Car Rental, has accepted the position of chairman of the British Vehicle Rental and Leasing Association.
Porsche has announced the latest additions to join the 911 model family, the Carrera 4 and the Carrera 4S all-wheel drive coupe.
DaimlerChrysler has announced that it will cut approximately 600 jobs at its Smart brand between July 1 and the end of the year, but will attempt to avoid any forced layoffs.
Seat is offering savings of up to £1,760 on selected Leon models.
A proposed ruling banning UK firms from claiming back VAT on company mileage expenses could lead to tighter control of other company expenses, it is warned.
CAP’s residual value forecasts for the new Volkswagen Passat range will make worrying reading for the firm’s volume selling rivals.
Dealers are being warned by the Retail Motor Industry Federation (RMI) that changes to the European Union rules governing working conditions could mean even greater regulation.
Jon Moulton, head of the venture capital group Alchemy, has pulled out of buying MG, leaving administrators to the collapsed MG Rover group with few prospects of reviving any activity at Longbridge.
Automotive businesses will now have to register with the Environment Agency (EA) before hazardous waste they are responsible for it can be collected.
Nissan Europe has reported total sales of 49,231 vehicles in April 2005, an increase of 4.3% over the same month last year.
Toyota Motor Corporation (TMC) has posted record results for the third year in a row, with consolidated annual profit exceeding £5bn, an increase of 7.3%, with new car sales reaching 7.4m in the year ending March 31.
Nationwide Autocentres has announced that it will repair and service MG Rover cars at half the normal labour costs, for work covered by the existing manufacturer's warranty.
ReMIT, the motor trade's training business, has moved to a new north west regional base at the Manchester College of Arts and Training (MANCAT) motor industry skills campus in Openshaw, Manchester, recently refurbished at a cost of £3.5m.
