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.
Subaru has announced that it will be introducing a new special edition Impreza, the WRX 300.
RMI chief executive Matthew Carrington, and Paul Burrows and Nigel Ruddock of Grant Thornton Motor Retail, are to address the issue of rising manufacturer standards – and what dealerships and groups can do about it – at autoretailing 05.
In dog years, the Alfa Romeo Spider is aged 77. But the ancient sporting arachnid’s replacement has gambolled into view, ahead of its launch in late 2006.
Volkswagen UK is recruiting a team of managers in key positions to provide better support for its retailers across five brands after a change in its employment strategy.
Stephen Odell has been appointed chairman-elect of Ford of Britain, after nearly five- and-a-half years with Mazda, replacing Roger Putnam who retires this summer.
JCT600 has tripled its Volkswagen representation with the £10m acquisition of Layerthorpe VW in York and Priory Park VW in Hull.
UnitedAuto Group, the US parent of UK-based Sytner, has teamed up with Sytner chief executive Laurence Vaughan’s Opus Ventures and Transportation Resource Partners to acquire QEK Global Solutions, the logistics and vehicle management company.
Fiat Auto UK has appointed Giulio Salomone as its new managing director, replacing Jose Antonio Garvia who has moved to become operations director for Alfa Romeo.
Fiat has posted a profit of €293m (£200m) for the first quarter of this year, compared to €390m (£266.7m) in 2004, thanks to a £531m payment from parent company General Motors.
The retail motor industry has a chance to hear first hand how the UK government plans to help dealerships prosper in business, when Jacqui Smith MP gives one of the opening presentations at autoretailing 2005, on June 22 in Birmingham.
Coupes, cabrios and estates overtake the four-door
The best SUV in town
How much would you give me for a used Rover? If the answer is 10% less than in March, then that seems to be typical of the dip in prices since MG Rover went into administration.
To the petrol head car driver, rebadging Daewoo’s humble range as Chevrolets was a crime against motoring, an affront to American idols like the Corvette.
Vauxhall Motors has appointed Jonathan Browning as its new chairman in addition to his role as vice president of sales, marketing and aftersales at General Motors Europe.
New car registrations in Scotland in April totalled 13,878 units, a fall of 12.19% in comparison with April last year when 15,804 new cars were registered.
Hyundai has launched a new limited edition version of its people carrier model, the Trajet SE.
Cadillac has revealed prices for its right-hand drive CTS saloon range.
Citroen UK is expecting reduced administration, greater cost-effectiveness and a speedier service from its E-auction, Smartsell and Dealer Exchange systems after appointing electronic remarketing specialist JTK Automotive to provide internet-based infrastructure and management.
Jaguar dealers are backing the carmaker’s decision to has cut production of its X-type model at the Halewood factory to just three days a week.
European Motor Holdings has a £36.6m cash reserve ready for dealer acquisitions this year.
Scottish multi-franchise group Macrae & Dick has posted profits and turnover figures for 2004 well up on the previous year.
