The average new car sold in 2003 emitted 9.3% less CO2 than models registered in 1997, according to the third and latest SMMT report on Uk registrations by C02 output. Based on data from 2003 new registrations, the figures also show a 1.2% year-on-year drop from 174.2 g/km in 2002 to 172.1 g/km in 2003.
RMI chief executive Matthew Carrington, speaking at the Garage Equipment Association (GEA) annual dinner last week, said “We are contacting all manufacturers, and although they have agreed to provide the information in principle, most have not said how this information will be delivered.
Although warranties provided by dealers as part of the sale of goods may not be considered to be insurance products, the RMI is advising dealers to register with the FSA anyway.
Ford and other dealers whose manufacturers' approved used car warranties were underwritten through Warranty Holdings have been prevented from completing deals pending new underwriting arrangements, following Ford's decision last week to put WH into administration last week.
Tata Motors has now signed a contract confirming its 100% takeover of Daewoo Commercial Vehicle, reports the Korea Times.
Minor, last-minute changes to the CarWise code requested by the OFT will delay its launch, RMI tells members.
The MOT test system is under extreme pressure, and could become severely stretched if MOT testers do not receive more frequent re-training, says the RMI.
Nissan Motor Co., Ltd has confirmed a series of senior management and organisational changes, effective from 1 April. The company is also preparing its organisation for the launch of its next three-year business plan, highlights of which Nissan will unveil on 26 April.
A report on a Spanish industry web site, autoindustria.com, says Ford has joined other ACEA members in asking for a special commission, independent of the EC Competition Directorate, to evaluate the costs of the industry of the new block exemption regulation.
The percentage of US new-vehicle buyers who owe more on their trade-in than it's worth has risen from 25% in 2001 to 38% now, according to JD Power.
Automotive retailers confused and concerned about how to apply for permission to continue selling insurance-related products from next January will receive little assistance from the Financial Services Agency.
Retailers and customers have been urged to judge MG Rover on its products and the standards of its service as the company battles persistent media attacks about its finances.
Grants to motorists who convert their cars to LPG will end after the Government slashed by 30% funding for cleaner fuel vehicles.
First it was books and records; now it's holidays and cars. Consumers' attitudes towards buying products online is becoming more relaxed due largely to familiarity – more than half the UK's 25m homes have internet access, while many more people are online at work – which makes them more confident about the new breed of web traders.
Nigel Ruddock, Ipe Jacob and Ian Carr, partners at Grant Thornton, have been appointed joint administrators of the Oriel Investment Corporation ("ORIC"), including Warranty Holdings, at the request of its directors. ORIC is a wholly-owned subsidiary of Ford Motor Company.
PSA Pegueot Citroen has started consultations with staff and unions over the planned closure of its fourth shift at Ryton on 23 June.
A Business Week report suggests US dealer group margins are suffering, debts have increased from acquisitions, and stock values are starting to slide.
Exide Technologies has renewed its supplier agreement with Autodistribution International Ltd. (ADI), the largest aftarmarket parts distribution network in Europe.
Automotive logistics group Autologic's turnover dropped 1.3% last year after adjusting for currency effects, though it rose 4.8% to £701.7m in absolute terms. Pre-tax profit from continuing operations fell by 35.4% to £19.9m (2002: £30.8m).
Warranty Direct is launching an 'ECARNOMY' club card whose holders are promised access to discounts from independent garages, repairers and motor insurers. The card also offers deals on selected hotels and leisure facilities.
Anyone can set up a car repair business in the UK – can that be right? Considering the complexity of cars, and the consequences if something goes wrong, surely there ought to be some mandatory training before someone can join the sector.
Reg Vardy has opened a new Volkswagen dealership in the Midlands completing its coverage in the market area.
Benfield Motor Group, the Yorkshire-based retailer, is to invest £2m relocating its Toyota dealership in Wakefield. The outlet will move from its current home on Leeds Road to new premises on the Silkwood Park business site later this year.
Vehicle technician licensing policed by an independent organisation needs to be implemented in order to create a “level playing field” that consumers will take seriously.
BMW, the German premium carmaker, is expecting record new car sales and profits this year driven by the introduction of new models and strong registrations for Mini.
Desira, the East Anglia-based motor group, has unveiled a two-tier retail strategy that will see it open multi-franchised sites in small towns and solus franchises in large conurbations as it strives to double turnover.
A £300,000 refurbishment is now complete at Harwoods' Bentley showroom. The Sussex-based firm underwent a complete refurbishment just in time to showcase the new £110k Bentley Continental GT.
Suzuki GB is planning to acquire a site within the M25 that it will leaseback to a franchised dealer, similar to the sponsored retail programmes favoured by VW Group. The UK arm of the Japanese carmaker is waiting for the green light before moving to acquire a site in London.
Dealers need to cast their sales net wider after a new survey found one in three used car buyers would travel more than 100 miles to get a good car. Carbidder.com, the online used car sales and auction site, says 32% of the 1000 owners surveyed would travel the distance while some would go even further.
The RMI has applied for recognition of its CarWise scheme under the Office of Fair Trading's Consumer Codes Approval Scheme (CCAS), which was announced just over a year ago.
