Sales of prestige car models are fetching more than 20 per cent above CAP figures, according to Manheim Auctions.
Bentley retailer Broughtons has sold its Birmingham site to the Sytner Group to finance a new site in the Thames Valley.
Lookers Group is involved in discussions with BMW and Mercedes-Benz as it looks to add the two premium brands to its portfolio.
BCA Europe's new chief executive Jon Olsen is pushing ahead with an ambitious expansion plan for the auction group following the retirement of his predecessor, Tom Gibson, earlier this year.
Motability Direct has reached a new landmark with the sale of its 100,000 car online.
Reg Vardy, one of the UK's largest motor retailers, has added four more dealerships to its network as part of a relentless expansion strategy.
Daihatsu's major sales offensive continues as it strives to grow its retail network to 120 sites by 2005.
Volvo has struck a deal with Pininfarina to develop its next-generation convertible.
Dealers can now check the authenticity of an import prior to purchasing the vehicle.
MG has launched a V8-powered version of its ZT saloon and ZT-T estate. Powered by Ford's 260bhp, 4.6-litre V8 engine, used in North America in the Mustang, the rear- wheel drive MG ZT 260 V8 hopes to compete with the likes of the BMW 330i, Jaguar X-Type and Volvo S60 T5.
Sytner Group has opened a new £3.25m Porsche dealerships – setting the template for the next breed of Porsche sites in its network.
Rycroft vehicles will open DaimlerChrysler's first multi-franchise site in Newcastle.
Simon Thomas has replaced Simon Rutherford as UK sales director at Nissan Motor (GB).
Dealer support service at Volkswagen UK is to be operated by Mondial.
Cheshire-based Cliff Dickenson Ford has bought the Chester Road Garage site in Winsford.
Group Tyre (UK) has confirmed it is in talks with four major car manufacturers following its appointment by IM Group as the official tyre partner for its Subaru, Isuzu and Daihatsu dealer network.
Pinewood, the dealer management systems provider, has seen a 40 per cent increase in system sales this year thanks to its new Pinnacle DMS.
General Motors is drawing up plans to move its Vauxhall subsidiary upmarket, AM-online can reveal.
Repairers are raising questions about the proposed merger of the Retail Motor Industry Federation's bodyshop division with the Vehicle Builders and Repairers Association.
Toyota is launching two new super clean engines for its Avensis.
An Audi retailer in Dorset is to open a £500,000 bodyshop specialising in the repair of aluminium-based cars.
Automotive glass fibre products supplier NGF is to invest £2.5m in its St Helens factory, take on 10 new staff and increasing production.
Vehicle finance broker Automech has acquired Lumley Auto, the insurance and warranty provider.
HR Owen, the prestige and premium retailer, is blaming uncertainty surrounding the changes to block exemption for a £400,000 fall in its interim profits.
Nationwide Autocentres, the independent service and maintenance network, is to use the 1link service network across its 190 outlets.
A new business package has been launched by the Factoring Services Group to help independent garages boost profits.
Repairers are throwing away millions of pounds every year by failing to invoice fleets for work.
Subaru is taking advantage of the revised block exemption regulations to overhaul its 93-strong retail network. The company expects to drop 10 dealers, but says it wants to appoint 15 new partners by the end of next year. Longer-term it wants 125 retailers.
A major provider of aftermarket parts for Japanese cars has announced ambitious expansion plans for its UK operation.
Retailers are this week facing disruption after carmakers deliberately delayed issuing new block exemption contracts.
