The Government has announced plans to make mandatory the recording of vehicle mileages on registration documents in a bid to stamp out car clocking, which is claimed to cost UK motorists £100m a year.
##Greenhous--left## Nearly new car dealers are beginning to shun auctions, preferring to source stock from a wider range of suppliers, according to research from Greenhous Remarketing Services.
Residual values in the UK have slumped by 9.3% over the past six months, according to the latest Eurotax residuals index, on the back of falling new car prices and widespread oversupply. STEPHEN BRIERS reports
##John Woolatt--right##
##Pockets--left## Millions of pounds spent on marketing and ad campaigns by car retailers determined to carve out a profitable niche in the new dotcom forecourts could be money down the drain, according to new research.
Two partners in a Renault dealership in Shropshire have been jailed for conspiracy to defraud customers, creditors and finance companies of more than £600,000.
Dealers are being offered 'up-to-the-second' notification via the phone of when a potential customer is interested in buying a car advertised via a virtual showroom.
Marshall Motor Holdings is in talks to acquire the six-dealership Tim Brinton Group, chief executive Roger Knight said today.
##Marshall--right## Multi-franchise Marshall Motor Holdings is in talks with the six-dealership Tim Brinton Group, chief executive Roger Knight has confirmed.
Unreliable public transport and the rising cost of car ownership is forcing more and more people to seek suitable alternatives. <a href="\newshome/home_fullarticle/?articleid=> eDefined</a>, an internet car benefits company has come up with what they believe is the solution.
"We believe the 'community car' concept could not only reduce the cost of buying and running a car, but could eventually help to alleviate road congestion and air pollution as well.
Outstanding online exposure for dealers and increased choice for customers is the promise of a new website partnership between AutoLocate and Fish4Cars.
Marshall Motor Holdings has acquired the six-dealership Tim Brinton Group, according to industry sources. Neither company would confirm the move.
Reg Vardy has launched its website, regvardy.com, created, according to chairman Peter Vardy (right) to offer customers "a quick and simple way to search for the vehicle and the finance deal of their choice".
The motorcycle market is continuing to expand, despite fears earlier this year that it had peaked, as the public shuns public transport and cars in preference for time-saving, fuel efficient scooters and mopeds. Stephen Briers reports.
##Citroen badge--left## Volkswagen, Citroen and Fiat have reduced the on-the-road prices of their cars by as much as 13%, effective from today.<p>
Dixon Motors, parent company of Carnell Motorcycles, has acquired Motorcycle City for £8 million and is predicting the deal will 'kickstart' the two-wheel market currently worth an estimated £2 billion.
Van owners are enjoying solid residual values, despite the ongoing slump in the car market.
Martyn (left)and Paul Carnell are looking to make a successful return to the motor industry with the launch of a £4m used car superstore in Wakefield, West Yorks. Stephen Briers reports on the brothers' plans a year after they left Dixon Motors.
Nearly new car dealers are beginning to shun auctions, preferring to source stock from a wider range of suppliers, according to research from Greenhous Remarketing Services.
Residual values in the UK have slumped by 9.3% over the past six months, according to the latest Eurotax residuals index, on the back of falling new car prices and widespread oversupply. Stephen Briers reports.
Auto Trader is predicting a surge in online sales after going live on Telewest Communications' Active Digital cable TV service.
A Government taskforce plans to present next summer the findings of an investigation into the consequences of naming and shaming unscrupulous traders.
Fleet managers are saving money by holding on to nearly-new vans, according to Manheim Auctions. Resale prices of 'late and low' LCVs have tumbled with some models dropping in value by more than £1,500 at auction.
Theft of vans is costing the LCV industry millions of pounds a year because manufacturers do not take security as seriously with vans as they do with cars. Anthony Lewis reports.
Vauxhall's Astravan topped the 10,000 sales mark in October, two months earlier than last year. This is an 18.4% improvement in sales on last year. Sales of 818 in October pushed the year-to-date figure up to 10,189 against 8,603 for the same period last year.
Diana Tremblay, former director of General Motors' labour relations unit in Detroit, is the new manufacturing director at Vauxhall's Luton plant. She previously held several senior managerial roles within GM Powertrain.
North Eastern Co-op's Priory Motor Group has appointed Tom McVinnie as group general manager, responsible for 27 dealerships following the acquisition of the Herbert Robinson outlets around Cambridge.
DaimlerChrysler is facing court action in the US from one of its largest shareholders concerning the merger of Daimler-Benz and Chrysler two years ago.
##206small--right## Peugeot today announced it was reducing the recommended list prices and improving the specifications of a selection of its new car range, including the newly-launched 607 executive model.
