The headline average value of a used car rose to its highest point on record in April, improving by £317 (4.0%) to £8,155, according to BCA’s Pulse report.
Nissan Motor has taken a 34% controlling stake in Mitsubishi Motors, with an investment of 237 billion yen (£1.52bn).
Training provider Get the Edge has teamed up with the Institute of the Motor Industry to launched a new management training programme designed to help used vehicle dealers thrive as markets change.
Peter Vardy’s £8million Jaguar Land Rover showroom in Aberdeen is nearing completion, with a “topping out” ceremony marking conclusion of works on the exterior structure.
Motor finance provider Moneyway accepted 45% more of its proposals during 2015 than it did in the previous year, according to the business’ latest statistics.
Vertu Motors are focussing on “controlling the controllables” as they reap the fruits of their labour in aftersales and a growing market to record a £2.4bn turnover for the year ended February 29.
Mini has revived the Seven name for its latest design model, which launched today.
The first public access hydrogen refuelling station has officially opened in London.
The National Association of Motor Auctions (NAMA) is urging fleets to provide more information about vehicles they de-fleet through its members’ sites.
The price of EVs rose by 8.7% alongside a 1.2% decline for diesel cars as demand for alternative fuel vehicles continued to increase in April, reports Manheim and Motors.co.uk.
Questions have been raised over the future of the Mercedes-Benz Retail Group after it sold off its entire Manchester and Birmingham market area to Hong Kong-based automotive retailer Lei Shing Hong.
An expert panel will tackle issues such as whether a flexible workplace would make the sector more appealing to a wider range of people, workforce diversity, graduate recruitment and the younger generation.
Total has become the official lubricant partner of luxury sportscar manufacturer Aston Martin and motorsport arm Aston Martin Racing.
MotoNovo Finance’s unique MotorV8 measurement and reward programme, which evidences dealerships’ FCA compliance, is now benefiting over 3,000 dealers.
Automotive video specialist CitNOW has appointed Jason Jeggo as its new head of sales for the UK market.
The Independent Automotive Aftermarket Federation (IAAF) has announced the appointment of Tina Patel as its new financial coordinator.
Stratstone has today been revealed as the owner of one of the 2015 Jaguar Lightweight E-types.
A London-based used car dealership caused rush-hour gridlock on the Old Kent Road when they set up a blockade in protest over plans to paint red lines outside its forecourt.
MotoNovo has appointed Mark Standish as group chief executive with Karl Werner stepping up to the new role of divisional chief executive of its motor division.
Dealers have expressed their concerns that the new National Living Wage will mean enforcing pay and benefits cuts.
The head of UHY Hacker Young’s National Automotive Group has been recognised in the Accountancy Age 2016 ‘35 under 35’ list.
Swansway has become an Audi specialist repairer for the R8, staffed by one of only five technicians qualified to work on the supercar.
Cambria Automobiles chief executive Mark Lavery has told AM that a data-driven approach to used car retailing which delivered 148% return on investment has underpinned his business’ success.
Hyundai Motor has been announced as the title partner of the 25th Mercury Prize in a three year deal.
Vauxhall retailers will be hosting a sales event with customer offers that includes a £500 gift card.
With research highlighting how motorists are avoiding essential car maintenance, dealers could be concerned about their ability to provide a duty of care.
Mapfre Abraxas has added a new service plan proposition to its existing product range available to dealers.
Probably most importantly for the development of the UK passenger car market, the Bank of England looks unlikely to raise interest rates until well into 2017.
Statistically if a millennial stays with you for nine months then on average they will stay with you for five years.
Order books open for the new Citroen C4 Picasso range in June ahead of a September 1 on sale date.
