Peoples, with seven Ford dealerships, has recorded a pre-tax profits increase of 26% in its annual results.
The world's first diesel plug-in hybrid, the Volvo V60 D6 AWD, has received approval for the Government's Plug-In Car Grant (PICG) which is designed to offer incentives for buyers to choose new ultra-low carbon cars.
Parkers.co.uk has just agreed a new partnership with Motoring.co.uk, which will see all brochure and test drive requests on Parkers.co.uk powered by Motoring.co.uk from early March.
Yorkshire-based car dealer JCT600 has grown by almost a third and become the UK's 10th largest motor retailer with its takeover of a premium brand dealer group.
Sales, enquiries and test drives all rise, as market follows usual seasonal trend
High demand sees values for fleet and dealer cars continue to rise in January
2013 gets off to a good start with January’s registrations 11.5% ahead of January 2012
Many dealer groups have plans to ramp up showroom sales now they are taking a record 70.8% of the total
Toyota has unveiled its FT-86 Open concept ahead of the Geneva Motor Show next week.
Fears that motorists will steer clear of this month’s ‘13 plate’ new cars are unfounded, say CAP.
MotoNovo Finance has set ambitious ‘stretch’ targets for its development team ahead of 13-plate March, increasing showroom loan training and support for dealers.
UK strategy sees a smaller network of solus dealers selling 40,000 cars
JCT600 has appointed Jayne McFadzen as volume group fleet manager based in Bradford.
Cheshire motor dealership Mitchell Group enjoyed a positive year of trading despite a "sense of gloom in the marketplace".
The latest rolling 12-month new car loans data from the Finance & Leasing Association covers 2012 and reveals a total value of £9.408 billion. This was a 36% increase on 2011. The total of new cars sold in this way (662,052) increased by nearly 140,000 (27%).
Dealers linked to service plan provider Emac will offer a ‘lucky 13’ initiative throughout March – an extra free month when new and used car owners bought a two- or three-year contract.
Vertu Motors reports that its trading performance for the last year will be ahead of current market expectations, with its retail car sales outstripping the national market.
The March market gives dealers the chance to prosper with used car finance alongside loans for 13-plate first registrations, said Karl Werner, MotoNovo Finance head of sales and marketing.
Next month’s arrival of the 13-plate will offer the chance of a surge in showroom loans, and one lender plans targeted campaigns and incentives at a local level.
The 13-plate will boost March sales of new cars to the year’s largest in a month, which means dealer stocks of used units will be swelled by 2013’s biggest influx of part-exchanges.
The boss of dual franchise dealer Charters Group has established a new business exploiting his expertise in property deals.
Group 1 Automotive has acquired Inchcape’s four Ford dealerships for an undisclosed sum.
Edinburgh-based Nissan dealer Alex F Noble has announced the appointment of Stuart Pender as service manager.
Commercial vehicle dealers, both light and heavy, have traditionally been managed and operated by an ‘old guard’ demographic who, unlike their passenger car peers, have brand and dealer loyalty often extending back decades.
Maserati has updated its rear-wheel drive GranTurismo MC Stradale for 2013 with more power and space.
At £840,000 to £1.5 million a piece and limited supply, it’s not surprising the average Bugatti sales executive sells just two cars a year.
Auto Trader has reported a significant increase in new car searches, apparently confirming the rise in private demand noted by the SMMT.
Hyundai has appointed a new dealer for Peterborough.
The Volkswagen Golf GTI will be available to order in the UK from March 26 and first deliveries are expected in June.
Audi is looking to increase its market share beyond 6% this year to over 140,000 units in 2013.
