Jack Petchey’s Trefick, the private investment company, has sold its entire 17.3% stake in dealer group Lookers for £44 million.
A Ford dealer has become involved in this winter's bid by Sir Ranulph Fiennes to cross the Antarctic.
Each year around one-fifth of the franchised network sees a change in ownership or manufacturer brand agreements. To enhance the crucial role the database plays AM is offering a new quarterly update service and head office option.
Caffyns operations director Guy Ainsley will leave the dealer group at the end of its current financial year on March 31, 2013.
The Transport Select Committee, which is charged with scrutinising the Department for Transport, is launching a report which questions whether its plug-in vehicle strategy is a good use of public money.
The BMW 320d Efficient Dynamics Auto has been named as Green Car of the Year by What Car? due to its “real world” 56mpg fuel consumption figures and low tax rating with 110g/km CO2.
UK car production fell by 8.9% to 78,577 units in August, which is typically a low-volume month, but remains up 12.7% to 955,084 units over the year-to-date.
The European new car market declined by 8.4% in August to 726,562 units.
McLaren has revealed the first images of its new P1 supercar ahead of the Paris Motor Show next week.
Advice, inspiration and analysis on six of the most critical areas of running an automotive dealership in today’s market are to be provided in a new one-day conference from AM.
Kia has already shown some teaser images of its new Carens, but the first production images and details have been revealed ahead of the Paris Motor Show next week.
The vehicle purchase process has changed. Buyers now rely more on online research and advice from their peers than on manufacturer brochures or multiple dealership visits. Consumer conversations are shaping today’s purchase decisions before buyers even reach the forecourt.
Italy's government is putting Fiat under pressure to discuss its investment plans amid fears it could close some of its five car plants.
The number of dealerships now recognised as ‘SAF Approved’ under the Finance & Leasing Association’s (FLA’s) Specialist Automotive Finance (SAF) initiative has reached 2,000.
Liz Grindall has been promoted at Mondial Assistance UK as the insurer restructures its organisation.
The annual rate of inflation in the UK has fallen slightly from 2.6% in July to 2.5% in August according to the latest statistic from the Consumer Prices Index (CPI).
Renault's value brand Dacia has revealed its Sandero supermini ahead of the Paris Motor Show next week.
Nissan has appointed specialist digital agency GForces to create websites with smartphone-friendly content, web marketing tools and lead tracking software for its entire UK franchised dealer network.
The combined average independent and franchised dealer labour rate is a record £83 per hour, according to Warranty Direct’s annual Labour Rates Survey.
MG is offering a £3,000 discount on its MG6 range when customers trade in their old car.
Mazda’s leading corporate franchise dealer Norton Way Mazda in Letchworth has taken over 200 advanced orders for the CX-5.
Lookers has acquired a new site in Crawley for an undisclosed sum to re-site its Mercedes dealership in the town.
BCA sales director Mark Hankey will leave the company in January 2013 to join Manheim's business in Australia.
The industry will be gathering in London to pay tribute to automotive industry stalwart Ron Sewell who died at the end of May.
Toyota will attempt to attract a younger audience to its brand by launching a new edition of its Yaris which will go on sale next year.
Lexus has revealed new details about its LF-CC coupe which it says reflects the design direction what is likely to be a coupe version of its next generation IS.
Dealers need to rethink their F&I strategy as car buyers are more likely to shop around on a much wider scale for the best finance deal in much the same way as they would for the car itself, warns Peter Landers, consumer finance expert with Grant Thornton’s Leasing & Consumer Finance advisory team.
Skurrays Group has signed up to offer the Safe & Sound warranty package from WMS.
Honda (UK) has boosted its corporate sales team with two new appointments.
Independent dealer Blackworth Car Sales is having to reassure its customers after relocating to a site previously occupied by Wiltshire Motor Company which was investigated by police.
