Point-of-sales loans for new cars in the 12 months to September reached 60%, the highest proportion of the total market since Finance & Leasing Association records began.
Peter Smith Sports Cars in Burton-on-Trent has closed with the loss of seven jobs.
Pendragon has bought Scotthall BMW in Leeds from Jardine Motors Group.
Mitsubishi Motors UK has named its Smithy Garage in Gwynedd, Wales, as its 2011 Dealer of the Year.
Renault will reduce its dealer network in the UK by a third next year and will also be cutting the Laguna, Modus, Wind, Espace and Kangoo cars from its model range here from February 1, 2012.
Volkswagen has secured the lowest insurance rating for its new Up city car.
Consumer interest waned in October as expected, according to Manheim’s Dealer Dashboard.
More manufacturers are looking to take advantage of the growth in SUV sales.
Saab has filed for bankruptcy after failing to secure further funding in its financial crisis.
Managing director Jeremy Thomson sees light at the end of what has been a very long tunnel.
Dealers will have to rely on good leadership to pull through 2012 with new car sales predicted to fall below 1.9 million units next year.
A more aggressive and competitive marketing stance is to come from Volvo Cars in the future, according to its global chief marketing officer.
GMAC UK, once part of General Motors’ finance division, has signed a contract with MG Motor as the launch phase in a bid to broaden its manufacturer client base.
Rising supplies of used cars, combined with seasonal issues and relatively static demand in the wholesale sector, saw October’s average values fall by 4.6%, according to BCA’s Pulse report.
Mazda is introducing new digital initiatives across its dealer network at the start of next year including new websites that are mobile friendly and trialling Apple iPads for all sales staff.
The Institute of the Motor Industry (IMI) has launched a report which it says can prove return on investment (ROI) figures if a business puts up the money to train staff.
Saab Automobile’s administrator Guy Lofalk has quit, forcing the Swedish brand to appoint a new lawyer days before the courts decide whether to end the company’s bankruptcy protection.
Kwik-Fit takeover could make life even more difficult for franchised dealers.
The Co-Op Motor Group has opened a £1m new showroom for Land Rover and Range Rover in Leeds.
Razsor, the digital marketing company has put together five tips for dealers looking to improve their online strategy in 2012.
The Government will scrap or improve 142 road transport regulations in a bid to reduce the amount of red tape for motorists.
Mercedes-Benz has revealed the first details about its new SL which will go on sale in the UK in July next year.
Listers, the predominantly German and Japanese focussed dealer group, has invested in its first Land Rover dealership.
Carmakers lead push to promote the added safety features of winter tyres.
Sites where energy costs are high will be hardest hit by CRC scheme changes.
Buyers are only willing to pay a premium where the eco credentials are genuine.
Fisker Automotive has appointed Richard Beattie to the newly created role of chief commercial officer.
Motor finance sales for private new cars saw a 6% increase in October compared to the same period in 2010, according to the latest industry figures published by the Finance and Leasing Association (FLA).
Glass’s has appointed Michael Bergmann as its new UK managing director after previous MD Andy Caroll left the business at the end of October.
The DVLA is closing 39 regional offices before the end of 2013 in order to centralise operations at its Swansea headquarters.
