Kwik Fit has sold its UK Insurance business (KFFS) to Fortis UK Limited for £215 million in cash.
Pricing for two sporting new Abarth models – the 500C and Punto Evo – has just been announced.
Welsh dealership, David Taylor Isuzu has been named Isuzu Dealer of the Year for the third time in succession.
The rate of business insolvencies for the automotive industry almost halved from 0.12% in May 2009 to 0.07% in May 2010, according to the latest Insolvency and Late Payment indices from Experian, the global information services company.
Two of the UK’s largest dealer groups have agreed to take part in a major fundraising initiative launched by BEN.
Lexus has warned that improperly functioning valve springs have been found in some engines and there is a small possibility of abnormal engine noise of unstable idling.
The UK’s motor industry is still waiting to hear whether the Labour government’s promise of a £5,000 subsidy for electric vehicle buyers will be upheld by the new coalition administration.
Ford will reduce the list prices by an average of 11% on its medium and small cars from August 2.
Dealers can give their views on finance houses and have the chance to win £250 in a major new survey launched this month by AM and Sewells.
Peugeot has launched a new all-inclusive motoring package -Just Add FuelTM.
Cambria Automobiles has been awarded the Payroll Giving Gold Award 2010 by the automotive charity BEN.
The OFT has published new guidance for second-hand car dealers setting out their legal obligations to customers under consumer protection laws.
Deputy prime minister Nick Clegg has launched a new Government website which urges members of the public and businesses to complain about every instance of unnecessary law and excessive red tape.
Dealers are set to be a driving force behind a major sporting academy launched by Jaguar that is supported by some of Britain’s greatest sporting stars.
The creation of a new regulatory body, the Consumer Protection and Marketing Authority, to replace the Financial Services Authority in overseeing motor retailers is likely to lead to a ‘zero tolerance’ approach to ensuring consumer protection.
Mitsubishi is hoping to cut the retail price of the i-MiEV by up to £10,000 because one of its key rivals is so much cheaper.
2010 will be a year of capitalising on successes in growing sales and profits, customer satisfaction levels and relationships with manufacturers for Marshalls.
Managers at franchised dealerships could be missing out on significant revenue opportunities through poor management of their lubricant stocks.
Chinese carmaker Changan Automobile Company has opened its new UK research and development centre in Nottingham, where it will help to develop the low carbon vehicles.
Marshall Motor Group is to open its second Kia business at its Woburn Road dealership in Bedford.
Mitsubishi and PSA Peugeot Citroen have revealed they have started a feasibility study for the development and supply of powertrains for electric vehicles.
Vince Cable, business secretary, believes the automotive industry is no longer in an “emergency” situation and has said manufacturers can no longer count on financial support from the Government.
While most manufacturers are encouraging dealerships to separate their van and car businesses, Peugeot is going the other way, believing that keeping cars and vans together offers a better total fleet solution.
Renault and Nissan dealers will have to go back to the classroom before they are allowed to handle new electric cars and light commercial vehicles.
PH Impetus, the automotive consultancy for vehicle manufacturers, launches a new corporate identity and website on July under its new name, Impetus Automotive.
SpeakBack, the Customer Service Index (CSI) programme for Honda dealers, has swapped to a new provider. Previously it was operated by Aura, but following an end-of-contract re-pitch, has been awarded to rival firm CPM.
One-in-eight Brits are planning to bring forward their car purchase to avoid the VAT increase, which comes into force on January 4, 2011.
Vertu Motors has acquired two Vauxhall dealerships from Baker Crewe following the company’s entrance into administration.
HR Owen has bought a loss-making Audi service centre in London from Lookers.
Regent Automotive is to open a new Volvo dealership in Bishop’s Stortford later this summer.
