Saab could be sold for a minimum of $1 as long as the bidder is able to secure long term security for the company.
Marshall Motor Group is looking to expand its sales teams and is keen to encourage more women to join the motor industry.
2009 was a tough year for the new light commercial vehicle market, which ended the period 35.61% down on 2008’s registrations.
Peugeot will launch 14 new models worldwide between 2010 and 2012 and is planning to move from 10th in the world car market to 7th by 2015.
Mazda is looking to grow its company car demand from outright purchase fleets and contract hire and leasing companies in 2010.
Lookers is ahead of budget following a strong performance in the first nine months of the year the dealer group is on target to exceed market expectations for its full year results.
Vertu Motors is to acquire its first dealership in Scotland following the proposed acquisition of Boydslaw 103 Limited for £2.7 million.
Renault has developed a new Clio which emits 98g/km of carbon dioxide and will do 76.3mpg.
Volkswagen has revealed a new compact coupe hybrid model at the Detroit Motor Show which produces under 100g/km of carbon dioxide.
Kia Motors Europe (KME) has appointed former Honda UK general manager Bernard Bradley as its vice president of sales.
Subaru is very much a man’s brand with women owning less than a fifth of all models registered.
December saw many dealers and carmakers begin highlighting the January 1 return to 17.5% VAT.
Wilsons Auctions is doubling capacity at two of its auctions houses following a £2 million investment.
Ford’s next generation Focus will go on sale in the UK in the first quarter of 2011 and first pictures have been revealed.
Used van prices increased by 0.3% (£11) in December in comparison to November and although it’s a small increase, it marks the fifth rise in a row, according to Manheim Auctions.
China sold 13.6 million cars in 2009 making it the world’s largest market for new cars in the world and overtaking the US which sold 10 million.
The amount of information provided to dealers on tyre labelling and marketing materials is to increase.
Peugeot has rebranded with a new logo to mark its 200th anniversary.
General Motors has appointed AlixPartners to supervise the wind-down of Saab.
The Automotive Distribution Federation (ADF) has launched the new Independent Automotive Aftermarket Federation (IAAF) to cater for the needs of the independent repair sector in the UK.
A year-end salvo of manufacturer offers, scrappage incentives and pre-VAT increase campaigning helped lift the 2009 UK new car market to almost two million units, well ahead of official forecasts made at the start of the year.
Volkswagen Group UK has made key changes across its management team for the start of 2010 with all changes taking effect from February 1.
Bernie Ecclestone, the boss of Formula 1, has made a bid for Saab in cooperation with a Luxembourg-based private investment company.
Quick turnaround a basis for profitable business
BCA is advising dealers that every scheduled sale will take place today (Friday), despite the weather.
Dealers that couldn’t make it to auction at Manheim on Tuesday and Wednesday this week logged on to its live online broadcast with more than 4,000 bids made through the system during the heavy snowfall.
Suzuki has revealed its new R3 compact MPV concept which has been designed at Maruti Suzuki India’s Research and Development department.
New car registrations rose by 38.9% in December to 150,936 units and full year registrations were 6.4% down giving a total market size of 1,994,999 units as predicted.
New-car buyers are faced with too much choice, and the growing number of diverse products offered by manufacturers is causing consumer confusion, according to research by Glass’s Guide.
At the launch of the Rover 75, BMW’s then boss, Bernd Pichetsrieder, stunned his subsidiary.
