Benfield Motor Group has acquired a Volkswagen site in Thornaby, Teeside marking the third acquisition this month for the company.
Used van prices increased by 4.8% or £156 in September to an average of £3,429 which marks the seventh month this year that average values have increased.
Average business insolvencies rose by just 0.09% in September remaining stable on August levels, which is the lowest rate since September 2008.
Vehicle manufacturers’ captive finance houses have achieved a record finance market penetration of 84%, up from a penetration of around an average of 80% recorded in the past decade.
The pre-owned car market has been a major source of business for dealers in 2009, and brought hundreds to the AM Used Car Conference last week, keen to hear views on what the future holds.
LDV’s assets are to be sold to Chinese engineering company Eco Concept following weeks of negotiations.
Sales of used cars on finance fell by 23% in August, according to figures from the Finance & Leasing Association (FLA).
Despite the convenience of using online auctions to purchase used commercial vehicles, traders are being warned of the potential pitfalls of buying remotely.
Scrappage scheme sales have sparked a European recovery in new car sales by 7.5% in September.
Van prices continued to rise in September as average values went up to £3,862, according to figures recorded by BCA.
Suzuki GB has awarded three employees from its network in the UK at its Guild Awards Ceremony at Fawsley Hall in Daventry.
Darren Payne has joined Renault UK from General Motors UK as director of fleet and commercial vehicle operations.
The Office of Fair Trading is to examine potentially misleading pricing practices.
Scottish dealer group Peter Vardy has launched a fund to support local youth projects.
Volvo Car UK has launched a bespoke accident management service for its customers.
Pre-tax profits leaped 47% in the first six months of the year at AIM listed dealer group Vertu Motors, headed by Robert Forrester.
Ireland's auto industry faces significant consolidation in coming years and could be four years away from full recovery.
Mercedes-Benz of Oxford is holding an Approved Used event which offers buyers a free two-year service plan and a warranty.
The Retail Motor Industry Federation (RMIF) has appointed its first MoT chairman to represent the interests of RMI members with MoT testing facilities and negotiate with government bodies on their behalf.
BCA and Jardine Motors Group have signed a new two-year remarketing agreement that will see around 17,000 vehicles auctions.
Reg Vardy’s Rossleigh Jaguar dealership, which was sold to Pendragon three years ago, has been found guilty for falsely claiming a car had been properly assessed for passing an MOT.
Unite, the union, says it has agreed a deal with Magna to avoid any compulsory redundancies at Vauxhall plants.
Benfield Motor Group has added two Volkswagen sites to its portfolio of dealerships taking the total to 30.
As we look ahead to 2010 and beyond, what should we expect for car brands - more of the same or a different future?
Volvo has appointed Autoworld Chesterfield and Essex Auto Group in Billericay to its dealer network.
Three surveys have pointed the way towards a full UK economic recovery.
Subaru is to show off its Boxer hybrid technology in a new Tourer concept at the Tokyo Motor Show on October 21.
Aston Martin has appointed Michael van der Sande into the newly created position of chief commercial officer to help drive global sales.
Improvements in CO2 emissions should enable the car industry to meet the EU target of 130g/km Co2 by 2012.
Independent dealer Bob Mullan Motors has been singled out as a leading player in online automotive retailing.
