Renault has reported a decline in income and profit in the same week that PSA Group reported its H1 2018 success in returning Opel/Vauxhall to profit for the first time in almost two decades.
Vauxhall Motors has appointed former Toyota, Renault and Volkswagen marketing and sales professional Patrick Fourniol as its new marketing director.
The supervisory board of Opel/Vauxhall has appointed Xavier Duchemin as managing director of sales, aftersales and marketing and Frédéric Brunet as chief financial officer.
With many automotive retail businesses entering 2018 with some nervousness and caution, the market has remained remarkably buoyant for the first four months of the year.
Vauxhall is launching a new “Made in Britain” ad campaign in a bid to boost Astra sales amid faltering demanding for the UK-built hatchback.
Drive Motor Retail has delivered a 117% rise in profit before tax despite a 3.3% dip in revenues in its annual financial results to December 31, 2017 - following the sale of freehold property.
Caffyns has reported a 16% decline in operating profit despite rising revenues in annual results which detail the “very disappointing” performance of its volume car brands in 2017.
Failing demand for new cars could trigger a more widespread reduction in the UK’s car dealership numbers following Vauxhall’s move under its PSA Group owners, according to the SMMT.
Lookers has announced the closure of its Vauxhall dealerships in Yardley and Warrington following the car manufacturer’s decision to terminate all its franchise contracts.
The news of Vauxhall’s decision to ‘rationalise’ its network of dealerships, ready for a new 2020 strategy, may have come as a shock to some – but predictions over whether this move heralds the first dim tolls of the death knell for the traditional bricks-and-mortar dealership model should be taken with a hefty pinch of salt.
UK car dealers cannot rely on manufacturer support indefinitely after Vauxhall took the decision to terminate all its retail network contracts, according to restructuring advisory practice Duff & Phelps.
Vauxhall Finance has launched Personal Contract Hire (PCH) and Business Contract Hire (BCH) in a move designed to boost SME business sales within the brand's UK dealer network.
Northern Ireland’s Donnelly Group has acquired Eakin Bros’ County Londonderry Vauxhall franchise in an expansion which saw it claim to be “the home of Vauxhall in the North West”.
UK car manufacturing showed an increasing reliance on overseas exports as the SMMT announced that production levels had fallen for the first time for eight years during 2017.
PSA Group has said that it intends to “rebuild the industrial performance” of Vauxhall’s UK factories in conjunction with the Unite union following a meeting between the two organisations.
Vauxhall’s incoming managing director Stephen Norman has spoken for the first time of his aim to “dramatically improve the commercial fortunes of the brand”.
Vauxhall Motors and Opel Ireland have a new managing director from within the PSA Group following the departure of Rory Harvey.
Job losses at Vauxhall's Ellesmere Port car manufacturing facility are set to reach 650 since the manufacturer’s takeover by the PSA Group after a new wave of cuts was announced this week.
Opel and Vauxhall could look towards PSA Group retailers to sell cars across Europe as the brand looks to a future of more lucrative sales and reduced pre-registration.
Opel and Vauxhall hopes to avoid plant closures with a new plan which it hopes will return the brands to profitability with a 2% operating margin by 2020 and 6% by 2026.
