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VW network shake-up continues with proposed Inchcape two-site sale to Citygate
Inchcape looks poised to sell two more Volkswagen car dealerships, to Citygate, as the German car brand’s UK franchises continue to change hands in a series of recent disposals and acquisitions.
Lotus wants its dealer network ready for sales growth
Investment at Lotus Cars is set to give its franchised dealer network a chance to boost their sales and profits next decade.
Car dealer profitability ‘likely’ to end 2019 9% down
The average UK car retailer saw profitability decline by 75% year-on-year in October and is likely to end 2019 with a 9% overall reduction in overall profit, ASE has reported.
SMMT reports 1.3% November new car registrations decline
The Society of Motor Manufacturers and Traders (SMMT) has reported a 1.3% decline in new car registrations during November as private and business demand continued to falter in the run-up to this month's UK General Election.
Porsche Taycan and Tesla Model X achieve top safety ratings
High performance electric vehicle (EV) emerged from the latest round of Euro NCAP crash test with top safety ratings, with both the Porsche Taycan and Tesla Model X emerging with five stars.
Jardine Motors to sell eight Volkswagen and Skoda sites
Jardine Motors Group has confirmed to AM that it has made the decision to seven Volkswagen franchised dealerships and one Skoda site, with Marshall Motor Holdings believed to be poised to acquire the businesses.
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