The Renault Group has upgraded its profit expectations for the remainder of 2022 despite suffering H1 losses due to a writedown of its car manufacturing operations in Russia.
Europe’s electric vehicle (EV) and plug-in hybrid sales suffered their “biggest fall on record” in June as Tesla’s Chinese factory closures and Russia’s invasion of Ukraine took their toll on production.
Stellantis has reported a 17% rise in revenues and 34% profit growth in first-half results which re-state its ambitions to become a “sustainable mobility tech company”.
Volkswagen Group expects its vehicle supply issues to improve in the second half of 2022, with a more “normalised” model mix expected to reach its car retailers.
The Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has said there is “optimism” about the UK’s car manufacturing sector after output grew 5.6% year-on-year in June.
Honda UK’s franchised car dealers topped the Auto Express Driver Power Survey’s rankings for customer satisfaction survey.
Chapelhouse Motor Group staff have proved that they are signing to the song sheet of Suzuki’s new #GoodDifferent marketing campaign with a showroom-stopping barber shop quartet performance.
Supercar specialist Bugatti has followed Aston Martin with a redesign of its logo and brand identity as part of a bid to become a “wider-reaching luxury brand”.
Citroen has launched its new C5 X D-segment flagship in the UK, with prices starting from £27,790 and the option of a plug-in hybrid drivetrain.
Volkswagen Group has highlighted a desire to “enhance its customer focus” under a new chairman after Oliver Blume took the reins from Herbert Deiss.
Motorvogue has opened the doors to a second multi-brand car dealership in less than a month as it continues to accelerate its investment in the brands of franchise partner Stellantis.
Ford is targeting a two-fold increase in electric vehicle (EV) production as the Volkswagen Group’s Porsche premium performance brand has told potential investors it will ramp-up its profits from zero-emissions models.
The first franchised car retail site to open under Volvo Car UK’s Sponsored Retailer Programme has completed a move into a brand new premium car showroom.
Stellantis’ mobility division Free2move has completed the acquisition of car sharing company Share Now, a joint venture formed by Mercedes-Benz Mobility Group and BMW Group in 2019.
Electric car brand Polestar expects to at least double its UK sales volume by the end of 2022 as the brand continues to win over EV buyers.
Chorley has continued its growth in the North-West through the acquisition of Vantage Citroen in Blackpool
Friends and colleagues of former TrustFord chairman and chief executive have paid tribute to a “straight-talking, true professional” following his death yesterday (July 14).
MG motor UK has revealed the pictures, pricing and specification details for the updated version of its affordable MG5 electric vehicle (EV).
SsangYong Motors UK has added August Motors to its dealer network.
Five generations and 50 years after the Range Rover reimagined the 4x4 with a luxury twist the all-new version is now looking to cement its status with a six-figure price tag.
The UK automotive industry has reduced its carbon footprint to the lowest level on record, with a reduction of 11.2% in 2021.
Batchelors Motor Group has completed the acquisition of Kineholme of Otley’s Renault and Dacia dealerships to expand its footprint into West Yorkshire.
Jaguar Land Rover (JLR) has revealed that it will roll-out an agency model retail agreement for its car retail franchisees by 2024 – but has refused to comment on potential network cuts.
Nissan has been accused of attempting to carry out a “cloak and dagger” restructure of its franchised car retail network which will axe some of its longest serving and top-performing franchisees.
Steven Eagell is set to grow its car retail market territory and its portfolio with Toyota through the acquisition of Inchcape’s car dealership in Oxford.
