Toyota Motor says its net profit in the three months to December rose 3.5% to 296.53 billion yen (£1.51bn) on strong sales in all regions and cost-cutting.
Lookers dealer group has taken a “strategic decision” to terminate its dealer franchise contract with MG Rover.
Vehicle remarketing solutions has announced record sales in January, with over 1,500 vehicles sold, an increase of over 54% on 2004.
Owners of Vauxhall cars and vans are to be offered the Origin b2 driver safety and information system, which has been added to the range of accessories available through Vauxhall retailers, priced at £429.95.
The Learning & Skills Council has commended the Land Rover Dealer Apprenticeship programme for its commitment to the development of young people.
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BCA and Sandicliffe Motor Group have announced a remarketing partnership following a trial period.
Vauxhall executives say residual value predictions for its Astra Sport Hatch buck trends in the fleet market.
Pendragon has taken on two Hyundai franchises, taking its portfolio to three, and marking the start of a new drive into the value-for-money car sector.
Testing of the world’s fastest, most powerful supercar has hit the UK, as development continues to ready the 249mph Bugatti Veyron for its September launch.
Twenty private dealer groups with a £2.1bn combined turnover have formed a joint venture called Retail Automotive Alliance Ltd to increase their buying power and gain greater protection from block exemption changes.
Reg Vardy insists that it hasn’t given up on its vision for the MetroCentre supersite in Gateshead despite planning delays that have curtailed building work.
Management consultant Steve Young has left his vice-presidential post at AT Kearney to concentrate on his vision for a new style of UK-based volume carmaker under the Indego brand.
Richard Lawson Auto Logistics, the Dundee-based transport company that went into receivership last September, has been bought by Autocare Group for an undisclosed sum. The new owner plans to grow the fleet management side of the business.
SMMT chief executive Christopher Macgowan is calling for a more balanced EU approach to environmental and social issues to make the UK automotive industry more globally competitive.
Secondhand cars have reached historic levels of affordability according to a special analysis of Britain's largest database of used car trade transaction prices.
Mitsubishi Motors Corporation (MMC) seems likely lose its biggest shareholder.
Citroen has introduced savings on diesel models throughout February and March, including up to £1,700 off the new C4 and £3,900 off all Xsara Picasso diesel models.
The new Alfa Romeo Brera is to make its world public debut at the 2005 Geneva Motor Show in March and will be due to go on sale by the end of the year.
Mazda will publicly reveal the third generation MX-5 roadster at the Geneva motor show.
Fiat and General Motors have still failed to reach agreement over whether GM will buy Fiat's car unit under its 'put' option.
Nissan has also announced that it will be unveiling a new SUV concept for the first time at the Geneva Motor Show, the Zaroot.
Citroen UK has seen its customer satisfaction index (CSI) jump 3.43% after the implementation of a new online sales training programme.
Proton is looking to add 35 dealers to its franchised network ahead of new product launches in 2005 and 2006.
New Fiat Auto UK boss Jose Antonio Garvia will refuse to revert to boosting volume through discounted deals with daily rental operators, despite the manufacturer’s poor sales performance last year.
Birmingham-based van and minibus maker LDV has launched a dealer and repairer recruitment drive on the back of its all-new Maxus van range.
GM will support the re-branding of Daewoo to Chevrolet with a national ‘road block’ newspaper and poster advertising campaign, starting this week.
North Lincolnshire used car supermarket Eddie Wright is looking to double its £20m turnover and open a second outlet during the next 12 months.
Infiniti, Nissan’s premium car division, is likely to be sold through a separate network of retail outlets when it comes to the UK in 2008.
Despite losses in Europe, Ford and General Motors made global profits in 2004 – thanks to contributions by financial services.
