Datamonitor's Business Review newsletter reports that MG Rover has expressed an interest in Slovakia as a potential location for a new €200 million vehicle assembly plant.
The Body Repair Industry Campaign BRIC says it's delighted with the approach adopted by the OFT to the ABI's General Terms of Agreement (GTA) in relation to credit hire arrangements for non-fault drivers. The OFT has given the GTA conditional exemption after changes were made.
UK Skills is encouraging companies and individuals from the automotive industry to enter to enter for this year's National Training Awards, which last year attracted over 1,000 entries.
Some 30,000 US franchised car dealers convene in Las Vegas today, 30 January for NADA's annual convention.
The pick-up to pep up the Isuzu network
David Coop, Citroen's new network development director, is looking to fill 37 open points this year, targeting retailers who are “good at new, used, private, fleet and LCVs”.
Ford retailers received a boost this week after a leading used car guide revealed three of its best selling models had firm residual values. CAP Black Book rates the Focus, Mondeo and Fiesta – all permanent fixtures in the list of top sellers – as strong used car performers.
Pendragon's acquisition of CD Bramall will create by far the largest retail group in Europe. The two billion-pound turnover companies will combine to produce revenues exceeding £3.5bn, almost twice their nearest UK rival.
The UK automotive industry is losing £163m a year in wasted business post, according to a shock new report. Research by Royal Mail shows that 69% of all business letters have one or more errors like being incorrectly addressed.
The recent mystery shop of MoT stations by Which? found that only eight out of 36 MoT tests were carried out correctly.
Rover has given a strong hint towards future design direction by revealing a new look for the 75. Changes to the front and rear aim to give the car a premium look like core rivals from BMW and Audi.
Porsche has seen profits rise as strong sales of the Cayenne sports utility vehicle offset a sharp drop in demand for the Boxster and 911.
Land Rover dealers were left counting the cost of strike action this week after the company's workforce downed tools on Monday. As AM went to press, all of the 8,200 workers at the carmaker's Midlands plants in Solihull were believed to have mounted picket lines.
The entire CD Bramall management board, including chief executive Peter Jones and chairman Tony Bramall, will step down once the group's acquisition by Pendragon is complete.
Jaguar and Land Rover are set to join fellow Premier Automotive Group brand Aston Martin in harnessing online, approved used car locator networks operated by Global Beach Automotive.
Daewoo Cars, the former sales and distribution operation for Daewoo vehicles in the UK, has finally gone into liquidation. Accountancy firm Baker Tilly, which is handling the move, says there are approximately 600 trade and business creditors – including parts and components suppliers – owed about £125m. It has also notified about 38,000 former Daewoo Cars customers
Derek Cook, the former chairman of the failed DC Cook motor group, is set to take over the loss-making Virgin Cars operation for an undisclosed sum. Cook, who is running Virgin-rivalling Motor Solutions, is expected to take a 25% stake in the business, which will still trade under the Virgin brand.
Fiat Auto is launching a major overhaul of its 175-strong dealer network, AM can exclusively reveal. And as our pictures of the Alfa Romeo side of the business show, the revamp will provide UK dealers with dramatic new looks aimed at boosting the image of the franchise.
LDV, the light commercial vehicle manufacturer, has secured £45 million from an equity syndicate in a bid to drive forward expansion. The syndicate, which is being led by 3i, is made up of European Acquisition Capital and Baring English Growth Fund and takes the figure for total funding raised to £90m.
TRW Automotive is closing the doors to its steering and suspension plant at Luton in a bid to cut costs and boost efficiency.
Reg Vardy has become Renault's biggest independent retail partner in the UK with the opening of two dealerships in the east of Scotland.
Click on the links below to view pages from the January 2004 issue of Autortrade.
A new online car wholesaling facility launched by UK Supplied (UKS) is offering independent and franchised motor retailers the chance to directly source delivery mileage cars at fleet discounts.
Volvo dealers can expect a flurry of new car launches over the next five years as Ford positions the marque as its volume brand within the Premier Automotive Group.
Extending GM's competitive offerings and creating a new model for driver insurance, GMAC Insurance will use OnStar's vehicle use reporting capabilities to offer its US subscribers unique insurance products and premium discounts.
Renault is adding comprehensive car insurance to its range of services to customers in its home market, in partnership with Altima. It will be available from the Renault dealer network throughout France (where the latest statistics show insurance rates falling).
Instead of investing their £1.2m budget for promoting the Prius hybrid car in a standard press campaign across all national titles, Toyota GB and its media agency ZenithOptimedia have decided to concentrate all communication into the Daily & Sunday Telegraph and Guardian Newspapers Ltd.
The Department for Transport has today published national statistics on the use of privately owned vans. The survey was carried out over a 12-month period from October 2002 to September 2003, when around 2,500 van owners provided details of trips they made.
With 1,104,916 BMW, MINI and Rolls-Royce Motorcars sold, the BMW Group achieved a new sales volume record last year and surpassed the previous year's (2002) record of 1,057,344 units by 4.5%.
The European Commission has delayed indefinitely the threat of legal action in its attempt to get the German government to rescind the 1960 legislation which protects Volkswagen from hostile takeovers.
