OneSwoop, the online car retailer, will this month announce a supply deal with one of the leading UK dealer groups.
Franchised dealers turn their attention to new cars pushing the used market into slowdown, says Andrew Shepherd, senior group auctioneer, Manheim Auctions.
Peugeot has launched a new initiative designed to ensure owners of its cars over three years old or more keep returning to its dealers for servicing.
Bodyshops and insurers are being urged to respond to the DVLA's consultation paper into number plate legislation before it causes an 'administrative nightmare'.
In a move to drive down vehicle fraud and improve business efficiency, Universal Salvage has signed a deal with HPI, the independent vehicle information authority, for online confirmation of a car's true identity.
Citroën has launched a retail cash-back offer in the run up to the UK's all-new registration change. The cashback deals are worth as much as £2,400.
The number of price cuts offered by dealers on new cars has fallen by 40% in the past three months according to figures released by independent new car transaction price monitor, CarPriceCheck.
Lookers has expanded its Honda operations with the acquisition of a major new market area covering Derby and Nottingham.
Autobytel.co.uk, the online car buying service, has teamed up with vehicle remarketers Inchcape Direct to give consumers the opportunity to buy from its stock of ex-fleet, contract hire, leasing and daily rental vehicles.
Strong sales have finally forced the SMMT to revise its forecast for the year to 2.3m units – up 50,000 on its original 2.25m prediction and close to the highest ever total of 2,300,944 in 1989.
The skills of bodyshop technicians and management staff at Vauxhall Approved Accident Repair centres across the UK will be put to the test later this month when the preliminary rounds of the Vauxhall Championships Awards begin.
Vauxhall Finance has begun a UK-wide training drive to boost the ability of retailers selling its finance packages, following successful trials of a new finance and insurance course.
Lastest auction results from BCA, Premier Motor Auctions and Manheim
Ford of Britain is said to have delayed publication of its financial results as accountants quantify the scale of record losses at the company.
BMW has reported total group profits for the half year to June 30 up 192.8% - the best performance ever – to 934m euro (£578m).
The SMMT is to launch the 2002 British International Motor Show on September 4 with the formal unveiling of the marketing concepts, website, show prices and preliminary attractions for the event – a full 14 months before the show opens on October 24, 2002.
The new car market is returning to its former glory, and sales for the coming months look likely to keep on growing, according the RMI after figures published today, showed new car registrations rose by 11.6% last month to 173,160 units, prompting the SMMT to increase its full-year forecast.
Dealers will face an influx of ex-company car drivers, many new to the market without a vehicle to part-exchange and therefore looking for finance.
Inchcape's strong growth in profits has been driven by the success of its UK franchise operation, which is set for accelerated growth in the next few months.
Kia has unveiled a new manufacturer-backed five-year warranty, available across the whole Kia range and providing the opportunity for customers to increase the warranty to four years (up to 80,000 miles) or five years (up to 100,000 miles).
The Lexus LS430 has been named as the only car to achieve the maximum five-star rating for resistance to being broken into and to being stolen, according to security tests.
Polar Motor Group, the joint venture between Ford and the Lancaster dealer group, has reported record earnings for the first half of the year. Net profits rose from £25,000 to £4.23m year-on-year and turnover increased from £286m to £332m.
Jac Nasser's dynamic 30-month burst at the head of Ford Motor Company has been brought to a halt by non-executive chairman William Clay Ford junior and the board of directors.
A deadline for the motor industry to begin adopting new rules relating to the sale of insurance has been postponed indefinitely.
Capital Bank Motor is to take on more staff to cope with demand for Finax, its sub-prime motor finance division. The company is recruiting four new area development managers to work closely with its dealer network and nine more people to work in head office support.
Volkswagen Financial Services has put 350 dealer sales staff through new training programmes to help combat the threat from direct lenders. The move is one of a series of new initiatives by VWFS to take a more active role in the market.
Land Rover Financial Services is to focus on former company car drivers as it pushes its Freedom PCP package. The company believes the changes in taxation offer dealers a great opportunity to increase finance penetration as more customers seek advice on how to finance their next vehicle.
Ian Lancaster, Virgin Cars chief executive, continues the Block Exemption debate with a response to a statement from the Society of Motor Manufacturers and Traders.
Lex Service has reported pre-tax profits up 125%, from £19.3m to £43.4m, for the six months to June 30, after a strong contribution from its RAC roadside recovery business.
AC Cars plans to increase sales by at least 500% over the next five years with two new models and expanded dealer coverage.
