The UK's Mitsubishi importer, Colt Car Company, has been bought by the Mitsubishi Corporation.
Reports are coming in of several franchised dealerships closing after a 21.2% drop in national new car registrations in September.
Geoff Hoon has been appointed Secretary of State for Transport by Prime Minister Gordon Brown in a Cabinet reshuffle today.
September’s plate-change registrations were expected to be down by a quarter as AM went to press on Tuesday.
HR Owen said it has entered into a conditional property surrender and lease agreement with landlord Ipcress and Docket, for which HR Owen will receive a surrender premium of up to £10 million.
Luxury carmakers are looking to Russia and the Middle East to boost car sales as demand for such cars dry up in America and Europe.
Launching not one but two new small car ranges this year could play a major role in helping Ford ride the recession, believes Ford of Europe chairman John Fleming.
Toyota’s Burnaston plant in Derbyshire has secured production of the new Avensis, safeguarding 5,000 jobs.
David Smith, managing director of Jaguar Land Rover, has called for investment from the UK government for carmakers to use to develop green technology.
Almost half of all UK drivers (48%) are downsizing to one car per household to combat rising car running costs.
Euro Car Parts has cemented its place as the UK’s second largest independent motor parts supplier with its acquisition of rival LSUK.
The MVRA wants to refocus on supporting its bodyshop and workshop membership.
The co-founder of bodyshop management system Bodymaster has launched his own internet web channel RepairerTV.com.
Motrio, the all-makes parts brand owned by Renault, is targeting the older car market with a sales push across Europe.
Kia is introducing a new online-based service plan system which will allow customers to pay a fixed monthly fee.
Small scale redundancies have been made at GK Group, the north of England motor retailer.
AM’s latest poll is about finance brokers. So far there is an overwhelming answer of ‘no’ to whether brokers can be beneficial to dealers.
Skoda has revealed the facelifted version of its Octavia which brings it in line with the company’s latest design cues.
Early predictions from carmakers are that September new car registrations will slump to around 340,000, down almost 20% on last year’s near 420,000 and 13% down on the SMMT’s forecast of 390,000.
Suzuki dealers will get the new Alto supermini model in March next year.
Dealers need to looking to aftersales to drive their revenue and profits.
Nissan is labelling its most efficient models with a Pure Drive badge from early next year.
AM talks to Sue Brownson, the only female BMW dealer boss in the UK.
Tyresafe, the not-for-profit organisation raising awareness of tyre defects and failures to motorists, is urging the trade to get behind its Tyre Safety Month in October.
Chorley Motor Group will soon open their seventh retail site in Burnley.
Honda believes it has overcome the quality issues and technical hiccups that have dogged the Civic since its launch in 2006.
The Northern 4x4 Centre, a used car specialist and the UK’s second franchised Hummer dealer for Hummer, has collapsed.
Nationwide Accident Repair gives retail up-selling prime position at new Kettering centre.
So the European Commission doesn’t understand its own rules and procedures – well, it’s probably not the only one.
Interest-free loans to bodyshops that are buying equipment which will reduce carbon emissions have been temporarily suspended.
