After a slight increase in average values of part exchanges in July 2007, prices fell slightly in August from £2,092 to £2,034, but recovered ground again to £2,065 in September according to Manheim’s latest market bulletin.
Work needs to be done to simplify the motor trade’s Block Exemption in 2010 and make it applicable across all of Europe, according to Professor Garel Rhys.
British workers have shown a French carmaker how to build more reliable models.
Mercedes-Benz South West’s corporate sales department has clinched an order to supply 45 vehicles to Thrifty Car & Van Rental for an undisclosed sum.
It’s been a difficult year for Renault dealers. Unrealistic sales targets have forced them to push cars into the market to achieve bonus while high list prices have seen heavy discounting. And sales have still fallen 10.43% year-to-date.
Six dealer groups made bids for Dutton Forshaw with Lookers triumphing to take its turnover above £2bn.
Nissan is deciding whether to create stand alone high performance dealerships for its Skyline replacement, the GT-R, when it goes on sale in the UK in March 2009.
Audi will compete directly with the Mini with its new Metroproject quattro concept which made its world debut at the Tokyo Motor Show this week.
Volkswagen has revealed the possible successor to its modern Beetle range at the Tokyo Motor Show.
Dealers are losing money by not managing leads effectively and choosing ineffective forms of advertising, according to used car marketing service 2nd Byte.
Inchcape has signed a deal to standardise the operating software for all its dealerships globally.
Car production has risen by 13.9% in September to 139,283 units.
Aston Martin has gone live with APAK’s automated WFS finance system, which replaces its manual system.
The European Court of Justice has ruled illegal a German law which protected Volkswagen from takeover.
Harwoods has strengthened its presence in Hampshire with the purchase of Webbers of Basingstoke, which has Jaguar, Land Rover, Subaru and Isuzu sales points on a two-acre site.
A third quarter trading update from Inchcape this morning reported trading performance “in line with expectations”, and it remains confident of the full year prospects.
Honda will be extending its range of hybrid models to two within two years according to the manufacturer’s president.
Administrators are attempting to restructure Braylake Motors, a former Suzuki dealer of the year winner with three sites representing the brand.
Subaru has launched a new accessory range for its new Impreza which went on sale earlier this month.
Ford has added a limited edition trim to its Fiesta range following the success of its Anniversary model which was launched in March.
An exclusive group of dealers will be selected to sell Fiat’s revived sports brand in the UK next year.
The Society of Motor Manufacturers and Traders is confident of announcing a new chief executive before Christopher Macgowan steps down at the end of the year.
Chinese manufacturer Landwind has received European type approval for the two vehicles it plans to launch in the UK next year.
Despite difficult trading conditions and an over supply of vehicles from manufacturers, one of Scotland’s biggest motor retailers has reported strong September sales and a satisfactory annual performance.
Maccess, the parts and accessories supplier, has moved its head office in Cleckheaton to Huddersfield as part of its restructuring programme.
Volkswagen Group has completed the sale and leaseback of its flagship Audi property in Watford to the Lime Property Fund Partnership for nearly £12 million.
Ultra-clean Bluetec diesel engines will be in Mercedes-Benz cars in Europe next year.
Representatives from the aftermarket industry launched a European-wide Right to Repair campaign at Equip Auto in a bid to ‘safeguard consumer choice and effective competition for the vehicle replacement parts market’.
Automotive Skills, a division of the Institute of the Motor Industry, will be holding a series of consultations to draft a sector qualifications strategy (SQS) as part of the Government’s plan to overhaul vocational qualifications.
Despite initial fears that the new London Taxi, the TX4, might have been overpriced, the company that makes it has announced sizzling sales.
