News - Page 1343

Rick Wagoner, General Motors' chief executive, is to take a 50% pay cut, to help save money, although he’ll still be earning over £1 million a year.

Honda has awarded Michael Fowler its UK ‘master technician’ accreditation.

Lexus will have three main features to its stand at this month’s Geneva Motor Show.

Proton has appointed eight new dealers so far this year already.

PSA Peugeot Citroen’s net sales and revenue for 2005 totalled €56,267 million (£38,617m), an increase of 0.3% over the previous year’s €56,105m (£38,503m).

Pendragon has seen off rival Lookers in the tussle for Reg Vardy with a £506m revised offer and a threat to snap up both groups in one move.

The British Standards Institute remains upbeat despite slow take-up for its Kitemark scheme launched to the service and repair sector last September.

TG Holdcroft, the privately-owned motor retail group based in Hanley, has secured an £800,000 fleet deal by supplying 43 silver Renaults to Global Telecom.

Mazda sold 4,396 cars in the UK in January a 9% raise on last year, raising its market share to a record 2.7%.

Mazda has added three new models to its special addition Sakata range.

Hyundai is offering special offers on selected models.

Customers buying their cars on eBaymotors.co.uk will now be able to use a ‘vehicle status report’ from HPI.

UK police forces will now receive monthly updates showing the latest details of suspected uninsured vehicles from the Motor Insurers’ Bureau (MIB).

Mitsubishi Motors Corporation (MMC) and Proton has signed a memorandum of understanding for wider areas of corporation between the two companies.

New car registrations fell by 13.3% in January to 157,363 units.

Lookers has withdrawn its offer to buy Reg Vardy for 875p per share after rival dealer group Pendragon offered 900p per share on Friday.

David Hayton Peugeot is giving away a Peugeot 107, worth £7,145, for every customer that buys a 407 SW, worth £19,105.

Westover Toyota has supplied five Prius cars to West London Estate Agent, Chard Associates, which is replacing half of its current fleet of 35 Toyota RAV4s with the environmentally friendly alternative over the next 12 months.

Here are pictures of what will be at the Toyota stand at the Geneva Motor Show at the end of this month.

Mazda is introducing its first-ever special edition of its RX-8, priced at £23,900 on-the-road.

Reg Vardy has recommended Pendragon’s revised offer of 900p per share for the company.

Fiat and Microsoft will launch a new in-car communications system called Blue&Me, based on Windows Mobile for Automotive, at the Geneva Motor Show (February 28 –March 12).

Pendragon has raised its offer to buy Reg Vardy from 800p to 900p per share.

Lookers has demanded that Pendragon make its intentions clear as to whether it has interest in buying them or not.

Renault has revealed pictures of a new sports estate concept called the Altica.

Paint sprayers in vehicle bodyshops are 80 times more likely to contract work-related asthma if they work with isocyanate based paints.

Adonis Construction is celebrating a strong start to 2006 after securing more than £6m-worth of contracts with motor retailers.

Motorsales of Harlow has opened a Vauxhall operation, the latest addition to its multi-franchise site in the Essex town.

Pentagon Toyota has moved into a £2.5m new dealership on Quest Park in Doncaster, a 20-acre mixed use development by SladenAston Developments.

Andrew Rowley Toyota expects to open its second dealership next month, once work on a £2.5m new-build showroom in Watford is completed.