The Sewells Information & Research conference, to be held on March 21 at the ICC in Birmingham, will review in detail the block exemption proposals and the likely outcomes facing dealers and their business partners.
Sewells is holding a conference on March 21 at the ICC in Birmingham to brief the motor industry on the likely impact of the Block Exemption proposals.
MG Rover today unveiled its TCV – Tourer Concept Vehicle – at the Geneva motor show. The five-seater car is the company's centrepiece at this week's show.
Dixon Motors plc today posted record results for 2001, with pre-tax profit up 54.9% to £12.06m on turnover up 16.4% to £817m.
Inchcape plc's decision to dispose of non-core operations is paying dividends after the group posted underlying profits up 32.1% last year to £97.9m.
Ford's stand at this week's Geneva motor show reveals a range of new models and technologies which the company claims is hard evidence of the growing momentum of its product-led transformation.
Franz-Josef Paefgen has today taken up his position as chairman and chief executive, Bentley Motors.
Vauxhall has revamped its van dealer network to focus more on light commercial vehicles.
Luxury sportscar maker Aston Martin plans to cease production at its Newport Pagnell and Bloxham, Oxon, plants and switch assembly to a new facility at Gaydon in Warwickshire.
East Midlands dealer group Gordon Lamb has invested £2m in a new Toyota showroom at its three-acre, multi-franchised site in Sheffield.
Car Care Plan managing director Tim Heavisides has been promoted to chief executive.
HPI, the independent used vehicle information service, has been awarded a solus endorsement contract by Honda UK to provide online HPI and NMR checks/investigations to support the carmaker's approved used car programme.
The latest figures released today from the Alliance & Leicester Car Price Index, produced in association with What Car?, reveal more reductions in forecourt transaction prices this year.
Lookers plc has today acquired the Vauxhall franchise for Birmingham – one of the largest and most important market areas in the UK.
Specktor Ltd, the Birmingham-based dealer group which trades as Hamer, has gone into receivership after suffering sustained losses.
Cap Network has warned of a possible return to the damaging car market crisis of 2000, with consumers expecting massive price cuts, following the publication of the EU draft Block Exemption proposals.
Quicks has revealed that it is in talks with a prospective buyer, as details of a share offer leak out. It has released the following statement.
Following extensive discussions, Land Rover and KPMG, the receivers of UPF (UK) Limited, have today reached an agreement which will safeguard jobs and guarantees the supply of chassis for the Discovery model.
Pendragon, the UK's largest dealer group, enjoyed one of its most successful years in 2001, posting pre-tax profits of £30.6m, compared to £4.1m in 2000. Turnover increased 5% to £1.7bn.
Each month Grant Thornton Motor Retail plots the movement in share price of the 15 quoted motor retail distributors, and compare the 12-month trend to the change in the FTSE All Share index and the 'Motor Distributors Index', which is in effect the average performance of the 15 share prices. These latter two indices are based on monthly trends in movement, and do not cover their true price (the FTSE All Share trades around 2,600 which simply will not fit on the graph axes).<p>
Companies which won gold, silver and bronze trophies in the Automotive Management Awards 2002 were honoured at the Birmingham ICC last night.
UnitedAuto Group, the £4bn turnover US motor retailer, has agreed to pay £94.3m for Sytner Group, the UK's 18th biggest dealer business with annual sales topping £500m.
Land Rover is finalising a settlement with receivers KPMG that will see it taking effective control of the collapsed components supplier UPF-Thompson.
Sytner Group has renamed its Stonelake Land Rover dealership in Wakefield Guy Salmon, the name synonymous with the marque.
Harratts will open a £2m Volvo showroom in Bradford next month, a city it believes is set for massive investment.
E-trading in the motor industry has been given a boost by this week's European Commission announcement on revised block exemption, according to Epyx.
Virgin Cars believes the changes to the rules regarding the distribution and sale of new cars is good news for the British consumer and will herald cheaper cars and after-sales servicing.
Fred Maguire, Lookers executive chairman, has welcomed the European Commission's draft proposals for car retailing.
The European Commission said today it wanted to create a better deal for car buyers throughout the EU by increasing sales competition.
Sytner Group was today in talks with a company interested in making a take-over bid. The £532m turnover group is the UK's largest dealer group in terms of sales.
