Dealer property specialist Knight Frank is forecasting “some fallout” and “network reorganisation” in the retail networks of PSA and Vauxhall in the UK. While acknowledging that Citroen and Peugeot tend to trade from standalone facilities rather than dual-franchised it said with the addition of Vauxhall PSA group will likely have three dealership outlets in the majority of territories. “As such, ...
Read More »PSA buys Opel and Vauxhall for £1.9bn UPDATE
PSA has bought General Motors’ European Opel and UK Vauxhall units to become the second largest carmaker in Europe with a market share of 17%. PSA is paying €1.3bn for the Vauxhall and Opel car manufacturing business and €0.9bn for GM’s European finance arm, a total of €2.2bn. The deal is subject to various approvals. PSA has said it will ...
Read More »JCT600 opens new £1.1m Vauxhall showroom in Bradford
JCT600 has invested £1.1m in a new Vauxhall showroom in Bradford. The previous dealership, which was built in 1987, was demolished and replaced with a new building with 1,000sq m of floor space. The new showroom includes a cafe bar, toilets with baby changing facilities, a customer vehicle handover bay and a kids zone with an iPad and gaming station. ...
Read More »Motor Trade Radio on MT Top 60 Movers & Shakers, PSA and Vauxhall
This week on MotorTradeRadio.com, cap hpi’s Philip Nothard and Motor Trade Radio’s Derek Blair discuss the latest headlines from Motor Trader. The 2017 Motor Trader Top 60 Movers & Shakers has top billing with profiles of the best known personalities in motor retailing, including the leading car dealers and carmaker bosses in the sector. Also in the headlines this week ...
Read More »PSA confirms talks to buy Vauxhall and Opel from GM
PSA has confirmed it is in talks to buy General Motors’ European Opel and Vauxhall operations. If the move were successful it would create Europe’s second biggest carmaker behind Volkswagen. In a statement PSA said: “PSA Group confirms that, together with General Motors, it is exploring numerous strategic initiatives aiming at improving its profitability and operational efficiency, including a potential ...
Read More »Vauxhall unveils all new Insignia Sports Tourer estate
Vauxhall has revealed the look of the Sports Tourer version of its new Insignia range. The estate-bodied variant will make its debut at the Geneva Motor Show in March, alongside the already revealed Grand Sport saloon. Dealers will receive their first examples of the Grand Sport not long after the show, with the Sports Tourer following in the summer. ...
Read More »Vauxhall Zafira is fastest selling car in January
The Vauxhall Zafira was the fastest selling car in January, according to Auto Trader. The online classified website identified the 2013 Vauxhall Zafira MPV Diesel Automatic as the UK’s fastest selling used car for the month, taking an average of 26 days to leave the forecourt. It was followed by the Hyundai i30 hatchback diesel, which also took 26 days ...
Read More »Vauxhall reveals all-new Crossland X SUV
Vauxhall dealers will be selling the all-new Crossland X SUV from this summer. The model sits alongside the slightly bigger Mokka X and is targeted at buyers in the sub-compact market. The Crossland X will be marketed as a family vehicle, and will be sold in front-wheel-drive form only, while the Mokka X will be targeted at the more overtly ...
Read More »Motor Trade Radio on Lookers, CarShop and the London Motor Show
In this week’s podcast of MotortradeRadio.com Philip Nothard and Derek Blair discuss the week’s headlines from Motortrader.com. The London Motor Show gets off to a good start with Vauxhall signing up to exhibit at the event. While the UK saw record new car registrations in 2016, with the market driven by a strong fleet performance. On the dealer front Lloyd ...
Read More »Vauxhall signs up for 2017 London Motor Show
Vauxhall is the latest high profile name to join the line-up of the 2017 London Motor Show. Following the successful relaunch of the event in 2016, this year’s show returns to Battersea Park with Motor Trader as the B2B media partner. The show runs from 5 to 7 May, with a special trade preview on 4 May. Other names confirmed ...
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