The Gilder Group has acquired Heron Volkswagen Group for an undisclosed sum.
Read More »Values of 4x4s continue to rise
Demand for 4x4 vehicles is set to continue in 2011 with values on the rise, according to Glassβs Guide. βAt the start of January all the indications were that 4x4 prices were continuing upwards at a faster pace than all other sectors of the market.
Read More »Car production rises 27 per cent in 2010
The recovery in the UK motor industry continued throughout 2010 with production of cars, CVs and engines all showing increases. UK car production rose 27.1 per cent in 2010 to 1.27 million units and was up 10.6 per cent in December.
Read More »Rising fuel prices change driving patterns
Rising fuel prices are changing driving habits and may yet damage sales of large SUVs. Two thirds of Brits have been forced to change their driving habits because of record fuel prices, according to new research from moneysupermarket.com. A total of 62 per cent have reduced the amount
Read More »Dealer profitability down in November and YTD
Franchised dealers lost an average of Β£3,000 during November and are tracking behind 2009 in the year to date...
Read More »McLaren Birmingham dealership opens in April
McLaren Automotive continues to push ahead with plans for its three UK dealers. It will open its first UK dealership in...
Read More »Skoda appoints new head of marketing
Heidi Cartledge has been promoted from Skoda national communications manager to head of marketing for the brand. Cartledge will be responsible for all Skoda brand and product marketing communications in the UK, including media planning and buying, advertising, digital, retailer support, events and sponsorship.
Read More »Dealer finance sales rise on used cars
The number of used cars sold through dealer finance rose year-on-year by 16 per cent in November while new sales fell by 11 per cent, according to the Finance and Leasing Association (FLA). Dealers provided finance for 51,129 used cars and 36,224 new cars in November 2010...
Read More »Kia appoints head of fleet and remarketing
Kia Motors (UK) has appointed John Hargreaves as head of fleet and remarketing Hargreaves joins Kia from Motability Operations where he was manufacturer account manager.
Read More »McLaren appoints sales and marketing director
McLaren Automotive has appointed Greg Levine as sales and marketing director to spearhead the launch of the McLaren MP4-12C. Levine has over 15 years automotive industry experience, including a five-year stint as head of Audi South Africa.
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