News

With the dramatic fall in new car sales dealers are increasingly turning to the government-funded Motability scheme to generate business, according to Network Automotive, the independent consultancy.

The average auction values for light commercials climbed for the third successive month, according to BCA's monthly Pulse report.

Fiat chief executive Sergio Marchionne is pressurising Chrysler to cut labour costs at its US and Canadian plants or wave goodbye to the proposed partnership between the two firms.

Shares in car dealers quoted on the London Stock Exchange rallied yesterday on hopes the government is going to push through a scrappage scheme in the Budget on April 22.

Dealer finance remains the most popular way to fund car purchases despite a sharp decline in demand during February, according to the Finance and Leasing Association (FLA).

Average used car values are continuing to rise but the rate of growth may be slowing, according to the latest BCA Pulse market report.

Companies are going green with their company car policies, according to the PricewaterhouseCoopers LLP Company Car UK report.

 Organisers of Motorexpo, the motor event that takes place in Canary Wharf are gearing up for the 2009 event.

The British car industry yesterday received a boost with EU approval for loans to Jaguar Land Rover and Nissan.

Gordon Brown has promised to make the UK a world leader in green technology and to kick-start a green recovery in the Budget on April 22.