News

The financial issues facing dealers will be addressed at next month's Financial Conference organised by Trevor Jones/ASE.

Manheim's Market Analysis shows a continued increase in used van prices in February.

The majority of UK consumers are in favour of a UK scrappage scheme for cars.

Jaguar XF can do no wrong and features heavily in the weekend press. Ken Gibson of The Sun is bowled over by the effortless ease with which it transported him to the Geneva Motor Show.

The number of reported motor finance fraud cases rose 4 per cent in 2008 as the downturn bit. 

Carmakers have called for a twin approach from government to jump-start stalled car sales by freeing up credit and launching a scrappage scheme.

Peugeot is pushing ahead with the revamp of its dealer network in the face of the economic downturn, according to UK head Pierre Colin.

Kia has extended its timeline to grow the Kia network from its current 142 dealers to 170 to take into account the economic downturn.

New car sales in Europe fell 18.3 per cent in February to 968,159 vehicles, compared to February last year, according to figures released by European carmaker trade body ACEA.

Nissan expects to lose 20 per cent of its UK dealers by the end of 2010, though the current economic climate could accelerate the process.