News

ASE, the automotive business management provider, is set to merge with its sister company Trevor Jones, the specialist motor trade accountancy firm.

Ford and GM are increasing prices in the UK in response to the drop in the pound's value.

Porsche's international revenues slumped by 14.3 per cent to 3bn Euros for the first six months of its financial year ending 31 January 2009.

Demand for used cars increased in January causing values to rise, according to auction house Manheim.

Tim Abbott has been promoted from sales director to the new managing director of BMW (UK).

Dealers have 60 days left to claim VAT refunds on demonstrator vehicles, specialist motor trade accountancy firm Trevor Jones warned today. Operators who had a franchised business that is now dissolved have even less time to claim as it can take up to six weeks for a dissolved company to be resurrected to the Companies House Register.

Honda is going to close its plant in Swindon for four months starting next week.

Fledgling dealer group Regent Automotive, which bought four Volvo dealerships from HR Owen earlier this month in a management buy out, has plans to grow the business in other metropolitan areas after consolidating in 2009.

The IMI and Remit have welcomed the government's decision to increase funding for training in the automotive sector as part of its £2.3bn package to kick-start the automotive sector..

New restrictions on the sale of payment protection insurance (PPI) will mean dealers will not be allowed to sell it at the same time as finance packages, warned the RMIF.