• 13.11.2009

    Vehicle dealers crashing into losses in 2008

    2008 will be remembered by motor dealers as the year the car market crashed and profits slammed into reverse. Over 40 per cent of the 138 Motor Trader Top 200 companies disclosing 2008...

  • 09.11.2009

    New car sales rise 32% in October

    New car registrations rose 31.6 per cent in October to 168,942 units, according to figures released by the SMMT. The registrations were fuelled by private registrations up 86 per cent for the month...

  • 02.11.2009

    Automotive insolvencies rose in September

    The rate of insolvencies in the automotive sector rose in September with 42 firms going out of business, according to Experian. The total number of insolvencies increased by 35.5 percent from August to...

  • 02.11.2009

    Retailers fear outcome of rate review

    Retailers are bracing themselves for significant business rate hikes after the new rateable values were issued by the Valuations Office Agency (VOA) last month. Paul Sewell, managing director at forecourt rating specialist MUA...

  • 29.09.2009

    Scrappage scheme to be extended

    The Government is to extend its car scrappage scheme to include a further 100,000 cars and vans. The scheme, which started in May, gives consumers £2,000 off a new car if they trade...

  • 11.09.2009

    Magna confirmed as GM Europe’s chosen buyer

    General Motors (GM) has chosen the Canadian car parts manufacturer Magna to buy Opel and sister firm Vauxhall. An announcement has been made by GM’s board, declaring it supports the Magna and Sberbank...

  • 07.09.2009

    Manufacturer grows retail network

    Hyundai has appointed 10 new dealers bringing its network total to 141. The dealerships will be up and running by early September. Hyundai has seen its UK sales rocket on the back of...

  • 03.09.2009

    Straining at the lease

    As retailers throughout the land comb every nook and cranny of their businesses looking for different ways to keep costs down, Barber Wadlow is ensuring they don’t miss out on the bigger picture,...

  • 18.08.2009

    Pendragon sees recovery

    Vehicle dealer, Pendragon, has reported a “significant turnaround” in the first half of the year as it saw improvements in both the new and used car markets. The owner of the Stratstone and...

  • 13.08.2009

    July new car registrations up 2.4%

    New car registrations rose by 2.4% in July 2009 to 157,149, the first month of growth since April 2008. The latest figures from the Society of Motor Manufacturers and Traders put the rise...