• 15.07.2009

    New bidder for GM Europe

    Belgium-based RHJ International believes it can make General Motors Europe profitable by 2011 and has said it wants to keep Vauxhall's two plants open. The Financial Times has learned that RHJ is at...

  • 13.07.2009

    Continued demand for petrol filling station investments

    Petrol filling stations continued to attract strong interest at Allsop's July 2009 auction. • Somerfield-let sites (guaranteed by Co-Op) achieved 6.6% - 7.3% NIY. • Ground lease investments let to Shell achieved yields...

  • 26.06.2009

    Brooklyn Motors - In Administration

    Brooklyn Motors, with a turnover of £150million, has gone into administration. The group had approximately 17 franchised outlets located predominantly in Gloucestershire and Worcestershire. Vertu Motors has already bought part of the group,...

  • 17.06.2009

    Private equity group on standby for GM Europe

    Private equity firm Ripplewood is understood to be ready to make a bid for GM Europe should the original agreement with Canadian parts firm Magna fail. Ripplewood was one of four parties interested...

  • 10.06.2009

    Infiniti’s first UK partner announced

    Infiniti Europe has revealed that its first UK partner to sell its models in the UK will be Rymco UK, a wholly owned subsidiary of Rasamny Younis Motor Co and Infiniti’s partner in...

  • 10.06.2009

    PETROL FILLING STATION REQUIREMENT: EAST ANGLIA

    Site Criteria: * Operational site * 2,500,000 litres plus * Shop turnover of £350,000 plus * Must provide / have scope to accommodate ancillary facilities (valeting, ATM, etc) * Preference for opportunities with...

  • 03.06.2009

    Improvement in fuel sector investment market

    Recent auction results suggest that investors are once again regaining confidence in the property market, but in particular are focusing on investment stock in the petrol retailing sector. A selection of ground lease...

  • 02.06.2009

    Fiat bid for Chrysler approved

    Fiat’s bid for Chrysler has been given court approval which should allow the US manufacturer to exit Chapter 11 bankruptcy protection soon. Fiat will control 20% of Chrysler which it will acquire for...