• 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...

  • 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,...