Fuel and Automotive Property Advisers
+44 (0) 121 308 6060
17.06.2009
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...
16.06.2009
The Vauxhall dealer group Bicknells, which went into administration a few weeks ago, has now been bought by Brindley Garages. Brindley Garages already has one Vauxhall dealership in Cannock.
10.06.2009
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
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
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
The Government has proposed a 5% increase in business rates from April 1. Retailers have been protected from big jumps in their business rates by a “transitional relief” system, which ensures increases are...
02.06.2009
Car dealers are an endangered species and their number in the UK will be significantly reduced in the future, according to an industry analyst. PricewaterhouseCoopers said the severe drop would be a result...
02.06.2009
Vauxhall and Opel are to be acquired by Canadian parts firm Magna and Russian state-owned bank Sberbank. It is believed that Magna, Sberbank and General Motors (GM) have signed a memorandum of understanding...
02.06.2009
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...
02.06.2009
More than 35,000 new cars have been ordered through the UK’s scrappage scheme since it was announced in April, government figures show. The introduction of a vehicle scrappage scheme was announced in the...