
BVRLA appoints first chief executive
New job title reflects the growing stature of the association and John Lewis' profile within the automotive industry
Eight years after joining the association as its sixth director...
BEN announces its Grand Prize Draw Winner
Winner of the BMW K 1200 R motorcycle, from BEN's National Prize Draw, was Mr.
Denis O'Dell from Hartland in Devon. Mr. O'Dell is a long time supporter of BEN starting as a member of the Bedford Cent...
Japanese vehicle sales plunge 22%
Japanese vehicle sales had their worst December on record, with demand plunging 22% compared with the same month of 2007.
December sales of cars trucks and buses fell to 183,549, according...
Motorpoint upbeat about sales in 2009
Car supermarket giant Motorpoint expects UK car sales to hold up next year - inspite of the current economic downturn.
The company believes 2009 will be another year of continued growth fo...
Gloomy predictions for car makers
The car industry has a gloomy year ahead of it, according to an Oxford expert.
Pete Kelly, of JD Power Automotive Forecasting, said volume losses for car makers are inevitable, because the...
Toyota braced for historic loss
Japan's biggest carmaker Toyota has forecast its first annual loss in 71 years due to plummeting sales and a surge in the value of the yen.
The firm said it expected a loss of 150bn yen (£...
Tata 'to inject cash into Jaguar'
Tata Motors, the owner of Jaguar Land Rover, is to inject "tens of millions" of pounds into the British carmaker, according to the Financial Times.
A spokesman for Tata Motors did not deny...
Possible respite for values of nearly-new cars
Analysis by industry experts EurotaxGlass's has revealed that the volume of nearly-new vehicles being offered for sale at the end of 2008 is around 35 per cent lower than was the case during the same...
Bush unveils $17.4bn car bail-out
President George W Bush said allowing the US car industry to fail would not be "a responsible course of action".
Carmakers will get $13.4bn in short-term financing from the $700bn Wall Str...
New Chairman and Managing Director for Ford of Britain
BRENTWOOD, Essex, December 17, 2008 - Joe Greenwell has been appointed chairman, Ford of Britain, and Nigel Sharp has been named managing director, from January 1, 2009. They replace Roelant de Waard,...
Latest dealer survey by Manheim shows effect of downturn on used car activity
New research conducted by Manheim Retail Services during December 2008 has revealed the true impact of the recession on dealers' used car sales. Questioning a broad cross-section of mixed franchise re...
MEPs approve car CO2 emission cuts
The European Parliament has approved European Commission plans to curb car emissions from 2012.
MEPs have now voted on the measures put forward by the Commission earlier this month (Decembe...
Government confirms Jaguar talks
The government has held talks with Jaguar Land Rover over the possibility of state aid for the carmaker, Business Secretary Lord Mandelson has confirmed.
He said no decision had yet been m...
Car industry to focus on crisis
Car industry bosses are meeting in Birmingham to discuss the manufacturing crisis that could affect up to 90,000 jobs in the region.
Representatives from about 70 car component making firm...
Honda slashes its profit forecast
Japanese carmaker Honda has cut its annual profit forecast by 62% amid falling global car demand and the soaring yen.
The second-largest carmaker in Japan now expects 185bn yen ($2.1bn, £1...
Wanted: Quality used cars
Buyers hunt out no frills used cars at the right price
As the UK gets to grips with a collapsing new car market, HPI, the vehicle history check experts, reports that the looming rece...
Used car sales plummet in Q3 2008
Market insight key to adapting successfully to tough trading conditions
Sales of used cars during Q3 2008 plummeted to their lowest point since 1999, according to the latest statisti...
Lenders look at rescue for Pendragon
Lenders to highly indebted Pendragon, the UK's largest dealership group, are attempting to come up with an innovative way to rescuer the company which could avoid the need for a debt-for-equity swap.
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Scrap VED refund change RMIF tells government
Changes to Vehicle Excise Duty (VED) coming into force on 1 January 2009 will have a negative effect on car dealer cash flow, with a resulting impact on business viability, and additional expense for...
106 jobs to go at car parts firm
A company supplying parts for the car industry is planning to make 106 of its 153 workers redundant.
Stadco Powys, which is based in Llanfyllin, blamed the economic climate and a downturn...
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