Lookers is expected to close a deal for two Volkswagen outlets by the end of the month.
Used car values will fall by eight per cent this year, according to Eurotaxglass.
Tata's plans to buy UK-based carmakers Jaguar and Land Rover is being strengthened by its intention to raise $1 billion through long term securities.
Seat is continuing to utilise sponsored retailer sites to improve its presence in key urban areas. It has just opened Bristol Seat, the largest dealership in the franchised network, and a site in Liverpool, now open for trading, will launch officially in July.
The National Franchised Dealers Association will be meeting with European Commission competition commissioner Paolo Cesarini later this month to put forward its submission to the Block Exemption 2010 debate.
HR Owen, the prestigious London car retail group run by Nick Lancaster, is in play with big blocks of shares being scooped up by a wealthy car dealer running a string of retailers in Australia.
Drivers of larger vehicles will be hit with increased car tax, following on from Chancellor Alistair Darling’s budget announcement
Lookers' profit from operations is up a fifth from the previous year, according to its preliminary results for year ending 31 December 2007.
Carter & Carter hopes business will return to normal today after support service providers stopped working yesterday for fear of not being paid, leading to 13 apprentices from its Newport site to be sent home.
Last week’s National Apprentice Week further highlighted the importance of developing skills in the motor industry.
