Category: Industry News

Vertu warns of ‘disconnect’ between SMMT figures and actual sales

Vertu Motors said today that dealers are increasingly self-registering vehicles to meet the sales targets set by carmakers. The group, which is expecting record profits and revenues, said the high

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car mechanics

Fleet demand powers 12% new car market rise in February

The new car market has officially grown month on month for three years with registrations up in February by 12%, according to figures released by the SMMT. A 20% increase

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car mechanics

Auto Trader promotes scale of its valuations service

Online classified group Auto Trader is pushing the credentials of its valuations service. It said it made 770,000 valuations for consumers in January. The valuations are based on around half

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car mechanics

Dealers come under increasing pressure to self-register cars

Dealers are becoming increasingly dissatisfied with the pressure they are under from  carmakers to self-register vehicles to meet targets. The Winter NFDA Dealer Attitude Survey asked dealers how satisfied they

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car mechanics

LeasePlan suppliers recognised for ‘exceptional’ service

LeasePlan has announced the winners of its annual supplier awards that recognise outstanding service. The awards were presented at the LeasePlan Supplier Conference last month (February), which was held at

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car mechanics

Lex records 7% vehicle fleet growth in 2014

The UK’s largest leasing company Lex Autolease achieved 7% growth in its fleet during 2014 to 297,000 vehicles. Customer assets also increased by 10% to £3.3bn in 2014 Lex said

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car mechanics

CD Auction Group creates fleet services arm

Remarketing company CD Auction Group has created a new division aimed to better serve its fleet, leasing and contract hire customers. Dubbed CD Fleet Services, the division will focus on

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car mechanics

Auto Trader to float on London stock exchange

Auto Trader, the largest online used car classifieds website in the UK, has announced its intention to float on the London stock exchange. It is expected its admission to the

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car mechanics

GE Capital to launch van fleet research at CV Show

GE Capital Fleet Services will launch this year’s company van research at the Commercial Vehicle Show being held at the NEC Birmingham in April, with an executive summary being made

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car mechanics

CD Auction Group launches new service for trade buyers

Vehicle re-marketing company CD Auction Group is to create a new trading division to better serve its franchised and independent used car customers. The new division will eventually trade as

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car mechanics

Apple and Google preference could segment younger car buyers, says Glass’s

Personal preference for an iPhone or Android smartphone could soon dictate the car choice of younger buyers, predicts Glass’s. The publishers of the trade pricing bible say motor manufacturers are

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car mechanics

Latest Euro NCAP results revealed

The new Audi TT has been awarded a four-star safety rating, and both the Renault Traffic and Vauxhall Vivaro have been awarded three stars in the latest Euro NCAP tests.

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