Category Archives: News

Hella reports strong six-month figures

Automotive supplier Hella has announced positive sales and earning for the first six months of its fiscal year 2018/2019. Currency and portfolio-adjusted consolidated sales rose by 7.3%. Taking into account exchange rate effects and the divestment of the wholesale distribution business, the reported sales increased by 2.8% to €3.6bn. The adjusted earnings before interest and taxes (EBIT) increased during the […]

IAM RoadSmart backs speeding crackdown

IAM RoadSmart has backed the National Police Chiefs’ Council’s (NPCC) current crackdown on speeding on UK roads, saying that there is clear evidence that ‘speed kills.’ The NPCC is encouraging police forces around the country to highlight these dangers in their own areas in the two-week campaign, which started on 14 January. Neil Greig, IAM RoadSmart director of policy and […]

Ford and VWG announce alliance

Volkswagen AG and Ford Motor Company have announced the first formal agreements in a broad alliance that positions the companies to boost competitiveness and better serve customers in an era of rapid change in the industry. Volkswagen CEO Dr Herbert Diess and Ford CEO Jim Hackett confirmed that the companies intend to develop commercial vans and medium-sized pickups for global […]

SMMT responds to Brexit vote

The Society of Motor Manufacturers and Traders (SMMT) has responded to last night’s historic defeat for the government’s proposed deal on leaving Europe. Mike Hawes, SMMT chief executive, said, ‘The vote against the Brexit deal on the table brings us closer to the ‘no deal’ cliff edge that would be catastrophic for the automotive industry. All sides in parliament must […]

ABI statement on Brexit deal defeat

The Association of British Insurers (ABI) has responded to the government’s defeat in Parliament on its proposed Brexit deal. Huw Evans, director general, said, ‘We need a way forward urgently that avoids no-deal. This is uncharted territory and we face a period of unprecedented uncertainty. It is critical that the Government, Parliament and the EU work together to avoid an […]

Ghosn denied bail

Carlos Ghosn has been denied bail in Japan. The former Nissan chairman has been detained since November on allegations of financial misconduct. He now faces at least another two more months in jail as his case heads to court. The former head of the car-making alliance of Nissan, Renault and Mitsubishi, is accused by Japanese prosecutors of understating his income […]

SMMT statement on Brexit vote

The Society of Motor Manufacturers has commented ahead of tonight’s meaningful vote in Parliament on Theresa May’s Brexit deal. Mike Hawes, SMMT chief executive said, ‘As MPs prepare to vote on the government’s Brexit deal, we urge them to remember they hold the future of the British automotive industry – and the hundreds and thousands of jobs it supports – […]

Lotus adds to executive team

Group Lotus has announced two new senior appointments to its executive team. James Andrew joins from leading automotive and luxury communications agency, Influence Associates – the business he helped establish. He joins the Lotus executive team as Director of Communications, effective immediately. Simon Clare is a highly experienced brand and product strategist and joins from Sunseeker International where he held […]

Online shift continues apace

Major growth in online used car sales at BuyaCar.co.uk during 2018 underlines a shift towards consumers preferring convenience and transparency over the traditional way of buying cars. A hike in sales of more than 70% for online motor retail specialist BuyaCar.co.uk contrasted sharply with 6.8% fewer sales in the conventional ‘bricks and mortar’ dealer market. Motor retail is now increasingly […]

Autoclenz marks 50 years in business

Autoclenz is celebrating 50 years in business in 2019, servicing the valeting and cosmetic repair sectors within the motor industry. Autoclenz is a multi-million-pound enterprise at the cutting edge of the customer experience, which has earned them a reputation for excellence within the automotive industry. CEO of Autoclenz, Grahame Rummery said, ‘Over the years, we are proud to have driven […]

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