• UK auto sector is worldclass
    • 12/11/2015
    • Posted by: Simon Wait
    • Category: News
    The UK automotive sector’s workforce is one of the world’s most productive – but action is needed to address a shortage of skilled engineers and operators, according to new research by the Automotive Council. The report, which ranks the UK’s strengths and attractiveness for automotive investment against [...]
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  • JLR to cut costs by £4.5 billion
    • 09/11/2015
    • Posted by: Simon Wait
    • Category: News
    Luxury carmaker Jaguar Land Rover (JLR) has launched a secret project to cut costs of £4.5 billion ($6.8 billion) and build 1 million cars per year by the end of the decade, reports the Sunday Times. The project, dubbed Leap 4.5, will entail building more cars on similar core skeletons, overhauling the carmaker's [...]
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  • Car dealers concerned over car clocking
    • 29/10/2015
    • Posted by: Simon Wait
    • Category: News
    Over 70% of dealers surveyed by HPI, are concerned about damaging their reputation by inadvertently selling on a clocked vehicle. With 1 in 20 cars checked with HPI recorded as having a discrepant mileage, dealers are right to be fearful of clocked cars. Also high on the list of concerns is the safety risks [...]
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  • Toyota overtakes VW in sales
    • 26/10/2015
    • Posted by: Simon Wait
    • Category: News
    Toyota has retaken to the top spot in global vehicle sales after releasing figures for the first nine months of the year. The Japanese firm sold 7.5 million in the first three quarters of 2015, beating Volkswagen's 7.43 million and General Motors' 7.2 million. After the first six months of the year, VW overtook [...]
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  • VW crisis may benefit system suppliers
    • 16/10/2015
    • Posted by: Simon Wait
    • Category: News
    Vehicle emissions-control system manufacturers such as Johnson Matthey and France's Faurecia are set to gain more from the scandal that Volkswagen is currently caught up in, investors say. VW needs to fix up to 11 million vehicles worldwide, and the scandal is likely to lead to tighter regulation for the automotive [...]
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  • Toyota unveils bold new environmental targets
    • 14/10/2015
    • Posted by: Simon Wait
    • Category: News
    With the aim of contributing to global environmental sustainability, Toyota has developed an ambitious set of goals to be achieved over the next 35 years. Addressing key global environmental issues such as climate change, water shortages, resource depletion, and degradation of biodiversity, the Toyota Environmental [...]
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  • VW to cut investment by £750M
    • 13/10/2015
    • Posted by: Simon Wait
    • Category: News
    Volkswagen has said it will cut investment by €1bn ($1.1bn; £750m) a year as a result of the diesel emissions scandal. The troubled German carmaker said efficiency and technology would be the company's watchwords as it ‘repositioned itself for the future’. It added that all new diesel cars would be fitted [...]
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  • Suzuki to buy back VW stake
    • 16/09/2015
    • Posted by: Simon Wait
    • Category: News
    Japanese car maker Suzuki, is to buy back the 19.9 per cent stake held by top shareholder Volkswagen AG for up to £2.53 billion, after an international arbitration court last month ordered the German automaker to sell its holding. Suzuki said on Thursday it will repurchase as many as 122.77 million shares at [...]
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  • New car finance volumes up 13%
    • 11/09/2015
    • Posted by: Simon Wait
    • Category: News
    Figures released today by the Finance & Leasing Association (FLA) show the number of new cars bought by consumers on finance provided through dealerships increased by 13% in July, compared with the same month last year. The percentage of private new car sales financed by FLA members through dealerships in the [...]
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  • Car firms urged to review customer contracts
    • 09/09/2015
    • Posted by: Simon Wait
    • Category: News
    Law firm Moore Blatch is warning car dealerships and any other consumer-facing businesses to review their customer sales contracts and check compliance ahead of the Consumer Rights Act, which comes into force on 1st October 2015 and will give consumers new rights in respect of faulty or not as described goods, [...]
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