Used car values down 2% in April, reports NAMA

According to figures compiled by the NAMA, (National Association of Motor Auctions) typical seasonal trends during April emerged resulting in a 2% fall in auction prices in compared to March’s figures, with the average sale [...]

[ More ] May 14th, 2012 | No Comments | Posted in Motor Trade Blogs |

Would you Adam and Eve it! Vauxhall reveal new model name

Vauxhall have announced the name of their new small urban car to be revealed at the Paris Motor Show this September, which will then hit the showrooms in early 2013 at a price of just over £10,000. Known up until now as the code [...]

[ More ] May 10th, 2012 | No Comments | Posted in Motor Trade Blogs |

Land Rover Freelander 2 production hits 300,000

Jaguar Land Rover celebrated an important milestone this week as the 300,000th Land Rover Freelander 2 was driven off the production line at its Halewood facility. Land Rover began manufacturing the Freelander [...]

[ More ] May 9th, 2012 | No Comments | Posted in Motor Trade Blogs |

Private demand drives April new car market growth

New car registrations have risen by 3.3% this April to 142,322 units compared to last years figure for April 2011 of 137,746. This was the third and biggest increase this year, with year-to-date volumes up 1.4% compared to 2011 [...]

[ More ] May 8th, 2012 | No Comments | Posted in Motor Trade Blogs |

The world’s fastest crossover goes into limited production

Nissan has announced that its Juke-R prototype will enter limited production on a build-to-order basis – but if you have to ask the price you can’t afford it! The Juke-R is the result of the Nissan Europe Technical Centre in Cranfield [...]

[ More ] May 8th, 2012 | No Comments | Posted in Motor Trade Blogs |

Big plus for Audi as new TT model goes on sale in the UK

The most powerful Audi TT model, the new “RS plus” is now available to order in the UK for summer delivery, with prices ranging from £48,945 to £52,265 with an automatic transmission. Its 2.5-litre turbocharged five-cylinder engine [...]

[ More ] May 4th, 2012 | No Comments | Posted in Motor Trade Blogs |

Private equity firm to acquire CAP

Montagu Private Equity has reached an agreement to acquire Leeds-based CAP, provider of used car values information to the automotive industry, for an estimated £175m from Top Right Group (formerly Emap International). With the support of Montagu, management plans to continue CAP’s impressive [...]

[ More ] May 4th, 2012 | No Comments | Posted in Motor Trade Blogs |

Independent Garage Labour rate survey published

According to a new survey from the Retail Motor Industry Federation’s (RMI) Independent Garage Association (IGA) which questioned over 2000 IGA members, independent garages are charging an average of £40 an hour [...]

[ More ] May 3rd, 2012 | No Comments | Posted in Motor Trade Blogs |