NEWS

GOVERNMENT attempts to stimulate bank lending to small and medium car dealers have failed, says one expert. Clifton Asset Management boss Anthony Carty said that stimulation of bank lending through the Enterprise Finance Guarantee haven’t worked. ‘That 89 percent of business owners say they do not see any benefit in applying for support under this [...]

CONSUMER Affairs Minister Gareth Thomas has taken the unusual step of writing to car garages. In an open letter, he calls upon independent garages to sign up for the Motor Industry Code of Practice for Service and Repair. ‘The code has got off to an encouraging start,’ he said, ‘with some 5000 businesses already committed [...]

SCRAPPAGE was on the agenda yesterday, as the BERR and SMMT met for the first time after the Budget. Set for launch on 18 May, the meeting was called to determine exactly how the new car scrap scheme will work. Hosted in seminar style, the BERR hoped the car industry would take away sufficient information [...]

BERR chiefs have joined the SMMT in responding to Car Dealer Magazine’s questions – as the crunch meeting starts. Right now, industry bosses are meeting with the Department, to thrash out the specifics of the new car scrap scheme. Some of the issues they’ll be chatting about include the below… Be sure to let us [...]