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OUR LATEST ISSUE Car Dealer Issue 40
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Motors
Douglas Stafford

Motor Recruit


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Car Dealer Magazine

NEWS rss

Chancellor’s boost

THE Chancellor has delivered his Autumn Statement today – and for the UK automotive industry there’s some good news. George Osbourne said the R&D tax credit system would be reviewed, meaning victory for the automotive and broader manufacturing sector. The announcement follows a campaign by the SMMT and EEF to have the credit process revised. The [...]

Bentley receives £1.68m

BENTLEY Motors has received a ‘conditional allocation’ of £1.68m financial support from the Department for Business. The funding – as part of the Department for Business Regional Growth Fund –  will help to maintain and further enhance skill levels amongst Bentley’s 3,500 strong Cheshire-based workforce as the company gears up to meet increased demand. This is [...]

Budget 2011: The reaction

WHAT does 2011′s Budget mean to car dealers? Here industry experts explain all in our round-up. Today Chancellor George Osbourne delivered the Budget with a hold on fuel increases, fuel prices to be dropped by 1p, an extra £100m to be found to fund pothole work on the nation’s roads, and the reduction of Corporation [...]

Budget 2011: The analysis

CHANCELLOR George Osbourne has delivered his second Budget, setting out his plans for 2011. That means the growth forecast is down from 2.1 per cent to 1.7 per cent to 2011, and down from 2.6 per cent to 2.5 per cent in 2012. The Office for Budget Responsibility expects inflation is to remain at four [...]

Warning: Scrap danger

FORECASTERS say more cars will be built in the next 20 years than in the ENTIRE HISTORY of the car industry to date! This is set to create problems for car manufacturers and owners alike, if the worldwide recycling business does not create international standards. There is a fear that millions of scrapped cars could [...]



Car dealer's Oz PM row!  

Car dealer’s Oz PM row!

 

AUSTRALIAN car dealer John Grant Motors is right at the centre of a big political storm down under. An e-mail has apparently emerged, which claims that PM Kevin Rudd tried to help push through a government loan for a friend. The friend happens to be car dealer John Grant, says the BBC. What’s more, the [...]

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Scrappage sales top 60k!  

Scrappage sales top 60k!

 

OFFICIAL sales figures today show the big positive effect scrappage is having on new car sales. More than 60,000 orders have been placed so far – despite the scheme being ‘live’ for less than a month. ‘These figures speak for themselves,’ business secretary Lord Mandelson told the BBC. ‘Consumers know a good deal when they [...]

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Green dealer info upped  

Green dealer info upped

 

HPI has updated its CO2 Certificate information sheet for used cars, reflecting Government changes. Since 1 May, new cars have used an extended colour-coded CO2 information system. The number of bands has increased from 7 to 13. HPI has now reflected these in its info sheet for used cars. What’s more, it means car dealers [...]

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UK cash aid for Vauxhall?  

UK cash aid for Vauxhall?

 

GOVERNMENT ministers could give cash aid to Vauxhall, if it helps secure the car maker’s UK future. The BBC reports that Lord Mandelson has ‘not ruled out making a financial contribution’. Reports come as the German Government nears announcing a preferred bidder for Vauxhall’s partner, Opel. BBC sources report that four firms are in the [...]

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22.05.09: Big Government profit from scrap…  

22.05.09: Big Government profit from scrap…

 

NUMBER crunchers have been to work, and discovered that Government will profit big from the scrappage scheme! The Government, as we know, is ploughing £300 million into the scheme. This is half what car firms predicted. At the last minute, Ministers decided car makers would have to pick up half the tab. And how they’re [...]

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Scrap to MAKE money  

Scrap to MAKE money

 

CAR buying website Parkers has FOUND Government is actually going to MAKE money from the scrap scheme! The shock revelation proves that the Treasury will profit from every single car sold through the scheme. This is because of the VAT returns each sale brings. These far outweigh the cash incentive the Government is putting in [...]

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Future advice revealed  

Future advice revealed

 

CAR dealers have welcomed findings of an in-depth study into what the future holds for the UK car industry. The Government-supported New Automotive Innovation and Growth Team has just reported back, with a series of key findings for car dealers to assess. Recommendations include: •    Forming joint industry-Government council •    Focus UK R&D on low-carbon [...]

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Profits on a plate  

Profits on a plate

 

CAR owners can now be patriotic and fly their country’s flag – thanks to a change in the law. Car number plate suppliers are now allowed to produce registration plates with the Union flag, Cross of St George, Saltire or Red Dragon of Wales. Transport secretary Geoff Hoon has pressed through the change, which he’s [...]

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SCRAP: Our questions...  

SCRAP: Our questions…

 

GOVERNMENT risks the initial positive impetus of the scrap scheme being washed out, as doubts creep in. A lack of clarity over the details of the scheme has meant speculation over the weekend has been rampant – with many contradictory messages flooding the car market. Car dealers, manufacturers and buyers are currently in a state [...]

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£5k for green car buyers?  

£5k for green car buyers?

 

GOVERNMENT subsidies of up to £5000 are to make green electric cars more affordable and viable. The plans come as part of a £250 million plan to boost low-carbon transport – and are separate to the rumoured new car scrappage scheme. Reports by the BBC suggest the £5k subsidy will help promote electric cars, which [...]

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SCRAP: Taken to No. 10!  

SCRAP: Taken to No. 10!

 

CAR dealers have taken their call for a new vehicle scrappage scheme to the heart of Government. An online petition has been set up, imploring the PM to launch the new car sales incentive. Set up by digital marketing specialists iDealer, the petition calls for the Government to offer buyers £2000 towards the purchase of [...]

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Scrap would SAVE lives  

Scrap would SAVE lives

 

DEATHS on the road would be saved ‘in their hundreds’ says the AA, if a scrappage scheme is introduced. AA President Edmund King has written to Government ministers, to point out just how safe modern cars are. The scheme would take old cars off the road and replace them with safe new ones. In a [...]

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Inside take on scrappage  

Inside take on scrappage

 

SCRAPPAGE plans for new cars are gathering momentum – so we sought the views of an industry insider. Car Dealer Magazine contacted our source from Kia, who was ahead of the curve in predicting the importance of the scheme at the Geneva Motor Show. ‘It does seem to be growing large on the radar – [...]

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