BBC News reports the details of US carmaker Chrysler’s bankruptcy protection deal and it’s alliance with Fiat. US President Barak [...]
Read the rest of this entry »Archive for April, 2009
Chrysler ‘to enter bankruptcy protection’
The inevitable has happened and Chrysler is to now enter bankruptcy protection after failing to persuade a number of hedge [...]
Read the rest of this entry »US could take majority stake in General Motors
Autowired is reporting that The United States Government could take a majority stakeholding in struggling General Motors in an aggressive [...]
Read the rest of this entry »Chrysler on the brink
BBC News reports that Chrysler is just hours away from a deadline that could force it to file for bankruptcy [...]
Read the rest of this entry »Valuing trade-ins by the book, but which book?
The motor trade use a variety of methods to arrive at car valuations, two of them being The Glasses Guide [...]
Read the rest of this entry »LDV Vans apply for administration
The directors of beleaguered vanmaker LDV have applied for administration, raising fresh fears that hundreds of workers will lose their [...]
Read the rest of this entry »General Motors stick by Vauxhall
General Motors has no plans to scrap its Vauxhall brand, says CEO Fritz Henderson. Responding to questions about Vauxhall’s future, [...]
Read the rest of this entry »Used car activity slows down, but is this just the norm?
This week the auctions we visited have seemed somewhat quieter than of recent times, and as we have said before [...]
Read the rest of this entry »Mercedes first quarter sales down 27 percent
Germany’s Daimler has reported a loss for the first three months of 2009, after a big fall in the sales [...]
Read the rest of this entry »Fiat linked with Vauxhall/Opel
The Daily Mail reports that Fiat may consider taking over Vauxhall. Sergio Marchionne, who runs the Italian car maker, said [...]
Read the rest of this entry »The Motor Trade Rich List
With the recently published Sunday Times Rich List showing more losers than winners this year we thought it would be [...]
Read the rest of this entry »Daimler will give up its Chrysler stake
BBC News reports that German carmaker Daimler has reached a deal to give up its 19.9% stake in Chrysler, the [...]
Read the rest of this entry »Honda report massive profit drop
Honda has reported a 77% fall in annual profits after a big decline in sales. In the year to 31 [...]
Read the rest of this entry »VW well placed for global domination
In an effort to convince the US government that they can slim down and compete in the changing world market [...]
Read the rest of this entry »General Motors announce more cutbacks and the end of Pontiac
General Motors are planning to axe US dealerships by a further 42 percent to 3,600 and accelerate job cuts as [...]
Read the rest of this entry »VW considers move for Porsche
The Financial Times reports that Volkswagen is considering an audacious bid for Porsche’s automotive business, in another extraordinary twist in [...]
Read the rest of this entry »Chrysler reaches cost-cutting union deal
BBC News reports that Chrysler has reached an outline cost-cutting deal with its main US union as it continues efforts [...]
Read the rest of this entry »Don’t be seduced by the monthly payment
With car dealers striving to establish and maintain profit centres, car finance is the latest buzz phrase in the business. [...]
Read the rest of this entry »More bail-out cash for General Motors
BBC News reports that General Motors (GM) has received another $2bn (£1.4bn) in loans from the US Treasury, it has [...]
Read the rest of this entry »Ford Europe and Volvo report first quarter losses
Automotive News Europe reports that Ford’s European operations and its Swedish unit Volvo both lost money in the first quarter. [...]
Read the rest of this entry »When big is beautiful
I have never been one for small cars personally; I never have, and never will own one. It’s not that [...]
Read the rest of this entry »Ford results better than expected
BBC News reports Ford has achieved better-than-expected results for the first quarter of 2009 and says the carmaker does not [...]
Read the rest of this entry »51.3 percent drop in UK car production
BBC News reports that the number of new cars produced in the UK fell by more than a half in [...]
Read the rest of this entry »Sales people need to read the manual first
One of the positives which will hopefully remain once this downturn eventually recedes is that the showroom experience might be [...]
Read the rest of this entry »Fiat losses better than expected
Automotive News Europe reveals Fiat Group Automobiles are reporting a lower-than-expected first quarter loss today. The company swung to a [...]
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According to recent research used car buyers are most likely to buy a blue or black 5 door hatchback which is 3 years or older. Does that sound like you? 





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