Car dealers are taking buyers for a ride by not being crystal clear regarding exactly how much interest they are going to pay on a car, says Which? Car. The consumer magazine sent three researchers to 15 car showrooms throughout the UK belonging to 5 of the leading brands (Audi, Citroen, Fiat, Peugeot and Vauxhall) in January 2010. The discussions … [Read more...]
Luxury used cars doing well despite fuel price hikes
April 30, 2010 By Leave a Comment
According to trade guide Glass's, the current continual rise in UK fuel prices is not necessarily having a negative impact on the market for used luxury vehicles, big prestige SUVs and supercars- the sections with many of the thirstiest cars on the market. Recent pump selling prices are at an all time high. UK drivers paid out a then-record 120 … [Read more...]
SEO, SEM, PPC and GPOM and an ad in the paper
April 30, 2010 By Leave a Comment
Your Page Title This page redirects to the original article. … [Read more...]
Renault turn the corner
April 30, 2010 By Leave a Comment
Renault have submitted forecast busting 1st quarter sales results and have confirmed their aim for positive free cashflow (operating cash flow minus capital expenditures) for 2010 as a whole, whilst at the same time forewarning of a tough economic environment. Carmakers whose sales have been buoyed through government scrappage incentive schemes … [Read more...]
Chris Evans to sell two magnificent Ferrari’s at Monaco Auction
April 29, 2010 By 1 Comment
With the election looming on the horizon and an austere world of belt tightening and general all round pain following on just behind it, it is nice to take a peek into the world inhabited by, how can I put this, the rather more fortunate than the rest of us. Someone who probably sits quite comfortably (in more ways than one) in that bracket is … [Read more...]
New car price rises and low consumer confidence means dealers need to change their approach
April 29, 2010 By Leave a Comment
Dealers need to ensure that they are meeting the expectations of customers who can no longer afford new cars following price rises and are buying used as an alternative, says Network Automotive. The company points out that the prices of new vehicles have risen to historically high levels at a point in time when consumer confidence remains low, … [Read more...]
Future looks bright for Ford as Europe makes a profit
April 28, 2010 By Leave a Comment
Ford Europe has reported a pre-tax operating profit of $107 million, compared with a loss of $585 million a year ago. Overall, the U.S. car manufacturer posted net income of $2.1 billion in the first quarter, almost twice the figure projected by analysts. The increase was fuelled by a 37 percent rise in U.S. sales. The profit compared with … [Read more...]
Honda return to profit
April 28, 2010 By Leave a Comment
Japanese carmaker Honda has reported a profit for the first three months of 2010, following losses a year ago. The company said it made a net profit of 72bn yen (£507m; $772m) between January and March, with sales up 28%. A recovery in the major US and Japanese car markets helped Honda, as well as expansion in developing markets including … [Read more...]
Used and abused
April 28, 2010 By Leave a Comment
Here at MTI we like to address all the issues surrounding the motor trade so here’s a piece of advice for all those thinking of buying an older used car in the near future, and by old I don’t mean a Ford Sierra or Vauxhall Cavalier but something that’s outside the manufacturer’s warranty and maybe on its second or third owner, typically … [Read more...]
Bargain of the Week – 2003 Range Rover 3.0 Td6 HSE
April 24, 2010 By Leave a Comment
With the thought of shelling out over £900 showroom tax for the highest polluting new cars, anyone in the market for an off-roader could be on the verge of a very expensive trip to the showroom. MTI's virtual sales hotline has had an influx of 4X4 inquiries over the last few months and whilst there is plenty out there to choose from, time and time … [Read more...]
Record increase in UK car production
April 22, 2010 By Leave a Comment
March saw a record 90.2% rise in UK car production in the, compared with the same month last year, according to new figures from the Society of Motor Manufacturers and Traders (SMMT). It was the fifth consecutive month in which annual car production had risen, the SMMT added. Output for both home and export markets has increased, with home … [Read more...]
VW profit up 94 percent in first quarter 2010
April 22, 2010 By Leave a Comment
VW has revealed that its 2010 first-quarter profit nearly doubled on an upsurge in sales that improved in key markets like Europe, China and North America. The company, Europe's biggest carmaker by sales, said it earned 473 million euros in the period from January to March compared with 243 million euros a year earlier. VW said its revenue … [Read more...]
Fiat and Chrysler report big first quarter losses
April 22, 2010 By Leave a Comment
Italian car manufacturer Fiat has revealed it made a loss of 25m euros (£21.7m; $33.4m) for the first quarter of this year and this comes despite the recent recovery in the global car market. At the same time its US subsidiary Chrysler has lost a further $197m (£128m) - adding to the massive $3.8bn it lost following bankruptcy last year. But … [Read more...]
SEO, SEM, PPC, GPOM and an ad in the paper
April 22, 2010 By 1 Comment
We all know that the internet is here to stay and car dealers in particular are bombarded on a daily basis about the perils of non-compliance when it comes to internet marketing. As soon as they master getting the car descriptions right and publish enough pictures to achieve decent click through rates, the bar gets raised yet higher. The more … [Read more...]
Time to change?
April 21, 2010 By Leave a Comment
The car buying public will have some interesting choices presented to them during the slightly quieter times of the next few months. With showroom tax taking effect, rising fuel prices hitting the pumps and a potential decline in part exchange values finding a good deal may be harder to come by than for the last 18 months. When parting with your … [Read more...]
SMMT publish Motor Industry Facts 2010
April 20, 2010 By Leave a Comment
The full scope and scale of the UK motor industry has been highlighted today with the publication of “Motor Industry Facts 2010” the Society of Motor Manufacturers and Traders’ (SMMT) annual pocket guide to the motor industry. Illustrating the role of the UK motor industry throughout the full lifecycle of a vehicle, the 2010 booklet … [Read more...]
Toyota agrees to pay $16.4m US Department of Transport fine
April 20, 2010 By Leave a Comment
Toyota has agreed to pay a record fine of $16.4m (£10.7m) to the US Department of Transportation for failing to report defects in some of its vehicles' accelerator pedals. The Japanese carmaker denied hiding the defects, but again acknowledged that it could have handled the issue better. Some 2.3 million Toyotas were recalled in the US in … [Read more...]
Calm before the storm as EU new car registrations surge in March
April 20, 2010 By Leave a Comment
New car registrations in the European Union rose 10.8 percent in March, the biggest growth March has seen in years, helped by one extra working day as well as resurgent demand in the four biggest markets outside of Germany. According to statistics from industry group ACEA, new registrations soared to 1.64 million vehicles, eclipsing the previous … [Read more...]
We are always looking for experienced writers who can write good original quality posts on motor-trade-insider.com. Please 