All articles by James Wood
James Wood
Missing service records reduce auction value G3
G3 Remarketing has reported non-maintained fleet and leased vehicles presented at auction without a full service record may lose up to 5% of their value.
Alphera repeats call for credit transparency
Alphera Financial Services, the independent motor finance provider, has repeated its call made last month to maintain affordable, transparent credit to facilitate growth in new and used car sales.
SMA achieves record high unit sales
SMA Vehicle Remarketing, the five-site auction group, achieved a record weekly high for unit sales for the week ending 9 August 2013.
Affordability key for car buyers
Affordability is the most important factor when looking to purchase a new or used vehicle, according to a recent survey for online car finance provider Car Finance 247.
Lookers posts 20.2% year-on-year profits
Lookers, the 126-franchise motor dealership, announced a 20.2% year-on-year increase in pre-tax profit to £28m for the first half of the year, and total group revenue for period increased to £1.24bn, a 20.3% increase over H1 2012.
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US auto loan balances recover to 2008 levels
Balances on both new and used motor vehicle loans in the US have recovered to 2008 levels according to data released by the New York Federal Reserve Bank.
RAC used car scheme increases unit margins
The RAC has reported dealers who joined the motor insurance providers BuySure used car initiative have achieved a greater margin on each unit sold.
Infiniti appoints marketing executive
Infiniti, the luxury vehicle division of Japanese automaker Nissan, has appointed Vincent Gillet as vice-president for marketing.
Jaguar Land Rover reports increased profit
Jaguar Land Rover Automotive has reported a 25% increase in profit before tax of £415m for the first quarter of the current fiscal year.
Honda reports improved financial results
Honda announced revenues for Q1 FY2014 of ¥2,834bn (£19bn), a 16.3% increase on the previous quarter.