All articles by James Wood
James Wood
Fiat posts positive Q2 results
Fiat Group posted strong Q2 2013 results with Q2 revenues totalling 22.3bn (£19.2bn), an increase of 4% over the prior year and a net profit of 435m, an 82% increase over Q2 2012.
VW incentives ahead of September registration
Volkswagen Group has announced incentive plans aimed at increasing sales ahead of the September registration period, including financing offers and providing insurance for a limited time.
CAP releases online cost comparison tool
CAP Automotive has launched an online tool for consumers to research long-term costs associated with car ownership.
Pendragon renews Experian contract
Pendragon, the 19-site motor retailer, has renewed an agreement to use Experian as provenance service provider for the 14th year running.
VW Group appoints UK managing director
Volkswagen Group (UK) has appointed Paul Willcox as managing director, taking over from Simon Thomas who leaves the UK to take up a global marketing role.
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Ally auto finance posts reduced Q2 profit
The car finance arm of Ally Financial reported a pre-tax income of $382m (£246m) in the second quarter of 2013, up from $343m in the first quarter of this year, but down from $440m in the second-quarter of last year.
Peugeot finance offers ahead of September
Peugeot is the latest car manufacturer to announce a range of finance offers in an attempt to increase sales around Septembers new plate registration and create momentum for Q4.
Used car dealer two-year high CAP
Used car sales are at a two-year high for independent dealers, as demand has driven an increase in sales for the third consecutive month, according to CAP Automotive.
Funding Corporation provides work placement
The Funding Corporation, the sub-prime car finance provider, has created a work placement opportunity for a local student in its auction department in partnership with the University of Chester’s work-based learning initiative.
AA: Car insurance premiums down by 10%
The average quote for annual comprehensive car insurance policy fell by 9.8% year-on-year to £594.86 in July, according to the AA.