All articles by Mike Cobb
Mike Cobb
Carcraft bought by management
Independent UK car supermarket chain Carcraft has been subject to a management buyout led by Robin Bridge, the current chief executive, with support from Apollo Ventures.
Online vehicle sales fraud costs UK consumers £17.8m
Fraudulent advertising and other vehicle purchase fraud costs the UK £17.8m each year, according to a National Fraud Intelligence Bureau and Get Safe Online report.
Benchmark appoints new European director
Benchmark Consulting International, the asset and motor finance consultancy, has appointed a new director of business development and projects effective 1 April.
Glasss teams up with RAC
Car valuation provider Glass’s has teamed up with online retailer RAC Cars to provide car valuations to consumers using the company’s website.
Advantage Finance profits up 42%
The Advantage motor finance brand reported a 42% rise in pre-tax profits for the twelve months to the end of January 2014, according to the annual report of parent company S&U.
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BCA recognised for service to LeasePlan
British Car Auctions (BCA), the UK-based remarketing company, has received four awards from LeasePlan including Overall Remarketing Partner of the Year, at the fleet company’s annual supplier excellence awards.
BMW Financial Services profits up 5%
BMW Financial Services reported a 5% jump in pre-tax profits to 1.64bn (£1.38bn) in 2013 as it helped the car and motorbike manufacturer to an overall net profit of 5.34bn.
BEN top 100 charity to work for Sunday Times
Automotive industry charity BEN has appeared in the Sunday Times Top 100 Best Not-for profit Organisations to Work For survey for the second year running and received a 1* rating after achieving a voting score which placed it in the upper 30% of participating charities.
Porsche sales power away
German sports and prestige car maker Porsche has reported a 15% rise in sales and a 6% rise in profits in 2013, making it the “most successful year in the company’s history.”
Technology will focus dealer advertising. iVendi
Technology will make dealer marketing more focused and allow dealerships to build personal rapport with customers, claims technology provider iVendi has claimed.