All articles by Richard Irvine-Brown
Richard Irvine-Brown
GM-PSA plans held up over finance bailout
The 7bn French government bailout of Banque PSA appears to have stalled plans for a strategic global alliance between GM and PSA Peugeot-Citroën announced in February.
Close offering same-day dealer payment
Close Motor Finance has cut payment delivery times to dealers down to the same day following the launch of its faster payments process in April.
Part-ex value record high Manheim
Dealer part-exchanges at auction hit an average of £2,807 in October, up 8.1% month-on-month and 19.6% year-on-year to a record high, according to vehicle remarketer Manheim Auctions.
Online remarketer partners with Bluecycle
A quorum of industry stalwarts has entered into a joint venture with online car salvage auction site Bluecycle to launch web-based vehicle remarketing company Carcom.
ING pullout leaves luxury car funding hole
The withdrawal of ING Lease from the UK asset finance market has left a £1.7bn void in lending, including high-end vehicle finance.
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Vauxhall appoints aftersales network director
Vauxhall, the second-biggest selling marque in the UK, has taken on Andy Robson as director of its 400-outlet aftersales network.
Used prices hit new records BCA
The average value of a used car in the UK in October was up 8.6% (£518), year-on-year, and 2.6% (£166) month-on-month, according to the latest Pulse report from British Car Auctions.
Fleet Friday: Jobs, money and sales
A weekly roundup of UK fleet news including appointments at Ford and Audi, Vauxhalls leasing rates, Thrifty finance, LCV auction prices, and Octobers figures from the SMMT and FLA.
Ferrari shows year-to-date growth
Luxury car brand Ferrari has seen year-on-year worldwide growth of revenues, profit and car deliveries for the first nine months of the year.
JLR profit doubles, £2bn to invest
Second-quarter profit for the fiscal year 2012/13 at allied marques Jaguar Land Rover has doubled year-on-year on the back of a 29% rise in global sales.