Motor Trade News

Monday, Feb 08th

Last updateMon, 08 Feb 2016 4pm

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Strong growth for finance firm

Peter CrookFinance firm, Provident Financial plc, the leading UK non-standard lender, owners of motor finance firm, Moneybarn have revealed that the growing business enjoyed strong new business volumes in 2015.

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SUV now Europe's most popular vehicle category

qashqaiNew figures from automotive data firm Jato show that a 24% increase in the popularity of SUV’s helped push European new car registrations up 9.3% in 2015. This is the first time the SUV category has outsold traditional subcompact and compact segments.

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Wilsons Auctions make two acquisitions

WilsonsMapThe Wilsons Auctions group has purchased the former SMA Remarketing Newcastle centre from BCA, and a seven acre premises in Maidstone in Kent as part of their expansion strategy.  The deals bring their total national footprint to 8 facilities.

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Vertu given go ahead for Farnell Land Rover Leeds project

FLR PlansVertu has received planning approval to construct and relocate its Farnell Land Rover Leeds business to a £7.5m retail development on the north side of the city.

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Swansway appoint new Brand Manager

Ben Gilbert pg4Ben Gilbert, has been appointed Volkswagen Passenger Cars/SEAT Brand Director for the Swansway group.  The job marks a promotion for Ben who moves from the group’s Crewe Volkswagen Brand Manager role.

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