All articles by MF Editorial
MF Editorial
Alternative fuels and hybrids
Alternative fuels and hybrids Professional buyers just don’t see high numbers of electric and hybrid vehicles reaching the used market, which makes it difficult to gauge demand and almost impossible to suggest growth
Interest rates held at 5.75 per cent
Interest rates held at 5.75 per cent The Bank of England’s monetary policy committee has decided to keep interest rates at their current level of 5.75 per cent, for the fourth month in a row
New entities after Daimler-Chrysler split
The changes will also affect the companies’ UK arms. As of November 1 Mercedes-Benz Cars (Mercedes-Benz passenger cars, smart, Maybach) and Commercial Vehicle (Mercedes-Benz, Mitsubishi Fuso) will be operated by Mercedes-Benz UK Limited, with the retail subsidiary to become Mercedes-Benz Retail Group UK Limited.
Media figure attacks PPI ‘protection racket’
Media figure attacks PPI ‘protection racket’ The selling of payment protection insurance (PPI) has come under attack in the past few days, after the launch of a campaign urging consumers who purchased the product to find out whether they are entitled to claim a refund from their finance provider.
Aston Martin selects new stock funding system
Aston Martin selects new stock funding system APAK Groups wholesale finance system, WFS, has been selected by Aston Martin for use throughout its dealer network
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ING Car lease: Fleet’s £4.5m tyre deal
ING Car lease: Fleets £4.5m tyre deal ING Car Lease has concluded a deal with ATS Euromaster to supply Michelin tyres and other fast-fit services to its 46,000-strong fleet
Unrealistic RVs for ex-lease cars
Unrealistic RVs for ex-lease cars Research by data company CAP and auctioneers BCA has identified a trend of underperformance by ex-fleet and lease cars in the resale arena, as significant numbers of these vehicles fail to conform to required condition standards for auctions CAP compared the typical condition of cars sent for disposal at auction with reserve prices set by fleet vendors, and found of the 300 vehicles on offer, 29 per cent were in CAP Clean condition while a further 25 per cent were just below Clean, but above average, condition.
Darling defers decisions
After two successive rounds of consultative proposals on capital allowances (CAs) and related issues, it had been expected that final decisions would be announced at this time, for implementation next April Instead HM Revenue & Customs has merely published a summary of the responses to its last consultation document issued in March this year, with a promise of a decision on future policy in the Budget statement due next March
Are you working with the ‘new Europeans’?
There seems to be a lot written about migrants from Central and Eastern Europe coming to the UK and taking our jobs but are you selling them our cars as a quid pro quo?
Group action call from RMIF
Group action call from RMIF The Retail Motor Industry Federation (RMIF) has put forward the case for trade associations to be allowed to lead group actions to the Office of Fair Trading The RMIF said: At present, a named individual member of a UK trade body must instigate legal proceedings within a group action, albeit with the backing and support of other identified members, and of their trade association.