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Industry-wide wholesale prices for used cars have pushed through to reach record levels. The authoritative Pulse report from British Car Auctions indicates that the average transaction price for used vehicles rose by 8% during 2014.
Vauxhall boss Tim Tozer is starting a fresh round of actions to lift the make’s lacklustre image. Vauxhall firmly believes that, with new lines including the latest Corsa and new Viva coming to showrooms this year, its cars are now very good.
Jaguar Land Rover plans to merge much of its franchised network into single site, joint brand dealerships by 2020 as the carmaker restructures its sales operations.
One of Manchester’s best-known auto retailers has ceased trading. Directors at Bauer Millett closed the business’s city-centre showroom on December 23, having told the 20 staff that the firm could no longer continue.
Over the past couple of weeks the falling price of petrol has been cited by ‘experts’ as one of reasons for increasing sales of petrol cars.