On Monday, Porsche Automobil Holding SE, Stuttgart, purchased further ordinary shares in Volkswagen AG, Wolfsburg, increasing its holding to 50.76 per cent of all ordinary voting shares in Volkswagen. As a result of passing the threshold of 50 per cent, Porsche will acquire indirect control over Scania AB, Södertälje, and is required by Swedish law to launch a mandatory offer for the truck manufacturer.
The Stuttgart-domiciled company is not bound by pre-acquisition prices and is only read more
UK new car sales fell 11.3 per cent in 2008 according to data provided by the Society of Motor Manufacturers and Traders (SMMT).
The month of December was predictably quiet but not nearly as bad as expected the society claims. New car registrations fell 21.2 per in December to 108.691 units representing the eighth consecutive month drop in sales.
The diesel market share was resilient throughout 2008 and reached an all time high of 43.6 per cent by the end of the year. The success of new read more
We love a success story here at ContractHireAndLeasing.com and Kia has made our day.
Kia Motors (UK) Limited ended 2008 with a total new car sales figure of 31,323 - an increase of more than six per cent over 2007 despite the economic downturn that hit the UK market.
Tough economic conditions saw the UK new car market fall by 11.3 per cent to 2.13 million and some brands register second-half falls of more than 30 per cent, but Kia’s attractively-designed, fuel-efficient and excellent value read more
To help commercial vehicle buyers in 2009, Volkswagen Commercial Vehicles has a host of new finance offers on some of its most popular vans, such as the Caddy, now available new from £189 a month, or used from the Volkswagen Assured Used scheme from only £99 a month.
Selected new models of the Caddy, Caddy Maxi and Transporter van ranges are now available on Contract Hire or Finance Lease programmes from £189, £209 and £229 a month, respectively, over 36 months at 10,000 miles per annum. read more
Vauxhall and Mercedes Benz are advertising their commercial ranges on our sister site, TheVanWebsite.co.uk.
With Vauxhall’s commercial range of Astravan, Corsavan, Combo, Movano and Vivaro mean they have the ideal solution for any commercial setting.
While Mercedes Benz’s range of Sprinter, Sprinter Vito, Vario and Viano make them a fleet manager’s dream.
Visit TheVanWebsite.co.uk to search for Mercedes commercial vehicles to buy or lease.
Visit TheVanWebsite.co.uk to search for read more
To announce the launch of the new Toyota Avensis, Toyota are advertising on our sister site, FleetDirectory.co.uk.
The new Avensis makes the ideal solution for both family and business needs. With class-leading predicted residual values, the new Avensis is better than ever. Officially launched on 1st January, the new Avensis is expected to be one of the star cars of 2009.
Figures released by CAP Monitor show new Avensis outperforming both the Ford Mondeo and Vauxhall Insignia when it comes to read more
Kwik-Fit urges motorists to prepare for treacherous road conditions
Despite severe weather warnings from the Met Office, research from Kwik-Fit finds that British motorists are unprepared for the sub-zero conditions set to hit UK roads over the coming days.
Indeed, even though more than one in four British motorists (7.5 million) have been stranded by the roadside in wintry conditions, the majority of motorists fail to carry basic sub-zero survival items in their car.
David White, customer read more
New job title reflects the growing stature of the association and John Lewis’ profile within the automotive industry
Eight years after joining the association as its sixth director general, John Lewis has been made chief executive. John was invited to accept the newly-created title by the board of management, who wanted to recognise his outstanding contribution to the BVRLA executive and its members.
The new position reflects the growing stature that John and the association have gained read more
An article in The Mail on Sunday highlighted the benefits of car leasing over the weekend. Illustrating some of our advertisers such as CLVR, the article argues that as recession bites hard on car sales, car leasing will become ever-more attractive solution for motorists.
Stefan Gryko, head of sales at leasing company CLVR in Chesham, Buckinghamshire, told the newspaper: “We have seen a gradual increase in personal leasing customers over the last couple of years. Once someone has read more
The German manufacturer has announced that the newly available R8 V10 sports car will be the first in the world to have purely LED headlamps as standard.
Audi has begun taking orders for the range topping V10 version of their multi-award winning sports car, in it is a 5.2-litre V10 FSI petrol engine; with incredible statistics of 0-62mph of 3.9seconds and a top speed of 196mph.
The R8 is the first representative of a completely new generation of headlamps and actually helps to reduce CO2 read more
