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New Car Sales Increase Again
Wed, 06 Aug 2014NEW registrations in July 2014 totalled 172,907 - a 6.6% rise on the July 2013 figure, the Society of Motor Manufacturers and Traders (SMMT) said. The latest figures took the year-so-far total to 1,460,172 - a 10.1% rise on the January-July 2013 total. As a result, the SMMT has now upwardly revised its prediction for sales for the whole of 2014, forecasting that a total of 2.45 million could be reached.
D-day for General Motors: GM files for bankruptcy
Tue, 02 Jun 2009By Tim Pollard Motor Industry 02 June 2009 06:57 General Motors today faces the humiliation of collapsing into bankruptcy. It marks the 1 June deadline imposed by US president Barack Obama for the General to sort out its business – or seek protection from creditors in the bankruptcy courts. As we’re all too painfully aware, GM has been unable to perform miracles, triggering one of the greatest industrial collapses seen in American corporate history.
Crash driver ran up £95k hire bill
Wed, 26 Mar 2014A TRAIN GUARD ran up car hire bills of more than £95,000 after his £8,000 Mercedes was written off in an accident, a court has heard Sameer Umerji, from Bolton, Greater Manchester, entered into a credit hire agreement with a car rental firm which ran for around 18 months, judges were told. Detail has emerged in a written ruling by the Court of Appeal - after Mr Umerji and insurers became embroiled in litigation. One appeal judge, Lord Justice Underhill, said the car hire sum was "remarkable" given the value of the Mercedes.