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Scrappage helps UK car sales in October
Thu, 05 Nov 2009Scrappage Scheme sales accounted for 20% of sales in October Despite our reservations about the Scrappage Scheme, it does seem that it has inspired buyers in to showrooms in the last few months. And October has recorded a year on year increase of 31.6%, although total car sales are still down over 12% on 2008 figures. October saw a big rise in new cars sales to private buyers with sales rocketing by 86%, and there were rises in the fleet and business market.
The UK’s best-selling car is… a toy car
Thu, 15 Aug 2013Forget the Ford Fiesta. With 2012 sales of a ‘mere’ 109,625, it has to relinquish its best-selling status to this young gun – the Cozy Coupe. The ever-popular children's toy, littering many a hallway across the land, sold around 143,000 in 2012.
Ford and Geely agree on Volvo sale, could finalize deal in early 2010
Wed, 23 Dec 2009Ford expects to sign a deal to sell its Volvo car unit to China's Zhejiang Geely Holding Group by the first quarter of 2010 and close the deal in the second quarter, the U.S. automaker announced today. Ford said that all of the deal's key commercial terms have been settled.