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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.
Halewood Confirmed As Home Of New Discovery Sport
Thu, 19 Jun 2014THERE’S good news coming out of Merseyside, as Jaguar Land Rover has announced that its new Discovery Sport model will be built at the firm’s Halewood plant. The decision will see the creation of 250 new jobs, resulting in the current workforce trebling in four years to 4,750, as the firm plans to invest more than £200m in the venture. Commenting on the announcement, Jaguar Land Rover CEO, Dr.
Saab files for bankruptcy
Tue, 20 Dec 2011Struggling Swedish manufacturer, Saab, has finally filed for bankruptcy. What may well prove to be the closing chapter in this ongoing saga could see the iconic brand laid to rest following months of uncertainty. A statement by parent company, Swedish Automobile NV (Swan) announced that: ‘After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded.