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Dutch factory announced for new Mini

THE NEW Mini is to be built in Holland as well as the UK, owner BMW has announced. The German motor giant said production of the Mini Hatch will be split between its factory in Oxford and a site in Nedcar in Born. Around 1,500 workers will build the new Mini in Holland from this summer at a factory run by BMW's Dutch partner VDL Nedcar.

GM lobbyist Ferguson named global head of Cadillac

General Motors has appointed its chief lobbyist to the newly created post of global Cadillac chief, a step aimed at transforming the American luxury brand into a strong worldwide player. Robert Ferguson, 53, who has been GM's vice president of global public policy, becomes vice president of global Cadillac. He reports directly to GM CEO Dan Akerson, the company said today.

NO SIGN OF SLUMP IN VALUES ACCORDING TO LATEST REPORT

DEMAND continued to keep values relatively firm in the used commercial vehicle market in February, according to leading vehicle auction specialist, British Car Auctions (BCA). Despite volumes rising sharply average values fell by £76 (1.8%) in February while sold volumes increased by nearly 13% over the same period, following a near 50% increase between December and January. Average monthly values have broadly remained between £4,000 and £4,200 since summer 2010.