Automotive Management - AM-online
WEBCarmakers facing €15bn in fines over 2025 emissions targets, warns Renault CEO. Renault Group CEO Luca de Meo has warned that Europe’s car manufacturing industry could be fined up to €15 billion ($17.4 billion) due to slowing demand for electric vehicles (EVs), which threatens the sector's ability to meet stricter EU carbon emissions ...
Holden Group acquires seventh dealership, outlines Volvo …
WEB3 October 2023. dealer news. Car dealer Holden Group has grown its business to seven locations across East Anglia following the acquisition of Cecil & Larter in Bury St Edmunds. At the same time, the family business has announced plans for a new multi-million-pound, state-of-the-art facility for Hylton Gott Volvo, which it acquired in 2019.
Volkswagen settles UK dieselgate litigation with £193m settlement
WEBMay 25, 2022 · By Tom Sharpe. Volkswagen Group has settled a UK dieselgate litigation comprised of over 70,000 claimants with the payment of a £193 million out of court settlement. Therium, a leading provider of investment capital, funded the claim against the German car manufacturing giant behind brands including Audi, …
AM-online | Automotive Industry News
WEBCarmakers facing €15bn in fines over 2025 emissions targets, warns Renault CEO. Renault Group CEO Luca de Meo has warned that Europe’s car manufacturing industry could be fined up to €15 billion ($17.4 billion) due to slowing demand for electric vehicles (EVs), which threatens the sector's ability to meet stricter EU carbon emissions targets.
Motor Auction Group grows into Rotherham site - AM-online
WEBAug 26, 2016 · MAG – formerly Bawtry Motor Auction – relocated to new premises on Greasbrough Road, Rotherham following a £500,000 investment in refurbishment of the site. The new facility is more than twice the size of the old Bawtry site, boasting a 15,000sq-ft auction room, sale display for over 400 vehicles and parking for 150 customer cars.
Pendragon CEO’s ‘out of tune’ bonus payments approved ... - AM …
WEBMay 19, 2021 · Car dealer news. Pendragon chief executive Bill Berman will receive bonus payments criticised as being “out of tune” despite a 42.2% vote against the PLC’s director remuneration at today’s AGM. Shareholders attending the meeting this morning voted 41.04% against the re-election of non-executive director and remuneration board chairman ...
Why the Financial Ombudsman Service rulings prompt a FCA …
WEBJan 18, 2024 · The 2024 AM Awards gala dinner has already taken place - find out about the winners here - and we plan to hold the 2025 AM Awards on Thursday, May 1st, 2025, so pencil that into your diary The AM Awards will be back in 2025 with new opportunities for motor retailers, manufacturers and suppliers to enjoy the huge benefits that go with winning and being shortlisted.
AM Jobs | Automotive Recruitment - AM-online
WEBTraffic Marshalls / Car Park Stewards. Surrey. 9 September 2024. Automotive Management (AM) is the prime location for all jobs relating to the UK retail automotive industry.
More Arnold Clark car retail franchise exits to follow Ford and Toyota
WEB24 February 2022. Car dealer news. Arnold Clark chief executive Eddie Hawthorne has told AM that the Scottish automotive retail giant expects to sever ties with more new car franchises after its exit from Ford and Toyota this month. But while Hawthorne said that “two or three” more of the AM100 retailer’s established brand partnerships ...
Mackie Motors wins right to appeal High Court ruling with 'seismic ...
WEBDec 8, 2022 · Former Mackie Motors managing director Kevin Mackie has won the right to appeal a ‘seismic’ High Court judgment which could pave the way to a seven-day termination period for franchised car retailers.. Mackie told AM how he and his family were rocked when OEM-owned captive finance house RCI Financial Services withdrew all its finance agreements with the Brechin-based retail group with just ...