Latest news for Motorpoint 
Two thirds of motorists delay changing their car because of the credit crunch(28/08/2008)
Almost two thirds of motorists have decided to delay changing their car because of the credit crunch according to a new poll by Motorpoint, the UK’s leading car supermarket. The online survey revealed that 69.8% of drivers had decided to delay replacing their car because of the financial uncertainty caused by the continuing credit crunch. Over 4,500 people participated in the poll. However, the credit crunch would appear not to be biting at... [more]
Two in five British drivers support 20mph speed limit in city streets(24/04/2008)
Two in five British drivers – around 12 million people - would welcome a 20mph speed limit on their city’s streets according to a survey by Motorpoint, despite warnings from the RAC Foundation that drivers would not accept a blanket speed limit in towns and cities. Portsmouth has just become the first authority to apply a citywide 20mph maximum after the proposal to cut the urban limit by a third featured in proposals to the Government from th... [more]
Fear of fraud is the greatest barrier to buying cars online(23/04/2008)
According to a new survey by HPI, fear of fraud is the greatest barrier to buying cars online. Yet for Motorpoint internet sales is the fastest growing area of its business. That looks like a major paradox. But Motorpoint general manager John Hood sees avoiding online fraud as a simple decision about where buyers choose to do business. “It’s the difference between unknown individuals and established organisations. Among the thousands of seller... [more]
Motorpoint removes diesel premium(31/03/2008)
Motorpoint, the car supermarket group, is selling new diesel cars at a rate more than 25% above the already mushrooming national trend because its pricing policy has broken down a barrier that excludes many drivers - the so-called diesel premium. Car retailing commentators put the extra cost of a diesel car over its petrol equivalent at between £750 and £1,500. According to a new Motorpoint survey, half of British drivers plan to opt for a di... [more]
Other car news
Car sales drop 'a further blow for industry' (Australian Broadcasting Corporation)Former managing director of Mitsubishi Australia, Graham Spurling, says a 10 per cent drop in new car sales is more bad news for the industry. |
Despite a puttering auto industry, local used car dealers hold their own (The Union)At a time when the U.S. auto industry is struggling to stay afloat, Weaver Auto and Truck Center sits vacant, and the winter doldrums is coming on fast, Lee Hartwell is jumping into the used car business in Grass Valley. |
Economy Forces Car Dealers to Slash Prices (FOX 7 News Austin)The credit crunch has not only affected the financial industry, but it has also devastated car sales. Auto sales are now at a 25-year low. In an effort to clear their lots of cars, dealers have been offering huge discounts on new cars. FOX 7's Rudy Koski reports. |
New car prices lower during auto industry bailout uncertainty (The News-Press)TAMPA -- It's a frustrating time for Carlos Ramos, New Car Sales Manager of Bill Currie Ford Lincoln Mercury. |
Car industry rescue splits Democrats (Independent)A power struggle is developing inside the Democrat party between West coast environmentalists and the union-sponsored representatives of the party's industrial heartland, in a battle that will affect the future of the cash-strapped US car industry and shape President-elect Barack Obama's efforts to tackle global warming. |
Electric Car Carries Clean-Energy Investors' Hopes (NPR)Silicon Valley venture capitalists are investing in clean energy, with the electric car their vehicle of choice. While the economic meltdown has crimped immediate sales plans, electric-car manufacturers hope for a thin slice of the $25 billion auto industry bailout being considered by Congress. |
Car dealers ask Ottawa to support auto sector (AFP via Yahoo! News)Canadian car dealers are predicting a record sales year in 2008, but fear a credit crunch and US auto manufacturers' woes could still force several shops to close, their association said Friday. |
Car dealers pitch for auto sector aid (Reuters via Yahoo! News)Car dealers are heading for near-record sales this year but asked the federal government on Friday to help auto manufacturers and to make it easier for dealerships to get financing. |
Malaysia October car sales skid (Business Times (Malaysia))NEW car sales in October fell 13 per cent over the same month last year and this is likely to continue for the rest of the year as consumers cut back on spending. |
Car Sales Soar Despite The Auto Industry's Need Of A Bailout (KBTV Beaumont)Its been a tough month for Hugo Ramirez. He's deciding if he'll purchase a 2007 Chevy Silverado. But that's not the only thing on his mind lately. "The big three are asking for a loan. What's going to happen to us. This is real critical." Ramirez said. |
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