Archives for July 2013

John Lewis appointed Non-Executive Director at TR Fleet

John Lewis has been appointed as Non-Executive Director at TR Fleet, the fleet specialist consultancy.  TR Fleet offer a range of services from independent fleet advice to driver risk management.  John’s experience and expertise in road and driver safety will bring significant benefits to TR Fleet as they look to improve fleet policies and practices through their Drive Secure programme.  John was Chief Executive of The British Vehicle Rental & Leasing Association for 13 years and remains with them as Director of External Affairs.

European car market continues to suffer

The European Automobile Manufacturers’ Association (ACEA) has just published the June car market results in Europe.  The June month has dropped 5.6% from last year and is the lowest sales volume since 1996.  This brings the year to date total down 6.6% from the previous year at just over 6.2 million new units.  However the UK market remains strong and is the only European sector up on the previous year with the month seeing sales rise by 13.4% and a total increase year to date of 10% over 2012.

Simon Thomas to leave Volkswagen Group UK

The Managing Director of Volkswagen Group UK Limited, Simon Thomas, is to leave his UK position on 1 September and take up a new role in Wolfsburg, Germany as Head of Global Marketing.

Simon joined the Volkswagen Group in September 2011.  His successor has yet to be announced.

May House Price Index data released by ONS

  • In the 12 months to May 2013 UK house prices increased by 2.9%, up from a 2.6% increase in the 12 months to April 2013.
  • House price growth remains stable across most of the UK, although prices in London are increasing faster than the UK average.
  • The year-on-year increase reflected growth of 3.1% in England, 0.8% in Scotland, 0.6% in Wales and 1.9% in Northern Ireland.
  • May 2013 is the first month that Northern Ireland house prices have grown year-on-year since February 2008.
  • Annual house price increases in England were driven by a 6.6% rise in London and a 2.7% increase in both the North West and the West Midlands.
  • Excluding London and the South East, UK house prices increased by 1.9% in the 12 months to May 2013.
  • On a seasonally adjusted basis, UK house prices increased by 0.3% between April and May 2013.
  • In May 2013, prices paid by first-time buyers were 4.1% higher on average than in May 2012. For owner-occupiers (existing owners) prices increased by 2.5% for the same period.

BT Plc cleared to acquire ESPN Global

The Office for Fair Trading has now formally approved the purchase of ESPN Global Limited by British Telecommunications Plc expanding their pay television sports broadcasting capability.

The acquisition was first announced in February with BT agreeing to purchase ESPN’s Ireland and UK TV channels to increase BT’s live sports coverage, including the FA Cup, Scottish Premier League, Uefa Europa League and German Bundesliga matches.

The launch of this new BT Sports TV package is planned for 1 August 2013.

Arrow Automotive to represent Maserati in Cardiff

Arrow Automotive represent the Ford and Hyundai brands across three sites in south Wales.  They are expanding their operation by developing a new facility in Cardiff for the prestige Maserati franchise.

Oxford Jaguar acquired by Ridgeway Group

Sytner’s Jaguar dealership in Oxford has been purchased by the Ridgeway Group expanding their relationship with JLR following their recent acquisition of Hartwell Land Rover.  This expansion pushes their turnover beyond £550M which would now place them in the Top 20 largest turnover groups in the UK.