Car dealers are having to battle increased levels of fraud and attempted fraud to go with a number of other challenges currently facing the motor trade. That is according to the latest Forecourt Foresight report from Close Brothers Motor Finance which found that one in five automotive retailers have fallen victim to fraud and a further 31% of dealers have … [Read more...]
Job cuts to come, say Ford and Jaguar
Ford and Jaguar will be cutting jobs this year as they face severe losses. Exact numbers are not known today but last year workers at Bridgend Engine Plant were sent letters suggesting a possible voluntary redundancy programme this year after expectations of lower engine demands from vehicle assembly plants around the world. Unions in the South Wales … [Read more...]
