Monday, August 14, 2006

Tottenham makes Nissan its latest signing

Nissan has signed a fleet deal with Tottenham Hotspur Foot ball Club.

The two year contract will see the Japanese car maker supply 32 vehicles to the club, including Notes, Primeras, Muranos, Interstars and Kubistars.

The contract hire deal, includes breakdown cover and maintenance which will be managed by Nissan dealer Glyn Hopkin.

Tottenham Hotspur executive director Paul Barber said: “When we were looking for a new fleet supplier it was important that we found someone who could not only meet our operational requirements but also the personal lifestyle preferences of our drivers.”

DATED: 14.08.06

FEED: MT

Ford would be wrong to sell Jaguar

Ford would be better off selling Volvo or its finance division than Jaguar and Land Rover, analysts have warned.

Adding Land Rover to sweeten the sale of Jaguar would do little to make the deal more attractive and would deny the car maker two premium marques, Trend Tracker said.

Ford should instead sell Volvo or its Ford Credit Finance arm before considering the sale of Jaguar. “For Ford to let Jaguar go now would be the beginning of the end for both brands,” said Trend Tracker analyst Michael Wynn-Williams.

DATED: 14.08.06

FEED: MT

Mazda expands fleet division

Mazda has expanded its fleet division with the appointment of Terry Swanton as national corporate sales manager.

Swanton has been with Mazda for the past eight years, the last two as regional business manager. Prior to joining Mazda he spent two years as aftersales director at a Honda dealership and a decade with Honda UK.

The Japanese brand has also appointed a fleet co-ordinator and operations manager to cope with increased fleet demand.

DATED 14.08.06

FEED: MT

Lookers buys 10 HR Owen sites and adds Mercedes to portfolio

Lookers has acquired 10 sites from HR Owen in a move which will see the dealer group take on the Mercedes-Benz franchise.

The consideration payable in cash will be £5m goodwill and £8.1m of fixed assets, together with an amount equal to the net book value of stocks at completion.

The acquisition is expected to add around £175m to Lookers’ annual turnover.The sites cover four Mercedes sites in Redhill, Gatwick, Eastbourne and Brighton, with the latter also selling Smart; two ChryslerJeep outlets in Hatfield and Romford; two Lexus sites in Hatfield and Brighton; Land Rover sites in Acton and South Kensington. Lookers bought six Premier Automotive Group sites from HR Owen in February.

DATED: 04.08.06

FEED: MT

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