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New car marketNewsDealerprofileNew carnewsUsed car RecruitmentanalysisNewsdigestShowroomThe carmaker, which aims to expand its dealer network, is building a racing version of its MG6 car, which it launched in the UK last year.Source AM Jan 25Read more....Composite supplier for MercedesMazepoint has taken over as dealer composite supplier for Mercedes-Benz UK. The London-based company, which also provides composite services to Toyota and Lexus, won a tender process late last year for the supply of dealer composite and business management reporting tools. In addition to providing business management reports, Mazepoint will add a range of analysis tools enabling dealerships to analyse network and business data, generate their own bespoke reports and guide effective management actions.Source AM Jan 25Read more....Saab service continuesSaab Parts UK has confirmed to dealers that the free servicing offer sold to customers from July until November 28, 2011, will be honoured. The remaining network of 84 authorised Saab repairers can also offer "a fully-supported dealer guarantee" that can be applied to the purchase of all nearly-new and the remaining 200 new cars left in stock in the UK. The guarantee looks to replace up to 90% of what was the manufacturer warranty which is now "null and void" following the collapse of the Swedish manufacturer. UK Saab authorised repairers have also confirmed that the Saab Assistance AA recovery remains in place with any Saab of less than three years old.Source AM Jan 31Read more....Economy newsMortgage rates to be volatileBrokers are telling new borrowers to expect mortgage rates to fluctuate in the coming months, owing to economic uncertainty. A number of major lenders have increased the cost of a mortgage for new borrowers in recent days. Brokers suggest that the increased activity is likely to be followed by an "ebb and flow".Source BBC Jan 27Read more....Web economy to double by 2016The value of the web economy in G20 countries will nearly double by 2016, according to Boston Consulting Group. Driving the spurt from $2.3 trillion (£1.5tn) to $4.2tn (£2.7tn) will be the rapid rise of mobile internet access. The study, commissioned by web giant Google, assumes that in four years three billion people will be using the internet, or nearly 50% of the world's population. The research suggests that the UK is one of the most advanced e-commerce economies.Source BBC Jan 27Read more....Insolvencies increased in Q4 2011A continued lack of consumer confidence saw UK automotive insolvencies increase by 120% from Q3 to Q4 in 2011, according to the latest statistics from the Insolvency Service. Graham Bushby, head of motor at Baker Tilly Restructuring and Recovery LLP, said: "As well as small unfranchised dealers feeling the downturn, a number of well-known independent franchised dealer groups have gone into administration."Source AM Feb 3Read more....

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