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Car dealers should be braced for “a third, successive dismal new plate month” in March after COVID-19 ‘Lockdown 3’ delivered another 35.5% decline to the UK’s new car registrations in February.
That was the exasperated message from Society of Motor Manufacturers and Traders (SMMT) chief executive, Mike Hawes, as he once again called for showrooms to be allowed to reopen “as soon as possible” to allow the automotive sector to begin to recover the £23 billion loss from the past year.
New car registrations totalled 51,312 last month, down 28,282 on 2020 and the sector’s lowest February registrations total since 1959, the SMMT said.
Deliveroo has confirmed it has picked London for a potential listing just eight years after it was founded in the city by Will Shu as it looks set to become one of the latest in a flurry in recent stock market floats.
Click the thumbs up >Stellantis has revealed the details of a restructured leadership structure for its range of former PSA Group and FCA Group car brands.
Under the changes Alison Jones is appointed as Stellantis Country Manager and senior vice-president for Peugeot, Citroën, DS Automobiles, Fiat, Fiat Professional, Abarth, Jeep and Alfa Romeo in the UK.
Paul Willcox, as previously reported by AM, is group managing director and senior vice-president for Vauxhall Motors.
Both Jones and Willcox report to Maxime Picat, chief operating officer, Enlarged Europe, at Stellantis.
Formerly FCA Group UK managing director, Arnaud Leclerc is appointed global head of brand strategy and performance for Alfa Romeo, reporting to Alfa Romeo chief executive Jean-Philippe Imparato.