Your van three years old? What's it worth?

Laurie Dealer noted with interest the most recent report from CAP's senior editor commercial motors, John Watts.

He says: "The state of the light commercials market can best be described as we head toward a difficult year as one of uneasy calm."

He also picks out some winners, well not so bad losers, and some very big losers on 07/57 plates.

Stand up if you own a Toyota HiLux, or LDV Maxus. Sit down if it's a Citroen Berlingo or Dispatch, or Ford Transit Connect...

Click here to read the article.

Woodland eyes profit growth through rebrand

Woodland Group says after it endured the recession last year it has entered 2010 in a strong position, with expectations of enhanced profit and turnover.

Accounts for the year ended 31 December 2009 show that turnover for the group fell by £8.3m to £59m, with a £361,000 pre-tax loss.

However, company secretary John Stubbings says a major rebranding and refocusing exercise has placed the international freight forwarder, warehousing and distribution business in a position that will return it to the black.

The overhaul of the company's image brought nine of Woodland's separate businesses under one umbrella.

Stubbings says: "It's helped us to raise our profile - one group with a common name. Before then it was slightly fragmented; we have grown fast over a number of years and we had bolted-on entities.

"When we stopped and looked at it we realised it could be a little confusing, not just to our own people, but to the outside world."

Stubbings adds: "We have streamlined things such as administration; efficiencies have come out of it. There have been cost savings, but I would be lying if I said there have been cost savings overall. A lot of money went into rebranding, signage, vehicle livery, etc."

The group made around 25 redundancies during 2009; but 15 were based in the US.

He concludes that trading in 2010 has been "not bad at all", adding: "But we don't want to be out there waving the flag. We are confident we will come to the end of 2010 with profit enhanced again.

"Turnover will certainly be enhanced. Turnover is not everything, but it gives you buying power."