EV investment nears peak
The world’s top 20 car manufacturers spent £71.7bn on research and development (R&D) in 2019/20 as the rush towards electrification gathered pace. This is according to research carried out by […]
The world’s top 20 car manufacturers spent £71.7bn on research and development (R&D) in 2019/20 as the rush towards electrification gathered pace. This is according to research carried out by […]
LCV values rose sharply in June to reach an average price of just under £10,000 at BCA. Prices rose by £558 to reach an average value of £9,933, the highest […]
Strong consumer demand is still driving record used car price growth. According to Auto Trader analysis based on 400,000 used vehicles currently advertised on its marketplace, the average price of […]
Fix Auto UK has recorded its 2,500th customer review on Trustpilot. The milestone has been achieved less than four months after it received its 1,000th customer review and 10 months […]
Covéa Insurance has appointed Adrian Furness as chief executive officer. He succeeds James Reader, who is leaving the business. Furness, who has been chief operating officer since December 2019, said: […]
TMD Friction has achieved the Institute of the Motor Industry (IMI) accreditation, meaning it can train and audit workshops and technicians on its brake relining module. Scott Irwin, head of […]
A coalition comprising automotive trade associations and commercial organisations has been formed to lobby the UK government of behalf of the independent aftermarket. The independent aftermarket directly employs more than […]
TrustFord has recorded its strongest ever first six months, delivering a pre-tax profit of £13.6m on a turnover of £1bn. Stuart Foulds, chairman and chief executive officer of TrustFord said: […]
RHCV has appointed its first in-house group health, safety and facilities manager. The independent Renault Trucks distributor, which has added two new sites to the group in the past three […]
Average used car values at BCA rose above £9,000 for the first time on record in June. Average prices rose by £835 month on month, equivalent to a 10% increase, […]
Volvo will acquire Geely’s share in their joint venture in China with the longer-term aim of taking full ownership of its car manufacturing plants and sales operations in the country. […]
Thatcham Research has unveiled a new training programme called EV Ready to help the automotive aftermarket prepare for the electrification of the industry. The blended learning will be delivered remotely […]