News

SMMT chief awarded OBE

Society of Motor Manufacturers and Traders chief executive Mike Hawes has been awarded an Officer of the Order of the British Empire (OBE) for services to the automotive industry in […]

UK diesel prices highest in Europe

Wholesale costs have continued to fall since April but fuel prices remain stubbornly high, according to data revealed by the RAC. Its Fuel Watch found that a litre of petrol, which […]

JBR Capital under new ownership

Shawbrook Group has agreed to acquire London-based vehicle finance lender JBR Capital and its subsidiary companies. JBR Capital is the UK’s only independent finance lender dedicated solely to high-end vehicle […]

GSF Car Parts warns of skills ‘timebomb’

Steve Horne, CEO of GSF Car Parts has urged the new government to urgently address what he describes as an automotive skills ‘timebomb’. Automotive parts distributor GSF Car Parts has […]

VMs could benefit from waning EV interest

New data suggests that vehicle manufacturers scaling back on the production of electric vehicles due to cooling consumer demand could see their margins increase. This is according to Bloomberg Intelligence‘s […]

JLR commits £1m to fighting vehicle theft

JLR has announced it will invest upwards of £1m to help police forces around the country prevent organised crimes targeting its vehicles for theft. The investment will help deliver dedicated […]

Fleets drive growth for Novuna and MHC Mobility

Vehicle leasing and mobility solutions providers Novuna Vehicle Solutions and MHC Mobility, the UK and European operations of Mitsubishi HC Capital UK, have reported group level pre-tax profits of £126m […]

REMA TIP TOP joins IAAF

Automotive equipment and consumables supplier REMA TIP TOP UK has joined the Independent Automotive Aftermarket Federation (IAAF) membership. REMA TIP TOP, with a group turnover of £106m and parent company […]

UK urged not to follow EU on Chinese tariffs

The UK has been urged not to follow in the footsteps of the EU after the European Commission said it had ‘provisionally concluded’ to impose tariffs on electric cars imported […]

Lawyers estimate emissions claims at £6bn

Vehicle manufacturers are facing compensation payouts to UK drivers of at least £6bn if found guilty of cheating on emissions tests. Speaking at hearing in London, lawyers representing around 1.5 […]

FAI Automotive announces key appointments

FAI Automotive has named Phil Dodd as its new head of operations and John Cain as area sales manager covering the north. ​Dodd joins the business with over 45 years’ […]