Landmark motor finance ruling to go to appeal
A landmark ruling on commissions paid in motor finance will go to appeal, the Supreme Court has said. The ruling in October deemed that paying undisclosed commissions in car finance […]
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GWM Ora to rebrand ahead of further UK launches
GWM Ora dealerships in the UK will rebrand as GWM in the first few months of next year, the company has confirmed. The move signals the company’s intention to launch […]
ZEV Mandate puts petrol deliveries on hold
Vertu Motors has said that it is unable to deliver newly sold petrol cars to customers because of the ZEV Mandate. The ZEV Mandate sets annual EV sales targets for […]
Young drivers make up a fifth of December fatalities
New AA analysis has revealed that young drivers are significantly over-represented in fatal crashes during December evenings. The data has been released as a warning to younger drivers ahead of […]
Alternatively fuelled vehicles see profit margins soar
Used alternatively fuelled vehicles saw an average 31.4% rise in gross margins in November, according to data from Dealer Auction’s EV Performance Review. It reported that average gross margins were […]
Used car prices continue falling after pandemic
Average used car prices fell 4.3% across London, according to new data released by online marketplace MOTORS. It’s November Market View revealed that average used car prices dropped from £24,043 […]
Latest IMI report shows slight drop in automotive vacancies
The latest IMI Automotive Vacancies Report, out today, shows that the motor trades vacancy rate has fallen month on month for the past four months. The IMI’s analysis of the […]
Number of electric vehicles on UK roads tops 1.3 million
A new report has revealed that the number of electric vehicles on UK roads has now exceeded 1.3 million. Data from Zap Map’s seventh annual survey has found that 3.94% of […]
Tools and consumables supplier FÖRCH acquires Ziebe in UK
The FÖRCH Group has continued its above average growth with the acquisition of its UK-based affiliate, Ziebe. The group from Neuenstadt in Germany has acquired 100% share capital of its […]
Apprenticeship Central meets recruitment and retention needs
Apprenticeship Central has announced that it is partnering with Fix Auto Slough and Uxbridge to deliver its recruitment and retention demands. The Fix Auto UK franchisee has committed to its […]
London revealed as van theft capital of UK
London has been revealed as the van theft capital of the UK, based on analysis of data from a Freedom of Information request. Dayinsure requested data from police authorities across […]
FLA figures reveal flatlining consumer car finance market
New figures from the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell by two per cent in October compared to 2023. The corresponding value […]