Search Results for: vertu

Used car prices driven up by customer demand

Auto Trader analysis has found that average used car prices rose 1.5% on a like-for-like basis from March to April. This represents the strongest rate of month-on-month growth since April […]

SVA raises £38,000 for Chestnut Tree House

Shoreham Vehicle Auctions (SVA) has raised a record-breaking £38,000 in its 15th annual charity auction for Chestnut Tree House Children’s Hospice. The company has now raised more than £340,000 for […]

Car finance complaints reach record levels

The Financial Ombudsman Service has reported that car finance complaints have risen to record levels this year. The spike has been driven by the ongoing commissions scandal, with FOS data […]

IMI Annual Awards shortlist announced

The Institute of the Motor Industry (IMI) has announced the IMI Annual Awards shortlist, with winners to be announced at the IMI Annual Dinner on 12 March. The awards honour […]

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 […]

Leapmotor reveals plans for 50 UK sales sites

Leapmotor International expects to have a network of up to 50 retail sites in the UK by the end of the year. Leapmotor International is the joint venture between Stellantis […]

VMs limiting ICE supply to meet ZEV Mandate targets

Vehicle manufacturers are limiting the sale of petrol and hybrid vehicles to dealerships in order to meet incoming ZEV Mandate targets. This is according to Vertu Motors’ chief executive Robert […]

Dealership warns of falling ICE supply

A leading UK dealership has warned that there could be a shortage of new petrol and diesel vehicles entering the market as vehicle manufacturers strive to meet the Zero Emission […]