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Inchcape seals £346m deal to sell UK dealership business to Group 1
Inchcape has signed a definitive agreement to offload its UK automotive retail operations (Inchcape UK) to Group 1 Automotive for …
Almost one in 20 motor finance customers identified as vulnerable as FCA announces new review
Almost one in 20 motor finance customers have been identified as vulnerable by iVendi as the Financial Conduct Authority (FCA) …
72% of dealers believe trend is developing against agency model
Almost three-quarters of dealers (72%) believe that there is a trend developing against manufacturer agency models, new research shows. April’s new …
Close Brothers Motor Finance implements remote identity checks
Close Brothers Motor Finance has recently integrated remote identity checks into its finance application process to enhance security. The new system, …
SDV and AI cars market expected to surpass US$700bn by 2034
A recent report by IDTechEx forecasts substantial growth in the SDV (Software-Defined Vehicles) and AI cars market, estimating it to …
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Shoreham Vehicle Auctions raises £300k for Chestnut Tree House Children’s Hospice since 2011
Shoreham Vehicle Auctions (SVA) raised £30,000 during its recent March charity auction week for the Chestnut Tree House Children’s Hospice …
AFP urges fleets to verify vehicle registration as errors increase
The Association of Fleet Professionals (AFP) has advised fleet operators to make sure that vehicles and vans are delivered with …
Used BEV and ICE car prices show signs of parity in Q1 2024: INDICATA
The prices of certain used Battery Electric Vehicles (BEVs) and Internal Combustion Engine (ICE) cars have begun to converge in …
FCA reminds motor finance firms to keep finances in check
The Financial Conduct Authority (FCA) is sending out reminders to motor finance firms to make sure they've got enough money …
GWM ORA introduces battery inspection initiative to reduce waste and enhance aftersales support
GWM ORA has launched a new in-house battery inspection and evaluation initiative to support its existing aftersales operations and third-party …
NFDA dealer attitude survey shows improved scores for EV topics
The recently published Winter 2024 Dealer Attitude Survey (DAS) by the National Franchised Dealers Association (NFDA) has highlighted a positive …
Study reveals most and least affordable European countries for car ownership
A recent study by Vignetteswitzerland.com, a Swiss provider of road tax stickers, has shed light on the most and least …
Driving the future of sound: Dirac’s VP of automotive talks tech and trends
Dirac is a global audio tech company, headquartered in Uppsala, Sweden, with research and development hubs in Copenhagen, Denmark, and …
Business demand for new vehicle rises as personal market falls: BVRLA
The latest Leasing Outlook report from the British Vehicle Rental and Leasing Association (BVRLA) reveals a diverging trend in the …
Barclays mounts legal challenge to FoS ruling over motor finance claim
Barclays, one of Britain's major motor finance providers, has initiated a legal challenge against the Financial Ombudsman Service (FoS) following …