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UK used car sales grow by 6.5% in Q1 2024
The used car market in the UK has recorded a 6.5% increase in the first quarter of 2024, with 1,967,923 …
18% increase in fleet downtime: Arval survey
Almost one in five fleets (18%) have seen a rise in car and van downtime during the last 12-18 months, …
VW warns against tariff hike on Chinese EVs
In a recent statement cited by the Financial Times, the head of Volkswagen's (VW) brand, Thomas Schäfer, cautioned Brussels against …
FCA takes action against three automotive firms
The City regulator has announced significant regulatory actions against three automotive companies: Keegan Motors Ltd, Ayaan Motors Limited, and Max …
Mercedes-Benz FS commits to consumer protection: FCA
Mercedes-Benz Financial Services (UK) Limited (MBFS) has undertaken measures to rectify concerns raised by the City regulator regarding the transparency …
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UK online car retailer Cazoo discloses intent to enter administration
UK-based online used car retailer Cazoo has taken steps towards administration as it seeks to prevent its collapse. The company, which …
Infrastructure first: Leaseurope Director General urges caution in mandating EV adoption
Responding to a recent Financial Times editorial discussing the challenges faced by electric vehicles (EVs), particularly concerning high prices and inadequate charging …
FCA probe puts DSARs in the spotlight: Car dealerships brace for surge
The FCA's inquiry into historic car finance loans has put dealerships across the UK in the headlights. And although we won’t know the …
rFpro unveils 36km digital loop of Los Angeles roads
UK-based simulation software specialist rFpro has unveiled a digital model of an extensive network of roads in Los Angeles, California, …
Flock partners Acorn on connected insurance for UK taxi fleets
London-based insurtech company Flock has formed an alliance with The Acorn Group to offer a new insurance solution to taxi …
Auxillias partners with IAA Advisory to offer board advisory services for asset and motor finance
Auxillias, in collaboration with IAA Advisory, is set to provide customised compliance and legal counsel, as well as comprehensive industry …
Gofor partners with VCHRGD Technologies
Gofor, a specialist in fleet management and business contract hire based in Edinburgh, has unveiled a strategic collaboration with VCHRGD …
UK’s Wayve secures $1bn for autonomous driving AI
Wayve, a UK-based autonomous driving company, has raised $1.05bn in a Series C funding round led by SoftBank Group. The funding …
UK new car registrations rise for 21st consecutive month in April 2024: SMMT
In April 2024, UK new car registrations marked their 21st consecutive month of growth, albeit with a modest increase of …
European fleet managers unprepared for impact of EU’s new sustainability legislation: report
Alphabet International's latest European Fleet Emission Monitor (EFEM) report has revealed a concerning lack of awareness among fleet managers in …