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China’s Chery Automobile partners with Octopus to enter UK car rental market
Chinese state-owned carmaker Chery Automobile has forged a strategic partnership with UK-based Octopus Electric Vehicles to lease its Omoda electric …
Polestar achieves 9% reduction in GHGs per car sold in 2023
Polestar, the Swedish electric performance car brand owned by Volvo and renowned for its electric vehicles (EVs), has released its …
Which? exposes APRs up to 40% for monthly car insurance payments
Which? investigators uncovered that certain car insurers apply APRs as high as 39.11%, with an average rate of 23.37% across …
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) …
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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 …
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 …