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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 …
Toyota Kreditbank expands white label finance solutions for car dealers
Toyota Kreditbank has broadened the reach of its white label financial solutions through new partnerships with Wahl Finance and Flegel …
KGM Motors UK appoints new customer service head
KGM Motors UK has named Keith Chaffe, with more than 20 years of experience in the automotive sector, as the …
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Ayvens posts Q1 2024 results
Ayvens, a prominent vehicle leasing player in Europe, has announced its financial results for Q1 2024. The company's leasing contract and …
Insurers navigate challenges as UAE floods impact motor sector
The recent deluge in the United Arab Emirates (UAE) on April 16, marking the most significant rainfall in 75 years, …
Carly unveils free car history check service
Carly, a UK-based direct-to-consumer car diagnostics company, has unveiled its Free Car History Check service, according to a statement. The service …
Close Brothers Motor Finance joins Zuto’s marketplace
Close Brothers Motor Finance has formed a partnership with Zuto, a vehicle finance marketplace, to offer real-time finance approvals and …
Glyn Hopkin in tie-up with Bumper to offer interest-free monthly payments for vehicle services and repairs
Glyn Hopkin has partnered with Bumper, the automotive fintech payment specialist, to provide customers with access to interest-free monthly payments for …
Porsche 911 dominates resale market: Independent Advisor
In a recent analysis of the second-hand car market, Independent Advisor Car Insurance reveals that Porsche owners are leading the …
New car registrations rise 10.4% in Q1, but ZEV mandate could hit supplies
Cox Automotive has warned that the UK zero-emission vehicle (ZEV) mandate could affect new car supplies despite a positive market …
Warwick Acoustics expands manufacturing operations at Europe’s largest automotive R&D site
Warwick Acoustics, a UK-based speaker technology and systems maker, has announced the expansion of its cutting-edge manufacturing operations. The company …
Wireless Charging: the next frontier in EV technology
We now have over 55,000 charging points across 31,445 locations in the UK, another significant increase of 46% year-on-year. But …
UK motor insurance premiums rise marginally in Q1 2024
The UK has witnessed a 1% rise in motor insurance premiums in the first quarter of 2024, according to the …