All articles by Saad Ahmed
Saad Ahmed
NFDA: Half of consumers have not used the internet to research maintenance services
Nearly half, 49%, of consumers have not used the internet to research typical car maintenance services such as tyres, service, MOT, and repairs, according to research by the National Franchised Dealers Association (NFDA).
Alphabet appoints Oswald as CFO
Fleet provider Alphabet GB has appointed Stefan Oswald to the role of chief financial officer, replacing Albert Vissers, who returned to Alphabet’s operation in the Netherlands.
PM hints at diesel scrappage scheme as London brings forward ULEZ and charges to 2019
UK prime minister Theresa May appeared to hint at an upcoming diesel scrappage scheme following the announcement that London’s ultra-low emission zone (ULEV) would be implemented a year earlier than initially planned.
Industry claims rush to avoid VED rise fuelled record new car sales
The new car market rose 8.4% year-on-year in March to a record of 562,337 registrations, according to the Society of Motor Manufacturers and Traders (SMMT).
Santander to pay $25.9m for facilitating ‘unfair’ high-rate subprime car loans
The American arm of Santander Consumer is to pay $25.9m (£20.8m) in settlements for facilitating sub-prime car loans made in Massachusetts and Delaware, according to news reports.
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Tesla overtakes Ford in market value
Electric car manufacturer Tesla has reached a market value of $49bn (£39.4bn), overtaking Ford by $3bn, according to news reports.
FCA: Credit card companies must help 3.3m in persistent debt
The Financial Conduct Authority (FCA) has proposed measures for credit card companies to help the 3.3 million people in persistent debt, which it claims would save customers up to £1.3bn a year.
Volvo Car UK makes several appointments in sales team shake-up
Volvo Car UK has announced a raft of appointments in its internal sales operation team, reshuffling many existing employees, and creating three roles.
VED changes come into effect
The changes in Vehicle Excise Duty (VED) confirmed in March’s spring budget came into effect on 1 April.
Manheim signs part-exchange deal with Heritage Automotive
Vehicle remarketer Manheim has signed a two-year deal with Heritage Automotive for the supply of part-exchange vehicles to its Bristol auction centre.