All articles by Sarah Brady
Sarah Brady
Consumer car finance new business volumes fell by 5% in February 2023
Figures released by the FLA show consumer car finance new business volumes fell 5% in February 2023 compared with the same month in 2022.
CarMoney launches new operation in Perth
Peter Vardy Group’s finance software provider CarMoney expands operations to Perth, Australia after securing £1.2 billion in deal funding.
Ebbon Automotive expands into leasing broker community
Leaselink, Ebbon Automotive’s e-procurement software platform, has seen an uptick in leasing brokers using the service spurred on by BMW and Toyta GB.
Consumer demand for cars rises in March
March saw overall sales increase by 4.5% while test drives fell by 1.6%. Handovers continued to be a challenge, with a drop of 29%.
Equipmake partners with Westway Coaches to accelerate electrification of fleet
Equipmake’s Zero Emission Drivetrain (ZED) includes a patented HVAC system which gives an overall electric range of up to 220 miles
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Connected Kerb to install 10,000 EV chargers in Surrey
The £60 million rollout in Surrey will consist of Connected Kerb’s entire product range, including 7kW and 22kW Gecko chargers.
British car manufacturing output rises 13.1% in February
Hybrid, plug-in hybrid and battery electric vehicle output surges again, up 72.2%, accounting for two in five cars produced in the month.
Almost two-thirds of customers leave dealers with an illegal tyre
REALtime Communications estimates that, among premium brands, the average illegal tyre work conversions are 27.71%.
Almost 50% of UK drivers would buy an electric vehicle if they could use it to power their home
With 61% of drivers admitting they feel they have no control over their home energy bills, 49% said bidirectional charging would tempt them to buy an EV, Indra finds.
Arbury Group adopts Autofinity inventory platform
ViHUB platform pools information from multiple sources to create a data source which in turn feeds online marketplaces.