All articles by Shivam Mishra
Shivam Mishra
China’s Chery forms electric vehicle JV with B-ON to penetrate Europe
The Chinese company will also provide the necessary working capital to support the JV’s operations.
ComfortDelGro secures $73.47m loan from DBS to decarbonise UK fleet
The funds have been utilised to purchase 135 electric buses for London bus operator Metroline.
Hedin Automotive to acquire Dutch dealer Dubbelsteyn
The acquisition includes all dealership activities such as sales, after-sales services, and spare parts sales.
New car sales in EU fell by 5.2% in March 2024
According to the ACEA, the timing of the Easter holidays was as a contributing factor to the downturn.
Rising motor insurance costs in UK sparks flurry of complaints, says FCA
The regulator attributed the rising insurance costs to supply chain disruptions, the increasing complexity of vehicles, and the volume of claims.
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China’s Chery Automobile partners with Octopus to enter UK car rental market
This collaboration will provide Omoda drivers with access to Octopus’ EV services, including specialist tariffs, home charging solutions and a roaming charging network.
Inchcape seals £346m deal to sell UK dealership business to Group 1
Group 1 expects the acquisition to expand its UK dealership network to 109 locations.
Close Brothers Motor Finance implements remote identity checks
Since its launch, the system is claimed to have successfully identified and thwarted several identity fraud attempts.
AFP urges fleets to verify vehicle registration as errors increase
The industry body has observed a rise in instances where vehicles are delivered with incorrect registration details.
Business demand for new vehicle rises as personal market falls: BVRLA
Personal contract hire demand fell 7.1% as personal finance deals are impacted by rising costs and diminishing incentives.