All articles by vidhya munnangi

vidhya munnangi

Hybrid vehicles retain resale value despite market volatility: Cox Automotive

In a comparison from November 2022, the difference in residual values between hybrid and EVs was marginal, with hybrids at 90% and EVs at 88%.  

Keyloop teams up with Kortical to help dealers retain more customers

The five-year collaboration will see Kortical’s AI capabilities integrated into Keyloop’s customer retention software. 

UK’s electric car grant fuels surge in consumer interest: Autotrader

The automotive marketplace has observed an uptick in ad views for various models that qualify for the new incentive. 

EV sales outshine other fuel types in UK market: BCA 

EVs are leading with the highest first-time conversion rate and strongest CAP performance across monthly and live evaluations. 

BNP Paribas in advanced discussions to buy Mercedes-Benz’s leasing unit

The potential acquisition is part of Mercedes-Benz’s review of its business operations.  

Leasing sector reports enhanced relationships with OEM partners: BVRLA

The data from 2025 shows a slight rise in contentment levels, with average satisfaction score reaching 7.1 out of a possible 10. 

UK’s FCA issues alert on fraudulent motor finance compensation claims

The scammers are reaching out to individuals to obtain sensitive information such as names, addresses, dates of birth, and banking details. 

UK’s used car market rises 1.7% in Q2: SMMT

This signifies the tenth consecutive quarter of growth, largely driven by the recovery in the new car sector. 

Used car values remained “resilient” in July: BCA

This pricing stability is largely driven by the “exceptional” levels of buyer participation in BCA’s online sales programme.  

UK car market drops 5% in July: SMMT

This represents the lowest figure for the month since 2022 and is 10.8% below the levels seen in the same period before the pandemic.