All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
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.
Octopus EV and Mastercard to collaborate on salary sacrifice scheme
The alliance allows small business cardholders to offer their staff a £100 charging credit when they lease an electric car.
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Motive enters UK market to enhance fleet management
The company is extending its offerings in driver safety, fleet management, and workforce management.
FCA to launch consultation on unfair motor finance practices
The consultation will outline how companies should review past agreements to assess fairness and determine compensation.
EU commercial vehicle registrations decline in H1 2025: ACEA report
In H1 2025, new commercial vehicle registrations declined across all segments, with vans down 13.2%, trucks down 15.4%, and buses down 4.4%.
Alfa Romeo launches personal contract hire option for EV trial
The scheme is designed to offer a temporary driving arrangement with the option to extend, switch, or terminate after six months.