New car sales in EU fell by 5.2% in March 2024
The European Union car market experienced its first decline of the year in March 2024, with new car sales falling…
19 Apr 2024
Tesla shareholders to decide on Musk’s $47.8bn pay package and Texas move
According to the Financial Times, Tesla has proposed relocating its state of incorporation from Delaware to Texas, following a Delaware court's nullification of CEO Elon Musk's $56 billion compensation package…
19 Apr 2024
Liquid Fleet achieves record Q2 used car sales amidst buoyant market conditions
Fleet Procurement and management company Liquid Fleet reported record used car sales in the first quarter of 2024 selling almost 450 units through its remarketing network. Liquid Fleet experienced a…
19 Apr 2024
BCA reports stable used car values in March
Used car values remained stable for the third month running, averaging £7,522 in March, down just £42 (0.6%) compared to February with sold volumes and conversion levels also remaining consistent,…
18 Apr 2024
Rising motor insurance costs in UK sparks flurry of complaints, says FCA
Britain's financial services watchdog has revealed that the rise in motor insurance costs has triggered a wave of complaints as the country grapples with a cost-of-living crisis, reported Reuters. This…
18 Apr 2024
Tesla faces threat to European BEV lead amidst rising competition
Tesla's dominance in the European battery-electric-vehicle (BEV) market may be in jeopardy as the overall market share for BEVs is projected to stall this year, according to an analysis by…
18 Apr 2024
Volvo approves leases faster using FICO Platform
Volvo Cars has improved its customer onboarding process across diverse segments following its collaboration with global analytics software provider FICO, a recent press release revealed. The FICO Platform, operating on…