Although it posted strong sales of electric vehicles, Volkswagen brand vehicle sales were down 8.1% in 2021 due mainly to the sales constraints caused by the global semiconductors shortage. Volkswagen…
New business volumes in the UK consumer car finance market rose by 33% year-on-year in…
The average age of used cars in the UK reached record levels in Q4 2021, according to data from Autorola's…
AutoProtect Group has appointed Mike Edwards as chief sales and marketing officer, bringing significant automotive experience to the role. Edwards…
Retailers must focus on margin retention and profit, as supply chain shortages are unlikely to ease until later this year,…
Eight in 10 motor dealers have seen a surge in demand for used car stock in the last six months,…
ALD Automotive has signed a memorandum of understanding (MoU) to acquire 100% of LeasePlan for a total sum of €4.9bn. The proposed combination of ALD and LeasePlan to create NewALD…
V12 Vehicle Finance has committed to introducing a fully electric and hybrid fleet by June 2024 as part of its plan to reduce its carbon emissions. The Solihull-based vehicle finance…
Mike Hawes, chief executive of the SMMT, described 2021 as ‘desperately disappointing’ for the UK new car market, with registrations seeing just 1% growth on a pandemic-torn 2020. The statistics…
The remarketing outlook for 2022 will be the focus of conversation at the first Vehicle Remarketing Association’s (VRA) of the year. The webinar will be led by Jim Saker, professor…
The fintech industry ended 2021 on a high note, with players in the ecosystem securing billions of dollars in funding deals in December. The fintech industry went from strength to…
© Copyright Verdict Media Limited 2022
