Articles by Aimee Turner - Page 9

Shares in Close Brothers have taken a sharp hit in the wake of a landmark ruling by the Court of Appeal, which determined that motor finance brokers must provide full disclosure on commissions when arranging car loans.

Battery electric vehicle (BEV) prices in the used car market have shown signs of stabilising, according to Indicata’s latest Market Watch report.

The used car market has experienced remarkable growth over the past year, with the latest data from Marketcheck showing a 21% rise in listings since September 2023.

Family-run dealership Dick Lovett has revealed plans for a new, purpose-built dealership near Junction 16 of the M4.

New data shows the United Kingdom is experiencing an exceptional boost in electric vehicle (EV) sales, positioning it to become the fourth-largest EV market globally.

Payment Assist has reported a significant 350% increase in applications for its flexible four-month payment instalment plan.

Fix Auto Hereford has officially opened its doors, marking a milestone achievement for owner Kevin Dunlop, who joined the Fix Auto network just 20 months ago as owner of Fix Auto Tewkesbury.

Drive Motor Retail is to open a new MG dealership in Leamington Spa, marking a significant expansion of its presence in the area.

Online marketplace Carwow has poached Cox Automotive’s dealer development director Daniel Boakes as its new Sell My Car commercial director.

A report by the Resolution Foundation urges the government to align its policies with the swiftly evolving EV landscape to make adoption more accessible, writes Fraser Brown of automotive consultancy MotorVise.

Used car marketplace Motorway is launching a new insurance product designed to protect dealers from mechanical and electrical issues when buying used vehicles online.

After leading the charge in online car sales growth in 2023, the UK has seen progress stagnate in 2024, ranking fifth in BearingPoint’s New Car Online Sales study.

Holden Kia Norwich is poised for a major upgrade as part of Kia’s latest brand evolution, with work beginning in mid-November ahead of the showroom reopening in February.

Pinewood Technologies has upgraded its earnings guidance as the pureplay automotive software firm prepares for major overseas expansion supported by a brand refresh as Pinewood.AI.

Car manufactured in the UK suffered a significant decline of 20.6% in September, with 70,039 units rolling off production lines, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT).