Peter Vardy Group has reported a significant financial loss of £10.93 million in it latest set of financial results, marking a sharp contrast to the previous year's pre-tax profit of £4.8m.
Škoda Auto is accelerating its electrification strategy with the unveiling of the latest iteration of its best-selling Enyaq family.
Ultra-rapid chargers have driven a surge in the UK’s electric vehicle charging network, with installations of 150kW+ devices growing by 84% in 2024.
Van buyers are facing a £1,732 average tax increase as Vehicle Excise Duty (VED) first-year rates - dubbed the “showroom tax”- jump in April.
Startline Motor Finance has secured a five-year, £475 million credit facility from investment bank J P Morgan, marking the sixth renewal of their partnership.
Cox Automotive has signed an exclusive five-year contract with Lookers to deliver a fully integrated remarketing programme across the AM100 group’s 135 dealerships across the UK.
Stellantis, Toyota, Ford, Mazda, and Subaru plan to pool carbon emissions with US EV manufacturer Tesla in an effort to meet stringent European carbon reduction targets, according to official EU documentation.
The latest Auto Trader Insight webinar brought together Catherine Faiers, chief operating officer at Auto Trader, and Jason Cranswick, chief operating officer at Marubeni Auto Investment, to discuss where opportunities lie in the coming year.
Independent car and van leasing specialist Select Car Leasing’s co-founder and joint CEO James O’Malley is stepping down after two decades at the helm.
Fish Brothers has signed an 18-month exclusive remarketing agreement with auction house BCA which will manage around 1,800 vehicles from the Swindon-based dealership group.
The vehicle repair sector is bracing for a "perfect storm" of challenges in 2025, as rising costs, customer cutbacks, and recruitment struggles collide to create a turbulent trading environment.
Steer Automotive Group has acquired the collision repair specialist Accident Repair Centre Group (ARC Group) which operates across the south west of England, strengthening its regional presence.
The average price of a used car in December 2024 was £16,649, a slight decline of 0.6% month-on-month (MoM) compared to November, according to the latest data from the Auto Trader Retail Price Index (RPI).
Independent garages benefited from £22.26 million in additional revenue between September and November, thanks to online servicing and MOT booking platform BookMyGarage.
The light commercial vehicle (LCV) market posted a 3.0% growth in 2024, with 351,834 new registrations making it the best year for fleet renewal since 2021, according to the Society of Motor Manufacturers and Traders (SMMT).
