Cost-cutting aimed at saving £10 million annually from Group 1 Automotive's UK operation are continuing to play out through the second quarter of this year to deliver benefits to the bottom line.
Pendragon PLC's sale of all its Evans Halshaw and Stratstone dealerships and vehicle leasing businesses to Lithia netted a £40.7 million for the remainder of the business, which now continues as Pinewood Technologies PLC.
The UK Government has reiterated it is "committed to keeping the transition to electric vehicles affordable" in a response to members of the House of Lords who have been urging it to do more to ease motorists concerns about a future driving EVs to reduce tailpipe emissions.
The UK car parc, the number of cars registered for UK roads, reached 35.7 million by the end of 2023, according to the Society of Motor Manufacturers' Motorparc database.
Geely-owned LEVC has revealed its first car that will go on sale in the UK will be a people carrier. It already sells vans and taxis.
A case in which two young men targeted an Arnold Clark dealership and hacked catalytic converters off from beneath several cars has been heard by magistrates in Greater Manchester.
After a road test of the Genesis GV60 electric car, AM's editor can't see how anyone who takes a GV60 out on a test drive could come away bitterly disappointed
Struggles with his mental health and the demise of one of his businesses were cited as causes for motor retailer and racer Dan Kirby to take his own life, an inquest has determined.
At a manufacturer level, the market has been experiencing almost as much turmoil as at the environmental level, in-depth analysis of Q1 new car registrations SMMT data shows
Group 1 Automotive has agreed a £346 million deal to acquire Inchcape's UK dealerships, almost doubling the scale of the AM100 group.
Founder and owner of Big Motoring World, Peter Waddell, has been removed from its list of directors at Companies House
The Financial Conduct Authority is reminding motor finance firms about their requirement to maintain adequate financial resources at all times, in the light of several lenders reserving millions of pounds in case of widespread compensation demands after the review of car loan commissions.
A worker who was processing catalytic converters was left with life-changing injuries by an incident at her Essex workplace, which has now incurred a large fine.
Mercedes-Benz plans to appeal after a German court ruled against it in a class action case over alleged use of diesel emissions defeat devices in its cars.
A bid to drive the UK Government to introduce mandatory licensing of motor retailers is being prepared by consumer protection groups who are concerned about high levels of complaints in the marketplace.
