Park’s Motor Group is poised to open a new Lotus Cars sports car dealership in Hamilton in preparation for the brand's “exponential growth”.
Car dealers are among businesses across the UK who have been told that they must pay back any overclaimed funds from Government’s coronavirus job retention scheme (CJRS) – deleting any online claims made in error within 72 hours.
Former Renault chief executive Thierry Bolloré has been named as Jaguar Land Rover’s replacement for long-time CEO Professor Ralf Speth.
Accounting errors have been blamed for an understatement of Aston Martin’s 2019 losses by £15.3 million.
Used car values rose by 0.4% during July as automotive retail's lockdown recovery delivered the month’s first price rise since 2009, Cap HPI has reported.
Mitsubishi Motors in the UK retailers have spoken of their “shock” at Mitsubishi Motor Corporation’s “unexpected” decision to exit the UK and wider European markets.
Electric vehicles (EV) and hybrid sales across Europe delivered a record 16.2% market share as overall car registration volumes declined by 24% as the sector emerged from COVID-19 lockdown.
The Financial Conduct Authority (FCA) has confirmed its move to ban all discretionary commission models in motor finance to save car buyers £165 miilion-per-year and eliminate “conflicts of interest” in the sector.
Mitsubishi Motors in the UK has written to its UK franchised retail partners to inform them of the Japanese car manufacturer's plan to exit the UK and European new car markets.
Cox Automotive has reported signs of pent-up demand in the used car market after its auctions went wholly online due to the COVID-19 pandemic.
Renault UK managing director has described the brand's electric vehicle sales success as "remarkable" in-light on the timing of the new Zoe EV and the COVID-19 lockdown period.
CD Auctions has welcomed former Citroen UK managing director Karl Howkins as its new MD as part of a bid to accelerate its “plans and ambitions for the future”.
JCB Group is handing out 1,000 branded sanitiser packs in an attempt to reassure its sales and service customers entering its dealerships in the wake of the COVID-19 lockdown.
Soaring demand for vans after COVID-19 triggered a home delivery shopping culture across the UK triggered a 20.8% rise in used values during Q2, according to Aston Barclay.
Ford has taken a £650 million loan to boost its investment into the development of electrification and smart mobility solutions in the UK – with the help of a £500m Government loan guarantee.
