Kia has outlined its plan to grow its profit contribution from electric vehicle (EV) sales more than 10-fold as annual zero emissions vehicle volumes grow to 1.6 million by 2030.
The Finance and Leasing Association has predicted a 6% decline in car finance during 2023 after new business volumes declined 5% in February.
New car registrations ended Q1 2023 on a high after demand from large fleets drove year-on-year volume growth of 18.2%.
Lookers chief executive Mark Raban has said that he is “delighted” with the car retail group’s 2022 financial results performance in light of the “supply disruption, inflation and rising interest rates” experienced in the period.
Stellantis has set its sights on becoming the automotive sector’s “European leasing leader” after restructuring its finance and leasing operations.
Johnsons Cars Mazda general manager and former AM awards GM/DP of the Year winner Helen Price has taken a new job with British supercar maker McLaren Automotive.
Aston Barclay has partnered with the Energy Saving Trust to launch a new monthly electric vehicle (EV) auction - with an educational slant.
Peter Vardy has expanded the reach of its CarMoney motor finance broker service outside the UK with the launch of a new operation in Perth, West Australia.
Car dealers should be working to promote the benefits of condition and history checks, warranties and consumer rights as two-fifths of motorists consider turning to a private seller in an effort to buy a bargain used car in 2023.
Nine million UK motorists might be ready to make the switch from car ownership to subscription, according to the results of research from Wagonex.
UHY Hacker Young’s automotive-leaning Manchester operation is aiming to double the scale of its business following the creation of an executive team led by new chief executive David Kendrick.
Group 1 Automotive is on the hunt for a new managing director once again after Mark Bridgland announced his departure from the US-owned car retail group ahead of the start of a “new venture”.
Hendy Group is all set to showcase its newly-expanded supercar retail portfolio at its high octane annual Hendy Performance Open Day event.
Jobs losses are expected to result from Marshall Motor Group’s closure of its Honda Scarborough dealership and the end of trading from Underwoods Skoda in Colchester.
Constellation Automotive has appointed cinch chief executive James Mullins to the board of AM100 car retailer Marshall Motor Group.
