The Bank of England has raised interest rates for the first time in three years in a bid to tackle UK inflation.
A YouGov mobility survey of 2,400 people has found that 63% of people are ‘not interested’ in taking advantage of shared mobility schemes such are ride hailing or car sharing services.
Jaguar Land Rover’s (JLR) InMotion Ventures fund, Porsche Ventures and Silicon Valley-based Autotech Ventures have contributed to a £9 million fund-raising round by Bumper.
Lookers has boosted its fleet of vehicle delivery and collection vans alongside the launch of a new ‘click and sell’ online used car buying platform aimed at sourcing used car stock from private sellers.
Suzuki GB has named Tracks of Exeter as its National Dealer of the Year 2021 at its national dealer conference in Manchester.
Startline Motor Finance has completed a £292m London Stock Exchange-listed securitisation to fund growth and future-proof it with a move into electric vehicle (EV) funding.
Government’s latest cuts to the plug-in car grant could derail car retail’s decarbonisation efforts and will impact less affluent electric vehicle (EV) buyers most, the National Franchised dealers Association (NFDA) has said.
Vertu Motors chief executive Robert Forrester has paid tribute to fellow founder director William Teasdale after he dies following a short illness.
Toyota has revealed the specification and pricing details for its first fully-electric vehicle (EV) – the bZ4X SUV.
Nissan Halifax’s Jamie Priestley has been awarded Vertu Motors’ general manager of the year award for 2021.
Government’s ‘Plan B’ to mitigate against the approaching “tidal wave” of cases of the Omicron variant of COVID-19 have done little to dampen rising used car values, according to Auto Trader.
Car retailers across the UK have today been alerted to more “overnight changes” to the plug-in car grant (PiCG) – delivering a further “double whammy” of reductions for electric vehicle (EV) buyers.
Calls have been issued for renewed Government support for retail businesses after Prime Minister Boris Johnson re-issued “work at home” advice amid rising cases pf Omicron COVID-19 variant.
Carzam has marked its first anniversary with the appointment of former Paddy Power chief executive Andy McCue as its new executive chairman.
Marshall Motor Group has boosted the fund-raising efforts of the Ben automotive charity with a £50,000 donation to aid its efforts to address the “unprecedented impact” of COVID-19.
