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.
Drive Motor Retail has recognised its top performing employees at a black-tie awards ceremony in Bristol.
Chris Hayes will take over as director of Lexus in the UK on January 1, following the retirement of Ewan Sheppard.
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.
Dacia has been named the UK’s most satisfying car brand, according to readers of consumer motoring website HonestJohn.co.uk.
Industrial action is threatened at Aston Martin as workers face losing an estimated £100,000 in retirement income if the defined benefit scheme is closed.
Toyota Motor Corporation has announced plans to offer 30 battery electric vehicles by 2030.
Two former car showrooms could be demolished to make way for a new electric vehicle (EV) charging hub and petrol filling station.
Motor retail executives from CarShop, Humphries And Parks, Available Car and eDynamix will discuss methods of improving stock turn at this afternoon's AM webinar.
Firms handling large sums of cash have been reminded of their duty to combat money-laundering after NatWest Bank was fined £264.8 million in the Financial Conduct Authority's first criminal prosecution for money laundering failings.
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.
Former Lookers, Manheim and Rapid RTC employee Matt Maley has joined automotive retail video specialist Vehicles in Vision as sales and operations director.
Citygate Automotive has opened the doors to a new Volkswagen Commercial Vehicles van centre in St Albans.
The Ben automotive benevolent charity looks set to be handed a £500,000 Christmas gift after the Ben Ball 2021 succeeded in delivering a £96,500 festive fund-raising boost.
John Clark Motor Group has completed a multi-million refurbishment to transform its former BMW Tayside dealership into a new home for its Volvo Car UK franchise.
Vertu Motors has deployed some of its “M&A firepower” to complete the £9.2 million acquisition of two-site Toyota franchised car retailer Farmer and Carlisle.
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The UK must move away from “20th century thinking centred around private vehicle ownership” and towards shared mobility, Transport Minister Trudy Harrison MP has said.
Vertu Motors has completed a £600,000 investment a new Bristol Street Motors aftersales service centre specialising in Stellantis brands Vauxhall, Citroen, and Peugeot.
Consumer car finance remained up 7% by volume in the year to the end of October despite an 11% decline in October, according to Finance and Leasing Association (FLA) data.
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Car-sharing club Zipcar is urging London authorities to accelerate the expansion of the city’s rapid electric vehicle (EV) charge points.
