News
WSG partners with Loveelectric on EV cosmetic and alloy protection
Warranty Solutions Group (WSG) has announced an exclusive partnership with EV salary sacrifice provider Loveelectric to offer comprehensive cosmetic and alloy protection as part of its optional zero risk guarantee cover.
DfT urged to mandate salary sacrifice to firms for EV sales boost
The Renewable Energy Association (REA) is lobbying the UK Government for a range of measures to cut transport emissions, including making salary sacrifice schemes for electric vehicles (EVs) mandatory for medium and large businesses.
Black Horse owner Lloyds puts aside £1.25bn awaiting car loan commissions outcome
Lloyds Banking Group, which owns Black Horse Motor Finance and Lex Autolease, has put another £700 million into its pot for potential compensation while it awaits the outcome of the car loan commission saga at the Supreme Court.
Vehicles In Video partners with iTrack to boost dealership lead management
Vehicles In Video (ViV) has announced a strategic partnership with automotive digital lead solution expert iTrack Leads, bringing together the strengths of both platforms to streamline dealership operations and improve customer engagement.
UK faces economic blow as Trump mulls 25% tariffs on luxury car imports
President Donald Trump announced his administration's plan to impose a 25% tariff on imported car, semiconductors, and pharmaceutical products, with the new levies potentially taking effect as early as April 2.
Carwow appoints Jeremiah Crider as new finance chief
Online car buying website Carwow has appointed Jeremiah Crider as its new chief financial officer to lead the charge in driving financial excellence and establishing solid operational foundations as the company scales rapidly.
Regit partners with DBS Data to enhance targeted automotive marketing
Digital garage Regit is partnering with offline communications and advertising expert DBS Data to transform how brands in the automotive space engage with motorists by leveraging Regit’s insights from over four million motorists to deliver highly personalised, data-driven campaigns.
Supreme Court rejects Chancellor’s bid to intervene in finance compensation case
The Supreme Court has rejected Chancellor Rachel Reeves’ attempt to intervene in a landmark case concerning hidden commissions in car finance, dealing a blow to lenders facing a compensation bill potentially running into billions.
BCA shuts down Chipping Warden site, 200 jobs at stake
Employees at the Chipping Warden branch of Constellation Automotive-owned remarketing giant British Car Auctions (BCA) have been left reeling after the business announced it will be closing the site, with around 200 workers set to lose their jobs.