Sales of new electric cars held their own during the traditionally slow month of February
UK car production got off to a fast start in January, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT).
Lloyds Banking Group has allocated £450 million to cover potential expenses related to regulatory investigations into historic motor finance commission deals.
Motor dealers are still looking to invest in their forecourts this year despite economic uncertainty, rising costs and business challenges
Close Brothers Premium Finance has signed a new five-year contract with Brown & Brown’s UK network business Hedron Network.
Close Brothers Premium Finance (CBPF) has signed an exclusive deal with broker The Green Insurer
The looming cost-of-living crisis has emerged as the most significant hurdle that dealers will have to grapple with next year, according to Close Brothers Motor Finance.
The UK new car market enjoyed its best November for four years with registrations staging a near return to pre-pandemic levels
The UK Chancellor has moved to boost advanced automotive manufacturing and industry apprenticeships as part of the UK’s latest budget review.
This week’s Government’s Autumn Statement could prove a pivotal point for UK motor retail businesses and their customers, according to the NFDA.
Close Brothers Motor Finance has raised over £2,000 for automotive charity, BEN, by taking part in the ‘Bangers4Ben’ rally.
An absence of consumer incentives could mean the EV market could be lacklustre next year with the SMMT revising down growth to a market share of 22.3%.
Consumers are continuing to change their car buying plans because of the cost-of-living crisis according to the latest Forecourt Foresight research from Close Brothers Motor Finance.
An increasing number of automotive retailers are looking for online sales and technology to help save on costs and headcount, according to new research.
Car buyers are "releasing the handbrake" on their purchase plans, with six-in-10 planning to buy their next vehicle within the next 12 months, according to new research.
Motorists' responses to a survey conducted by Close Brothers Motor Finance suggests there is “overwhelming public backing” for an extension of the first MOT test from three years to four.
More than a third of car retailers claim that their business’ survival will be put at risk in the UK Government does not step in to provide support with their energy costs.
One-in-10 British drivers (10%) have been a victim of fraud when buying a car, research by Close Brothers Motor Finance has shown.
Almost a third of British drivers (32%) are planning to hold on to their current vehicle for longer than planned due to the cost-of-living crisis.
Nearly half (47%) of motorists planning to buy a new car in the next year would be prepared to pay more to avoid lengthy lead times, according to research.
