Over a third (35%) of Brits are likely to postpone or avoid buying a car altogether due to economic certainty, according to Close Brothers Motor Finance.
The number of UK drivers considering EV ownership has doubled in the past year according to Close Brothers Motor Finance's Britain Under the Bonnet report.
A third of drivers have postponed a new car purchase due to economic uncertainly, yet 82% are planning to purchase a new vehicle within the next three years.
Close Brothers Motor Finance has issued its top five tips to help car dealers achieve GDPR compliance after identifying a need for a quick and easy guide to the new legislation.
Close Brothers Motor Finance has announced the appointment of a new chief executive Rebecca McNeil, who will also join the business's executive committee.
More than two thirds of drivers (67%) say that they are less likely to purchase a diesel car after the VW scandal of 2015.
Close Brothers Motor Finance has launched an online portal allowing dealers to quote multiple finance products in tandem with its website.
Close Brothers Motor Finance has appointed Jaco Wilsenach as its chief operating officer to support its “business transformation programme”.
Long serving Close Brothers Motor Finance employees from across the UK have been recognised at an award ceremony at the business' Doncaster headquarters.
Close Brothers Motor Finance is celebrating it’s birthday milestone of 30 years by rewarding all employees with a birthday day off.
A quarterly dealer attitude survey carried out by Close Brothers Motor Finance has found that 92% of dealerships are confident about market prospects for 2018.
Close Brothers Motor Finance has relaunched its website, with the intention of improving the user journey for dealers and customers.
Close Brothers Motor Finance has showed its “commitment to the Doncaster region” with the unveiling of its revamped head office.
Close Brothers Motor Finance employees have raised £31,000 for the NSPCC and Cancer Research UK through a series of charity events.
Close Brothers Motor Finance has revealed that 21% of motorists will only buy an EV when technology improves.
The Society of Motor Manufacturers and Traders (SMMT) is calling on the Government to reach an interim agreement with the EU in Brexit negotiations to avoid the motor sector 'falling off a cliff edge'.
Car dealers are still the first port of call for drivers wanting expert advice on their next vehicle.
New car registrations fell 19.8% to 152,076 units in April, blamed on the Vehicle Excise Duty (VED) changes, but year-to-date performance still at record levels.
Dealers say business is booming and expect to prosper in 2017 despite the pro-Brexit referendum vote – and millions of consumers saying it has altered their car buying plans.
Tax reforms aiming to bring the self-employed in-line with full-time employees and renewed investment roads infrastructure have been announced in the Spring Budget 2017.