Car dealer news
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.
Bowker prepares for growth with record number of apprentices
More than 20 apprentices across Bowker Motor Group’s dealerships in Blackburn, Bolton, and Preston are celebrating a record-breaking milestone, marking the highest total number of apprenticeships in the Lancashire dealership’s 40-year history.
Vertu battles margin squeeze as ZEV Mandate shakes car market
Significant pressure on new and used car margins due to the ongoing impact of the Zero-Emission Vehicle (ZEV) Mandate has forced Vertu Motors to warn that full-year pre-tax profit will be substantially below market expectations.