Islamic car finance platform Ayan Capital is aiming to raise up to £25 million in Series A debt and equity funding following a successful £2.3m seed round
Automotive fintech payment specialist Bumper helped fund £0.5bn worth of car repairs by April and intends to grow that total by a further £460m by the end of this year.
Rygor Auto’s dedicated Mercedes-Benz passenger car service and repair centre at Heathrow is now open for business, adding to its nearby van and truck centre services.
North west independent used car dealer Cartime is readying for a year of rapid growth and expansion
DAF dealer North West Trucks is expanding its parts delivery fleet in Merseyside and Cheshire from 10 to 17 vans, with plans to add two more in the near future.
Fix Auto UK’s position in East Anglia has been strengthened with the appointment of three strategically placed repairers.
Shelbourne Motors is expanding its multi-franchise Newry complex with a new Maxus dealership.
Long-serving Mercedes car retailer Sandown Group has opened its first venture with the Mercedes-Benz Vans franchise.
MG Motor UK has announced a further two new franchisees in Wakefield and Kidderminster, taking its total to more than 90 sites in the UK.
Sytner has expanded and refurbished two of its Lamborghini dealerships in the UK, as part of a multi-million pound investment to meet the brand’s new corporate standards.
Startline Motor Finance is expanding into larger offices following rapid growth over the last year.
JD Classics has announced its international expansion through a partnership with Morris and Welford in the US.
Motorline Group announces plans to invest in new sites in Dartford, Medway, and the M4 corridor, by 2016.
