Car Dealer
UK vehicle manufacturing plummets nearly 12 per cent so far in 2025
Production of new cars and vans has fallen by almost 12 per cent in the first half of 2025, according to figures released by the Society of Motor Manufacturers and Traders (SMMT).
Alfa Romeo jumps on pre-EV Grant bandwagon by slashing price of Elletrica
Alfa Romeo is the first non-Chinese brand to offer incentivised discounts on its electric models, ahead of official EV Grant details being finalised.
Trump tariffs have cost USA’s biggest car maker $1.1bn in operating income
The USA’s biggest car maker, General Motors, has claimed that President Donald Trump’s tariffs knocked $1.1bn (£813m) off its operating income in its last quarter.
Shares in Toyota and Honda surge as Trump announces Japan tariff deal
Shares in automotive companies have boomed after US President Donald Trump struck a trade deal with Japan.
Jaguar Land Rover delays launch of electric Range Rover until 2026
The launch of the electric Range Rover, which has been on the cards for three years, has been delayed yet again, with parent company JLR writing to customers waiting for the model to inform them that deliveries will not start until next year, after initia...
Renault sees cars sales boom in Europe, but van collapse stagnates growth
Despite booming car sales and leadership of the European new electric car market, Renault has posted zero growth in Q2 after a plunge in demand for vans offset growth in its passenger car range.
GWM and MG join Leapmotor in offering discounts ahead of EV grant
Two Chinese electric car manufacturers have reacted to confusion over the government’s EV Grant, offering discounts ahead of grant scheme elgibility details being officially confirmed.
Debts expected to remain unpaid after collapse of dealer group Marsh Holdings
Administrators for failed dealer group Marsh Holdings, which held major motorcycle franchises in Devon as well as a used car dealership, have said that over £2m of debts run up by the company will remain unpaid
Farizon reveals flagship dealership at former Cazoo site in London
Electric van start-up Farizon has opened the first part of its flagship dealership on London’s North Circular Road.
Desira Group opens its third Nissan dealership, creating 15 jobs
East Anglia-based dealer group Desira is opening a third retail Nissan site, situated in Kings Lynn, Norfolk.
IMDA calls for grants on used EVs to support independent dealers
The Independent Motor Dealers Association has issued a strong response to the Government’s recent electric vehicle (EV) grant announcement – welcoming support for the new car sector, while raising serious concerns for the used EV market.
Tesla Model 3 is fastest-selling used car in July – Auto Trader
The Tesla Model 3 is currently the UK’s fastest selling used car between three and five years old, according to data from online sales platform Auto Trader.
Renault ‘embraces competition’ amid Chinese-made car onslaught
Renault has to ‘learn from the competition’ as it launches a succession of electric vehicles as a vast number of Chinese-made alternatives enter the market.
UK banks’ financial results in spotlight as lenders await critical motor finance court ruling
UK banks’ financial results will be in the spotlight this week as lenders await the outcome of a critical court judgment that could open the tap on car finance compensation payouts.
Vauxhall owner Stellantis reports €2.3bn loss from tariff impacts and market uncertainty
Global carmaker Stellantis, which owns the Peugeot, Citroen, Vauxhall, Opel, Fiat, Alfa Romeo, Dodge, RAM, Chrysler, Abarth and Lancia brands, has reported a loss of €2.3 billion (£2.01bn/US $2.7bn) in the first six months of 2025.
Ford Kuga and Volvo XC90 prove most profitable used models for dealers in June
Trade-to-trade platform Dealer Auction has revealed that the Ford Kuga offered dealers the highest profit potential in the sub-£10,000 retail bracket in June.