Car Dealer
Government defends its Electric Car Grant after it fails to shift out of first gear
A month after the launch of the Electric Car Grant there are still no EVs eligible for the full £3,750 discount.
Luxury dealer group H.R. Owen opens high-end Lotus showroom opposite the Ritz
Luxury car dealer H.R. Owen has expanded its network of high-end showrooms with the opening of a new Lotus site opposite London’s famous Ritz Hotel.
Motorway changes online auction times to ‘better align with dealer business hours’
Motorway has extended the time that retailers have to bid in its online auctions as part of a drive to ‘better align with dealer business hours’.
Bumper investment: Repair finance firm bags £8m backing from automotive heavyweights
Bumper has raised more than £8m in equity funding with some of the biggest names in the automotive industry agreeing to back the repair finance firm.
Family-run Vospers slumps to pre-tax loss as car dealer endures ‘challenging’ 2024
Family-run car dealer Vospers saw its profits wiped out in a ‘challenging’ 2024, with the firm slipping to a pre-tax loss.
Polestar aims to give customers ‘unparalleled access’ with new showroom in Kent
Polestar has added to its UK dealer network with the opening of a new site in Kent.
Revealed: The cars that made dealers the most profit in July – and premium motors led the way
The Mercedes-Benz C-Class gave dealers the highest retail margin in the sub-£10k retail bracket last month, while Land Rover continued to be most profitable brand.
Family-run Williams Motor Group sees profits slide despite rising new and used car sales
Williams Motor Group has seen its profits fall for the second year in a row with the retailer becoming the latest firm to feel the impact of strong economic headwinds throughout 2024.
House of Lords committee questions cost and timescale of FCA’s car finance redress scheme
A House of Lords committee has raised concerns over the Financial Conduct Authority’s proposed redress scheme for customers who were mis-sold motor finance.
Snows Motor Group wins prestigious Peugeot award for ‘roarsome’ performance
Snows Motor Group’s Peugeot Basingstoke dealership has been recognised and praised by the French carmaker with a prestigious award.
Jaguar Land Rover sees profits fall by nearly 50% after US trade tariffs take effect
JLR (Jaguar Land Rover) saw profits nearly cut in half after sales slipped and US trade tariffs began to bite.
Popular used car dealership behind YouTube channel Shifting Metal to CLOSE
Popular used car dealer and YouTube star Joe Betty has announced he is shutting down his car dealership.
Ford of Britain-owned dealer group TrustFord sees profits return to black in solid 2024
Ford’s UK dealer group turned around its fortunes last year, posting steady rises in revenue and pre-tax profit.
Stellantis recall woes move up a gear – now 72,000 cars called back over potential fire risk
Some 72,000 cars from brands such as Citroen, Peugeot and Vauxhall have been recalled due to potential fire risk. Carmaker Stellantis has confirmed 28
The huge warranty claims blighting EVs as most unreliable electric cars revealed
Some of the most expensive electric car warranty claims have been revealed – with some cars facing whopping bills of more than £6,000 to fix.
Beware of fraudsters offering motor finance compensation, FCA warns
Customers are being warned about fraudsters posing as car finance lenders with bogus offers of compensation. The Financial Conduct Authority (FCA) said it
