News
Paul Rigby to open new Volvo dealership in Stafford
Paul Rigby is set to open a new £1.5m Volvo dealership in Stafford, joining its existing Volvo centres in Birmingham and Stourbridge. The store, on Tollgate Drive, will feature Volvo’s signature lounge area, an interior workshop viewing window for customers…
The FCA pushes ahead with motor finance redress scheme.
The FCA is going ahead with a scheme to compensate motor finance customers who were treated unfairly. It said Courts have found that firms broke the law by failing to disclose important information to customers and an industry-wide scheme is…
Cazoo & MOTORS Market View reveals strong used car demand in March
Strong used car demand in March boosts first quarter sales for dealers, according to the Cazoo & MOTORS Market View. Days to sell improved and prices continued to dip. Car supermarkets sold 24% more stock month-on-month (MoM) and 25% more…
London EV Company names Tony Chi as acting CEO.
London EV Company (LEVC) has named Tony Chi (pictured) as acting CEO. Chi replaces Alex Nan who continues his role as chairman while taking on a broader scope of activity within the Geely International business. Chi brings over 20 years…
Dealers to get first look at motor finance redress scheme later today
Dealers will get their first look at the FCA approach on the motor finance redress scheme when the London Stock Exchange closes for business later today. It has arrived at this point following a consultation. It has said it believes…
JCT600 to open XPENG dealerships in Leeds and Hull
JCT600 will introduce XPENG to Yorkshire for the first time this month, with new sites opening in Leeds and Hull. The Leeds site will be based at JCT600 Approved South Leeds while the Hull dealership will be based at Priory…
Electric car sales targets review launched
A review of the UK government’s Zero Emission Vehicle (ZEV) Mandate may result in targets being delayed. Government officials are said to be rethinking their approach to this policy, The Times reported. A government spokesman said: “We recognise manufacturers are…