News
Stellantis Q2 results highlight continued losses in Europe
Stellantis reported a 13% year-on-year increase in second-quarter net revenues to £37.3bn (€43.5bn), with improved sales in North America helping return the group to profit despite continued losses in its European operations. Net profit reached £257.1m (€300m) in the quarter,…
BYD UK passes 100,000 new car registrations
BYD has passed the significant milestone of 100,000 new car registrations in the UK. Its sales only commenced with the ATTO 3 in March 2023. In that time, BYD UK has gone from five retailers to a network of 143 sites.…
Group 1 UK sees profits and turnover dip in Q2
Group 1 UK saw turnover and gross profits take a hit in the three months to the end of June. Gross profits fell -2.4% to $202.1m (£151m) on turnover down -4.9% to $1.45bn “During the current quarter, the Company disposed…
Luscombe pays out £170,000 profit share bonuses for staff
Luscombe Motors has paid out £170,000 in profit share bonuses to employees following a record year for the business. The group has been diversifying with the opening of a 400 sq m Omoda Jaecoo showroom. It has also invested in…
Mazda UK unveils new selected approved used car programme
Mazda UK has unveiled a new selected approved used car programme. All cars purchased via the programme include multi-point vehicle inspections, 12-months unlimited mileage warranty, 12-months European roadside assistance, accident aftercare and £99 refundable reservation fee. Laura Brailey, sales director…
Customers ‘comfortable’ using AI for simple queries for now
Customers are happy using AI for simple queries, according to a survey of 2,000 UK customers commissioned by Moneypenny. Respondents mentioned using AI for booking a service or MOT (34%) and for booking a test drive (24%). Casey Lewis, business…
Used EV sales show ‘signs of cooling’ as prices rise
Used car market data firm MarketCheck said the UK’s used electric vehicle market showed signs of cooling in June 2026. Sales volumes fell for a second consecutive month as average sold prices continued to rise. A total of 27,612 used…