News
Oodle Financial Services sets aside £12.8m for FCA redress scheme
1441935137 Motor finance firm Oodle Financial Services has set aside £12.8m to deal with the FCA redress scheme. The move was announced in results filed at Companies House this month for the year to June 2025. It said the only…
JCT600 opens Changan dealership in Hull
JCT600 will represent Changan in Hull for the first time at its Priory Tec Park premises in Hessle. The site forms part of a wider redevelopment that will create a multi-brand electric vehicle hub for the Humber region. JCT600 executive…
SMMT Electrified 2026 brings industry together
In its sixth year, SMMT Electrified brings together more than 450 senior representatives from the global automotive industry, aligned sectors, government and media. The event addressed the UK’s transition to zero emission mobility and the ZEV Mandate’s role. Mike Hawes,…
Dealers workshops lose out as motorists cut back on SMR
Rising car maintenance costs are leaving workshops with a growing volume of partially completed safety-critical repairs. That’s a key finding of Bumper’s Automotive Aftersales Report 2025/26, ,which found in 70% of vehicle health checks (VHCs) where ‘red’ safety critical issues…
Vauxhall Mokka tops Dealer Auction profitability charts
Dealer Auction’s latest Retail Margin Monitor has revealed that two Vauxhall Mokka models offered dealers ‘compelling’ profit potential in February. The Mokka X took the number one spot in the top 10 (sub-£10,000 retail bracket), while older sibling, the Mokka,…
Used car market sees ‘surge in interest’ in sub-£10k EVs with rising fuel prices
The used market is seeing a “surge in interest” from dealers to buy sub-£10,000 used EVs following the rise in fuel prices caused by the Middle East conflict. Shoreham Vehicle Auctions (SVA) has seen every used EV below £10,000 find…
Used car market shows second consecutive month of sales growth
The UK used car market recorded a second consecutive positive month in February. New data from Brego showed stronger sales activity, more buoyant consumer demand and easing pressure in pre-registration volumes. According to Brego’s latest Car Market Insight Report, total…