News
Peter Waddell wins ‘unfair prejudice’ case but dismissal was legal
The Big Motoring World High Court case came to a head this morning with a 499-page judgement handed down. Mr Justice Marcus Smith found that Mr Waddell was excluded from Big Motoring World and that his holding company, Peter Waddell…
Dealers welcome “greater certainty” as interest rates held
Dealer trade body the National Franchised Dealers Association (NFDA) gave the thumbs up to the Bank of England move to hold interest rates at 3.75% for a fifth consecutive meeting. It said the move offered “greater certainty” for dealers who…
JLR reveals management shake-up with new UK boss
Patrick McGillycuddy will step down as managing director, JLR UK, to take up the global role of managing director, Defender. He succeeds Mark Cameron, who will become CEO, North America, a newly created position. McGillycuddy has led JLR UK since…
Buyers favouring 3 to 4 year old used cars
UK used car buyers favour three to four-year-old used vehicles, with demand significantly outpacing supply, according to Indicata. The Indicata Market Watch report reveals that vehicles in this cohort account for 25.8% of used-car sales despite representing only 22.6% of…
Blue Motor Finance bought by Hodge Bank from administrator
Blue Motor Finance went into administration yesterday but was immediately bought by Hodge Bank. Simon Edel, Richard Barker and Alan Michael Hudson of Ernst & Young LLP were appointed as joint administrators. According to the Financial Conduct Authority Blue Motor…
Cazoo sees surge in searches for EVs in July
Searches for EVs on Cazoo doubled year-on-year (YoY) in July and increased 14% for hybrids. However, these alternative fuelled vehicles only represented 17.8% of cars listed by dealers, according to Cazoo Market View analysis. EVs accounted for 6.9% of listings,…
Maria Grazia Davino joins Ford of Europe as VP, sales
Maria Grazia Davino has been appointed vice president, sales, Ford of Europe, effective October 1, 2026. Based in Cologne, Davino will be responsible for leading sales across Europe and overseeing all commercial operations, including retail, dealer network and distribution. She…