News
Softer used car margins see Steven Eagell profits fall 27% to £10.9m
Toyota and Lexus specialist Steven Eagell delivered a “strong and resilient performance” in 2025. Profits took a hit down 27% to £10.9m on turnover which down 4.8% to £1.04bn. In the Strategic Report CEO Steven Eagell wrote: “Against a backdrop…
Park’s Renault East Kilbride redevelopment reflects new R Store corporate identity
Park’s Renault East Kilbride now features Renault’s new network corporate identity, following a major redevelopment over four-and-a-half months. Located at 1 Braeview Place, the transformation forms part of a significant seven-figure investment across the wider Park’s East Kilbride campus. Andy…
FLA urges early action to protect consumers and avoid delaying redress
The Finance & Leasing Association (FLA) is urging early action to protect consumers and support growth. It suggests body says action on well-evidenced harms should not wait until 2027, warning poor claims practices are increasing costs and delaying redress.…
ASA rules Motorpoint Instagram ad is misleading
The Advertising Standards Authority (ASA) has decided that a paid-for Instagram ad from Motorpoint, which included “Save up to £17,000” as text, is misleading following a complaint where a consumer suggested they were unable to find a vehicle with a…
Consumer confidence in Chinese car brands accelerates
More than two in five (43%) drivers would consider buying a Chinese vehicle as their next car, compared with just 26% who would not, according to findings from Close Brothers Motor Finance. Attitudes towards Chinese manufacturers are shifting as their…
Halfords to open 35 new Fusion centres in 2026
Halfords is continuing to toll out its Fusion garage model. It now has 103 locations with a further 35 sites to be completed this year. Fusion is a cross selling model that links Halford’s retail business with its garages and…
SMMT calls for ZEV Mandate overhaul in flat UK market
The Society of Motor Manufacturers and Traders (SMMT) has called for the ZEV Mandate to be “realigned with real world conditions” as it announced flat car production figures for the UK market for May. Overall, UK vehicle production rose 2.7%…