News
Vertu targets older vehicles with Value Cars programme launch
Vertu Motors flagged up the negative pressure of the ZEV Mandate on new car profitability with full year pre-tax profits down 18.1% to £20.3m on turnover ahead 1.5% to £4.83bn. Programme to enhance portfolio with new Chinese entrant brands implemented…
Women in Motor: Connections that drive change
Keyloop and Solera cap hpi are founding partners of the new UK arm of Empowering Auto, originally a Canadian nonprofit organisation that supports the role of women across the industry. Motor Trader attended the launch event for Empowering Auto UK,…
Used EVs top Cazana price growth chart
Used electric vehicles (EVs) have topped Cazana’s charts for price growth for the first time this year. Growth was driven by rising fuel prices and consumer appetite for alternatively-fuelled vehicles (AFVs). EVs were the fastest-selling fuel type in the UK…
March plate-change reflects ‘importance’ of motor finance for car sales
The Finance & Leasing Association (FLA) released strong motor finance figures for the March plate-change month. The consumer new car finance market reported new business up 15% by value and 14% by volume in March compared with the same month…
Close Brothers signs home charging dealer contract with Pod
Close Brothers Motor Finance (CBMF) has struck a deal with Pod that will give its network of 5,000 motor dealers and their customers easier access to EV charging at home and on the forecourt. With EV sales continuing to grow…
Arnold Clark opens newly refurbished BMW showroom in Kirkcaldy
Arnold Clark has reopened its newly refurbished BMW showroom in Kirkcaldy, located on Carberry Place. The upgraded site features a modern showroom, dedicated customer lounges, and state-of-the-art workshop and servicing bays. Callum Rankin, group brand director at Arnold Clark, said:…
Vertu SEAT & Cupra Carlisle employee wins award
Damion Warren-Harrod of SEAT & Cupra Carlisle has been named at the Vertu Masters Awards. He received the accolade for the SEAT division as part of Vertu’s annual awards celebrating the achievements of high-performing non-management colleagues. Warren-Harrod said: “I am…