Motor Trader is taking a  a break over the festive period. Usual news service will resume on 2 January, 2025. Many thanks for engaging with us during 2024 and wishing you a merry Christmas and happy New Year.

Arnold Clark has announced its third expansion move in a month with the opening of new Renault and Dacia sites in Liverpool and the Wirral. Earlier this month it announced that it had bought  Wingrove Motor Company for an undisclosed sum. Wingrove Motor Company Limited has been serving the needs of North East motorists since 1925, when the company was ...

Steven Eagell Group, the UK’s largest Toyota and Lexus retailer, has secured grants for local community causes. The grants were obtained as part of the Toyota and Lexus Community Funds, programmes of small grants designed to help local charities, schools and community projects. Applications are put forward by retail centres on behalf of projects in their local community. Its Toyota ...

UK car production crashed -30.1% in November to a 44-year low. It was the ninth consecutive month of decline with a 64,216 cars rolling off factory lines, 27,711 fewer than in November last year, according to figures from the Society of Motor Manufacturers & Traders (SMMT). It said the fall was due to product decisions, weakness in key global markets and ...

G3 Vehicle Auctions announce a week of physical auction events for the launch of their second remarketing facility in Bedford. The first physical auction takes place on Monday 6th January 2025 from 12pm with over 300 vehicles expected to be offered through the centre in their opening sale from headline vendors such as Oodle Car Finance, Zopa, First Response Finance, ...

Registrations of BEVs by Chinese carmakers surged across Europe in November, almost equalling those of market leader Tesla. According to Jato Dynamics the standout performances of the month came from China’s automakers, which combined registered more than 24,100 units of BEVs in November (including Volvo, Polestar and Lotus), just behind Tesla. China’s automakers increased market share in the BEV category, ...

The Financial Conduct Authority (FCA) has given finance houses until December 2025 to respond to motor finance commission complaints It said the extension will help prevent “disorderly, inconsistent and inefficient” outcomes for consumers and firms. “We have extended the time firms have to respond to complaints about motor finance agreements not involving a discretionary commission arrangement (DCA). “Firms now have ...

Honda and Nissan are reportedly in talks for a merger aimed at enhancing their competitiveness in the electric vehicle market. According to a report by the Japanese newspaper “Nikkei,” the two companies are planning to sign a memorandum of understanding aimed at exploring the establishment of a new holding company. This move is seen as a strategic effort to make ...

The High Court has found in favour of the Financial Ombudsman Service in a review of its decision to uphold a complaint relating to a discretionary commission arrangement (DCA) in a motor finance agreement. The Court dismissed all three grounds of appeal brought by Barclays Partner Finance. The Judge found that the Financial Ombudsman had interpreted FCA rules and the ...

JC Campbell has relocated its MG business to a new £2m dealership on a two-acre site in Newry, Northern Ireland. Established in 1945 by Jim Campbell, the business was an early dealer of British Leyland. In the 1970s Jim’s son, Colin, entered the family business and paved the way for new partnerships with Rover, Citroën and Honda. Today, the third-generation ...