News

JT Hughes Group has taken on the Mazda franchise in Telford, representing the Japanese marque for the first time. The dealer group, ranked 132 in the Motor Trader Top 200 Dealer Groups with annual turnover of £97.9m, already represents Honda, KGM, Hyundai, Kia, Isuzu and Ineos Grenadier. JT Hughes, which began trading in 1972, has three multi franchise showrooms, located ...

The electric vehicle (EV) revolution is in full swing, and it’s no longer just about brand-new models hitting the market. EVs take record annual volume and market share at 19.6%, but figure still below mandated levels. Private consumer demand contracts to levels last seen in pandemic with just one in 10 private buyers going electric in 2024 Despite the electric ...

The Bank of England (BoE) has confirmed that interest rates will be cut to 4.5% today, the lowest level since June 2023. The announcement was welcomed by dealers. Sue Robinson, chief executive of the National Franchised Dealers Association (NFDA), representing car and commercial retailers across the UK said: “The Bank of England has reduced interest rates further to 4.5%, following cuts ...

Big Motoring World is gearing up for the £14m sale and leaseback of a huge National Car Preparation Centre in Peterborough. The property is to be let to Big Motoring World parent Bapchild on a 20-year lease at £1m per annum. A sale and leaseback deal allows Bapchild to release tied up capital and give a fresh injection of cash ...

Jigcar has appointed James Griffin (pictured) to the new role of Transport Director, starting with immediate effect. Griffin was the former Head of Logistics at Cazoo, responsible for overseeing the movements of trucks, drivers and third party vendors as well as internal logistics. Prior to that he managed regional logistics for Wincanton. Elliott Perks, CEO of Jigcar, said: “James Griffin ...

A new programme has been launched to improve and make more efficient crash and body repairs carried out on EVs and promote high standards. The Hybrid and Electric Vehicle Repair Alliance (HEVRA) for independent garages  is now including bodyshops in its membership. It said bodyshops need the right knowledge, tools, and support to manage repairs effectively. Membership Benefits Include technical ...

The Road Haulage Association (RHA) is bringing a class action against a number of truck makers accusing then of operating as a cartel and fixing prices of their vehicles sold to end users UK hauliers have until 14 February to register for a class action being brought by the Road Haulage Association (RHA) in the UK’s Competition Appeal Tribunal (CAT). ...

Vertu said  today that its adjusted profit before tax for the year ending 28 February 2025 will be “significantly below” current market expectations due to distortions created by the ZEV Mandate. It said retail new car sales across the UK were standing at a 25-year low with higher volumes of lower margin fleet business. It added that used car profitability ...

The Bank of England (BoE) has confirmed that interest rates will be cut to 4.5% today, the lowest level since June 2023. The announcement was welcomed by dealers. Sue Robinson, Chief Executive of the National Franchised Dealers Association (NFDA), representing car and commercial retailers across the UK commented: “The Bank of England has reduced interest rates further to 4.5%, following ...

Volkswagen will present the show car for its new €20,000 entry-level electric model to the public at the beginning of March. The world premiere of the production model is scheduled for 2027. VW’s new electric small car lineup includes compact all-electric vehicles. The first new model will be the production version of the ID. 2all show car which will reach ...