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Author Archives: Jasleen Mann

Bumper secures £2m funding

Bumper has received a £2 million investment from Salica Investments. This is the first investment from London-based Salica. Investors from earlier this year include Suzuki Global Investments and Marubeni Ventures. James Jackson, Co-Founder and CEO, said: “Attracting high profile investors of the calibre of Salicia Investments vindicates our approach to delivering a seamless digital payments platform for dealers in the ...

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Shelbourne Motors announces £800k investment in vehicle rental brand

Shelbourne Motors, one of Northern Ireland’s largest family-owned vehicle retailers, has invested £800k in SVRgo – its vehicle rental brand. The SVRgo fleet has been upgraded to over 300 vehicles, undergone a rebrand, and is now accompanied by the launch of a mobile app designed to streamline bookings and enhance customer experience. Paul Ward, director of Shelbourne Motors, said: “This ...

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Evans Halshaw acquires Hyundai dealership

Evans Halshaw has acquired a Hyundai dealership from Sturgess Motor Group. The site opened today as ‘Evans Halshaw Hyundai Leicester’, selling new and used cars. Gary Armstrong, MD of Evans Halshaw, said: “We are delighted to expand our Hyundai network with a fourth store and look forward to welcoming colleagues to the business.” David Lucas, group vice president at Evans ...

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UK used BEV market the most stable in Europe

The retail used BEV sector in the UK is the most stable of the 13 major European countries, according to INDICATA UK. Used BEV sales account for a 4.8% share of the UK market while zero emission cars account for 5.1% of used car stock on dealer forecourts, demonstrating an even matched between retail supply and demand. Dean Merritt, INDICATA ...

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BVRLA’s Industry Outlook Report 2025 identifies causes for concern

The vehicle rental and leasing sector growth in 2025 could be impacted by tax rises, regulatory uncertainty and the ZEV Mandate. The BVRLA’s Industry Outlook Report 2025 was launched as part of the Industry Outlook Conference yesterday. It suggests members are expecting a ‘Jekyll and Hyde’ year in 2025. Gerry Keaney, BVRLA chief executive, said: “Expectations that 2025 will see consumer and business ...

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Supermarkets increased stocks of sub two-year-old cars in November

Car supermarkets sourced higher volumes of younger vehicles in November to maximise profitability, according to Motors. Supermarkets increased their inventories for the second month in a row – averaging 214 units in November, a new high for the year, moving closer to last November’s total of 220. Lucy Tugby, marketing director of Motors, said: “While November was characterised by small ...

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Second best-ever November for vans, says SMMT

The new light commercial vehicle (LCV) market recorded its fourth consecutive month of growth as registrations rose by 10.5% in November, according to the Society of Motor Manufacturers and Traders (SMMT). It was the second biggest November recorded in the history of the LCV market, with 30,300 new vans, pick-ups and 4x4s registered. Mike Hawes, SMMT Chief Executive, said: “The ...

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New car market declines while EV uptake increases in November

Deliveries of new cars fell by -1.9% in the UK during November with 153,610 joining the road, according to the Society of Motor Manufacturers and Traders (SMMT). This is the second consecutive monthly decline and the third decline in four months. Mike Hawes, SMMT Chief Executive, said: “Manufacturers are investing at unprecedented levels to bring new zero emission models to ...

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