Editor’s Choice

The used car market is witnessing a “significant” shift towards hybrids away from petrol. That’s the conclusion of the latest Indicata Market Watch report. IT said mild Hybrid Electric Vehicles (MHEVs) and Plug-in Hybrid Electric Vehicles (PHEVs) accounted for almost one in three (30.8%) of July’s sales of used cars up to four years old. This came at the expense ...

Hendy Group has appointed Duncan McPhee to the new role of chief operating officer (COO). He will join the business in October, reporting direct to Hendy Group CEO Paul Hendy. Most recently McPhee was COO at Lookers, where he led a team of over 6,500 employees and last year managed a turnover exceeding £4bn. He will oversee day-to-day operations and ...

The Sun newspaper, which is owned by News UK, is gearing up to launch Sun Motors, a car listing and financing platform. It said it will soon be in touch with dealers to get them on board. The business is being developed in collaboration with a number of partners in the Motor Genius Group. Finance compliance is being handled by ...

Stoneacre Motor Group re-engages with Nissan as a franchise partner through the Grimsby and Hull Nissan dealerships, following its acquisition of Trenton Motor Group. The Stoneacre directors will work with Nissan’s senior team to enhance business opportunities for both companies. Shaun Foweather, MD at Stoneacre, said: ‘‘We are delighted to welcome the Trenton Motor Group team into the Stoneacre family. ...

Financial services group Zeus Capital has become the last voice to cast doubt over the efficacy of the government’s ZEV Mandate. In its Quarterly Electric Vehicles Report, it said carmakers were lagging well behind the governments ZEV Mandate targets of 22% for cars and 10% for vans. “Despite continued growth, the 16.8% share of new registrations is quite a way ...

Eastern Western Motor Group will acquire the Honda dealers in Dundee and in Perth – West End Garage in Dundee and Perth Honda, with a completion date of 27 August. The dealer group will now have a total of 5 Honda sites in its portfolio. West End will remain in Broughty Ferry while some staff will move with Honda to ...

The Financial Conduct Authority is extending the current pause to the time firms must respond to consumers about motor finance complaints involving a discretionary commission arrangement (DCA). The regulator announced the move on the London Stock Exchange, saying it now intends to set out next steps in its review into the past use of DCAs in May 2025. By then, ...

Steer Automotive Group has launched Steer Electric, the group’s first electric vehicle repair facility at Eastleigh. The facility spans over 14,000 square feet features full aluminium structural repair capabilities and integrates advanced EV technology tooling and equipment to meet the demands of their current and future electric vehicle parc. Technicians have been trained in EV safety, battery management, and high-voltage ...

Vertu Motors has continued its expansion into the South-West with the acquisition of Honda Exeter from Hendy Group this week. The dealership, rebranded as Vertu Honda Exeter, brings Vertu’s Honda dealerships across the UK to a total of 17. In the South-West, Vertu Honda Exeter joins Vertu Honda Plymouth and Vertu Honda Truro. Chris Taylor, group operations director at Vertu ...

The average three-year-old used electric car is now 43.8% cheaper than 18 months ago, according to INDICATA UK. A 2.0% price fall was experienced by used EVs in June, resulting in price parity between equivalent EVs and ICE cars. Dean Merritt, INDICATA UK’s head of sales, said: “Our latest used EV trends do not make enjoyable reading for leasing companies ...