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Steven Eagell secures grants for community causes

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 ...

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G3 to hold first physical auctions at ex-Cazoo Bedford centre

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, ...

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Sales of Chinese BEVs surge across Europe in November

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, ...

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Finance watchdog gives banks more time to respond to commission complaints

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 ...

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Honda and Nissan hold merger talks

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 ...

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What Car? reveals main barrier to EV adoption

Public charging infrastructure concerns are the main barrier to EV adoption, according to What Car? research which surveyed 2,000 people. What Car?’s nine-point EV manifesto aims to encourage the Government to make effective changes to aid the transition to electric. More than a third (37%) of private car buyers cited worry about infrastructure as the main reason they aren’t considering ...

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Close Brothers raises over £4500 for BEN

Close Brothers Motor Finance has raised over £4,500 for charity, BEN, by taking part in the ‘Bangers4Ben’ rally. The annual charity event sees teams purchase a vehicle for under £750, theme it, and drive thousands of miles across famous European locations over four days. These vehicles are sold at auction with all proceeds going to BEN. Introduced 16 years ago, ...

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