Strong retail demand for used EVs has led to a sharp rise in EV conversion rates at auctions over recent months, according to Carwow. Carwow’s auction EV conversion rates have climbed MoM since April. In August the gap shrank to below 1pp, and in September conversion rates for EVs exceeded ICE by 3pp. Matt Cockerill, Trading Director at Carwow said: ...

Warrantywise has named the Honda CR-V the most reliable SUV. The Honda CR-V has an overall score of 85/100 according to Warrantywise’s Reliability Index. Antony Diggins, Warrantywise MD, said: “As children up and down the country return to school, we see added pressure on family vehicles, meaning having a trusted family wagon is more important than ever. “Demands on budgets ...

Group 1 has acquired Soper of Lincoln BMW/MINI, located north of London, in the country of Lincolnshire. This acquisition is expected to generate around $125m in annual revenues. Group 1 CEO, Daryl Kenningham, said: “We want to welcome our new teammates from Soper of Lincoln to the Group 1 family and are delighted to expand our operations with these great ...

Shawbrook Group acquired JBR Capital on 30 September, positioning the finance provider to expand its operations in the luxury, hypercar and supercar sectors. JBR Capital will increase the maximum amount it will fund on a single vehicle or single customer exposure from £750k to £2m. This will reduce loan approval times to as low as four hours. Darren Selig, JBR ...

Vauxhall has begun UK customer trials of the Vivaro HYDROGEN van. Companies will be taking part in the trial over the coming months ahead of the UK launch of the Movano HYDROGEN. James Taylor, Managing Director, Vauxhall, said: “As the UK’s best-selling electric van manufacturer for the past three years, we are already leading the way in electrifying Britain’s businesses. ...

Subaru has unveiled the all-New Subaru Forester which will launch in the UK in Spring 2025. Full UK vehicle specification, and pricing, will be released closer to launch. The sixth generation Subaru Forester’s exterior has been significantly remodelled. It features a wider and sharper-looking front design, a bold-shaped grille, connecting to signature headlamps and a strong side profile reflects the ...

Renault has shared details and images of the Renault 4 E-Tech 100% electric ahead of its unveiling at the Paris Motor Show on 14 October. The Renault 4 E-Tech 100% electric will be made in Maubeuge, France, and reach the retailer network in 2025. First-look images of the car included the grille, the 4 logo, tail lights, the quarter window, ...

In its election manifesto, Labour committed to reinstating the 2030 ban on new ICE (petrol/diesel) car sales, which the previous government had pushed back to 2035. However, reports now suggest that any reinstatement of the 2030 ban would allow the sale of new hybrid cars to continue until 2035. A ‘tweak’ to the manifesto pledge has been implied by a ...

Carmoola has announced a new debt deal with NatWest to offer ‘dealership-beating’ rates worth £100 million. This will allow Carmoola to further enhancing the car buying experience versus traditional dealership financing. It is considered a fast, fair and affordable way for consumers to get car finance directly, rather than through an intermediary. Aidan Rushby, founder and CEO of Carmoola, said: “Through this ...

The Motor Ombudsman is marking two decades since the Motor Industry Code of Practice for New Cars received full ‘Stage Two’ approval from the former Office of Fair Trading (OFT). In September 2004, the Code was deemed to be effective in promoting and safeguarding the interests of motorists, and provided added protection to consumers when buying a new car. Bill ...