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 ...
Read More »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 ...
Read More »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, ...
Read More »Barclays loses motor finance High Court challenge
The High Court has found in favour of the Financial Ombudsman Service in a review of its decision to uphold a complaint relating to a discretionary commission arrangement (DCA) in a motor finance agreement. The Court dismissed all three grounds of appeal brought by Barclays Partner Finance. The Judge found that the Financial Ombudsman had interpreted FCA rules and the ...
Read More »Oodle adopts iVendi point-of-sale system
Oodle Car Finance is adopting iVendi’s new point-of-sale system to power its growth in 2025. to help power growth during 2025. The system will enable it to offer a range of finance products to a wider number of dealers for online and showroom sales. James Tew, CEO at iVendi, added: “Oodle has a reputation as an innovative motor finance provider ...
Read More »Rodgers of Plymouth rebrands as Murray Hyundai and Murray Kia
Rodgers of Plymouth has been rebranded as Murray Hyundai and Murray Kia. Showroom locations, contact details, and members of staff remain the same. Kevin Murray, MD, said: “The addition of Kia and Hyundai to the Murray Group marks a significant moment for our business. “We are thrilled to extend the Murray brand to these outstanding manufacturers and look forward to ...
Read More »JC Cambell moves MG business to new £2m dealership in Newry NI
JC Campbell has relocated its MG business to a new £2m dealership on a two-acre site in Newry, Northern Ireland. Established in 1945 by Jim Campbell, the business was an early dealer of British Leyland. In the 1970s Jim’s son, Colin, entered the family business and paved the way for new partnerships with Rover, Citroën and Honda. Today, the third-generation ...
Read More »Mercedes-Benz Vans UK gets new MD in 2025
Mercedes-Benz has appointed Iain Forsyth as the new managing director of Mercedes-Benz Vans UK, a role he will assume from 1st March 2025. In his new position, Forsyth will be responsible for the strategic development of the van business in the UK, as well as the digitalisation of key value streams. He will take over from Robert Veit, who has ...
Read More »Steve Young Blog: Where have the ACES gone?
Before anyone thinks that I’m going to start offering tips on how to make a fortune in their local casino, I will immediately declare that my card skills are limited to simple childhood games like snap and whist. When I visit Las Vegas for the NADA Show every other year, I have absolutely no idea what’s going on at the ...
Read More »Room for Chinese brands to ‘shape their story’ and establish presence
Auto Trader’s head of strategy and insights, Marc Palmer, offered insight into consumer attitudes towards new entrants at the NFDA’s Driving Automotive 2024 which took place at Lord’s Cricket Ground last week. The presentation explored the extent to which UK consumers are open to new entrant brands, specifically Chinese brands. Based on a survey of 4,000 people, research suggests that ...
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