Latest News

Bristol Street Motors has opened its Renault and Dacia dealership in Plymouth, following an investment of £820,000. The Renault and Dacia dealership will feature the latest new brand identity and incorporates a minimalist logotype inspired by objects found in garages and car shops, such as gears, chains, and tools, symbolising strength, reliability, and functionality. Darren Goble, CMA General Manager, said: ...

Caffyns turned in a strong performance in the half year to 30 September 2024 with a four-fold increase in pre-tax profits to £213,000 (£44,000) on revenues up 3% to £137.7m. Underlying profit before tax was £452,000 compared to £259,000 last time, including income of £0.14 million from the sale of a personalised numberplate. Given the economic backdrop and the changes ...

Battery Electric Vehicles (BEV) outperformed the market in November, taking an average of just 33 days to sell, according to cap hpi. BEVs aged three to five years old, which often fall within the retail price point of under £18,000, moved in an average of 25.5 days. Diesel vehicles were the slowest to sell (42 days), followed by Plug-in Hybrid ...

The van market is proving resistant to electrification with a “lack of curiosity and awareness” among potential buyers. That’s the view of Dionne Hanlon, senior editor for commercial vehicles at cap hpi, speaking at a Vehicle Remarketing event. The low sales of electric vans is a problem for van makers who are legally bound to have 10% of vans sold ...

Advert views for used Jaguars are up 5% on Auto Trader since the rebrand launched and search views are up 10%. The rebranding has come under fire for its 30-second teaser video on social media ahead of its relaunch as an electric only brand with a new logo. The ad had the tagline “Copy nothing”, a reference to founder William ...

Classic and historic sports and racing car dealer Tom Hartley Jnr has been appointed by by Bernie Ecclestone to sell his collection of historic Grand Prix and Formula 1 cars. Ecclestone, 94, who was for decades the commercial rights holder of Formula 1, built up his collection of 69 historic Grand Prix and Formula 1 cars. The cars have been ...

The Volkswagen Group will launch its first ever cross-brand communication campaign in the coming weeks and months to stimulate interest in electro-mobility. It will distribute facts and transparent messages in a wide range of formats to combat myths. Sebastian Rudolph, head of global group communications: “The Volkswagen Group is one of the pioneers of electric mobility. It features iconic brands and ...

Stellantis CEO Carlos Tavares has resigned from the company due to a boardroom bust-up over strategy. Stellantis yesterday confirmed that its board of directors had accepted Carlos Tavares’ resignation with immediate effect. Tavares, who built Stellantis in the fourth largest carmaker in the world, was under increasing pressure due to falling profitability in 2024 with shrinking sales in Europe and ...

iVendi and Close Brothers Motor Finance have formed a new partnership to make it easier for dealers to offer consumers motor finance, and enhance their operational processes and buyer experience while meeting Consumer Duty demands. iVendi’s Connected Retailing platform will deliver key motor finance tools, including a “plug-in” end to end, online motor finance solution for dealer websites and a ...

Cartime will open a used car supermarket in Nelson, Lancashire, near Burnley. The dealership will be located on Lomeshaye Industrial Estate, taking over the former V12 Sports and Classics dealership and workshop on Turner Road. This is Cartime’s fourth used vehicle showroom site, with existing locations in Bury and Rochdale. It will open in January following an estimated £300,000 refurbishment ...