News

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 ...

Motorpoint is offering support to motorists whose cars have been damaged due to widespread flooding across England and Wales caused by Storm Bert. It is giving car owners whose vehicles have been written off due to flood damage £300 towards their next car. The price reduction is available on all Motorpoint stock. Motorists need to supply proof that their previous vehicle ...

Paragon Bank’s Motor Finance division has revealed a new team structure, with five promotions to senior roles The changes to the team come as Paragon Motor Finance recently promoted David Wilson to MD of the division after Julian Rance announced his retirement in September. Wilson said: “I’m delighted that we have been able to promote some of our team members ...

Warranty First has announced the successful completion of a buyout backed by investment house Charles Alexander Partnership. The company has ambitious plans to enhance repair plan services nationwide. Expansion plans include significant investment in technology and customer service. Charlie Whiston, who will continue his leadership role as COO, said: “This buyout marks a transformative moment for Warranty First. “With the strategic ...

The RRG Group are supporting White Ribbon Day and the “Not in My Name” campaign with Dovestone Women’s Institute which aims to end violence against women. Staff across RRG sites will be wearing white ribbons until 10 December, pledging to never excuse or stay silent about violence against women. RRG Group’s announcement read: “Engaging with this initiative is crucial in ...

Against the backdrop of faltering economic growth, many OEMs are responding to the restoration of new car supply and ongoing pressures to comply with the zero emissions vehicle (ZEV) mandate by increasing marketing spend and introducing new tactical offers and incentives. Driving demand for EVs The SMMT estimates that discounts for EVs across the full year will be worth around ...

The Jaguar rebranding events last week have certainly succeeded in getting the Jaguar name into many headlines even as they stop production of all models so you can no longer buy a new Jaguar.  There’s been a huge amount of comment, mainly negative, on social media and the general press.  I’m sure that my comments will overlap with many of the views ...