Jameel Motors UK, the UK distributor for Farizon vans,has joined the Society of Motor Manufacturers and Traders (SMMT). The move comes as the company gears up to launch the all-new born electric Farizon SV large van in the UK. Farizon was established in 2016 and is the electric commercial vehicle brand owned by Geely, China’s largest privately-owned vehicle manufacturer. Jameel ...

Motor auctions reported a “mixed performance” in the LCV market with concerns raised over the upcoming changes to Benefit-in-Kind tax treatment for double cab pick-up trucks in April. The higher tax costs were announced in the Budget by Chancellor Rachel Reeves. Following the Budget the Society of Motor Manufacturers & Traders raised concerns over double pick-up sales. It said sales fell ...

Three out of four drivers believe the high cost of public charging to be the most significant barrier to wider uptake of Electric Vehicles. That’s the conclusion of a report from EVA England, the EV driver membership body. The publishing of the EVA England report comes amidst concerns in the EV sector that a lack of consumer incentives risks derailing ...

Black Horse owner Lloyds has set aside a further £700m for potential costs associated with motor finance Commission payments which will be heard in the Supreme Court in April. This brings the total set aside to £1.15bn, including the £450m set aside in 2023. Lloyds set there was a lot of uncertainty surround the amount to be paid. In its ...

  Rockingham Cars is representing Leapmotor in Corby, one of 80 dealers the Chinese brand hopes to have on board by year end. Rockingham been operating in Corby since 1978. The two, fully electric vehicles include the C10 – a mid-sized SUV with a range of 261 miles at a price of £36,000 – and the more compact T03 city ...

Consumer spending is expected to remain subdued in the coming months despite the recent cut in interest rates. That’s the view of the Finance & Leasing Association (FLA), which said over 40% of motor finance houses expected some increase in business in the coming months. The consumer new car finance market reported new business by value in December 15% higher ...

Volvo specialist Ray Chapman Motors’ Malton dealership took home gold in the ‘dealership’ category at this year’s Fleet Procure Awards. Hosted annually by e-procurement, stock and order management software specialist Fleet Procure, the awards aim to recognise excellence throughout the automotive industry – from leasing companies and brokers to dealers and vehicle manufacturers. Ray Chapman Motors Malton was shortlisted from ...

Used car guide Parkers has listed the cars that depreciate the most in 12 months and those that depreciate least over the period. The loser list is dominated by electric vehicles with the fiat 500e losing 52% of its value after 12 months. The notional book price new was recorded at £34,140, which fell £17,765 to  £16,375 over the period. ...

The National Franchised Dealers Association (NFDA) has been given permission to intervene in the motor finance case taking place in the Supreme Court. It emerged yesterday that the Treasury had not been given permission to intervene and will now have to watch events from the sidelines. Last month Chancellor Rachel Reeves  sought permission to intervene a bid to protect banks ...

The deadline to enter the Motor Trader Commercial Industry Awards has been extended to Friday, 7 March. The awards take place at the Hilton Metropole NEC on 29 April 2025. The Motor Trader Commercial Industry Awards cater for dealers, suppliers, and service providers in the motor transport arena. The awards take place on 29 April, the evening of the first day ...