After what has seemed like ages, the motor industry is starting to innovate, highlights Iain Robertson, and he attributes the arrival of electrification as its major cause celebre, although removing the brakes from its latest concept might stretch the imaginations of some drivers. No great shakes at electronic gameplay, I entered the X-Box fray somewhat later […]
Fintech continues on its mission to bring more transparency to the industry 150 new hires Double the average number of female executives B Corp certification Manchester-based fintech Zuto has announced plans to hire 150 new team members across its Manchester and Macclesfield offices, as well as a number of remote-first positions. This follows a period […]
Following March’s disappointing ‘new numberplate’ registration figures, April felt all too familiar with the same pandemic-related headwinds continuing to restrict a recovery in the new passenger car and light commercial vehicle markets. Some 119,167 new cars and 21,597 vans joined UK roads last month, down -15.8% and -29.1% respectively, as ongoing supply chain issues – most notably the […]
UK new car market declines -15.8% to 119,167 units in April, but battery electric car registrations buck trend, up 40.9%. SMMT revises 2022 outlook down from 1.89m units to 1.72m as parts shortages continue to impact supply. Plug-in cars anticipated to account for more than a quarter of market in 2022 but additional assurance needed for […]
Leading automotive finance provider, JBR Capital, has launched into 2022 with a record-setting four-month period – the most successful since the company was founded in 2015. Based in London, JBR Capital has lent over £80m from 1 January to 30 April, enabling an ever-growing number of clients to fund their passion for high-end vehicles. JBR […]
Bury St Edmunds husband and wife, Paul and Emma Bishop, have secured significant funding deal from NatWest to purchase a local car garage in the town. The six-figure package has enabled the couple to take over the business, based in Eastern Way industrial estate, following the retirement of its former owner. It will now be […]
Massive investment by car makers since 2011 means today’s electric vehicle buyers can benefit from a 15-fold increase in choice of model, as well as, on average, more than three times the battery range compared with a decade ago, according to new research by the Society of Motor Manufacturers and Traders (SMMT). At the time […]
Business Gateway has helped an electric vehicle charging station contractor expand into new manufacturing facilities in Dundee and ensured the growth of its services. Tronius, based in Dundee, is Scotland’s first business dedicated to providing EV charging points. They also provide support for clients to help them meet their electric vehicle, energy and CO2 targets. […]
Nottinghamshire van rental company Newark Vehicle Hire has secured a six-figure funding package from Paragon SME Lending to help expand its fleet, including the addition of electric vans. The company has acquired eight Mercedes 315 Sprinter Vans and two Maxus Electric Vans. The latest additions bring its total fleet to 259 vehicles, including 23 electric […]
After two years of travel restrictions, SMMT was finally able to resume cross Atlantic discussions this week with a visit to Washington D.C. to strengthen collaboration with our sister associations and members with business in the U.S as well as resuming discussions with key automotive and trade policy stakeholders including the Department of Commerce and […]
