PMD begins a strategic partnership with the RHA, the trade association of choice for all operators of commercial vehicles, giving its members access to the widest panel of funding lines available in the market. Manchester based PMD Business Finance is one of the UK’s leading independent providers of business finance and is now lending over […]
GSM Finance (GSM) has enabled one of its customers to reduce their environmental impact by purchasing the UK’s first fully electric ambulance, through securing funding from Wesleyan Bank. GSM is London’s largest independent asset finance brokerage. The company is the longstanding finance partner of The HATS Group, a leading provider of healthcare transport services to […]
As showrooms reopen their doors today, consumers will be greeted by a vast choice of the cleanest ever vehicles to suit their needs according to new research by the Society of Motor Manufacturers and Traders (SMMT). The latest analysis reveals that there are now 462 individual car models available in around 4,650 standard specifications augmented […]
It has been a long wait, but on Monday car showrooms in England, Wales and Northern Ireland will reopen and, after the toughest year for automotive in modern history, there is hope that consumer confidence – and the market – will return. Manufacturers and their networks have invested heavily in digital channels such as click […]
The new light commercial vehicle market grew by 85.5% in March with 56,122 vans joining UK roads with the ’21 new number plate, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). Usually one of the busiest months of the year, March saw the largest ever increase since […]
Continuing its rapid pace of expansion, Aston Lark, the chartered insurance broker backed by Goldman Sachs, today announces the acquisition of DNA Insurance Services Ltd to further strengthen its already significant motor trade expertise. Established in 2003, with offices in Romford and Southampton, DNA Insurance is a motor trade specialist with over 10,000 customers. With […]
The UK new car market recorded its first ‘growth’ since August 2020, with 29,280 more units registered during March compared to the same month last year, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). However, the month represents the anniversary of the first lockdown in March 2020, when the pandemic brought […]
New research (1) from Ebbon Intelligence, a new company that uses artificial intelligence to help clients manage their automotive fleets more effectively, reveals that 453,461 people are planning to sell their cars this year to save money, and will rent vehicles instead when needed. A further 403,077 intend to sell their cars to help reduce […]
Last March few would have anticipated how tough the following days, weeks and months would be for us all as coronavirus ravaged the economy, society and people’s lives. For the automotive sector a particularly difficult time, with companies dealing with the pandemic alongside Brexit and the increasingly rapid technological shifts taking place. Despite the challenges, […]
The Road to Zero emissions took centre stage yesterday as SMMT unveiled a blueprint to deliver greater retail uptake of the latest electric vehicles, with new figures showing businesses are twice as likely as consumers to make the switch from petrol or diesel. The call came at SMMT Electrified, which saw industry, government and wider stakeholders come together at […]
