Hodge has announced its partnership with Blue Motor Finance, offering the leading second-hand car finance and technology company a funding facility of up to £240million for two years. Blue Motor Finance operates in the used car market, providing hire-purchase loans to consumers through its network of dealerships and brokers. The deal is all part of […]
Automotive is one of the UK’s most important sectors, ideally placed to drive net zero and boost the economy, but if we are to deliver on our potential then we must have free and fair global trade. This will be the central theme at our second Global Trade Conference, returning to screens worldwide next week […]
Cambridge & Counties Bank expects to break the £100m mark in financing for classic, vintage and sports (CVS) cars in 2023 as demand for specialist car lending continues to increase in the UK. The bank has seen £96m drawn by car owners and enthusiasts since launching into the specialist market in 2018 and is on […]
This week saw SMMT out on the road again as we attended the second party conference of the season, this time in Manchester, to hear from government about its mission to place motorists at the heart of policy making. Coming just days after the publication of the zero emission vehicle mandate and amid negotiations with […]
With less than 100 days to go, manufacturers finally have clarity on what they are required to sell next year and up to 2030, with government yesterday setting out the percentages of new zero emission vehicles that manufacturers will be required to sell. The industry is investing billions in decarbonisation and recognises the importance of […]
Quite the week for automotive and the future of our industry. We kicked it off with a sold-out SMMT Electrified conference, which discussed the challenges and opportunities the shift to electrification offers our sector. Our call was for greater support for the private EV consumer, for whom there are currently no incentives and, hence, stalling […]
Metro Bank’s ‘Scam of the Month’ for September 2023 is a warning to drivers about the influx of second-hand car scams as approximately a million drivers take possession of their new 73 licence plate cars from September. Purchase scams can take many forms; with the release of new 73 September licence plates there is an […]
Another week, another landmark announcement for the sector with the news that BMW Group will invest £600m in its British plants, securing the long-term future of the home of one of the world’s most iconic brands – MINI. It’s yet another vote of confidence in our advanced automotive manufacturing sector and underscores our capabilities in […]
As temperatures soared across the UK this week, the automotive industry enjoyed its own heatwave. The end of the summer recess saw a flurry of good news: the UK re-joining the EU’s scientific research scheme, Horizon; government funding allocations for battery and CAM supply chain development; and the opening of the UK’s biggest EV charging […]
Electric vehicles have become increasingly popular on UK roads, with charging stations being built in supermarket car parks and schemes available to add a charging port to your home. Insurance experts at A-plan Insurance have analysed data from the Driver and Vehicle Licensing Agency showing the number of privately owned cars and what fuel they […]
06/02/2024
Edition 313 – January/February 2024
You need to get out more By group editor Robert Lefroy Enablers: Consultation...
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