Blue Motor Finance today announce that it has smashed the £2bn lending mark. Since 2014, Blue has made stunning progress and in a short period of time has become one of the best-known names in motor finance. Blue provides hire purchase motor finance to customers via its network of over 2,000 quality checked used car dealerships, […]
Bridgend-headquartered Thunder Road Motorcycles Limited has been successfully acquired by Completely Motoring Group. Thunder Road, which was advised by Lexington Corporate Finance, has been acquired by Completely Motoring Group to support its continued growth as it expands its existing footprint and strengthens its multi-franchise status. Thunder Road has bases across three sites in Bridgend, Cwmbran […]
UK commercial vehicle (CV) production grew 92.2% in the second month of 2022, with 8,278 vans, trucks, taxis, buses and coaches rolling out of British factories, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). This is compared, however, with the worst February on record last year, when supply chain shortages, new […]
UK car production fell -41.3% in February, with 61,657 units made, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). 43,351 fewer cars were made than in the same month in 2021, primarily due to the persistent global shortage of semiconductors causing some factories to pause production, and […]
Premier automotive finance provider, JBR Capital, is proud to announce a new sustainability initiative that will greatly reduce the environmental impact of its clients’ cars. Leading the automotive finance sector via the establishment of a new carbon-offsetting programme, JBR Capital will offset 5,000 miles of carbon emissions for each car financed by its clients, effective […]
SMMT Electrified is back next Wednesday in our first fully in-person conference since the pandemic began some two years ago – a remarkable thought. Taking place at the QE2 Conference Centre in Westminster, the event comes at a critical juncture, with the shift to electrification in the automotive sector developing rapidly. As an industry, we are […]
An innovative Lancashire car body refurbishment company has doubled in size over the past two and a half years and is targeting further national expansion with the support of a business loan from Rosebud. DA Techs specialises in diamond cut alloy wheel refurbishment as well as body and tyre repair and had grown steadily since […]
UK light commercial vehicle (LCV) registrations declined -6.0% to 16,165 units in February compared with the same month last year, when pent-up demand saw the market grow 22.0%, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT). The second month of the year is also historically volatile due to […]
On 28 February 2022, at Mobile World Congress 2022 (MWC 2022), VinFast announced the signing of a Memorandum of Understanding with LeasePlan, one of the world’s leading car-as-a-service companies. Through this anticipated collaboration, VinFast will continue to establish its positioning in Europe ahead of launches in the Dutch, German and French markets. According to the […]
Increases in inflation, interest rates and higher cost of raw material and staffing have knocked the early optimism for a swift bounce back in the automotive industry and fleets and auto retailers need to prepare for tougher times warns Birmingham-based national vehicle movement and inspection firm DMN Logistics. The year started with confidence of a […]
