Has the government quietly reinstated the 2030 petrol and diesel …
Oct 31, 2024 · The government might have officially confirmed that sales of new pure petrol and diesel cars will be banned from 2030 – but only quietly. Buried within the 170-page Budget published yesterday (Oct 31) under the section titled ‘Net Zero and Clean Energy’, there was the statement: ‘The transition to electric vehicles (EVs) is crucial to decarbonising transport and will support growth and ...
Peter Vardy to sell dealerships to Parks leaving Porsche Centres as ...
Dec 19, 2024 · Confirming the news, Peter Vardy, CEO of the Peter Vardy Group: ‘ We are delighted that over 300 of our colleagues will transition to a thriving and reputable organisation in Parks Motor Group, ensuring continuity in their career development and future opportunities within a leading company.’ ‘I would also like to express my sincere gratitude and respect for Mr Douglas Park, Ross Park ...
Need to know: What is Cinch? How does Cinch sell cars? Is Cinch ...
Jan 26, 2023 · In essence, Cinch is a used car dealer that sells cars to customers on the internet. It promises customers can buy online with ‘complete confidence’, backing this up with pledges that all cars come with at least a six-month MOT with no advisories, a 90-day free warranty and three days’ free driveaway insurance.
Jaguar dealers will have no new cars to sell in 2025 as carmaker ...
Aug 13, 2024 · It means the F-Pace will be the only model to lead Jaguar dealers into 2025. The F-Pace is currently Jaguar’s best-seller, with it notching up just under 5,300 units in the three months to the end of June this year – a third of Jaguar’s total sales.
Car Dealer Magazine – The latest in UK motor trade news, …
News 6 hours ago. Profits collapsed at Motability despite revenue and customer numbers soaring in 2024. The holding company of charity Motability turned a £748m profit before tax in 2023 into a whopping £565m LOSS last year.
Supercar dealer Tom Hartley Junior makes £20m profit selling just …
Feb 29, 2024 · Supercar and classic car dealer Tom Hartley Junior increased profit last year to a staggering £20.1m from the sale of just 77 cars. Despite the number of cars he sold in the 11-month period ending March 31, 2023, dropping from 102 to 77, Hartley Junior still saw profit before tax rise by £8.8m.
Marshall Motor Group sees profits plummet in latest set of accounts
Nov 6, 2024 · The group is now led by Martin Casha, who joined the firm from Pendragon, in October 2023.. Directors said, in the accounts just filed at Companies House, that the fall in profit reflects ‘higher vehicle stocking costs and inflationary impacts’.. New vehicle sales for the car dealership group grew 0.2% to 58,824 units, but used car sales fell by 2.8% down to 75,347.
Close Brothers stops underwriting new dealer finance after …
Oct 25, 2024 · Close Brothers has stopped underwriting new dealer finance, as its share price tumbles, following a landmark court ruling which could have major repercussions for the wider motor trade.. Earlier today (Oct 25), the Court of Appeal ruled in favour of three consumers who are fighting legal cases against Close Brothers and Firstrand Bank.
Cyber attack dents Arnold Clark’s profits but group will face ‘no ...
Nov 19, 2024 · CEO Eddie Hawthorne said: ‘The group has been, and continues to be, in continual communication with the police, security agencies and the regulatory authorities, as this is a crime which inflicts significant damage on businesses and …
MG named the most unreliable used car brand as top 10 worst ...
Sep 26, 2024 · MG has been named the most unreliable car manufacturer following a survey of nearly 30,000 owners. What Car? quizzed 29,967 owners of used cars up to five-years-old about how often their vehicles had suffered issues the past two years.