Cazoo racked up debts of over £260m as it collapsed into administration Business Cazoo racked up debts of more than £260m as it collapsed into administration earlier this year, it has been revealed.
Motorpoint has the ‘most difficult year in its history’ amid shortage of used cars RETAIL One of the largest used car supermarkets in the UK, Motorpoint, had "the most difficult year" in its history as people buy fewer cars for cheaper, compounded by an industry-wide shortage of pre-owned vehicles.
Auto Trader share price soars after profit and revenue jump Business Despite the strong performance, the company noted that there were significant differences in demand for new and used cars.
Ferrari profit rises but investors cool on mixed outlook May 7, 2024 Profit at Ferrari rose by nearly a fifth in the first quarter, driven by increasing demand for bespoke personalisations.
Stellantis: Vauxhall owner struggles after record 2023 April 30, 2024 Stellantis missed forecasts on Tuesday after first quarter revenue dropped 12 per cent to €41.7bn (£35.6bn).