Hyundai Tucson review: Hybrid stands out from the SUV crowd April 4, 2024 John Redfern drives the Hyundai Tucson Hybrid, an affordable SUV that majors on space and style – read the full review here
New tariffs for UK exports to Canada after failure to secure post-Brexit deal exemption March 28, 2024 New tariffs are set to hit British firms exporting to Canada from Easter Monday, after talks on extending the trade exemption failed.
New car market has strongest February in 20 years as firms invest in fresh wheels March 5, 2024 The UK's new car market has recorded its best February in two decades, according to the latest date from the SMMT.
Kemi Badenoch wants trade ‘barriers torn down’ at Abu Dhabi summit February 26, 2024 Kemi Badenoch is promoting tariff-free trade at a global summit in Abu Dhabi in a bid to see “more barriers torn down”.
Cazoo: The full story of how online car retailer went from $8bn valuation to staring into the abyss February 1, 2024 The online car retailer, Cazoo, just three years old at that point in August 2021, was now worth $8bn, having decided to snub London and float across the pond.
Car industry plan could create 80,000 jobs, Labour says October 10, 2023 Labour have unveiled their plans for the car industry which they say could create 80,000 jobs, Jonathan Reynolds has said.
Pendragon: Car dealership’s profits leap as it finds itself in three-way bidding war September 27, 2023 Car dealership Pendragon has posted higher half-year profits as the group finds itself at the centre of a three-way takeover tussle. Its half-year figures, which come just hours after it revealed a rival bid approach from US car retail giant Autonation, show pre-tax profits rising 10.6 per cent to £36.4 million in the six months [...]
Angry car makers: Delaying petrol and diesel ban will damage EV investment in UK September 20, 2023 Leading car manufacturers have urged the government to give clarity on its proposed row back on banning petrol and diesel cars, saying they’ve invested hundreds of millions to meet targets. Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders (SMMT), said the policy change will cause “concern” among car makers. It has [...]
Pendragon: Car dealership to sell UK motor business to US firm Lithia for £250m September 18, 2023 Car dealership group Pendragon has agreed to a proposed sale of its UK motor business to US dealer giant Lithia Motors for £250 million. The deal, if approved by shareholders, will be valued at about 27.4p per share, against the 18.6p Pendragon shares were trading at on Friday. Investors will receive a 16.5p cash dividend [...]
Car production surges by a third on EV demand as sixth month of growth signals recovery August 31, 2023 Car production in the UK surged in July, rising by nearly a third to mark its sixth consecutive month of growth and driven by a flood of electric vehicles (EV) entering the market. The latest figures from the Society of Motor Manufacturers and Traders (SMMT) showed 76,451 vehicles rolled off factory lines in the UK, [...]