Business

Analyst predicts two million new car sales in UK in 2025

Cox Automotive expects a 3.6% rise over 2024 in a challenging year for the UK market

20 November 2024
Analyst predicts two million new car sales in UK in 2025
Business

Dealers' margins squeezed by EV shift, greater consumer protection

The lower-margin business of new car sales has traditionally been supplemented by aftersales, finance and insurance

19 November 2024
Dealers' margins squeezed by EV shift, greater consumer protection
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Finance has been a big profit generator for car dealers | Image: Getty Images
Business

Dealer finance under fire amid crackdown on 'secret' revenue

Consumers warned that dealers will be looking to make up for lost earnings from hidden commissions

12 November 2024
Dealer finance under fire amid crackdown on 'secret' revenue
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Hethel-based Lotus Cars is responsible for the Emira sports car
Business

Lotus to cut up to 200 jobs in the UK

Hethel firm alludes to impact of weakening demand for EVs as factor in cost-cutting measure

8 November 2024
Lotus to cut up to 200 jobs in the UK
Business

Nissan to cut 9000 jobs and slash production as profits drop 304%

Japanese manufacturer sets out drastic cost-cutting plan as it reports a difficult first half of 2024

7 November 2024
Nissan to cut 9000 jobs and slash production as profits drop 304%
motorpoint used cars jh 8
Ford Fiesta was the most popular used car, followed by the Vauxhall Corsa and VW Golf
Business

Superminis and electric cars surge in the used market

Small hatchbacks represent almost one in three used sales over the past three months

7 November 2024
Superminis and electric cars surge in the used market
Donald Trump
President elect Donald Trump makes a speech during election night (Photo: Anadolu/Getty Images)
Business

European car makers brace for president Trump’s tariff threats

President elect Trump railed against Europe and particularly its car exports during his election campaign

6 November 2024
European car makers brace for president Trump’s tariff threats
Business

Audi profits, deliveries down in tough first nine months of 2024

But bosses say they are "positioning Audi in such a way that we can once again achieve the extraordinary”

6 November 2024
Audi profits, deliveries down in tough first nine months of 2024
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Cole departs with Hyundai in a strong position across Europe
Business

Hyundai Europe boss steps down after four years in top job

Michael Cole will retire after 15 years with the Hyundai Motor Group and 40 years in automotive

5 November 2024
Hyundai Europe boss steps down after four years in top job
Business

New Aston Martin boss outlines plans for profitability

Hopes pinned on new sales targets and greater range of options to boost selling prices

5 November 2024
New Aston Martin boss outlines plans for profitability

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