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.
Used Car Awards 2024: Everything you need to know about …
Nov 25, 2024 · The main event of the UK used car calendar takes place on tonight! Car Dealer’s Used Car Awards will be held at The Brewery in London; We’ve pulled together this handy guide for attendees
Outspoken Stellantis boss Maria Grazia Davino leaves company …
Oct 18, 2024 · Maria Grazia Davino has left Stellantis and been replaced by Eurig Druce with immediate effect. The outspoken Italian has only been in the role for just over a year and will leave to pursue ‘other interests’, its car dealer network was told this morning.
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.
Cyber attack dents Arnold Clark’s profits but group will face ‘no ...
Nov 19, 2024 · Arnold Clark accounts show pre-tax profit fell 33% to £116m in 2023 Group says the cyber attack that crippled systems at start of the year resulted in fewer cars sold No further action will be taken by the ICO following cyber attack …
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.
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.
Car Dealer Magazine – The latest in UK motor trade news, …
AI Car Dealer 2 mins ago. Used car buying battle: Watch as we compete against four dealers to buy the best cars in auction. Would you let a bunch of other car dealers spend your own money to buy stock for your showroom?
Big Motoring World posts slashed profits in last full year under the ...
Oct 9, 2024 · The accounts, under the name of Bapchild Motoring World (Kent) Ltd, have not been published on the Companies House website at the time of writing but have been seen in full by Car Dealer.. They show that Big Motoring World followed a wider trend across the motor trade in 2023, with turnover improving, despite tumbling profits.
Car Dealer Power 2024: Who won what at this year’s awards?
Jul 3, 2024 · James – or Batch as he’s known – started at Car Dealer in 2010, first as the work experience boy, eventually becoming editor in 2013. He worked for Auto Express as editor-at-large from 2014 and was the face of Carbuyer’s YouTube reviews.