Author: Tom Seymour

Chancellor Rachel Reeves may introduce laws to limit payouts if the Supreme Court rules against lenders within the UK’s £44 billion automobile finance comissions case. The Supreme Court is because of give its judgement on automobile loans commission cases tomorrow afternoon at 4.35pm. The saga threatens to re-write the historic relationships and responsibilities between motor finance houses, brokers and dealerships, and the automobile buyer signing up for finance. As reported by The Guardian, the Chancellor may override the court’s judgment if it upholds a previous ruling that found finance corporations and dealers did not disclose commission arrangements to consumers, leaving them potentially answerable for…

MG Motor UK stepped in with its own £1,500 discount after electric automobile orders under £37,000 stalled following confusion over the brand new Electric Automotive Grant. Business director Guy Pigounakis said MG dealers saw EV order activity “quite literally stop” inside 24 hours of the Government’s Electric Automotive Grant announcement. Customers weren’t only hesitating but additionally cancelling existing orders, telling retailers they’d return once the grant’s details were clear. Pigounakis said: “We decided that we won’t have that situation proceed. “We had to take some motion.” MG introduced a £1,500 incentive for all MG4 and MG5 private retail customers earlier this week, filling…

GWM UK has launched its own electric vehicle (EV) discount of £3,750 to get ahead of its models potentially not with the ability to access the Government’s Electric Automobile Grant. The initiative follows the recent announcement that the UK Government’s grant will give attention to a selected set of vehicles, leaving some customers confused and waiting to see if models like Ora 03 will qualify. Quite than waiting for approval, GWM UK said it’s taking the uncertainty away and is offering the £3,750 saving to customers immediately, matching the Government grant. The discount is out there across the Ora 03 range, including Pure, Pro…

Used hybrid prices rose by £321 in the primary half of 2025 to a median of £21,707, despite increased supply, making them the strongest-performing fuel type on Autorola’s MarketPlace platform. In contrast, prices for petrol, diesel and EVs softened. Hybrids accounted for 17% of MarketPlace sales between January and June, overtaking diesel (16%) and EVs (4.5%) but still trailing petrol, which dominated with 62.5%. George Fitzpatrick, sales director at Autorola UK, said: “While everyone has been locked into analysing EV data, hybrids have quietly been growing in popularity with prices remaining consistent even when supplies have risen. “Dealers we seek…

Former Inchcape UK chief executive George Ashford has joined the Institute of the Motor Industry (IMI) as a non-executive director because the organisation rounds out its “dream team”. Six recent non-executive directors (NEDs) have joined the IMI’s board, including Adrian Dally, director of motor finance and strategy on the Finance & Leasing Association. The brand new NEDs are confirmed as: Andy Hamilton, president and executive managing director of LKQ Europe Jeremy Hicks, market performance director at Jaguar Land Rover and non-executive director at motor industry charity, Ben George Ashford, former CEO of Inchcape UK Adrian Dally, director of motor finance…

Enterprise Rent-A-Automotive has announced the winners of its 2025 Repair Partner Awards at a national event held at St George’s Park, Burton-on-Trent. Greater than 400 repairers and industry partners from across the UK attended the conference and awards dinner, which celebrates excellence in customer support. Dealer groups like Hedin Automotive’s Stephen James and Vertu Motors’ Huddersfield location were highlighted amongst this 12 months’s winners. Winners included repairers supporting Enterprise’s rental fleet in addition to those working directly with customers during vehicle repairs. Andrew Mackenzie, UK & Ireland network manager at Enterprise, hosted the awards and praised the recipients for his or…

Cox Automotive is predicting a used automobile market of seven.64 million units within the UK this 12 months in consequence of continued stability and the information feeding in from latest automobile market forecasting. While this represents a flat year-on-year performance, it stays 3.6% above the long-term average from 2001 to 2019, reinforcing the used market’s role as a stabilising force amid wider industry volatility. Despite ongoing supply challenges, particularly for vehicles aged three to 5 years, the market is showing signs of resilience. Supply constraints expected to ease in H2 Supply constraints, largely a legacy of pandemic-era production slowdowns, are…

National Franchised Dealers Association (NFDA) has said industry and Government collaboration around electric vehicle infrastructure might be key following the choice to scrap the £950 million Rapid Charging Fund. The Labour government inherited the Convservatives’ £950m RCF plan, but has said it can get replaced with a retargeted £400m investment because of “lack of interest” from motorway service operators. The fund, originally announced in 2021, aimed to put in over 6,000 rapid and ultra-rapid charge points on England’s motorways by 2035 but was deemed commercially unviable by operators. NFDA believes that the supply of reliable and accessible charging infrastructure is…

Swansway Motor Group has expanded with BYD so as to add a 3rd location and can be growing its Motor Match used automotive brand with a brand new location in Fenton. The brand new BYD Stoke dealership has officially opens its doors today (May 19) and is positioned on Victoria Road, Fenton. The location had previously been vacant for over 12 months. 5 Alongside the brand new BYD showroom, Swansway can be launching its latest used automotive operation, Motor Match Stoke, at the identical location – expanding its independent used automotive retail brand’s footprint to 6 sites. David Smyth, director…

Volkswagen Financial Services (VWFS) has confirmed it’s winding down its Heycar marketplace division. VWFS, which is Heycar’s majority shareholder, said that the technology and expertise developed by Heycar will likely be rolled right into a recent subsidiary in a “strategic move that underscores VWFS UK’s commitment to innovation and enhancing our technological capabilities”. A spokesperson for VWFS said: “Heycar has been a pioneer in the net used automotive marketplace and, despite the choice to wind down their operations, the worthwhile insights and digital solutions developed to this point will play a vital role in the longer term of VWFS UK, as…