All articles by Christopher Marchant
Christopher Marchant
FCA report on motor finance: ‘serious concerns’ over commissions
The Financial Conduct Authority (FCA) has singled out commission models as a concern that could lead to market intervention.
Tesla to close retail outlets in cost saving measure
American electric car manufacturer Tesla is to shutter retail stores in an attempt to sell its new Model 3 at the promised $35,000 (£26,450) price.
Published no-deal Brexit assessment shows gov’t expected 10% car price rise
A report released by the UK government shows it expected a 10% rise in the prices of cars for consumers in the event of a no-deal Brexit.
BMW Group and Daimler invest €1bn in mobility services partnership
Traditional competitors BMW and Daimler are to pool their resources into a €1bn fund intended on the provision of urban mobility for consumers.
Increases in used vehicle values for EVs continues to grow
Demand for used electric cars and vans (EVs) at auction has increased significantly, according to Shoreham Vehicle Auctions (SVA).
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Manheim signs four year deal with Hendy Group
Vehicle remarketer Manheim has renewed its partnership with the Hendy Group.
UK motorists paying increased amounts for PCP deals
Car finance costs have increased by as much as 49% since Britain voted to leave the European Union, research from Parkers Car Finance has found.
Europcar: Only half of UK drivers understood their last car finance deal
Only 53% admitted to fully understanding the terms and conditions of the deal they signed.
Cox Automotive: Used car transactions to exceed 2m in Q1 2019
The used car market will reach 2.02 million transactions by the end of March, according to research from Cox Automotive.
‘Cascade’ models increasingly popular in online remarketing sector
‘Cascade models’, where vehicle disposals are staggered through different channels, are becoming more popular.