All articles by Shivam Mishra

Shivam Mishra

Close Brothers Motor Finance joins Zuto’s marketplace

This tie-up aims to enhance digital customer journey and access to Close Brothers Motor Finance’s products via Zuto’s platform. 

New car registrations rise 10.4% in Q1, but ZEV mandate could hit supplies

Cox Automotive has revised its 2024 forecast for new car registrations, now predicting figures could surpass two million.  

UK motor insurance premiums rise marginally in Q1 2024 

Despite the modest uptick in premiums, insurers are facing escalating costs, with the average claim paid surging by 8%.

Chery partners with UK dealer Brindley to offer electric vehicles 

This collaboration is set to introduce a variety of electric vehicles and petrol models to the UK market.  

UK car production declines 27% in March 2024: SMMT

This downturn aligns with the anticipated fluctuations for the year as manufacturers retool their production lines for next-generation vehicles. 

Leasys launches short-term rental offering in UK 

The service will allow customers to rent a car or commercial vehicle for a period of one to 28 days for either personal or professional use. 

China’s Chery forms electric vehicle JV with B-ON to penetrate Europe  

The Chinese company will also provide the necessary working capital to support the JV’s operations.

ComfortDelGro secures $73.47m loan from DBS to decarbonise UK fleet  

The funds have been utilised to purchase 135 electric buses for London bus operator Metroline.

Hedin Automotive to acquire Dutch dealer Dubbelsteyn

The acquisition includes all dealership activities such as sales, after-sales services, and spare parts sales. 

New car sales in EU fell by 5.2% in March 2024  

According to the ACEA, the timing of the Easter holidays was as a contributing factor to the downturn.