Supplier insight - Page 7
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Record customer growth dampened by significant losses for Motability Operations
UK’s largest fleet owner Motability Operations saw a record-breaking 14.7% increase in customer numbers only to be offset by a pre-tax loss of £564.6 million in 2024, highlighting market volatility due to the transition to electric vehicles (EVs), a correction in used car values, and inflationary pressures.
Affordable EV support must strengthen transition, claims T&E lobby group
An influential environmental group is urging the government to strengthen its commitment to its zero emissions goals by focusing financial support on small and affordable EV models to ensure all segments of society get to benefit.
Ian Pugh appointed group MD of newly formed Advantage
Ian Pugh, managing director of Fix Auto UK, has been appointed group managing director of the newly established Advantage Group of Companies which now includes Fix Auto UK, Advantage Parts Solutions UK, and Fix Auto UK’s network of corporately owned repair centres.
Data will be key to avoiding disruption as EVs start to dominate, warns ADS
Retailers will increasingly face disruption stemming from mistrust in electric vehicle (EV) valuations, increasing vehicle recalls, and the emerging EV servicing gap, according to data experts ADS.
Motors teams with ClickMechanic to offer pre-purchase inspections for car buyers
Motors is partnering with online mechanic platform ClickMechanic to provide pre-purchase vehicle inspections, designed to boost buyer confidence and assist independent dealers with remote sales beyond their local territories.
Warranty Solutions partners with Bumper on interest-free payment
Warranty Solutions Group (WSG) is to partner with interest-free car payment solution provider Bumper to support motorists managing repair costs and extended warranties, while offering dealerships profitable upsell opportunities.
Keyloop appoints Megan Harvey as revenue chief to help drive growth
Automotive technology business Keyloop has appointed Megan Harvey as its new chief revenue officer charged with overseeing all revenue-related teams and processes as the company launches its automotive retail platform Fusion.
Leadership overhaul at BVRLA: Poston named CEO, Moorthy appointed chair
The British Vehicle Rental and Leasing Association (BVRLA) enters 2025 with a major leadership transition with Toby Poston as its new chief executive and Lakshmi Moorthy as chairperson of the committee of management.