The motor finance sector is expected to record a 6% rise in value despite supply shortages which “continued to weigh on its recovery” during Q4, the Finance and Leasing Association (FLA) has said.

Lookers will grant its top leadership trio £1.5 million in share options for the car retail group’s 2023 performance if the car retail PLC meets a series of three-year performance targets.

The average electric car remains cheaper to run than an equivalent petrol car unless fuel prices fall below £1 per litre, according to research by MyEnergi. 

Group Lotus has appointed Mike Johnstone as vice president, commercial, to lead the company’s global commercial operations.

Automotive charity, Ben, has launched a new text service to ensure people in a crisis can access free and confidential help.

New RJK Automotive Group managing director Darren Bradford has vowed to remain a “hands on” leader after being promoted from the role of Drayton Motors MD.

An end to sales of BMW vehicles to police forces across the UK has prompted a consultation over jobs at the brand’s BMW Park Lane dealership.

A Sheriff has ordered MotoNovo Finance to refund over £4,500 to the buyer of a nine-year-old DS 5 hatchback in what has been described as a “landmark” case for RejectMyCar.

Harwoods Group has appointed former Volvo Car UK managing director Jon Wakefield as chief executive as it prepares for a 2023 transformation that will “revolutionise the automotive industry”.

Much has been made of Prime Minister Rishi Sunak’s recent pledge to boost the economy, with commentators analysing how his priorities for 2023 will impact various sectors.

Stellantis’ Citroen UK business has appointed Clare White as its new marketing director in a leadership team led by new managing director Greg Taylor.

Carmakers' scepticism about the mass adoption of electric vehicles (EV) will grow this year, clashing with lofty political ideals of zero-emission motoring, says carwow consumer editor Hugo Griffiths.

Jim Claridge has been appointed head of account management for the UK and Europe at Epyx.

Gravells’ dealership in Bridgend has retained Kia UK’s dealer of the year award at an event which also celebrated the Korean carmaker’s landmark 100,000 registrations performance.

Honda UK retailers have been urged not to take "early orders" for its new Civic Type-R hot hatch as limited supplies risk disappointment among potential customers.

The Advertising Standards Authority (ASA) has upheld a complaint that an ad by RM Sotheby’s encouraged dangerous driving.

Lookers has raised its 2022 full-year profit expectations to over £80 million and revealed plans to add further to recent new car franchise additions Lotus Cars and Ora.

Richard Blumberger has left Marshall Motor Group seven months after the AM100 motor retailer's acquisition by Constellation Automotive Group and the exit of its chief executive Daksh Gupta.

Real estate services group Savills has ramped up its interest in motor retail property with its acquisition of Automotive Property Consultancy (APC) from its founder Bill Bexson.

After more than six years at iVendi Phil Harding has left to join Automotive Compliance as its national sales director, in a newly created role.

Professor Jim Saker ponders the risk to UK car supplies from "the weaponisation of resources" in his latest monthly article for AM.

Planning officials have approved Pendragon’s plans to develop a new Ford car dealership in Motherwell.

Lloyd Motor Group is expanding its York operation with 25 new jobs, to strengthen its long-term growth strategy.

Car dealers, manufacturers and suppliers are now able to enter the 2023 AM Awards ahead of the February 24 deadline. The AM Awards Dinner is on May 11 in London.

Car dealer group operation Inchcape Retail rebounded from £76.4 million pre-tax loss to deliver profitability in 2021 financial results.

Car retailers are expected to shrug off the key performance indicators (KPIs) of the past as they prepare for a 2023 economy which will see recessionary consumer spending habits layered on top of ongoing vehicle supply issues.

Car retailers are braced for a potential halving of Government support on their energy bills from the end of March.

Improved dealership experiences, more electric vehicle (EV) range and reduced prices and waiting times on new cars are features car buyers would like to see in 2023.

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Constellation Automotive’s cinch online used car retail operation has posted a £149 million pre-tax loss in annual financial results for 2021/22.