Stellantis has reported a 17% rise in revenues and 34% profit growth in first-half results which re-state its ambitions to become a “sustainable mobility tech company”.

Volkswagen Group expects its vehicle supply issues to improve in the second half of 2022, with a more “normalised” model mix expected to reach its car retailers.

Sytner and CarShop owner Penske Automotive has reported a record quarter performance after delivering and 8% increase in pre-tax profits to $500 million (£412m).

Inchcape is “confident” of achieving its mid-term growth plans after delivering 53% growth in its adjusted pre-tax profits in the first half of 2022.

Paragon Bank has appointed Yolande Eastwood as commercial vehicle dealer finance manager, responsible for managing the South of England and Wales regions.

Recent increases in fuel prices have caused 37.94% of drivers previously not in the market for an electric car to consider one as their next vehicle.

The Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has said there is “optimism” about the UK’s car manufacturing sector after output grew 5.6% year-on-year in June.

Group 1 Automotive has highlighted the strength of its new car order books in the UK after reporting a record Q2 performance.

Automotive charity Ben is supporting workers in the automotive industry who are struggling with the cost of living crisis.

Demand for electric vehicles (EVs) has increased by 72% in Q2, according to leasing.com.

Motorpoint has added plans for a Coventry used car supermarket sites to its expansion plans for Edinburgh and Milton Keynes after growing its Q1 revenues by over 30%.

Honda UK’s franchised car dealers topped the Auto Express Driver Power Survey’s rankings for customer satisfaction survey.

A Trade Centre Group radio advert which claimed that the retailer was offering “hundreds of cars” for sale with finance repayments of £20-per-week has been banned by the Advertising Standards Agency (ASA).

The Financial Conduct Authority has shifted its expectations of finance firms and dealers from the old "treating customers fairly" principle to now an adage of "put their customers' needs first".

Car subscription service Onto has raised £49.8m to fund its expansion into Europe next year.

Chapelhouse Motor Group staff have proved that they are signing to the song sheet of Suzuki’s new #GoodDifferent marketing campaign with a showroom-stopping barber shop quartet performance.

Tribute has been paid to former Dutton Forshaw managing director and Inchcape chief executive Maurice Rourke.

A 20% rise in revenues at multi-site used car dealer V12 Sports And Classics in 2021 was outpaced by a rocketing 63% increase in operating profits, accounts filed at Companies House this month show.

Auto Trader has claimed that car retailers pricing their used car stock using “opinion” instead of live market data are losing almost £11,000 a month.

Supercar specialist Bugatti has followed Aston Martin with a redesign of its logo and brand identity as part of a bid to become a “wider-reaching luxury brand”.

Data from Epyx shows that a lower proportion of electric vehicles (EVs) return to the franchised dealer network than equivalent petrol and diesel models.

Bumper has continued to accelerate its interest-free aftersales finance offering with the launch of a customer facing car servicing portal for motorists.

Volkswagen Group has highlighted a desire to “enhance its customer focus” under a new chairman after Oliver Blume took the reins from Herbert Deiss.

Car retailers will have to cope with reduced margins and increased competition as changing market conditions spell the end of “super profits”.

Two new vice president positions have been created at iVendi, to support its growth ambition to double revenue within three years.

Cox Automotive predicts that the UK’s new car market will end 2022 on 1.62 million registrations after downgrading its forecasts to acknowledge the “reality” of the sector’s global supply crisis.

Motorvogue has opened the doors to a second multi-brand car dealership in less than a month as it continues to accelerate its investment in the brands of franchise partner Stellantis.

The importance of good customer service is growing following a reliance on online car buying enquiries during the COVID-19 pandemic, according to JudgeService.

Cazoo’s acquisition of used car valuations data provider Cazana left a “gap in the market”, according to its former vice president of insight and analytics Rupert Pontin.

Ford is targeting a two-fold increase in electric vehicle (EV) production as the Volkswagen Group’s Porsche premium performance brand has told potential investors it will ramp-up its profits from zero-emissions models.