News

The Institute of the Motor Industry (IMI) has appointed Sally-Anne Hodder as head of equity, diversity, inclusion & belonging. She was head of HR & business support at the IMI in her previous role. EDI was a significant focus for Sally, including being a key stakeholder in the implementation, launch and ongoing development of the IMI’s Diversity Task Force. “In ...

Award-winning dealer John O’ Hanlon will give a key note presentation at the Motor Tradre Retailing EXPO 2023, which takes place in Silverstone on 17 October. Billed as the ultimate event for the car industry, the event is targeted at dealers with exclusive access to keynote speakers from big name companies, including Microsoft and Savills, Pendragon, Auto Trader and many ...

Mike Hawes, CEO of the Society of Motor Manufacturers & Traders said the government must provide greater clarity on the time table for the phase-out of diesel and petrol cars by 2030-2035. Hawes told the House of Lords inquiry into EVs yesterday in the opening session: “The first thing the government can do is provide the clarity. We desperately need ...

A Snows Motor Group Volvo dealership has celebrated its fortieth anniversary with a celebratory event attended by Volvo Car UK managing director Kristian Elvefors. Snows Volvo Winchester, in London Road, Kings Worthy, welcomed Elvefors, to the ceremony at the showroom, which was also attended by Snows CEO Stephen Snow and a number of other senior managers from both companies. Elvefors ...

Manheim Auction Services is adding to its hybrid LCV sales programme with a new physical and online sale at its Shotts auction in Scotland. The new sale launches at 2pm on 14 September and will take place every other Thursday. It aims to bring 350 additional commercial vehicles per month to the market. Supporting vendors include Novuna, Rivus, Holman, Zenith, ...

Auto Trader has revealed the used cars that have depreciated the most over the past year with many EVs badly hit. The average price of a used car generally was £17,732 in August, marking a 1.1% increase year-on-year (YoY). But the average price of a used EV was £31,618, down -22.6% YoY in August due to supply continuing to outpace ...

The £504m takeover of Lookers by Global Auto Holdings got the go ahead yesterday at a shareholders meeting. Global is paying 130p per share for the company after it revised the offer upwards from 120p, which had been rejected. In June Canadian dealer group Global Auto Group, a sister company of Group Auto Holdings, tabled a 120p per share offer ...

Lloyd Motor Group has acquired the dealership premises formerly operated by Cazoo on Scotswood Road, Newcastle. The premises will reopen as a used car retailer and a vehicle preparation centre later this year. The site will join Lloyd Motor Group’s established Newcastle sites – Lloyd BMW, Lloyd MINI and Lloyd Newcastle Bodyshop and will be the Group’s 34th retail and ...

Close Brothers Motor Finance (CBMF) has extended its remarketing partnership with Motor Auctions Group (MAG) for a further two years. It will sell several thousand of end of contract, voluntary terminations, repossessions, and non-runners through MAG’s Wednesday physical sale and two online weekly timed sales over the next 12 months. This includes cars, LCVs and motorbikes. It also holds closed ...

The House of Lords Environment and Climate Change Committee opens its inquiry into Electric Vehicles (EVs) today 10 am by hearing from industry experts. The first evidence session can be followed live or afterwards on Parliament TV. Giving evidence at 10am will be: Marc Palmer, Brand Director, Autotrader, Phill Jones, Chief Operating Officer, Motors.co.uk, Toby Poston, Director of Corporate Affairs, ...