The automotive sector underpaid £444.2 million in tax in 2021-22, HMRC has reported. As a result, dealerships across the UK could be targeted and subsequently investigated for suspected tax evasion. Nick Lanigan, tax assistant manager for Armstrong Watson, said: “It’s important motor dealers are aware of the risks and take steps to mitigate them. The automotive sector is receiving a ...

Bentley Motors invested in a new digital experience at its Crewe headquarters. From 1 September 2023, this new adaption of the manufacturing base will allow customers to create their own “Bentley design legacy”. This development is a further extension of its £2.5bln investment in future product development and the Bentley “dream factory” headquarters ,which employs over 4,000 people. Bentley customers ...

Bristol Street Motors is continuing its backing for the Newcastle Theatre Royal . The partnership has been extended for a further year. Over the last 12 months, a range of hybrid and electric vehicles have been parked on the terrace outside the theatre’s portico, to highlight upcoming performances. The current Ford Kuga ST Line X Plug-In Hybrid on show, promoting ...

Former Listers Group property director David Johnson has joined Rapleys as Associate Partner in Automotive & Roadside Rapleys announced the appointment on LinkedIn. It said: “We are delighted to announce the recruitment of David Johnson as Associate Partner in Automotive & Roadside. David joins following over 18 years as Property Director at Listers Group – one of the largest family-owned ...

Motorway has launched a new advertising campaign featuring Alesha Dixon. The campaign launches with a new TV ad, featuring dealers around the country competing with their best price for a character called Helen’s car. The TV spot opens on Helen completing her car’s profile and entering the car in Motorway’s daily online sale – all done from her smartphone, from ...

Macklin Motors has increased its support of Ronan Pearson in the Jack Sears Trophy. The 21-year-old enjoyed the best weekend of his rookie campaign in the Kwik Fit British Touring Car Championship at his local circuit, powering his BRISTOL STREET MOTORS with EXCELR8-run Hyundai i30 Fastback N to a hat-trick of top-seven finishes. “It’s been great to have the support of ...

PistonHeads has launched a new online auction platform. PistonHeads Auctions will provide a service to buy or sell performance, classic, and collectible vehicles. An automated bidding system allows buyers to enter their maximum price and have the platform bid on their behalf around the clock, while a ‘no sniping’ setup automatically extends the auction by two minutes if a bid ...

Used car values have eased from a like-for-like increase of 2.8% year-on-year (YoY) in July, to 1.5% in August. According to the latest data from Auto Trader’s Retail Price Index, prices have also softened on a month-on-month (MoM) basis, by just -0.1%. However, Auto Trader said that these headline figures mask an “exceptionally nuanced market”, with a significant disparity between ...

Richard Jones, managing director at MotoNovo Finance, has highlighted the need for “concerted action” to encourage greater adoption of used BEVs. He said: “While I am pleased to see growth in used BEV sales, this must be set against the latest new car registration data, where BEVs achieved just a 10.9% market share. Used BEV supply is set to increase ...

Implementing “scale” in crucial aspects of business is the key to “automotive survival”, according to Owen Edwards, Head of Downstream Automotive at Grant Thornton. Writing in Cox Automotive’s latest quarterly insight, AutoFocus, he said that OEMs must seriously invest in areas including supply chain, vehicle distribution and technological evolution to achieve sought-after economies of scale. He added that as the ...