Millions of drivers who were mis-sold car finance agreements will not receive compensation until at least 2027, the Financial Conduct Authority has confirmed. The delay is a direct result of
Cars
71Articles
Senior executives from Stellantis and Renault have called for the United Kingdom to be included in the European Union’s proposed industrial protection measures, while simultaneously urging the British government to
California has signed into law a new regulatory framework designed to address growing concerns regarding the interaction between autonomous vehicles and emergency services. Senate Bill 1246, which was signed by
The share of gasoline-powered vehicles in global automotive sales has dropped below 50 per cent for the first time in recorded history. This historic shift was driven by record-high fuel
Relations between China and Turkey have deteriorated following the abrupt cancellation of a major electric vehicle investment deal worth one billion dollars. The project, which was intended to establish a
Domestic sales within China have suffered a significant downturn this year, even as the global appetite for vehicles manufactured in that nation continues to expand. This divergence highlights a complex
A quiet threshold has been crossed in Britain’s car market, one that tells its own story about price, policy and a shifting global balance of industrial power. In June, registrations
Millions of drivers who were mis-sold car finance products are set to receive approximately £830 each after the details of a new compensation scheme were announced. This initiative follows a
The British motor finance division of Ford has set aside over £155 million to address the repercussions of a recent car loans scandal. This significant increase in provisions, from £61
The Toyota factory in Burnaston, situated near Derby, has established itself as a significant manufacturing site, producing over five million cars over nearly 35 years. Recently, however, this facility has
Rolls Royce Motor Cars has officially abandoned its ambition to become an all-electric brand by the end of the decade. The luxury automotive manufacturer, which in 2022 had announced plans
Britain’s largest car park operator has entered administration, citing a significant downturn in commuting and inner city shopping that has persisted since the pandemic. The company, NCP, has announced that
Close Brothers Group plc is bracing for a potential £1.2 billion liability due to ongoing issues within its car finance division. The company has raised concerns about the implications of
New car registrations in February reached their highest level in over two decades, totalling more than 90,000 vehicles. This figure is the largest for the month of February since 2004.
Vauxhall Resumes Diesel Sales Amid £19bn Write Down from Shift to Electric Vehicles Vauxhall has announced the resumption of diesel car sales in the UK, a move that follows a
Shares of Mony Group, the parent company of MoneySuperMarket, saw a significant decline as concerns mount over competition from artificial intelligence-based rivals. Investors reacted sharply to the news that Insurify,