Direct Line Faces Customer Exodus Amid Premium Hikes and Profitability Push Direct Line witnessed a significant loss of 383,000 motor insurance customers last year due to necessary premium increases aimed …
Direct Line loses 383K Customers amid premium hikes Read More »
Close Brothers has confirmed it provisioned £400 million ahead of the Financial Conduct Authority’s (FCA) review of the motor finance sector. This decision was disclosed alongside the firm’s half-year results …
Close Brothers allocates £400 million for FCA motor finance review Read More »
Slough-based business Onyx Performance recently faced legal action for failing to demonstrate that a modified vehicle would not be operated on public roads. The case, heard at Reading Magistrates’ Court, …
IM Motors, the Chinese luxury car manufacturer, is gearing up for its European debut in 2025, positioning itself as a sibling brand to MG. Founded in 2020 by SAIC, the …
JudgeService’s recent study reveals that the majority of car buyers express contentment with their finance deals obtained through dealerships, despite ongoing scrutiny from the Financial Conduct Authority (FCA). The FCA …
Cazoo, the prominent UK online used car platform, is making a strategic shift to a pure-play automotive marketplace business model. Leveraging its robust e-commerce technology platform and a substantial £100 …
Carwow, a leading online car-shopping platform in the UK, has recently acquired Autovia, a prominent media company known for titles like AutoExpress and Evo. While the financial details of the …
Thousands of luxury cars from renowned brands such as Porsche, Bentley, and Audi are currently held by U.S. authorities due to concerns over a part sourced from China allegedly violating …
Audi, Bentley & Porsche Imports Stalled at US Border Read More »
Close Brothers, a financial group, announced that it won’t pay dividends this year, saving around £100m. This decision aims to strengthen the company’s finances. FCA Investigation:The Financial Conduct Authority (FCA) …
Volvo Cars and Geely have recently made a significant decision regarding the future of the Polestar brand. Together, they’ve announced the cessation of funding for Polestar, with Geely assuming complete …
Volvo’s Strategic Shift: The End of an Era for Polestar’s Electric Car Brand Read More »