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      G7 agrees to release diesel reserves after crisis meeting

      BP Londis fuel price sign with diesel at 202.9 and unleaded at 177.9, showing high diesel prices.

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      What’s on in October

      Central London Alliance conference speakers on stage, Tower of London, padel courts, dessert, darts, spa, audience.

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car

  • Chinese car sales top 300,000 in Britain this year as European rivals lose ground

    Motoring

    More than 300,000 Chinese cars have been sold in the UK so far this year, setting a fresh record as European rivals lose ground. Chinese carmakers made up five of the top 25-performing brands in the first nine months of the year, data from The Society of Motor Manufacturers and Traders (SMMT) has revealed, accounting [...]

    Rows of new and used cars parked at a dealership lot, ready for sale.
  • Motonovo hikes motor finance provision as buyers circle Aldermore

    Banking

    Car finance firm Motonovo has ramped up its provisions for the motor finance scandal as top banks and private equity firms explore a takeover of its parent company Aldermore. The Cardiff-headquartered company recognised a £153.2m charge in its latest accounts for historical motor finance commissions. This was more than double the £60.6m recorded last year.  [...]

    Modern Aldermore office reception desk with company logo, glass partitions, and contemporary furniture
  • VW-backed car hire giant plunges to £43m loss as tax hikes bite

    Business

    One of the UK’s biggest car hire businesses has taken aim at government tax hikes after it plunged to a £43.2m loss. Europcar UK, which is backed by German carmaker VW, recorded a profit of £7m in 2024 but its fortunes went into reverse gear a year later amid rising costs and weak demand. Europcar [...]

    White Europcar moving truck with green side panel and moving your way slogan parked on a street.
  • Class action vehicle lawsuit settles at £55m less than original value

    September 24, 2026

    A class action lawsuit representing millions of UK motorists and businesses affected by inflated shipping fees has settled for £57m less than its original £150m target. The claim, brought by class action representative and former Which? campaigns specialist Mark McLaren, alleged that from October 2006 to September 2015, leading European shipping companies had breached competition [...]

  • What is Polestar’s Formula 2030, and why does it matter?

    September 18, 2026

    Polestar will reveal its Formula 2030 concept in October, previewing the next Polestar 2 and Polestar 7 as the Swedish-Chinese EV maker looks to grow sales and move towards profitability. This is the first clean-sheet design produced under design chief Philipp Römers, who joined Polestar in January 2025, and it will preview two of the [...]

  • Addison Lee founder defeated in £20m non-dom tax dispute

    September 18, 2026

    The founder of premium minicab firm Addison Lee has failed to overturn a £20.5m tax bill from HMRC after arguing that he should be treated as a non-dom in spite of having lived in England for most of his life. Sir John Griffin, aged 84, who was born in England in 1942 to Irish parents [...]

  • Santander and BMW in High Court spat over motor finance dispute

    September 16, 2026

    Santander and Volvo are taking BMW to the High Court over a dispute related to motor finance deals, City AM can reveal. The Spanish banking giant, along with Volvo Financial Services, is claiming the carmaker caused damages after auto dealers unlawfully re-sold the same luxury vehicles to BMW, leaving both firms claiming ownership over the [...]

  • Is the Alpine A390 the most interesting electric SUV?

    September 14, 2026

    Alpine has taken a very different approach to the electric SUV with the A390, but does its mix of performance, range and style make it a better choice than more established rivals? Why the Alpine A390 is different Alpine has taken a slightly unusual route into the electric SUV market with the A390, a car [...]

  • Battle of Prestige: BMW X3 vs Mercedes GLC

    September 9, 2026

    BMW’s X3 and Mercedes-Benz GLC go head-to-head in the executive SUV stakes – but which German marque makes the stronger statement? Image and functionality go hand in hand when it comes to premium SUVs. Whether you’re heading to a high-stakes meeting in Canary Wharf or travelling out of the capital for business, your choice of [...]

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  • G7 agrees to release diesel reserves after crisis meeting

  • Chinese car sales top 300,000 in Britain this year as European rivals lose ground

  • What’s on in October

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