Hedin Group approaches Pendragon with new £400m takeover bid September 26, 2022 Pendragon has confirmed it has received a new takeover approach from its largest shareholder, Hedin Group.
Union launches collective grievance against Bolt over holiday pay September 22, 2022 The union GMB has launched a collective grievance on behalf of Bolt drivers over holiday pay. The union said it was seeking to secure “future and past of drivers’ earnings” when it comes to holiday pay, as the UK Supreme Court established an industry standard last year. “It’s a simple fact that Bolt owes drivers [...]
Bizzarrini 5300 GT Corsa Revival review: driving a Le Mans legend September 20, 2022 Tim Pitt drives the Bizzarrini 5300 GT Corsa Revival, an authentic recreation of the car that raced at Le Mans in 1965.
IEA calls for global ban on petrol and diesel car sales by 2035 September 20, 2022 The International Energy Agency (IEA) has called for a global ban on the sale of petrol and diesel cars by 2035. In a report published today, the intergovernmental agency said that global progress on the transition to net-zero transport is falling short of Paris Agreement targets. The study revealed that electric vehicles need to increase [...]
Cazoo shuts EU operations down as it targets return to profitability September 8, 2022 Online car retailer Cazoo announced on Thursday it will shut down its EU operations as it targets a return to profitability by the end of next year. The company reported in August a £243m half-year loss, which prompted a review of its business. Cazoo said its EU operations would require additional external capital, which is [...]
Audi Q4 E-Tron Sportback review: Vorsprung durch electric September 6, 2022 Audi has played to its strengths with the Q4 E-Tron: an electric SUV with brilliant build quality and refined road manners. We drive it.
UK car production grows for third consecutive month but still below pre-Covid August 25, 2022 UK automotive production grew in July by 8.6 per cent, marking the third consecutive month of growth, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). Factories produced 4,605 additional vehicles – a signal that component shortages might begin to ease – while output for the UK market surged 40.7 [...]
Toyota ad banned for encouraging ‘unsafe and irresponsible driving’ August 24, 2022 Toyota’s ad for the GR Series car has been banned after a watchdog ruled the promotional campaign “condoned and encouraged unsafe and irresponsible driving.” It appeared on the Guardian and the i between April and May, and ad depicts three cars driving close to one another on a country road, with a text at the [...]
Car chain Lookers profits dip as soaring costs throttle jump in sales August 24, 2022 Car dealership chain Lookers has reported a dip in profits for the first half of the year as soaring costs and supply strains offset a jump in revenue to £2.23bn. In a trading update today, bosses said that pre-tax profits fell from £50.4m in the first six months of last year to £49.9m in 2022, [...]
Used car market shrinks due to knock-on impact on new vehicles August 10, 2022 The UK used car market has shrunk by almost 19 per cent in the second quarter of this year due to the knock-on impact of semiconductor shortages on new vehicles. According to data published today by the Society of Motor Manufacturers and Traders (SMMT), 1.7 million second-hand transactions have taken place – down by 407,820 [...]