Antonelli can be the next Valentino Rossi for Italy, Mercedes boss says Sport Business Kimi Antonelli can emulate Valentino Rossi as an Italian global racing ambassador after becoming the youngest ever Formula 1 world champion, his boss has said. The 20-year-old, from the motorsport hotbed of Emilia-Romagna, finished third in Mexico City on Sunday but won his first Formula 1 title, becoming the youngest in history and the first [...]
Motor finance legal battle set for February 2027 Banking The City watchdog has confirmed that the legal battle over its motor finance redress scheme will take place early next year following widespread backlash against its multi-billion-pound programme. The Financial Conduct Authority (FCA) will face challenges from three lenders, Volkswagen Financial Services, Mercedes-Benz Financial Services, and Crédit Agricole Auto Finance, as well as the advocacy [...]
‘Serious concern’: City watchdog accused of withholding information in motor finance row Banking The City watchdog is coming under pressure to release its communications with the Treasury and modelling data for its controversial motor finance redress scheme, City AM can reveal. The Financial Conduct Authority (FCA) is facing legal challenges from the finance arms of Volkswagen and Mercedes Benz as well as French-owned CA Auto Finance over its [...]
Mercedes rides the AI Wayve with self-driving deal September 22, 2026 Mercedes-Benz will put British start-up Wayve’s self-driving technology into its cars within two years, handing the London AI firm its third major production deal in less than nine months. The German carmaker has signed a production agreement to integrate Wayve’s AI Driver into future models, allowing cars to handle point-to-point journeys through cities with advanced [...]
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 [...]
Five premium electric saloons, judged on more than price September 7, 2026 BMW, Mercedes-Benz, Audi and Porsche all want to sell you a luxury saloon that happens to be electric, but each one goes about it differently. Here’s what actually sets them apart, before we even get to the finance offers. A few years ago, choosing an electric executive car meant accepting you were buying something a [...]
FCA ‘worked backwards’ to justify motor finance redress, say lenders September 1, 2026 A trio of motor finance lenders have accused the City watchdog of “working backwards” to justify its redress scheme that is set to cost the industry billions. In new documents, Mercedes-Benz’s financial services arm, which has set aside as much as £400m in payouts for the car mis-selling scandal, said the Financial Conduct Authority’s (FCA) [...]
Is the Maybach GLS the most excessive SUV? July 30, 2026 The facelifted Mercedes-Maybach GLS arrives with updated styling, a mild-hybrid V8, an even more lavish cabin and a new Night Series edition aimed at the luxury SUV elite. The Mercedes-Maybach GLS, now badged GLS 680, has been updated with fresh styling, more technology and an even greater emphasis on personalisation. If the standard Mercedes GLS [...]
FCA boss takes aim at motor finance lenders and claims firms July 15, 2026 The boss of the City watchdog has taken a fresh swipe at the parties opposing the regulator’s motor finance redress scheme. Nikhil Rathi, chief executive of the Financial Conduct Authority (FCA), told the Treasury Committee that he was “concerned about the integrity of the claims management market” and took a shot at lenders for trying [...]
City watchdog suspends parts of £9bn motor finance scheme after industry backlash July 2, 2026 The UK’s financial watchdog has suspended parts of its under-fire £9bn motor finance redress scheme amid fierce backlash from industry and consumer groups. In a statement on Thursday, the Financial Conduct Authority (FCA) said the suspension will require firms to continue preparations for its scheme but avoid work that “may need to be repeated” if [...]