Cazoo is finalising a merger with a New York-listed ‘blank cheque’ Spac called Ajax I to take the used car platform public in a £5 billion ($7bn) deal – $1bn below earlier expectations, but...

AUTO TRADER ‘FAIR’ AND ‘HIGH’ PRICE FLAGS CONFIRMED CHORLEY GROUP PROFITS DOUBLE PARK’S OPENS LAMBORGHINI LEEDS NADA SHOW SCHEDULE PUBLISHED WORLD NEWS – Audi brand refresh, Daimler...

The board of BCA Marketplace has confirmed that it has received a takeover bid for the company that would take it back into private ownership. The board said it is in “advanced discussions” with...

Amid see-sawing numbers in new registrations as noted by the SMMT – a swing from +3.4% recorded in May TO -3.5% in June (compared to +10.1% in Spain and +4.7% in France) – a number of retailers...

Financial trouble seems to be looming. The FCA is becoming increasingly worried about the amount of debt that families in the UK are building up. Ordinarily most can cope with indebtedness, but issues...

As summer finally arrived in the UK, markets seemed reluctant to spoil the mood. In a third straight month of gains, the FTSE 100 index of blue chip stocks closed 1% higher, while the more...

Is the world ending? Or is it just the end of an era and, potentially, the beginning of a new, exciting world order? Whichever your perspective, it seems Britain’s historic vote to become the first...

Is the fear factor that’s gripping global financial markets bleeding into the UK’s listed motoring businesses? It seems prescient that shares in Pendragon, the country’s largest new and used car...

BCA Marketplace has announced the acquisition of Ambrosetti, which offers specialist preparation of new and used vehicles. BCA says Ambrosetti will be integrated into is services division, BCA...

The UK auto retail sector has been living high on the hog over the past few years of rock bottom interest rates, but 2015 was a showstopper, despite the challenges thrown up by the Volkswagen...

Buying shares this year should have come with a ‘likely-to-cause whiplash’ disclaimer, with uncertainty in so many quarters. Will the Eurozone be in tact by Christmas? Is global economic growth...