More than 40% of UK households don't have access to off-street parking, meaning millions of drivers can't simply charge an electric vehicle on their driveway and while the UK's public charging network continues to expand, access to convenient and affordable charging still depends heavily on where you live. In fact, Vertu have identified that searches for … [Read more...]
Finance News
Higher demand for high mileage cars
There is a growing market for cars with 100,000 miles or more on the clock, according to a third of dealers polled for the latest Startline Used Car Tracker. July’s Startline Used Car Tracker shows 40% believe the quality of modern cars means they often have a lot of life left at 100,000 miles-plus. Also, 32% of dealers say buyers of cars with over 100,000 … [Read more...]
Sinclair Group business battered
South Wales based Sinclair Motor Group reported a tough year in 2025 but expressed the hope business will improve this year. In its annual accounts published on Companies House website Sinclair Motor Group said 2025 was its toughest year since before Covid with profits down 38% despite turnover reaching more than £700m across the 12 brands it represents … [Read more...]
Welsh businesses raided in finance probe
Police and the Information Commissioner's Office have executed search warrants in Swansea and across the UK as it cracks down on suspected nuisance marketing linked to car finance mis-selling claims as part of the joint regulatory taskforce. More than 12 million complaints about nuisance marketing text messages have been submitted by the public since … [Read more...]
UK automotive slowly recovering, say SMMT
UK vehicle production fell -7.5% in the first half of 2026, with factories turning out 385,979 cars and commercial vehicles, according to the Society of Motor Manufacturers and Traders. Despite a challenging start to the year, however, output stabilised in the second quarter, dipping by just 128 units (-0.1%) year on year as exports strengthened and car … [Read more...]
EVs leading company choices, say Leasing Options
Business lease customers are increasingly turning to newer vehicle manufacturers, with the latest data from Leasing Options revealing that electric and hybrid-focused brands are making significant progress in the company car market. Furthermore, only three European brands are in their top ten list. The CHANGAN DEEPAL S07 accounted for 6.15% of all business … [Read more...]
Hunt for used car bargains this September – Vertu
With new car registrations being released on 1st September, many motorists typically see an opportunity to trade in their car for a brand-new reg. In previous years, this flood of part-exchanges meant that dealerships needed to make room for the additional stock by offering heavy discounts on their older used cars. And it seems used car buyers are … [Read more...]
Welsh financial company enters administration
Pontypridd based Woodville Consultants has entered administration and was one of the businesses that helped pay for the wave of motor finance compensation claims in the wake of the mis-sold commission scandal. The collapse has left thousands of investors exposed after the company, which raised money through loan notes and high-yield bonds, amassed a loan … [Read more...]
Kiss & go charges amongst lowest in UK at Cardiff
Sixteen of the UK’s 20 busiest airports have increased the charges drivers face for dropping off passengers, with the average cost increasing by a third since last summer, new RAC analysis has found. But Cardiff-Wales Airport is one of the cheapest and still offers free parking for 20 mins in car park 2 a short walk from the terminal. In what is now a … [Read more...]
Reform call for block to Cardiff workplace charges
A Reform UK Senedd Member has urged the Welsh Government to block Cardiff Council's plan to charge employers for workplace parking. Cai Parry-Jones MS said the scheme would damage the local economy by putting employers off moving to Cardiff and creating jobs, while some existing businesses may leave the city. Under plans which are set for consultation, … [Read more...]
