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1 week ago | 
am-online.com | Aimee Turner
A used car dealer from Leicestershire has been jailed for more than three years after being found guilty of multiple counts of fraud relating to the sale of faulty vehicles. Lee David Graham Irons of Sileby was sentenced to three years and four months in prison following a three-week trial at Leicester Crown Court. He was convicted on 14 charges linked to dishonest car sales at his business Affordable Cars Thurcaston.
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1 week ago | 
am-online.com | Aimee Turner
By Aimee Turner | 15 April 2025 Omoda is ramping up its push into the EV market with a zero deposit, zero interest finance offer on its all-electric E5 SUV until 30 June.
Distributed through Omoda’s 73-strong franchised dealer network, the move comes as the Chinese brand seeks to cement its position in the mid-size electric SUV segment only months after entering the UK market.
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1 week ago | 
am-online.com | Aimee Turner
By Aimee Turner | 15 April 2025 CarMoney has unveiled plans to grow its annual vehicle finance volume to £730 million by 2029, as it scales up a dealer-first, technology-driven model across the UK.
Backed by the Peter Vardy Group, CarMoney’s growth strategy centres around expanding its national franchise network and increasing its presence in the independent dealer space.
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1 week ago | 
am-online.com | Aimee Turner
As Ineos pivots from an agency sales model to a traditional franchised dealer network in the UK, the brand is simultaneously launching a price-protection initiative in the US to counterbalance the impact of tariffs on foreign vehicle imports.
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1 week ago | 
am-online.com | Aimee Turner
By Aimee Turner | 15 April 2025 Eden Motor Group has celebrated the shining stars of its business with its annual Excellence Awards, recognising colleagues who exemplify the group’s values of commitment, excellence, and family spirit.
The black-tie event saw 22 winners from across the company honoured for their outstanding contributions during 2024. The event is notable for its peer-nomination approach, with over 400 submissions from colleagues nominating each other for recognition.
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1 week ago | 
am-online.com | Aimee Turner
The hybrid Volvo XC90 led the charge for alternatively fuelled vehicles (AFVs) in March, posting the highest assumed gross margin among pre-owned AFVs and signalling a lucrative month for dealers specialising in this segment.
According to Dealer Auction’s latest EV Performance Review (EVPR), the XC90 delivered an average assumed gross margin of £5,482, topping all other models and improving on its previous peak performance from July 2024 (£5,106).
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1 week ago | 
am-online.com | Aimee Turner
By Aimee Turner | 15 April 2025 The RAC is rolling out free access to state-of-the-art AI imaging technology for its network of approved dealers, as part of an expanded partnership with tech firm Vehicles in Video (VIV).
The newly launched VIV Media app enables dealers to capture high-quality images of their vehicles, overlay them with RAC Approved Dealer branding, and choose from three professionally designed backdrops.
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1 week ago | 
am-online.com | Aimee Turner
The number of vehicles on Britain’s roads hit a record high in 2024, climbing 1.4% to 41.96 million, according to fresh Motorparc figures from the Society of Motor Manufacturers and Traders (SMMT).
Cars led the charge, with 470,556 more hitting the roads, bringing the total to 36.17 million – the third straight year of growth and the second biggest annual jump since 2016.
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1 week ago | 
am-online.com | Aimee Turner
By Aimee Turner | 14 April 2025 Auto Trader has unveiled a new functionality designed to drive lead conversions by enabling retailers to display clear, FCA-compliant finance offers on new car listings, directly within its platform.
The new ‘New Car Offers’ functionality allows dealers to present monthly payment details on new car adverts, targeted at high-intent buyers.
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1 week ago | 
am-online.com | Aimee Turner
By Aimee Turner | 14 April 2025 Adjustments to the Zero-Emission Vehicle (ZEV) mandate will provide only marginal financial relief to carmakers, saving just 3.5% of the revenue at risk due to looming 25% tariffs on UK car exports to the US, new research reveals.
According to Cox Automotive Europe, the cut in fines for missing 2025 ZEV targets - from £15,000 to £12,000 per car and from £18,000 to £15,000 per van - will save manufacturers £319m this year.
