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The Latest Breaking News from Robert Forrester

Government crackdown on car industry perk could drive up used car prices

Employee Car Ownership Schemes set to be targeted by HMRC, but it could hurt industry, government revenue and car buyers

The Independent UK

Vertu hopeful of boost from Government’s £650m electric car grant

The car dealership said grants on certain electric vehicles will spur on demand as the wider new car market remains under pressure.

The Independent UK

Charging ahead: will the UK’s new electric vehicle grant work for you?

Industry experts hope the new subsidy will boost Britain’s EV market – but not all models will be eligible

The Guardian - UK

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UK Dealers Are 'Rationing' Gas Cars And Pushing EVs To Meet Government Quota

At least 22% of new cars sold in the U.K. in 2024 were supposed to be electric, but the target isn’t being met so the manufacturers are trying new tactics.

InsideEVs

North East business life: charity, community and award events

Companies featuring in this week's round-up include Vertu Motors, Miller Homes, Kromek, NBS, The Inn Collection Group and The Dunelm Foundation

Birmingham Post

Motor retailer Vertu invests £2.7m in solar power to counter rising costs

The Tyneside firm, which as 191 sales outlets now, has also taken action to mitigate against interest rate fluctuations

Birmingham Post

Motor retailer Vertu seals biggest deal in firm's history with £120m South West acquisition

The Gateshead firm has added 28 dealerships as well as Ferrari to the group in the Helston Garages Group deal

Birmingham Post

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North East deals of the week: key contracts, investments and acquisitions

Companies featuring in this week's round-up include My Property Box, QuantuMDx and Wastefront AS

Birmingham Post

North East motor group Vertu buys Yorkshire motorcycle dealership

Company CEO Robert Forrester said the deal was "financially and strategically" important

Birmingham Post

Paul Newman’s daughters sue Newman’s Own Foundation for breach of fiduciary duty

It’s a court battle that’s been brewing for years. Two of actor Paul Newman’s five daughters are suing the “Color of Money” Oscar winner’s Newman’s Own Foundation, alleging a breach of fiduciary duty by those who seized control of the organization shortly after the actor’s death.

Los Angeles Times

Digital dealers: is the online car sales revolution running out of road?

Sales model of digital disruptors such as Cazoo and Carvana fail to spark with buyers

The Guardian - UK

People on the move: key North East appointments and promotions of the week

Firms announcing new arrivals and promotions this week include Richard Reed Solicitors, Hay & Kilner, NEL Fund Managers and Vertu Motors

Birmingham Post

Macklin Motors is moving with confidence

Leading Scottish car dealership Macklin Motors is showing how it is possible to bounce back from the pandemic as it forms new relationships with manufacturers and creates more showrooms to better serve customers.

Daily Record

Government urged to improve EV infrastructure as growing North-South divide is revealed

Calls are backed by Vertu Motors' CEO Robert Forrester who said Government expectations of private sector is too high

Birmingham Post

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