Category: Automotive industry

City minister accused of ignoring £2bn car finance tax loophole

Critics say banks will be able to avoid tax on compensation payouts to victims of £11bn loans scandalThe City minister, Lucy Rigby, has been accused of snubbing taxpayers after she appeared to brush off concerns about a...

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China forecast to have sold one in every 10 new cars in UK in 2025

Carmakers such as MG, BYD and Chery are set to pass 200,000 mark in sales, analysis suggests, double 2024’s totalChinese brands are on course to account for one in every 10 new cars sold in Britain during 2025, a marked...

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Cardiff becomes first UK council to impose higher parking charges on larger vehicles

Premium charge aims to combat steep rise in SUVs and other larger vehicles which are ‘a danger to other road users’Cardiff council will force drivers with larger vehicles to pay more for parking, becoming the first...

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