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The latest news from Close Brothers Motor Finance and the financial world, plus helpful guides for our customers and clients.
Nearly half of UK drivers rethink EV plans
Our latest consumer research reveals that nearly half of UK drivers say EV tax has influenced their decision, with 22% dropping plans for a new EV and 24% now considering a used one.
14 October 2025 ● Consumer research ● 3 minute read
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Close Brothers Motor Finance appoints Alex Griffin as Director of Product
Close Brother Motor Finance has appointed Alex Griffin as Director of Product.15 December 2022 General 2 minute read
Understanding the experience of women working in the automotive industry, and why it’s important, not just for International Women’s Day, but for the future
In celebration of International Women’s Day, we’re shining a spotlight on inspiring women in the automotive industry, including Lorraine Richards, our dealer partner from Crompton Way Motors.15 December 2022 General 3 minute read
Close Brothers Motor Finance revs up sponsorship deal with Mikey Doble Racing
Close Brothers Motor Finance has today announced it will become an official sponsor of Mikey Doble Racing for the upcoming Ginetta GT5 season.15 December 2022 General 2 minute read
One in 10 UK adults have a nickname for their car
For many of us, cars mean much more than simply getting us from A to B.15 December 2022 General 2 minute read
Fuel crisis puts the brakes on car buying
The latest crisis at the petrol pumps could prevent consumers from making a vehicle purchase, according to Close Brothers Motor Finance.15 December 2022 General 2 minute read
Close Brothers Motor Finance appoints Lisa Watson as Director of Sales
Close Brothers Motor Finance has appointed Lisa Watson as Director of Sales.14 December 2022 General 2 minute read
Half of drivers plan to buy a vehicle in 2022
There’s no sign of demand in the car market dipping this New Year, with half (49%) of motorists saying that they intend on buying a car in 2022, according to new research from Close Brothers Motor Finance.13 December 2022 General 2 minute read
Tips for supporting your vulnerable customers
All customers deserve equal treatment and excellent service from their finance provider. However, many worry they’ll be treated poorly or turned away from finance if they disclose their vulnerability, either to their dealer or the13 December 2022 Motor Finance 2 minute read
Car buyers in the firing line of fraudsters, with young adults the most likely to fall victim
One in ten British drivers (10%) have been the victim of a scam or fraud when purchasing a car, according to our latest research. Read more about this in our article.07 December 2022 Motor Finance 2 minute read