News and insights
The latest news from Close Brothers Motor Finance and the financial world, plus helpful guides for our customers and clients.
EV demand continues to surge despite consumer concerns
Our latest research shows demand for electric vehicles continues to grow, with dealers reporting increased interest throughout the buying journey. Findings highlight the opportunities and barriers facing the transition to EVs.
25 September 2026 ● Forecourt Foresight ● 3 minute read
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Fuel crisis puts the brakes on car buying
The ongoing fuel crisis could prevent consumers from making a vehicle purchase, according to new research from Close Brothers Motor Finance. A fifth (20%) of the UK public admit the fuel shortage up and down the country has put th18 May 2022 Motor Finance 5 minute read
Reluctance to use public transport sees move towards motor
The pandemic has prompted a spike in commuters opting to drive to work instead of using public transport, according to new study from Close Brothers Motor Finance. Well over a third (37%) of UK adults confirmed their preferred met18 May 2022 Motor Finance 5 minute read
Stock shortages emerge as the biggest worry for dealers, as motor industry faces ripple effect from pandemic
Stock shortages emerge as the biggest worry for dealers in the year ahead, according to new research from Close Brothers Motor Finance.18 May 2022 Motor Finance 5 minute read
Almost half of car dealers worry about the rise of online car buying
Almost half (46%) of car dealers say they worry about the rise in online car purchases, according to research from Close Brothers Motor Finance.17 May 2022 Motor Finance 5 minute read
Covid-19 recovery the biggest threat to dealers, but new consumer buying patterns to deliver opportunities in the year ahead
The recovery from Covid-19 continues to be the main concern for car dealers when thinking about the future of their business, according to new research from Close Brothers Motor Finance.17 May 2022 Motor Finance 5 minute read
Cautious car-buyers would rather buy a new home online than a new car
While the pandemic has accelerated online buying across multiple sectors, drivers are not quite ready to take the leap and buy a new car online without seeing it first.17 May 2022 Motor Finance 5 minute read
Final lockdown takes its toll, with dealer confidence falling 10% since Summer 2020
Final lockdown takes its toll, with dealer confidence falling 10% since Summer 202017 May 2022 Motor Finance 5 minute read
Covid-19 puts the brakes on 9.3 million car buying plans
Covid-19 has polarised the world, and the nation – including car buyers, according to research from episode one of the annual Britain Under the Bonnet report, from Close Brothers Motor Finance. Well over a third (38%) of drivers a17 May 2022 Motor Finance 5 minute read
Hybrid accelerates as most popular car type for future car buyers
One in four (26%) UK drivers plan to opt for a hybrid car as their next vehicle purchase, according to research conducted for Close Brothers Motor Finance’s upcoming Britain Under the Bonnet Report. The fifth iteration of the repo16 May 2022 Motor Finance 5 minute read