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.
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Not driving home for Christmas: EV drivers fear battery range and charging point infrastructure
One in six EV drivers say the range on their vehicle is shorter than they expected and the same number say it’s difficult finding working charging points, that's according to our latest consumer research.17 December 2024 EVs 2 minute read
Close Brothers Motor Finance makes two key appointments
We've made two key appointments as Clare Bradley has been appointed Commercial Director, and Neil Leonard has been appointed Marketing Director.29 November 2024 Appointment 2 minute read
Close Brothers Motor Finance returned to writing new business
We've begun a phased return to the writing of new UK motor finance business.08 November 2024 Motor Finance 2 minute read
Two in five drivers call for cap on insurance premiums ahead of the Autumn Budget
Our latest consumer research found that two in five drivers call for cap on insurance premiums ahead of the Autumn budget.17 October 2024 Consumer research 5 minute read
Close Brothers Motor Finance appoints new Managing Director of Sales
Our latest appointment sees John Cassidy become Managing Director - Sales.09 October 2024 Appointment 2 minute read
Seven in ten car dealers want to see a VAT cut in the Autumn Statement
According to our latest Forecourt Foresight research, which asked dealers to outline the support they need to help their business, almost seven in ten (69%) said they'd like to see a VAT cut.27 September 2024 Forecourt Foresight 2 minute read
High electricity costs have been the biggest challenge for EV drivers
As the energy price cap is set to increase on October 1st, a third of EV drivers say high electricity costs have been the biggest challenge to owning an electric vehicle, according to our latest consumer research.27 September 2024 Consumer research 5 minute read
Close Brothers wins the most Open Culture award!
At this year's Menopause Friendly Employer Awards, Close Brothers took home the award for the Most Open Culture!16 September 2024 Industry Awards 2 minute read
Dealers confirm price is paramount for vehicle buyers
Our latest Forecourt Foresight research, which asked motor dealers what their customers look for when making a vehicle purchase, found that price remains the most important consideration for buyers.27 August 2024 Forecourt Foresight 3 minute read