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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Six in ten car dealers call for Government support at the Autumn Statement
Six in ten motor dealers say they need help with rising costs, according to our latest Forecourt Foresight research.01 November 2023 Forecourt Foresight 2 minute read
Consumers reversing on car buying plans
According to our latest Forecourt Foresight research, consumers are continuing to change their car buying plans because of the cost-of-living crisis.30 October 2023 Forecourt Foresight 2 minute read
Unleashing the Power of Forecourt Insight: A Game-Changer for Dealerships
Understanding the market and the products available to meet customer need is hugely important for dealers but can be a challenge. Our Director of Product, Alex Griffin, talks about what Forecourt Insight is and how it can help.10 October 2023 Insights 5 minute read
Close Brothers acquires Bluestone Motor Finance in Ireland
Close Brothers Motor Finance has over a decade of experience in the Irish market, having helped over 130,000 customers finance vehicles. Today, Close Brothers acquires Bluestone Motor Finance in Ireland.20 September 2023 News 2 minute read
Car dealers think 2030 petrol and diesel ban will be changed or scrapped
Our latest Forecourt Foresight research revealed that 85% of dealers don’t believe the government’s 2030 ban will go ahead as planned, with one in five (18%) believing it’ll be scrapped altogether.18 September 2023 Forecourt Foresight 2 minute read
Cost-of-living top hurdle for 7 in 10 dealers
The cost-of-living crisis is the biggest challenge for 7 in 10 car dealers, according to our latest Forecourt Foresight research. More than half say stock availability is a huge challenge. Read the full article for more detail.21 August 2023 Forecourt Foresight 2 minute read
Cost-of-living crisis continues to hamper car buying plans say car dealers
The ongoing cost-of-living crisis is continuing to impact the buying behaviour of those looking to purchase cars, according to our latest Forecourt Foresight research.01 August 2023 Forecourt Foresight 2 minute read
Countdown to Consumer Duty deadline, but what matters most to customers?
Countdown to Consumer Duty deadline, but what matters most to customers?21 July 2023 Consumer Duty 3 minute read
Myth-busting 101: Common misconceptions about dealer funding
Alex Griffin, our Director of Product, discusses all things dealer funding, and explains five common myths.14 July 2023 Funded dealer 5 minute read