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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9 out of 10 dealers are aware of the upcoming Consumer Duty legislation
According to our exclusive Forecourt Foresight research, 9 in 10 motor dealers surveyed are aware of the FCA's new Consumer Duty. This is up from 63% in the previous quarter.12 July 2023 Forecourt Foresight 2 minute read
Dealers speeding towards online sales as costs soar
According to our latest Forecourt Foresight research, dealers are making changes in the current economic climate by shifting their focus towards online sales. Read more, including comments from our Director of Sales, Lisa Watson.14 June 2023 Forecourt Foresight 2 minute read
Close Brothers Motor Finance raises over £17,000 for charity
In just a week, we've raised an outstanding £17,324 for Cancer Research UK and Make a Wish Foundation!12 June 2023 Charity Week 2 minute read
Five things to think about in the countdown to consumer duty
With the FCA’s consumer duty deadline fast approaching on Monday 31 July, we’ve outlined some of the key things dealers could be thinking about to make sure they comply with the new regulations.24 May 2023 Consumer Duty 2 minute read
Cost of living sees one in eight drivers charging family friends for a lift
Cost of living sees one in eight drivers charging family and friends for a lift, that's according to our latest the Road Ahead research. Read the full article to find out more.19 May 2023 Road Ahead 2 minute read
2023: The Year of AFV Investment
Our Director of Product, Alex Griffin, has created a series of blogs; the first centred on 2023 being the year of AFV investment. Read the full article to find out more.14 April 2023 AFVs 5 minute read
Drivers to release the handbrake on car buying: Sales to accelerate as 60% of UK adults look to purchase a car in the next year
Six in ten motorists plan to buy or lease a car within the next twelve months, according to our latest ‘The Road Ahead’ research. This number could rise as one in 13 haven’t decided yet.14 April 2023 Insights 5 minute read
Charging forward: Just one in six non-electric drivers don’t think they’ll make the switch
According to our latest consumer research, More than a quarter of those driving a petrol, diesel, or hybrid vehicle say they will switch to a pure electric car in a few years once the infrastructure has improved.06 April 2023 EVs 2 minute read
Cost-of-living crisis will be the toughest challenge for dealers this year
According to our latest Forecourt Foresight research, 78% of dealers say the cost-of-living crisis will be the biggest challenge this year.21 March 2023 Forecourt Foresight 3 minute read