FOLLOW UP: MOTOR FINANCE COMPENSATION SCHEME PAUSED
In what should be a surprise to no one following the story, thanks to the legal challenges of the Financial Conduct Authority’s proposed compensation scheme for customers who were impacted by illegal practices by those who arranged their finance, that this has now been partially paused. Companies are to proceed with claims as far as they can before hitting the areas under review, as well as tell those where their claim has failed. If you wish to learn more, click this Motor Trader article link here.
JUNE 2026 NEW CAR REGISTRATION FIGURES
June 2026 recorded the most registrations since the pandemic hit. Battery electric vehicles (BEVs) rose to a market share of 30% for the month, but still only 25% year to date. There was also a jump in private registrations. The Top 10 most registered models has some surprising cars, especially with the claimed number of Tesla’s. The SMMT took the opportunity to highlight the difference between the mandate level and what the market is currently sitting at, for zero emission vehicles. For more on this, click the SMMT article link here.
SKYWELL IMPORTER SHUTS DOORS
The UK importer for the Chinese brand Skywell, has suddenly closed their doors Innovation Automotive told all staff they were redundant on 30 June. This leaves a lot of unanswered questions regarding warranties, the future of the brand in the UK and repairs. Click this Autocar article link here, for more.
Additionally, this also hits vans from DFSK as Innovation Automotive have failed to find a company to take over the warranty cover, parts ordering and repairs. To learn more about that, click this article link from Professional Van.
BMW UK & IRELAND FIND A NEW BOSS
BMW UK and Ireland has announced their new CEO, Neil Fiorentinos. He will take over the position 1 September 2026, following David George’s departure in January. To read more on this, click this Motor Trader article link here.
TESLA BATTERY TRAILERS KEEP GETTING STOLEN
There has been 11 recorded incidents where trailers filled with Tesla batteries have been stolen from their Nevada battery factory. Some of the stolen Powerwalls have been recovered and all disabled by the company, remotely. More can be found out about this, by clicking this InsideEVs article link here.
INSTAVOLT BUYS GENIEPOINT
In buying GeniePoint, Instavolt is the first public EV charging network to have over 1,000 UK sites. The company intends to upgrade the acquired locations and hardware. You can read more, by clicking this article link from Instavolt here.
VW AND BOSCH AUTOMATED DRIVING DEVELOPMENT ENDS
Volkswagen, CARIAD and Bosch have reached the end of their project that was to develop SAE Level 2 and Level 3 automated driving systems. VW had to issue a press release to make it clear the project finished as expected and it wasn’t anything else. For more on this, click this electrive article link here.
To read about the project from Volkswagen, click this link here.
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NEW NEW CAR NEWS -
BMW X5
The fifth generation BMW X5 has been revealed, leaning into the Neue Klasse design language. There will eventually be a petrol, diesel, plug-in hybrid, electric and hydrogen version of this model. Initially the ICE versions will be built, starting this year, with a price around the £80,000 mark, whilst the electrified versions will cost more. Click this Autocar article link for more.
Geely EX2
Geely is bringing their third model to the UK, later this summer, with the EX2. This car is aimed squarely at the likes of the Renault 5. Depending on battery pack selected you will get, according to Chinese testing which is different from WLTP, 193 or 255 miles - expect these to be less under WLTP testing. No further details are available regarding the specifications or prices, at this time. Click this Autocar article link for more.
SGT Automobili 5S-SGT
SGT Automobili has created a tribute to the DTM styled Alfa Romeo 155, using the underpinnings of an Alfa Romeo Giulia Quadrifoglio. The Alfa engine has been tuned to provide, in normal Stradale trim, 612bhp, but if you want the track focused Trofeo model there is 740bhp. Weight has been stripped out too, with the Stradale coming in at 1590kg and the Trofeo ending up at 1490kg. The company is at pains to say this is not a restomod or replica, but how such a car could look today. Click this Autocar article link for more.
LUNCHTIME READS: VAMOS A LA PLAYA PARTS 5 & 6
Once again you need to grab your towels and wind breakers as we look at the cars best suited to rushing to the beach in, from Brazil and North America, thanks to Driven to Write. And once again there is an eclectic mix of solutions to the problem of how to get to the beach. Click this link here for Part Five. To see Part Six, click this link here.
LIST OF THE WEEK: 20 WEIRD AND WONDERFUL FIAT CONCEPTS
Fiat have a long history of fabulous concepts, Classic & Sports Car has compiled a list of their favourite 20 of them. Click this link here to see your options and thus if you agree with the choices made by the chaps.
AND FINALLY: TINY BUT ENDURING
Diecast Endurance ran a MkII Ford GT40 for as long as it could go before breaking, continuously. They livestreamed the five days, one hour, 10 minutes, and 42 seconds endurance effort, utilising a belt sander to enable propulsion. Click this article from The Drive to see more, including a link to the video showing what happened.
