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Very Daisy Duke - 31 March 2026
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FOLLOW UP: FCA CONFIRM FINANCE MIS-SELLING REDRESS
The Financial Conduct Authority (FCA) has confirmed the details for the redress scheme, following finance mis-selling to car buyers. Less people will be eligible to claim, as somehow they have deemed that dealer direct to manufacturer finance was not liable to the same issues as was found to be open to abuse. However, the average payout will be higher than expected, at £829. For more on this, click the Autocar article link here.
JLR FIND A NEW STRATEGY CHIEF
Tata exec, Balaje Rajan, has become the chief strategy officer for JLR. This move indicates a tighter alignment with between the companies. We can expect more platform sharing plus electrification and software development being closer aligned. You can read more about this, by click the Autocar India article link here.
JLR HALTS PRODUCTION AT SOLIHULL
JLR has halted production at the Solihull plant, due to a problem with their supply chain, specifically one supplier. We do not know who the supplier is, nor what the part is. This pausing of production dovetails into a planned shutdown over the Easter period. Click this Business Maters article link here, to read more.
£1B FROM THE GOVERNMENT TO HELP E-LORRIES AND E-VANS
The UK Government rolled out two initiatives to help the transition to zero emission lorries and vans. First is the Zero Emissions Truck and Van Grant, with the second being the Depot Charging Scheme. The aim is to assist with two of the major blocks for companies switching, costs to buy and lack of infrastructure. For more details, click this EV Powered article link here.
AFEELA CANCELLED BY HONDA AND SONY
The joint-venture between Honda and Sony, called Afeela, has been cancelled following Honda’s decision to can their 0 Series EVs. This is no real surprise as the project was going to use a lot of the 0 Series technology and platform. If you wish to read more, click this Top Gear article link here.
VW TO RECALL NEARLY 100,000 EVS WORLD WIDE
The German Federal Motor Transport Authority (KBA) has stated that the VW Group must recall 94,031 ID.3, ID.4, ID.5, ID.Buzz and ID.Buzz Cargo, plus Cupra Born vehicles, globally, built between 7 February 2022 and 23 August 2024. The vehicle batteries do not meet the agreed specification and might produce reduced driving range as well as there being a risk of fire. Click this electrive article link for more information.
BRING A TRAILER COMING TO THE UK
The US auction site, Bring a Trailer, is coming to the UK. Last year the company $1.7 billion in sales and now sees this as the right time to bring their way of doing things to the UK classics market. For more on this story, click this link to a Motoring Research article.