The company behind We Buy Any Car has received a £1.9 billion bid for the group from private equity house TDR Capital.
A no-deal Brexit could cost the UK car industry up to £70 million a day, according to a new report.
The owner of WeBuyAnyCar.com, BCA Marketplace, has confirmed it is the subject of a £1.9 billion takeover bid from a UK private equity giant.
Growth in the British economy slowed in the three months to April, as a drop in car production following the original Brexit deadline hit output.
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Ford has come under attack from unions after announcing plans to close its engine plant in Bridgend next year, with the loss of 1,700 jobs.
Fiat Chrysler has pulled out of an offer to merge with French car maker Renault, citing problems with France’s political climate.
Supermarkets are cutting fuel prices amid a fall in wholesale costs.
Drivers have suffered a “miserable” fourth month in a row of fuel price increases, new figures show.
Uber has posted one billion US dollars (£790m) in losses in its first financial report since its lacklustre debut on Wall Street, even as its revenue jumped 20% from a year earlier.