A new pay-per-mile charge for electric vehicles (EVs) and some hybrid cars was announced in the Budget. All new cars will have to be electric or plug-in hybrid from 2030, when a ban on the sale of new ...

The owner of Cazoo has made its first pre-tax profit since 2019 after recusing the collapsed brand last year, it has been confirmed. Motors.co.uk has posted a pre-tax profit of £621,000 for 2024, up ...

The first electric vehicles (EV) eligible for the £3,750 discount under the government's grant scheme have been announced. The Department for Transport confirmed Ford's Puma Gen-E and e-Tourneo ...

British online used car retailer Cazoo Group will appoint administrators, it said in a regulatory filing this week, as it starts a voluntary liquidation process. Advisory company Teneo will be called ...

There’s never been a shortage of small, quirky electric vehicle startups over the years. Some have been mildly successful, like the G-Wiz in the UK, and some failed before they even started, like Elio ...

Graham is a Senior Staff Writer on Bauer's Digital Automotive Hub, writing primarily for Parkers.co.uk but his work also appears on the CAR website. He's been at Bauer since 2023, having started his ...

Dec 18 (Reuters) - British online car retailer Cazoo Group (CZOO.N), opens new tab said on Monday it had limited liquidity and will need to raise additional capital before the beginning of the second ...

The online car seller has sealed a debt-for-equity swap on around 630 million dollars (£509 million) of debt. Online car seller Cazoo has agreed a restructuring deal which will hand equity in the firm ...

UK online car retailer Cazoo Group Ltd has struck a restructuring deal that will hand control of the company to its creditors. Cazoo’s $630 million of convertible notes will be exchanged into shares ...

Cazoo Group (NYSE:CZOO) Wednesday said it had entered into a transaction support agreement with certain noteholders representing more than 75% of its $630M aggregate principal amount of 2.00% ...

LONDON & NEW YORK--(BUSINESS WIRE)--Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or the “Company”), the UK’s leading online car retailer, which makes buying and selling a car as simple as ordering any other ...

UK online car retailer Cazoo Group Ltd announced it has agreed to sell its German subscription business, Cluno GmbH, to ViveLaCar GmbH and The Platform Group GmbH & Co. KG. The financial terms of the ...