Peter Waddell removed as Big Motoring World director, FCA warns finance companies to have cash ready, and Keyloop buys ATG - with Jack Williams, episode 153

Peter Waddell threatens High Court action after shock removal as Big Motoring World director Lotus racks up £593m loss for 2023 despite selling record number of cars FCA warns motor finance firms to prepare to pay out following discretionary commission review Barclays appeals against ruling which sparked FCA investigation into motor finance industry Keyloop reaches ‘definitive agreement’ over acquisition of Automotive Transformation Group Alfa Romeo reveals first ever EV as Italian brand takes initial steps to all-electric future Constellation-owned car subscription service Elmo Drive is wound down Carmakers will continue to slash new car prices to stimulate demand – Auto Trader Mystery resolved as luxury supercar dealer’s monogrammed pants are found at health spa