Latest Leasing News

Keep up to date with the latest automotive news and Pendle’s top tips and tricks to leasing.

7th May 2025

Potholes in the UK: A Crumbling Tale of Woe and Wheels

Ah, the British road—a place where the journey is as unpredictable as the weather. One moment you're cruising smoothly, the next you're performing an impromptu suspension test thanks to a pothole the size of a small paddling pool. It's 2025, and despite technological advancements and increased funding, the UK's pothole problem persists, leaving drivers and local councils in a vicious circle....

5th May 2025

The Rise of JAECOO in the UK: A New Contender in the SUV Market

In the ever-evolving landscape of the UK automotive industry, a new player has emerged, capturing the attention of both consumers and industry experts alike. JAECOO, a premium sub-brand of Chinese automotive giant Chery, has made significant strides since its UK debut in late 2024. With a focus on delivering high-quality SUVs that blend luxury, technology, and affordability, JAECOO is poised to challenge established brands in the competitive SUV segment....

30th Apr 2025

The Top 5 Most Interesting (and Totally Random) Facts About Cars Throughout History

Cars have been around for well over a century now—and in that time, they’ve been responsible for some of the most unexpected, strange, and flat-out fascinating stories in modern history. At Pendle Lease, we’re passionate about more than just vehicle leasing—we love a great bit of trivia too....

22nd Apr 2025

The Current State of EV Sales in the UK: A 2025 Snapshot

The UK's electric vehicle (EV) market is experiencing significant growth in 2025, driven by government incentives, expanding infrastructure, and increasing consumer interest. This surge presents new opportunities and considerations for both personal and business vehicle leasing....

11th Apr 2025

London’s Parking Fines Just Got Steeper: What It Means for Drivers and Businesses in 2025

April 2025 brought a significant change to the daily lives of London drivers—and it has nothing to do with new cars or traffic cameras. After more than a decade of holding steady, parking fines in the capital have just gone up, and the increases are turning heads. Whether you're managing a fleet on a business lease or navigating city streets on a personal lease, this change matters....

7th Apr 2025

Silvertown Tunnel Now Open

The Silvertown Tunnel is now open, providing an additional river crossing between north and south London into the East End. This has also seen the introduction of toll charges, not just for the new tunnel, but also for Blackwall. Implemented to help relieve the pressure from congestion on existing crossing, will the quicker journey times be worth the extra costs?...

28th Mar 2025

UK Car Production Declines by Over 11%: What It Means for Drivers, the Economy, and the Leasing Market

In February 2025, UK car production saw a significant downturn, with a drop of over 11% compared to the same period last year. This decline has raised concerns across the automotive sector, from manufacturing and supply chains to consumers and the vehicle leasing industry. While some of the causes are short-term disruptions, the trend also reflects broader structural shifts....

10th Mar 2025

The 5 Worst Cities in the World for Traffic (and Why You’ll Be Glad You’re Leasing)

Whether you’re sitting in a jam on the M25 or weaving through a congested city centre, there’s one thing all drivers agree on: traffic is the ultimate time thief. But while the UK has its fair share of slow-moving roads, we’re not alone in the global gridlock struggle....

3rd Mar 2025

Private New Car Sales Up in February 2025: What It Means for the Leasing Market

In a surprising twist for the UK automotive industry, February 2025 saw a modest yet noteworthy rise in private new car sales. While the broader market experienced a slight dip, private buyers bucked the trend, delivering the strongest February results since before the COVID-19 pandemic. As the car leasing and vehicle leasing sectors continue to evolve, this shift in consumer behaviour carries important implications for both business lease and personal lease strategies....

24th Feb 2025

BMW Pauses £600 Million Investment in Oxford: What This Means for the UK Automotive Industry and Car Leasing Market

In February 2025, the UK automotive industry was shaken by the news that BMW has paused its planned £600 million investment in its Oxford plant, where it produces the iconic Mini. This strategic decision has raised concerns across the sector, from manufacturers to vehicle leasing companies, and has sparked a national conversation about the future of electric vehicles (EVs) in Britain....

13th Feb 2025

BMW's Vantablack X6: The World's Darkest Car and Why It's Not Road-Legal in the UK

In 2019, BMW unveiled a one-off concept car that captured the imagination of automotive enthusiasts worldwide: the BMW X6 coated in Vantablack VBx2. Vantablack, a material developed by Surrey NanoSystems, is renowned as the darkest man-made substance, absorbing 99.965% of visible light....

10th Feb 2025

Why We Probably Will Not See Tesla Cybertrucks in the UK

The Tesla Cybertruck is an impressive looking car. A real head turner. They are readily available in the US and seen on the roads quite frequently. Whilst it was initially expected that they would be available in the UK, here is why it is unlikely that we ever will. At least in its current state....