Whenever you buy a car, it’s inevitable that its value will decrease. In fact, within the first 3 years of car ownership, the value can drop by as much as 60%. Some models do better than others, and the arrival of more electric cars is altering the market as well. With the new plate coming in next month, here's advice for readers hoping to understand how … [Read more...]
Toyota hopes flying high for WRC Rally Finland
Toyota Gazoo Racing World Rally Team aim to continue their recent winning run when they compete on home roads at Rally Finland this week with an expanded all-star driver line-up. The high-speed gravel stages of central Finland from 1 to 4 August are the fastest and most spectacular in the FIA World Rally Championship and also home ground for TGR-WRT, who … [Read more...]
Britain & EU losing components business
The European Union’s automotive trade balance is at a critical juncture, with the potential to become a net importer of automotive components for the first time ever in 2024. Despite significant investments in research and development (R&D), the EU’s manufacturing of innovative automotive technologies is increasingly moving abroad. In 2023, … [Read more...]
Wrexham rolling out public ev points
Wrexham County Borough Council has signed a partnership with Costelloes EV Group to oversee the operation, maintenance, and installation of electric vehicle charge points (EVCPs) on council-owned land. This long-term, fully funded partnership aims to expand the network of chargers across the county at a lower cost and enhance service quality. Costelloes, … [Read more...]
New expanding brands now supplying service data
Data company epyx is reporting a large influx of new motor manufacturers to its core service, maintenance and repair platform. Their 1link Service Network is used by fleets totalling more than four million cars, vans and trucks to manage their SMR processes, working with thousands of franchise dealers, independent garages and fast fits. Greg Tucker, head … [Read more...]
Austin raises hat highest to car fans
New research by the car leasing experts at Auto Trader reveals the cities around the world with the most motor-loving communities. The research analysed the number of car meets, auto events and motor shows in over 400 cities worldwide, along with the number of Instagram posts associated with each city’s car meets, to show how strong the car-loving … [Read more...]
New convertible cars hit 20 year low
U.K. buyers in the market for a new convertible car have the fewest models to choose from in almost 20 years. The latest annual Convertibles Report by CarGurus - a leading automotive marketplace in the U.K. to shop, buy, and sell used vehicles - found consumers have the choice of just 22 new convertible models from the U.K.'s 30 most popular manufacturersi. … [Read more...]
Drivers warned about this week’s bike day
Scores of more cyclists are likely to be on the roads this Thursday, which is Cycle to Work Day. Experts from cycle insurance providers, ALA Insurance, have shared a warning to drivers to follow new rules when it comes to safely sharing the roads which some motorists mayn’t be aware of and pay a hefty price. The rules are part of Highway Code changes … [Read more...]
Spending cutbacks will hurt GB recovery
Government spending cuts will limit logistics’ ability to kick-start economic growth, says logistics uk. The announcement of government cuts in infrastructure spending will limit the ability of the logistics sector to kickstart economic growth, says business group Logistics UK. Policy Director Kevin Green said that the lack of focus on infrastructure … [Read more...]
Younger drivers turning towards subscription services
New data from Wagonex revealed that younger drivers are most likely to acquire a car on subscription. Drivers aged 26-35 are six times more likely to get a car on subscription than those aged 56-65, and eleven times more likely than those aged 65+. With the latest sector statistics revealing that the UK’s car subscription market is the biggest in Europe … [Read more...]
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