Covid-19 has polarised the world, and the nation – including car buyers. According to research from episode one of the annual Britain Under the Bonnet report, from Close Brothers Motor Finance, some 38% of drivers are more likely to delay buying a car due to the economic uncertainty caused by Covid-19 and Brexit, while 12% have brought forward their … [Read more...]
EV expansion trips over kerbs
The lack of an effective national strategy for creating kerbside charging infrastructure is emerging as the biggest barrier to adoption of electric vehicles by businesses, says the Association of Fleet Operators. The current government approach to installation of kerbside charging means that 75% of the cost is met by a national fund and 25% paid by local … [Read more...]
Tradelines 14 April
Marmalade Insurance says the successive lockdowns have created an eight month backlog of driving tests. It calculates about 1.16M provisional licence holders are waiting for test dates and it’s been made worse by instructors numbers going down. Peugeot's introducing a reduction in Advance Payments across the range of up to £1,250, in comparison with Q1, … [Read more...]
Government statements slowing car sales recovery
Continuing confusion over Net Zero targets is slowing the recovery of motor sales. Seán Kemple, Managing Director of Close Brothers Motor Finance, said, “March marks a year since the first UK national lockdown, and the industry has evolved remarkably during this time. “New car sales are going ahead through click and collect, or click and deliver, services, … [Read more...]
BREAKING NEWS: Driving lessons restart monday
Driving lessons in Wales can restart on monday 12 April. Transport secretary Grant Shapps said driving tests will resume 10 days later on 22 April and to help clear the backlog of candidates, the Driver and Vehicle Standards Agency will offer more tests and examiners, including at weekends and on bank holidays. Driving tests for motorcycles, … [Read more...]
Governments must invest to reach zero target
Car makers have called on Governments to invest in electric vehicle charging points and hydrogen stations to ensure zero emission targets are met over coming decades. The EU automobile industry is open to higher CO2 reduction targets for cars in 2030, provided that they are directly linked to binding commitments from member states to roll out the required … [Read more...]
Coronavirus exposed weak supply chain links in auto sector
Supply chain managers need to be much more proactive in setting up and improving business models according to research from Professor Jack van der Veen from Nyenrode Business University. In his recent white paper ‘Implementation of new Supply Chain Business Models: risk management in cross-border trade', he seeks to understand how new business models can be … [Read more...]
A quarter of new cars will be hybrids, say buyers
One in four UK drivers plan to opt for a hybrid car as their next vehicle purchase, according to research conducted for Close Brothers Motor Finance’s upcoming Britain Under the Bonnet Report. The fifth iteration of the report reveals that the desire to purchase a hybrid vehicle has accelerated to 26% from 21% in 2020. And this is largely stable across age … [Read more...]
Sharing chargers solution to shortfall
Independent research by Dodona Analytics reveals electric charger sharing is essential to support the UK's ban on the sale of new petrol and diesel vehicles by 2030. According to their research, if only 4% of motorists with a home charger share it with their neighbours living in flats and terraced houses where they can't have their own charger, then a … [Read more...]
Better guidance for challenged drivers
Driving Mobility that accredits a network of driving assessment centres, has relaunched its website to provide comprehensive guidance on all aspects of adapted driving, accessible travel and personal mobility. Supported by the Department for Transport, Driving Mobility is the umbrella organisation that coordinates 20 independent driving assessment centres … [Read more...]
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