UK car making slumped last year to the lowest since 1984, hit by Covid-19 interruptions and a collapse in demand for most of the year. The car makers' body, the Society of Motor Manufacturers and Traders chief Mike Hawes said it was a "dreadful year" but added that a comprehensive vaccination programme might restore buying and … [Read more...]
Features
Brakes go on Bloodhound LSR attempt
Covid-19 has puts the brakes on the Bloodhound Land Speed Record project it was announced today. The multi-million-pound plan to smash 800mph on land to is looking for a new owner to take the team through to setting a new World Land Speed Record in 2022. In 2019, the Bloodhound team deployed out to South Africa to conduct high speed testing of the most … [Read more...]
£100M new model and plan for Lotus
Road and racing marque Lotus is investing £100M in a new model and production facility. A new series of sports cars is confirmed with prototype production of the Lotus Type 131 to commence this year in Hethel, Norfolk. It is likely to be the last powered by a conventional petrol engine before an ev-powertrain is developed. The new … [Read more...]
Learners and commuters boosting car sales
In what has been a turbulent time for the industry, car dealerships across the UK have been desperately trying to claw back car sales. To paint a statistical picture of the downfall, figures for new private car registrations dropped by 98.7% in April, the worst downturn in 70 years. Only 871 cars were registered, compared to 67,873 at the same time in … [Read more...]
Suppliers optimism and caution for 2021
Parts suppliers have started 2021 with mixed feelings of optimism and caution. Optimism, because demand for vehicles and components is picking up more rapidly than expected and the appetite for new, innovative technologies is accelerating. Caution, because the scars from 2020 are deep and the level of uncertainty remains high. Thorsten Muschal … [Read more...]
Lockdown deals shaking out car sales
Drivers clambered to offload their small cars for cash during 2020 as the pandemic caused lockdowns across the UK. Sell My Car Direct, previously saw more than a quarter of the cars offered to the car buying service being made up of city cars and superminis (27%). Add hatchbacks and the percentage rises to 40% (2,400 of 5,964), as drivers flocked to sell … [Read more...]
Nissan decision puts pressure on Ellesmere Port investment
Britain is charging up for a battery cars’ future. Nissan said today that its Sunderland car plant is secure for the long term as a result of the trade deal reached between the UK and the EU. It already makes traction batteries next to its Sunderland assembly plant and now says additional battery production will be invested where it has 6,000 direct … [Read more...]
Insurance shock looming for latest car owners
Thousands of drivers could see their car insurance rocket if new uncapped data is used by insurers. Since 2009, Thatcham's Group Insurance Rating has placed vehicles into a 1-50 system by using a capped algorithm to help insurers determine the cost of cover. While there are no plans to replace the current process, raw data shared as a result of taking the … [Read more...]
Majority drivers now considering ev as next car – survey
Some 63% of drivers are considering an EV for their next car, citing environmental benefits, being able to charge at home and being taxed less on their salary as the top three main reasons. Tusker runs a fleet of almost 20,000 cars, which is being transformed by the green revolution with EVs accounting for 50% of orders in 2020. In turn, its fleet has gone … [Read more...]
Ten steps to saving on premiums
Here are some eye-opening ways to scrutinize and save on your car insurance. Moneyshake car leasing has looked at 140 quotes and come up with some tips to tip the premiums in your favour, with a few surprising facts. Moneyshake’s Top Findings: Third-party, fire and theft is 60% more expensive than comprehensive cover Decreasing voluntary excess … [Read more...]
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