Ferrari earnings have skidded because of supply chain and coronavirus pandemic issues. Earnings fell 60% to £111,680,000 in Q2 but the full year sales are expected to dramatically pick up by spring 2021 and be at the lower end of their original forecast or about £30 Billion. Fuel price rises recorded by the RAC this week will wipe out savings from cheaper … [Read more...]
Features
Newslines 3 August
A bidder on Car & Classic Auction has secured a rare Mk1 Volkswagen Golf GTI for £21,500 - some £1,230 more than they could have bought a brand new 20-plate Golf. The 1983 Golf GTI was listed on Car & Classic Auction for seven days and by day three had already exceeded its estimate of £11,500 to £13,500, although it’s no ordinary Golf GTI, it’s a … [Read more...]
£2 Billion cycle-plan ignores vital deliveries
London’s protected cycleways will be rolled out to other English cities in a £2 Billion programme, but it’s already raised concerns in the logistics sector. In response to the government’s package of announcements made 28 July 2020 on urban road use, Natalie Chapman, Head of Urban Policy at Logistics UK, formerly FTA, said, “The government’s plans present … [Read more...]
UK needs major rethink for EV charging network
Solving the infrastructure challenge is one of the final pieces of the electric vehicles puzzle, said Dan Hutson, head of motor insurance with comparethemarket.com. Ofgem’s focus on building capacity for 11 million electric cars in the UK will be welcome news to many who want an electric car but are concerned about the volume of charging points. He said, … [Read more...]
Hyundai charge into the ev lead on cost
ChooseMyCar has taken a look at how much it costs to charge each EV currently on the market, as well as their electric range in miles to calculate which EV’s are the cheapest to drive and charge. Taking the top spot for the cheapest car to drive is the Hyundai IONIQ Electric, which has a range of 155 miles on a fully charged 40.4 kWh battery, which works … [Read more...]
Laverbread Nouveau Enduro taste for adventure
A weekend rally traversing some great French driving roads, promoting Wales and its gastronomic products while also generating a record amount of money for a worthy charity, was the idea. On refection, there was nothing not to like about the 1984 Laverbread Nouveau Enduro. Born out of a fertile marketing alliance between Wales … [Read more...]
Tradelines 29 July
Sixty apartments costing up to £1.65M will be built overlooking the Silverstone GP racing track and come complete with a clubhouse and leisure facilities. The leasehold apartments with balconies will be fully managed and can be rented out when not in use by their owner who will benefit from access to all major meetings from May 2022. The UK’s … [Read more...]
Cycling in countryside needs care and consideration
While cycling continues to prove an increasingly popular way to get around there has also been an increase in danger. British Cycling, the national governing body for cycling now boasts over 166,000 members - a threefold increase in membership since the London 2012 Olympic and Paralympic Games. With increased cycle traffic on rural roads, often when … [Read more...]
Welcome to the home-office on wheels
Working from your home on wheels could become a regular part of business life. With social distancing set to be in place for the foreseeable future, a new trend is emerging amongst British workers in need of ways to manage remote working and travel for work, according to new research. A survey of 2,000 British adults commissioned by the UK’s largest … [Read more...]
From canals to carriageways, the FTA takes a new road today
One of the UK's oldest motoring organisations today changed its name to embrace modern transport. The FTA, which can trace its origins to campaigning for operators rights since 1888, has become Logistics UK. Following the 1888 Railway and Canal Traffic Act traders were given a right of complaint to the Board of Trade if they felt that railway rates or … [Read more...]
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