The average price a litre of unleaded petrol fell below the 106p mark in May, the first time in more than four years that the price has dropped to this level, although drivers should be braced for the start of price rises, suggest latest RAC Fuel Watch data. As the lockdown in England was eased and more drivers headed onto the roads, the cost of refilling a 55-litre family-sized petrol car … [Read more...]
Finance
Bentley cut jobs and JLR get massive Chinese loan
Bentley is cutting about 1,000 jobs, a quarter of its workforce at Crewe, due to a fall in sales for the 101 year old company. It had increased sales last year by 5% to 11,000 models but the pandemic fallout hit them hard and now it’s preparing to offer voluntary redundancy to many before making redundancies. Jaguar Land Rover has entered into agreements with lenders in China for a secured term … [Read more...]
Welsh car dealers doing better than expected
New car sales have faired better in Wales than the rest of the country this year. The Society of Motor Manufacturers and Traders show sales so far this year in Wales amounted to 19,042, some 45.5% below the same five months in 2019 but a smaller dip than England, Scotland and Northern Ireland, however only 685 cars were registered last month about tenth of the number in May 2019. The top ten in … [Read more...]
Aston Martin St Athan plant importance grows
Aston Martin Lagonda’s Welsh plant will play an increasingly important part in the company’s “reset plan” to boost sales around the world. The luxury car maker has seen a steep collapse in its sports cars sales and introduced new management as it prepares to roll out production of its DBX SUV at St Athan in coming weeks. Today it announced 500 job cuts across the business, but mostly at Gaydon … [Read more...]
Tradelines 3 June
North Wales Police face a £100,000 bill for selling an impounded luxury motor home without the owner’s permission. The Unimog based vehicle from Germany was taken in October last year when its German owners asked a policeman for directions and couldn’t produce insurance, which was obtained in December but after NWP sold it and it was stripped for parts, it's been reported by the BBC. Alfa Romeo … [Read more...]
Ford Puma gets added models
Ford has further expanded the new Puma range with additional powertrain and equipment level options – offering the most comprehensive line-up yet for the SUV-inspired compact crossover. Customers can now for the first time choose from Puma models equipped with a new seven-speed dual-clutch automatic transmission, and a luxurious new Puma ST-Line X Vignale variant from £25,240 from the end of this … [Read more...]
Higher demand for new cars expected
British car manufacturing came to a screeching halt in April, down 99.7% against the same month last year. Seán Kemple, Director of Sales at Close Brothers Motor Finance, offers his views on the shutdown, including recent data on what dealers want from the Government moving forward. Seán Kemple, Director of Sales at Close Brothers Motor Finance, said, “April’s manufacturing slump reflects the … [Read more...]
Sunday drive: On the road & in the news 30 May
Although the lockdown measures are easing it will take time for the wheels of society to return to something like normal life, writes David Miles. But from tomorrow, after the bank holiday week, English schools for certain age groups will open where they can and more employees should be returning to work and that includes the motoring industry. So hopefully it won’t be too long before we get back … [Read more...]
Car trade is idling on lockdown road
Car buyers and sellers will be operating in a new world and new order when they are again allowed to go out and into showrooms as early as monday 1 June in England but at dates to be decided in Wales, Scotland and Northern Ireland, writes Robin Roberts. One of the biggest changes in doing business post-Covid-19 will be seen in Suzuki dealerships where the UK importer is introducing a seven-day … [Read more...]
EC green energy plan risk to UK economy
Britain will miss opportunities for a greener and more econoically stable future as a result of the European Commission’s €750 billion euro package unveiled this week to put climate change at the heart of the bloc’s recovery from the coronavirus pandemic, according to critics. Billed as the world’s biggest “green” stimulus, it aims to tackle the economic slump, while fulfilling the Commission’s … [Read more...]
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