Compare the Market analysed the monthly fluctuations in the cost of motor insurance over the last seven years and found that prices are lowest at the start of the year before steadily rising and spiking in December. The data found that the average premium for car insurance was the cheapest in February at £629, compared to £666 for the rest of the year. Volvo Cars today revealed refreshed … [Read more...]
Finance
Car sales tumbling across Europe after good December
European new-car sales fell 7.4 percent in January after changes to emissions rules and consumer-incentive programs hit demand. Registrations dropped to 1.135 million vehicles in the European Union, Britain and the European Free Trade Association (EFTA) countries, industry association ACEA said yesterday and reported by Automotive News Europe. January's decline was the first drop in … [Read more...]
Brexit’s been good for some in automotive sector
The UK transport industry has seen earnings on its investments in the EU rocket by more than 400% since the Brexit vote, the latest Office of National Statistics has revealed. UK transport trade earnings from investments in the EU rose from £177 million in 2015 to £1billion three years later – up 476% compared with before the vote. Firms involved in transportation had £3.6 billion invested in … [Read more...]
Fleets need to prepare for EV charge in demand
Fleets of all sizes will need support through a potential “sudden 2020 influx” of electric vehicles that is likely to create a vacuum of expertise, says FleetCheck. The fleet software specialist says that the new zero per cent benefit-in-kind tax rate, the availability of a wider range of models and the momentum created by the Government’s 2035 announcement are all creating a dramatic upsurge in … [Read more...]
Used dealers struggle with booming evs
The rise in used electric cars threatens to leave some dealerships flat, say analysts. A potential “charging crisis” could soon emerge among vehicle remarketing companies as electric vehicles start to make their way onto the used market in larger numbers, says the Vehicle Remarketing Association. The industry body, which represents businesses that handle, sell, inspect, transport or manage more … [Read more...]
More buyers looking at used cars
It is positive to see that the used car market grew in the last quarter of the year, said Sue Robinson, Director of the National Franchised Dealers Association. The used car market saw a growth of 2.4% in the last quarter of 2019 with 1,804,343 transactions. Overall in 2019, the used car market finished almost on par with the previous year with a marginal decline of -0.1% and a total of 7,935,105 … [Read more...]
Newslines 18 February
Homeowners living near proposed Clean Air Zones where certain vehicles will pay a penalty charge to enter are poised to potentially earn more than £1,000 per year by renting out their driveways as parking spaces for drivers looking to avoid the daily driving charge. More than 60 local authorities have considered, or are considering, some form of new clean air measure, meaning that many parts of … [Read more...]
Dacia to fit tax cutting LPG engines
Gas is back for cars. Dacia is launching a new factory-fitted dual-fuel solution across its range of award-winning Duster, Sandero and Logan models, the only manufacturer in the UK to do so. The all-new 1.0-litre turbo Bi-Fuel 100 engine combines petrol and LPG fuel to deliver reduced fuel costs, lower emissions and improved performance without compromising on quality. On average, customers … [Read more...]
Motorcycle sales encouraging 2020 kick off
With motorcycle registrations improving by 2.8% on the previous January, the start of the new year is heading in the right direction,said Stephen Latham, Head of the National Motorcycle Dealers Association. A total of 6,146 new motorcycles were registered throughout January, an increase from 5,976 in January 2019. Much of the growth came from the higher powered 651-1000cc and over 1000cc … [Read more...]
£12M annual parking fines paid in Cardiff
Drivers in Cardiff forked out over £12M in parking fines in 12 months, figures reveal. Overall, Brits waste at least £132 million each year on parking tickets – that’s a shocking £530 million since 2015, with 14 million fines being issued by councils. Leasing company Moneyshake obtained the data under Freedom of Information requests to over 40 councils and they found 1.1 M tickets were issue … [Read more...]
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