The majority of fleets have ignored new models and choose to run second-hand cars and vans to save money and benefit from the improved reliability of nearly new models. More than half of UK fleets (52%) are operating second hand cars and vans, and a further 27% believe they will do so in the next three years, according to new research. The 2025 Arval … [Read more...]
Parts and write-offs big impact on premiums
Rising parts' costs and insurers writing off accident damaged EVs are pushing up premiums and causing concerns to fleets as well as business and private drivers. Now it is suggested that collaborative working could help fleets contain rising vehicle repair costs, a meeting of the Association of Fleet Professionals’ Megafleets Committee was told. David … [Read more...]
Weekend roadtest: Toyota bZ4X Pure
Toyota fans now have a completely electric model added to the range as the industry slowly but relentlessly rolls towards the end of hybrid and internal combustion engines. After dabbling with an electric version of their RAV4 off-roader in the late 90s and pushing ahead with hybrids and stablemate Lexus electric models, it’s now the time for the Toyota … [Read more...]
VW improve Passat models from this month
The multi-award-winning Volkswagen Passat can be ordered in two new eHybrid trim levels from Thursday 14 August: Match and Black Edition. These value-focused newcomers replace the Passat Life and R-Line eHybrids and come with more features than the outgoing variants at no extra cost. Monthly payments, for any customers funding their purchases with … [Read more...]
Ineos ease back into UK market
4x4 specialist Ineos is rebuilding its sales network after it slashed business plans earlier this year and pulled the plug on some of the initial partners. Hit by a production glitch which stopped manufacturing, Ineos has now resumed building their three models and is slowly reshaping its network. Stock of new models is rolling out its French factory and a … [Read more...]
New car registrations slip to three-year low
The new car market stalled in July with registrations falling -5.0% to 140,154 units, according to the Society of Motor Manufacturers and Traders. The performance was the weakest for the month since 2022 and some -10.8% lower than in pre-pandemic 2019, demonstrating the market’s volatility and wider economic setting. Demand from private and fleet buyers … [Read more...]
Car finance ruling is confusing, say fleets
Uncertainty remains after Supreme Court ruling on car finance, said Paul Hollick, chair at the Association of Fleet Professionals. “We’ve gone from a situation on Friday where the Supreme Court verdicts suggested the worst risks for the motor finance sector had been removed, to one on Monday morning where the FCA’s intervention has reintroduced the … [Read more...]
Weekend roadtest: Toyota Land Cruiser Invincible
When you hit 70 years, most things that haven’t fallen off or out may be about to, but that is really the turning point in the case of the Toyota Land Cruiser. From prototypes developed before and after World War Two, the model that became the Land Cruiser was commissioned by the Japanese Government in 1951. Ever since it has become a story of global … [Read more...]
Production collapsing, but recovery maybe around the corner
UK new vehicle manufacturing declined by -11.9% to 417,232 units in the first six months of the year, according to the Society of Motor Manufacturers and Traders last week, but the foundations have been set for recovery. The decline was softened by a 6.6% increase in car production in June, although this was in comparison with last year when model … [Read more...]
Profitability warning with over-supply of cars
Oversupply could begin to push the new car market back towards the kind of peaks seen in the mid-2010s, members heard at a meeting of the Vehicle Remarketing Association. However, a return to nearer 2.5 million sales would be unlikely to represent real demand and would generally be accompanied by poor unit profitability for dealers, the event at BCA … [Read more...]
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