The Government’s Spring Statement 2019 has outlined how April 2019 changes to vehicle-related taxes will hit fleets and drivers. Chancellor of the Exchequer Philip Hammond’s second Spring Statement was an update on the health of the UK economy and the state of the Government’s finances, rather than laying out any major new tax or spending … [Read more...]
Autonomous driving interest accelerates
Three in ten drivers (31%) now favour self-driving cars, up from one in ten (10%) a year ago, they told pollsters for the Britain Under the Bonnet report from Close Brothers Motor Finance. At a time when Government has recently announced plans for driverless cars to be on UK roads as early as 2021, the latest figures show how perceptions are changing and … [Read more...]
European car prices face rise but Japanese go down
Some european cars will rise in price under the Government’s proposed post-Brexit tariffs structures. The new tariff regime would mark a shift in favour of products from non-EU countries. Even so, they mean 82% of imports from the EU would be tariff-free, down from 100% now, while 92% percent from the rest of the world would pay no border duty, up from … [Read more...]
BREAKING NEWS; Infiniti close Sunderlnd, pull out of Europe
Nissan’s luxury Infiniti brand is ending production in Sunderland and pulling out of Western Europe. Production of the Q30 and QX30 will cease within months at the plant which was told just last month that it will not get the next Nissan X Trail SUV. The decision is likely to wipe thousands of pounds off the value of any UK Infiniti models and … [Read more...]
Dealers worried over deadline for petrol & diesel cars
Close Brothers Motor Finance’s Dealer Satisfaction Survey has found that two-thirds (66%) of car dealers believe the Government’s plans to ban petrol and diesel cars by 2032 will be too early. The qualitative survey of more than 200 dealers nationwide found that the vast majority (86%) believed the ban would cause another layer of confusion to the market, … [Read more...]
Avoid being driven to distraction
IAM RoadSmart has called for businesses to urgently tackle the issue of distracted drivers at the wheel and overhaul their safety at work policies – to help stem the tide of avoidable crashes on our roads. The UK’s biggest independent road safety charity has just published a white paper called Driving While Distracted: Challenges and Solutions, which … [Read more...]
Diesel shortages beginning to show, prices rising
New diesel car sales are falling so quickly that there could be shortages of them on the used market in the near future, says the Vehicle Remarketing Association. The organisation – which represent companies that handle, sell, inspect, transport or manage more than 1.5 million used vehicles every year – says that while new car diesel demand has plummeted, … [Read more...]
BMW drivers are UK’s worst, says insurer
GoCompare Car Insurance says BMW drivers are the worst in the UK. They are most likely to speed, run a red light or make an at-fault claim, according to data held by the insurer. A study by GoCompare Car Insurance has found that BMW drivers are the most likely to be convicted of an offence and cause a collision on the road. More than one in six BMW … [Read more...]
Extending ‘company car’ benefits
Interest is growing from businesses looking to provide vehicle solutions to their entire employee base including those not entitled to a company car, reports Arval. The vehicle leasing company says that employers increasingly want to offer a broader mix of vehicle solutions to more employees – and that a range of products including personal lease and … [Read more...]
Welsh car buyers spur sales
Welsh car buyers and dealers have bucked the UK trend and pushed up new car registrations in November by 1.03% to 5,579 models. This compares to a rise of 7.1% in Scotland with 12,407 new cars and 3,8% in Northern Ireland 3,253 while a decline of 4.1 %was experienced in England when figures dipped to 137,039, so the market in the UK went down overall by … [Read more...]
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