Used electric cars and vans are expected to fall further in value in coming months, according one industry expert. The slippage might also see petrol and diesel models cut back by manufacturers to meet tightening ev sales targets by Government. Interference in the ICE market will have the effect of driving up values of existing models as a consequence. Used electric vehicle values could fall by … [Read more...]
Banks must finance more EV deals
Almost six out of 10 dealers (58%) believe that more support is needed from their motor finance providers to retail electric vehicles, shows new research. May’s Startline Used Car Tracker reports that 41% say their lenders are less keen to finance EVs, 10% want higher deposits from buyers and 5% charge higher interest rates. A further 5% say their lenders simply won’t touch EVs at all. Just … [Read more...]
Struggle to decarbonise needs Government push
If the logistics sector is to effectively decarbonise in line with the government’s 2050 net zero deadline more support will be needed to enable operators to do so, according to a new report by business group Logistics UK. The organisation’s Electric Vehicle Report 2023 demonstrates that factors including a lack of fiscal support and an inadequate public charging network are having a significant … [Read more...]
Newslines 15 May
Supercar club Auto Vivendi has added 12 new models to its collection in a week. Among the newcomers are Ferrari SF90, McLaren Artura (above), Lamborghini Urus Performante and Morgan Super 3, with more Ferraris and a Maserati MC20 Cielo coming soon. Over 27 million British drivers experience road rage at least once a month, mostly on the morning commute, reports iCompario business comparison … [Read more...]
Parts, people and processes are slowing repairs
Service, maintenance and repair issues mean that fleets are facing excessive vehicle off-road time, the Association of Fleet Professionals is reporting. Paul Hollick, chair, said AFP members buying SMR were regularly reporting a range of problems. Some of these, such as parts supply, were felt to be outside the control of suppliers - but others, including levels of communication, were more … [Read more...]
Tradelines 10 May
Responding to feedback from members, the Independent Garage Association (IGA) has added a new EV Practical Fault-Finding course to its suite of high-quality, cost-effective skills training. The one-day course will focus on real-world faults that have been identified by IGA members as frequently affecting their customers’ vehicles and will be delivered at various RMI training locations, with the … [Read more...]
Fleets warned over accelerated EV tyre wear
Fleet managers should be prepared for altered tyre wear rates on electric company cars and vans. As increasing numbers of fleets move to electric, the balance of SMR spend will alter, argues ATS Euromaster. EVs are expected to cost less to service, thanks in part to fewer moving parts and the absence of requirements such as oil changes, but tyre life expectancy is likely to change compared with … [Read more...]
Secure your van and livelihood
Builders, roofers, landscapers and the like will be ferrying specialist equipment in their vans to sites across the UK as spring arrives and work comes in. It’s kit that’s essential to someone’s livelihood. And that’s why it’s so important for tradesmen to ensure they’re protected from theft. With that in mind, Select Car Leasing ha provided tips on how to keep your van - and its content secure … [Read more...]
EV fleet challenge to smaller businesses
According to recent findings by Alphabet GB, small and medium-sized fleets are facing difficulties in transitioning to electric vehicles. While companies have the desire to initiate the switch to electrified vehicles, 45% of fleet managers claimed that they lack the required knowledge and time to take the crucial initial steps. A majority of businesses that operate with smaller fleets are still … [Read more...]
At-work drivers slammed for drink and drug use
The UK’s leading road safety charity, IAM RoadSmart, has expressed concerns around the percentage of at-work drivers who believe it’s acceptable to drive under the influence of drink and drugs. Research carried out by IAM RoadSmart, which surveyed the safety attitudes and behaviours of 2,010 UK motorists, found 31 per cent of those driving for work believe driving after using Class A drugs such … [Read more...]
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