More than four out of 10 dealers think used car buyers will stick with petrol and diesel cars for longer following the government’s decision to delay the new car electrifcation deadline to 2035. Startline’s November Used Car Tracker also shows that 29% believe the move will mean the used electric vehicle (EV) market will take longer to develop while 19% forecast that consumer demand for EVs will … [Read more...]
Newslines 28 November
Plans to rename SsangYong as KG Mobility have been dented by international law. KG Group, a local steel and chemicals company, completed the acquisition of the bankrupt SUV maker just over a year ago and renamed the company KG Mobility Corporation earlier this year but when it applied to register the English language name of KG Mobility as a trademark in April found the name had already been … [Read more...]
Toyota tops Professional range with Proace Max
The Toyota Professional range of light commercial vehicles offers greater choice than ever before, complemented by a commitment to customer care that will support Toyota’s continued growth in the sector. The new line-up stands out from the crowd with robust new styling across an extensive range that boasts class-leading load-carrying capabilities. Taking centre stage is the all-new Proace Max … [Read more...]
Tyre wear training courses for hard drivers
Fleets should consider driver training to counter the high level of tyre wear being reported on electric vehicles, suggest analysts at FleetCheck. The fleet software specialist says the additional weight and performance of EVs means that employees who drive company cars more aggressively are getting through sets of tyres much more quickly than would be expected. Peter Golding, managing director, … [Read more...]
Fleet administrators training course
A new course has been introduced by the Association of Fleet Professionals’ Fleet Academy in response to demand for training aimed at employees involved in fleet administration. The Fleet Vehicle Management Foundation is designed for people in fleet administrator, co-ordinator and customer service roles, and is suitable for those employed by both fleet operators and fleet service providers. The … [Read more...]
Used EV prices expected to fall in short term
Nearly half of dealers (46%) think the values and prices of electric vehicles (EVs) will fall following the government’s move to push-back the electrification deadline to 2035, as consumers take more time to make the switch. November’s new Startline Used Car Tracker also shows that 44% believe a corresponding rise in petrol and diesel prices and values will occur as customers stick with petrol … [Read more...]
Aging fleets create service boost for independents
Fleet use of independent garages is around a quarter higher for company cars and vans aged four years old compared to their one year old counterparts, shows research. New data from epyx shows that buying of service, maintenance and repair (SMR) shifts from 30% independent garage and 70% franchise dealer at 1-2 years old to 35%/65% at 2-3 years old, 40%/60% at 3-4 years old and 38%/62% at four … [Read more...]
Fleet discounts driving slight rise in new car registrations
October’s new car market grew by 14.3% to reach 153,529 registrations, 7.2% above pre-pandemic levels and marking the best performance for the month since 2018, according to the Society of Motor Manufacturers and Traders. The 15th month of consecutive growth was driven almost entirely by large fleet registrations, which grew 28.8% to reach 87,479 units. Private demand was stable at 62,915 … [Read more...]
Fleets warned of possible Chinese burn
Fleets need to check new entrant Chinese manufacturers for credibility before committing to buying their vehicles, FleetCheck is warning. Peter Golding, managing director at the fleet management software company, said that electric vehicle manufacturers from China were undergoing a period of rapid consolidation, and that some were likely to export simply as a survival strategy. “The Financial … [Read more...]
EVs price fall expected as fleets change
Second hand electric cars and vans are expected to dramatically fall in price as businesses contracts roll-over. According to independent transport research group New Automotive, companies now run around 475,000 electric cars, and 200,000 plug-in hybrids, most of which will be held for 2-4 years before being resold into the second-hand market for 50% of the original value. Thanks to … [Read more...]
