Wales’ largest dealer groups, Days, saw its turnover rise but pre-tax profit fall last year. Companies House accounts for the year ended December 31, 2023, show the new and used cars business with 18,000 strong rental fleet, and one of the Car Dealer Top 100, reported an 11% increase in turnover from £257.774m to £285.195m but its profit before tax sank … [Read more...]
New vans shortage spurs second-hand sales
Four out of 10 fleets plan to start utilising second hand vans in the next three years, according to new figures. The research also shows that 16% of operators are already using preowned light commercial vehicles. The findings are taken from the 2024 Arval Mobility Observatory Fleet & Mobility Barometer, which questioned 8,605 businesses in 30 … [Read more...]
New government must power up EV affordability
Half of motorists (50%) say the government should do more to make electric cars affordable, according to new research. June’s new Startline Used Car Tracker also finds that 35% believe action should be taken to make electric cars easier to buy, 34% that more money should go into making chargers more widely available, and 26% that power from chargers should … [Read more...]
Emissions are biggest upcoming challenge for fleets
Implementing zero emissions policies will be the number one issue facing fleets over the next three years, according to new research. Almost four out of 10 (39%) fleet decision makes named this as their biggest challenge, followed by adapting to low emissions zones (38%), adjusting to restrictive public policies on petrol and diesel (37%) and mitigating … [Read more...]
Major cause of MoT fails down to electrics
Faulty electrical equipment accounts for the majority of defects found during MOT tests, according to new research. The research, conducted by Vansdirect, looked at the MOT testing data for Great Britain over the last 12 months, ranking the most common defects found in class 3 and 4 vehicles. The subsequent analysis found that lamps, reflectors, and … [Read more...]
Bigger tyre bills are rolling up costs
Fleets are paying out more money for fashion-led bigger wheels and tyres than a few years ago. The percentage of company cars being fitted with 18 inch-plus tyres has increased by a third in three years, new data released by epyx shows. In the first quarter of 2021, 42% of cars fitted with tyres through the business’s TyreServe service were 18 inches or … [Read more...]
BEVs are trickling along
Battery EVs continued their best ever start to the year, as sales in the first 5 months of 2024 rose 10% on the same time last year, whilst the market share of BEVs in new car sales reached 17.9%. Total car sales were up just under 2.2% in May 2024 on May 2023 levels, but pure petrol and diesel sales cratered over the same period, falling from 55% to 45% … [Read more...]
EV revolution literally gathers pace
It's green for go. The green flash on UK number plates is going to appear on more pure battery vehicles cars this year than ever before and some of the cars behind the plates are not run of the mill models but bursting with performance. potential. British motorists can enjoy more battery electric vehicle choice today than ever before, with 29.3% of models … [Read more...]
British drivers paying most in Europe for diesel
The UK now has the dubious honour of having the most expensive diesel in Europe despite the current 5p-a-litre fuel duty discount introduced in March 2022, new data from the RAC reveals. The average price of diesel at UK pumps is currently 155p which makes it 5p more expensive than both Ireland and Belgium on 150p, based on the latest European data … [Read more...]
Fleets launch Tax and Regulation Manifesto
A revised Tax and Regulation Manifesto has been launched by the Association of Fleet Professionals ahead of the General Election on 4 July. The first edition of the document was created in 2021 and revised early last year. This latest version has grown to 24 points from the original 13, something that underlines the growing number of issues that fleets are … [Read more...]
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