More than one in four car and van fleets are predicting growth within the next three years, according to new results from the 2025 Arval Mobility Observatory Fleet and Mobility Barometer. Overall, 28% of respondents say they expect their vehicle numbers to rise, which is a fall on the 38% reported in 2024. However, 65% say the situation will be stable and … [Read more...]
Brakes applied to green targets in Britain
Britain’s drive towards zero emissions is slowing down. Today, the Government announced a relaxation of electric vehicle sales targets to help the car industry in the face of trade tariffs from the US and a slow take up for pure electric cars with manufacturer incentives costing them millions of pounds. It is what the motor industry and component suppliers … [Read more...]
Manufacturers push up March registrations
The new car market benefitted from a 12.4% boost in March as uptake rose to 357,103 units, according to the latest figures from the Society of Motor Manufacturers and Traders. This growth, in the most important month of the year for the new car market, builds on the March 2024 performance, where uptake rose by 10.4%. As a result, this year’s ‘new plate’ … [Read more...]
EV sales are rising, but change is seen ahead
Last month, UK broke a new record for the number of EVs registered in a single month: 68,000, more than 20% higher than the previous record set in September 2024. Figures to be released this morning by the SMMT will show that completed a winning Q1 for EVs, which saw the UK register more BEV cars in three months than Norway did in the whole of 2024 and it … [Read more...]
Europe slows down on drive to zero emissions
The EU has applied brakes to its proposed emissions tightening in the face of lobbying by car makers. But the decision has been criticised by environmental group T&E who say "green-car" sales were improving and moving towards the production limits dictated by the lawmakers. The delay to EU car climate rules mark the final concession to European … [Read more...]
Easter getaway begins with lower fuel prices
Fuel prices are falling as the Easter Getaway begins in England and schools shut for two weeks. Petrol and diesel prices fell for the first time in six months in March, bringing relief to drivers as millions look forward to taking to the roads for a break over Easter, new RAC Fuel Watch data shows. At the end of March, the average price of a litre of … [Read more...]
Car parts becoming unprofitable to produce
Europe's parts' makers are bracing for a turbulent year ahead, as the latest industry survey reveals 42% of suppliers think they won’t be profitable in 2025. New insights from CLEPA and McKinsey’s bi-annual survey, with input from 120 companies, shed light on the industry’s business climate, key trends, and pressing challenges: A deepening sense of … [Read more...]
More taxing times from today for new car owners
Less than half (48%) of drivers are aware of April’s increase in first-year rates for Vehicle Excise Duty (VED) - despite facing potentially substantial increases. As a result, drivers buying new cars this year might not fully understand the costs involved, meaning they could be choosing vehicles they can’t afford without realising it. VED is the yearly … [Read more...]
Statement fails to offer relief
The Spring Statement this week was a missed opportunity to get Britain moving, claims one businessman. Paul Holland, Managing Director for UK/ANZ Fleet at Corpay, including UK brands, Allstar and Keyfuels said, “Chancellor Rachel Reeves has delivered her Spring Statement and at the time of writing our concerns that there would be little in the way of … [Read more...]
Statement gives some motorists relief
Motorists can get some relief from today's Spring Statement by the Chancellor. John Cassidy, Director of Sales at Close Brothers Motor Finance said, “The Chancellor reconfirming her pledge to extend the freeze of fuel duty, as well as the temporary five pence cut, until March 2026, will offer a glimmer of relief to motorists concerned about the soaring cost … [Read more...]
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