Drivers in Wales are the most likely in the UK to change their car despite the Covid-19 epidemic. A third of car buyers decided not to purchase this year due to the Covid-19 outbreak but the result vary across the country and Welsh drivers are most eager to change. A poll for the CarGuide website also showed a worrying national intention of 32% this year and 36% not planning to buy a car in 2021 … [Read more...]
Finance News
Newslines 22 September
Sales of alternative fuel vehicles have overtaken diesel for the first time with 33,000 pure electric and hybrid cars registered between April and June, compared with 29,900 diesels, according to The Department for Transport. Research from Close Brothers Motor Finance found that pre-lockdown a third of drivers planned to buy a green vehicle next, while petrol and diesel were seeing a downward … [Read more...]
True costs of tolls exposed
Not only do we have to deal with traffic and all the other nuisances of our daily commutes, but the really unfortunate ones among us have to pay to get to where they want to go and pay again to get home, particularly annoying if it’s to be done every day to get to work. How much do you end up having to pay just to get there and back? That’s something we’ve been thinking about here at Leasing … [Read more...]
EU must support motor industry green drive
The auto industry supports the European Union’s long-term goal of climate neutrality by 2050 and wants to play its part in making Europe the first climate-neutral continent. The European Automobile Manufacturers’ Association takes note of the ‘2030 Climate Target Plan’ unveiled today by the European Commission. “It is clear that the EU strategy needs to be reviewed and adapted periodically to … [Read more...]
Tradelines 16 September
Forty-seven per cent of respondents to a Vehicle Remarketing Association snapshot survey say they are currently facing issues affecting their work-life balance – but 89% say they are “somewhat confident” about coping with the stress caused. The snapshot survey also asked members what coping techniques they were using and the answers ranged from golfing and finding time to spend with friends to … [Read more...]
Premiums and write-offs lower in Wales
Insurance premiums in Wales have dipped by about 5% over the last 12 months, as a report shows fewer cars are written off in Wales after accidents. The change was less over the summer at approximately 3% compared to the summer of 2019, according to figures from Comparethemarket. In Wales this year, the average premium is £572.33p and the UK figure is £695. While the British average has not … [Read more...]
Car makers’ warning on prices after Brexit
There will be severe repercussions for the European motor industry if there is no free trade agreement Britain before the end of the year and motorists will have to pay more for models. That's the stark warning this week from the car makers' body, ACEA, which includes the Society of Motor Manufacturers in Britain, who warned a disorderly future could cost over £101 Billion by 2025. In a … [Read more...]
Newslines 15 September
Daimler will pay a $875 million or £681.30 million civil penalty for violating US clean air laws as part of a $1.5 billion settlement with US and California regulators over excess diesel emissions in passenger vehicles and vans, two people briefed on the matter said. It relates to claims over 250,000 US diesel cars and vans after the automaker used software to evade emissions rules. Former … [Read more...]
Newslines 14 September
The next Nissan Qashqai will not go into production in Sunderland for another six months. A report said the plant could not be readied in time for this autumn’s planned build due to restrictions imposed on suppliers in the wake of the coronavirus lockdown. Custom-engineered Turanza Eco tyres with environmentally friendly Enliten Technology are original fitment on the new Volkswagen Golf 8. The … [Read more...]
Newslines 10 September
The new era 630hp Maserati MC20 sports car has been unveiled with its 3.0V6 engine to follow the success of the MC12 supercar. Its 1,500kg weight gives it a 2.9 secs time to 60mph and maximum close to 190mph, and there will be racing versions after it goes into production at the end of 2020. Ex-VW chief executive Martin Winterkorn and other senior executives are facing serious commercial fraud … [Read more...]
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