KIA will construct a new low-carbon-production electric vehicle manufacturing plant in Korea next year with first models rolling out two years later. The E-Forest manufacturing system is part of the Plan S sustainability scheme for purpose built electric vehicles to be given Kia, Hyundai and Genesis badges from the second half of this decade. Jersey Electricity has chosen to partner with Ohme, … [Read more...]
Finance News
Soaring bills to fuel SUVs
With over four million SUVs registered in the UK, hundreds of thousands of owners face paying more than £150 to fill up an empty tank as the average fuel soared this week. Car leasing comparison website LeaseLoco has uncapped the fuel tank capacities of some of the UK’s most popular large and mid-size SUVs and come up with some numbing numbers. Two of the most loved large SUVs in the UK, the … [Read more...]
Newslines 19 May
It now costs a few pennies short of £100 to fill a typical diesel car after the latest price hikes by fuel stations, says the RAC. The motoring body said petrol models were just behind at £92.20p for a 55 litres fill and they have never been so high. Ford of Europe together with 27 companies have joined an appeal to the European Union (EU) to ensure all new cars and vans in Europe are zero … [Read more...]
Rentals revving up business with consumers
Some daily rental companies are beginning to turn down fleet business in favour of higher margin consumer bookings, the Association of Fleet Professional is reporting. James Pestell, AFP Director, said that businesses were finding no vehicles were available using corporate rental online portals but then discovering that if they visited a rental outlet in person, they could hire a car or van at a … [Read more...]
Small fleets foresee growth to 2025
More than a quarter of fleets (a net 27%) expect to see growth in the number of vehicles they operate during the next three years, according to the 2022 Arval Mobility Observatory Barometer. The overwhelming reason cited by decision makers surveyed is that their company is expanding (mentioned by 81%), but human resource-related needs (21%) and plans to offer vehicles to employees without a … [Read more...]
Motorists are struggling as diesel hits record high
One in four motorists have struggled to afford the cost of driving in the past month, according to comparethemarket.com. The research, based on a national poll of 2,000 motorists, found one in three drivers (33%) is worried that they won't be able to cover the cost of driving in the coming weeks. Driving has become increasingly unaffordable, as 84% of motorists have spent more on fuel in the … [Read more...]
Rural Welsh less likely to make EV switch
Research by NFU Mutual, one of the UK’s leading mutual insurers, reveals that 45% of Brits would not consider buying an electric vehicle (EV) in the next 10 years, with battery range, lack of charging infrastructure and charging time among key worries. The insurer, which offers insurance tailored to electric vehicle (EV) owners, carried out a survey of 1,107 people across the country to discover … [Read more...]
We’re keeping cars longer and going further, says Co-op
Co-op Insurance has revealed that British motorists are quite literally in it for the long haul when it comes to their cars. Figures from the Driver and Vehicle Standards Agency reveal that over nine million vehicles – more than one in five of the 40.3 million on the road today – has over 100,000 miles on the clock. Data from the insurer also shows that the average age of cars it now insures … [Read more...]
SsangYong Cawdor widens footprint in Wales
Cawdor Cars of Llanybydder in Carmarthenshire has joined SsangYong Motors UK network, with immediate effect. Located at The Old Foundry in Llanybydder, the showroom displays the flagship Rexton, and newly facelifted Musso pick-up truck, along with the crossover Korando and the Tivoli compact SUV. Soon, the new pure electric Korando e-Motion will join the pack. Wyn Evans, group operations … [Read more...]
Tradelines 11 May
The first Aston Martin DBX707 has been built for a customer at the St Athan factory. Aston Martin took on 100 additional people for the new model’s assembly and the car is a progressive development of the first generation DBX SUV with enhanced performance and subtle styling and equipment changes but the DBXV8 and China-only straight-six cylinder versions continue. Honda has confirmed that its … [Read more...]
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