Land Rover is the most valuable brand for scrap overall, with the average price quoted for these vehicles sitting at 28.8% higher than the average. The quoted price is directly linked to the weight of the vehicle and with all Land Rover vehicles being large SUVs and 4×4 vehicles, they’re definitely one of the weightier brands when all models in their range are considered. The data is part of … [Read more...]
Finance News
EV sales are trickling ahead of last year
Five of the largest EV manufacturers in UK market increased their sales last month compared to 12 months ago, according to the latest data from New AutoMotive’s Electric Car Count. The monthly report is the most up-to-date and comprehensive electric vehicle sales data in the UK, and reveals that 15 out of 20 manufacturers are selling more EVs than they did a year ago. Despite Toyota’s CEO … [Read more...]
Government EV strategy needs rapid recharge warn Lords
The Government must do more to get people to adopt EVs, says a Lords Committee. "If it fails to heed our recommendations the UK won’t reap the significant benefits of better air quality and will lag in the slow lane for tackling climate change,” said Baroness Kate Parminter, Chair of the inquiry (below). The inquiry was launched in August 2023 to identify the main obstacles and barriers to a … [Read more...]
EV regs hit a million but petrol sales climbing too
Discounted business registrations meant Britain’s millionth battery electric car reached the road in January 2024, while the new car market grew 8.2% for the month, according to the Society of Motor Manufacturers and Traders. The first month of the year saw 142,876 new cars registered led by the Kia Sportage (above), which repeated its success of January 2022, and an UK uplift of 10,882 units on … [Read more...]
Best and worst cars to buy and own
When buying a new car, it’s always worth thinking about the potential resale value and how much it will depreciate over time. Some cars can prove to be very worthy investments, with their value increasing over time, while others may drop quickly in value as soon as they leave the forecourt. Elements such as age, condition, mileage and number of owners are all influencing factors, and there are … [Read more...]
British drivers love e-bay!
As one of the UK’s biggest online automotive marketplaces, eBay has revealed the most expensive parts and accessories of 2023, with performance engines, carbon fibre monocoques for high-end performance cars and exclusive number plates dominating the top 10. First and second places on the rundown of biggest buys for 2023 belonged to the performance car sector. Coming in first place was a BMW M5 … [Read more...]
Fleets looking at hydrogen after ev issues arise
Some fleet operators are starting to “take hydrogen seriously” as a fuel option because of issues they have encountered in operating electric vans, says the Association of Fleet Professionals. Paul Hollick, chair at the organisation, said that the forthcoming arrival of the Vauxhall Vivaro-e Hydrogen – really the first practical hydrogen-powered panel van available in quantity in the UK – was … [Read more...]
The answers at your finger-tips
It's coming up to the new number plate change and thousands of second hand models will be flooding the market, so specialist insurance broker ChoiceQuate has been looking at what buyers research most on-line, and the results may surprise you. Specialist insurance broker ChoiceQuote, has analysed search data to uncover the most asked questions on Google related to buying cars and car … [Read more...]
Tradelines 31 January
Specialist motor insurance loss adjuster Claims Management & Adjusting says new Office for National Statistics figures showing an 8% annual increase in vehicle thefts are shockingly unsurprising. According to the ONS’s latest Crime Survey for England and Wales instances of “theft or unauthorised taking of a motor vehicle” increased from 122,423 in the year October 2021 to September 2022, to … [Read more...]
Challenging future for suppliers, says CLEPA president
The automotive supply industry is the top private investor in research and development in Europe with €30 billion invested annually and accounts for 1.7 million direct jobs with 39,000 patents each year, said Matthias Zink, CLEPA president, but added that it will face a challenging future. He (right) told memberts of the European Association of Automotive Suppliers that 75% of the value … [Read more...]