The German car industry could grind to a halt over energy costs faced by component suppliers. The major motor manufacturers have taken steps to fix their energy costs but further down the supply chain the smaller parts makers are said to be struggling and facing cost increases they cannot manage so want to renegotiate terms with their customers or cease … [Read more...]
Finance News
Safety gradings revealed
The latest Euro NCAP safety results have been released today, including seven vehicles that went through rigorous impact protection and crash avoidance testing and a separate Assisted Driving Grading for the Mercedes-Benz EQE. The Mercedes-Benz EQE’s Assisted Driving or ‘L2’ system has been rated ‘very good’, achieving the best overall score in testing to … [Read more...]
Newslines 17 October
Not only are there an insufficient number of electric charging points along the road networks in most EU countries, but the vast majority of these do not charge quickly enough, according to the European Automobile Manufacturers’ Association (ACEA). ACEA is alerting policy makers to this double problem – which risks stalling market uptake of electric cars – … [Read more...]
Drivers may delay EV purchases for five years
As many as 14% of drivers – more than ever before – say their next car will be electric, but the proportion of those expecting to be in an EV in the next five years has reduced in the last year, shows new RAC research with more than 3,000 drivers. While figures for the RAC Report on Motoring 2022 indicate the number of drivers planning to change their … [Read more...]
Your car is tracking and sharing information on you
October is Cybersecurity Awareness Month, in aid of this car and van leasing company Vanarama has conducted a study into the important question of privacy and data safety within connected cars. To do this, they compared the information that is collected from 10 of the biggest car companies, and revealed who can gain access to your information. Your car … [Read more...]
Newslines 14 October
It’s the end of the road for familiar Jaguar sports cars next year before it becomes an electric-only brand from 2025. To mark the final Model Year of F-TYPE and 75 years of Jaguar sports cars, customers can choose the new F-TYPE 75 or F-TYPE R 75 special editions with unique interior and exterior design elements, carefully curated specifications, and the … [Read more...]
Protection for parts supply until 2029
The Competition and Markets Authority has recommended that the existing retained Motor Vehicle Block Exemption is replaced with an updated UK-specific Motor Vehicle Block Exemption Order to stay in place until 2029. “We are pleased that the CMA understands there are issues with the existing MVBER which need to be addressed for a new UK MVBEO, including … [Read more...]
Employees missing out on tax break
Current conditions are hampering take-up of salary sacrifice with many failing to fulfil their potential as a result, said the Association of Fleet Professionals. The organisation says that although employees are keen in theory to join salsac schemes, the initiatives are being badly affected by a range of factors including highly restricted electric vehicle … [Read more...]
Car sales slowing across Europe
With the EU car market expected to shrink by over a quarter this year compared to pre-pandemic 2019 levels, the European Automobile Manufacturers’ Association is calling for a policy framework that enables the market to both recover and make the shift to zero-emissions. These include greater resilience in Europe’s supply chains, an EU Critical Raw Materials … [Read more...]
Tradelines 12 October
GWM ORA UK has appointed two major Lookers Group sites as official retailers for GWM ORA products, adding showroom locations in Wolverhampton and Braintree. These latest appointments further strengthen GWM ORA’s Retailer network ahead of official order books opening later this year after it appointed Peter Vardy for Scottish supplies. Jaguar Land Rover UK … [Read more...]
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