Fears over the future residual values of internal combustion engine cars and vans are increasingly helping to drive fleet adoption of electric vehicles, FleetCheck is reporting. Andy Kirby, customer success director, said that worries were being expressed across its outright purchase user base that demand for used petrol and diesel vehicles might start to … [Read more...]
Finance News
Slashing costs of electric vehicles
A new employee benefit initiative, The Electric Car Scheme, has launched. Staff across the UK are now able to submit a request for a heavily discounted electric car through their employers, in a similar vein to the popular Cycle to Work scheme. This high-demand new staff benefit is a UK Government tax incentive and works via a salary sacrifice scheme. … [Read more...]
Newslines 21 January
Cardiff has come tenth in a list of the best UK cities for electric vehicles. Looking at charging points, costs, population and power outputs of points, Forbes Advisor put the Welsh capital alongside Brighton but they are a long way below top ranked Sunderland and Coventry. The cost of car insurance has increased by £64 year on year, according to the … [Read more...]
Sustainable fuels offer a breathing space
Sustainable fuels would provide a breathing space until full electrification and a charging network throughout the UK is working. That's the view of Coryton blended hydrocarbon fuels. Few deny that electric vehicles run on renewable energy and produced in an environmentally and socially conscious way is the ultimate goal that road transportation needs to … [Read more...]
Seven ways to slash car insurance
The fastest rise in the cost of living for a decade is going to put more pressure on hard-pressed families this year, so saving money on day-to-day expenses is all the more important. Fortunately, when it comes to motoring insurance there are straightforward ways to keep costs down. Car insurance comparison website Quotezone.co.uk offers some handy tips to … [Read more...]
Car club to cut costs not corners
There is no denying that being at the wheel can be both fun and relaxing. But do you really need to own a car in order to enjoy your driving? The reality is that car sharing is one of the best solutions to save on vehicle expenses and benefit from the freedom of moving around whenever it suits you. Richard Falconer, Managing Director of Co Wheels Car … [Read more...]
Motoring costs revealed across Europe
Copenhagen is the most expensive European capital to own a car with London a close second. Denmark’s capital is the priciest place for motorists, coming out as the most expensive based on our index of 43 cities. London isn’t too far behind, living up to its reputation for being a costly capital in the number two spot, according to analysis by Vehicle … [Read more...]
Countdown to saving car insurance
Drivers could be missing out on significant savings by not switching their insurance policy at the optimum time, according to comparethemarket.com. Ursula Gibbs (below), director of comparethemarket.com, said,“Insurance pricing can be complicated, and insurers use a wide array of factors to decide the cost of a policy. "However, our figures clearly show … [Read more...]
Welsh engineering company closes after 75 years
Allevard Springs will close its South Wales car components plant. About 60 jobs will go. The company moved to Tonypandy as part of the UK Government’s encouragement to boost jobs in South Wales following WW2 and it started production in 1947 for Land Rover. Work expanded and it was a significant supplier to car and light commercial vehicles over the next … [Read more...]
New bespoke sports car moves production to Italy
Manifattura Automobili Torino, a boutique car manufacturer, and Jannarelly Automotive, a designer and developer of ultralight sports cars, have entered into a Memorandum of Understanding to collaborate on automotive design, engineering and production projects. The two businesses will kick-off their collaboration by transferring production of Jannarelly’s … [Read more...]
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