Jaguar Land Rover is ditching its internal combustion engines over the decade and will sell all-electric models, starting in 2024. It has also announced plans to offer hydrogen fuel cell models when demand and infrastructure support them and will expand its subscription rental service. The new Citroën C4 and ë-C4 is on sale. They come with five-years … [Read more...]
Finance News
Welsh hydrogen car gets Siemens UK support
One of the world’s leading technology companies has stepped in to boost plans and build hydrogen vehicles in Wales for global sale. Siemens UK has signed a memorandum of understanding with Riversimple, of Llandrindod Wells to make their Rasa car and a local delivery van. The car is already being prepared for trials with 12 drivers living in … [Read more...]
Lenders optimistic for 2021 despite sales slowdown
The Q1 2021 Industry Outlook Survey by the Finance & Leasing Association shows that the asset finance, consumer finance and motor finance industry see opportunities for growth over the next year despite the heightened uncertainty caused by the latest restrictions to deal with the Covid-19 pandemic and the UK's lowest January registrations for 50 … [Read more...]
Newslines 8 February
The new Vauxhall Mokka B-SUV sector family car is now on sale from £20,735 to £34,970 over the 26-model range. It is sold with 100ps or 130ps 1.2 petrol and 110ps 1.5 diesel engines and also as fully electric with a certified 201 miles charged range and is roomier inside than the previous generation Mokka. The all-electric Mercedes-Benz EQA series is now … [Read more...]
UK car sales hit 50 year low
Pressure is mounting for new car prices to be slashed after sales plunged to their lowest for 50 years in January. Buyers who cannot visit showrooms during lockdown and who are concerned about jobs and income have put the brakes on business and now manufactuers face fines if they cannot reduce their fleet average this autumn. More sales have moved on-line … [Read more...]
Grey clouds hanging over public transport
Grey fleet operations could see an explosion in vehicles over the next year as research shows an increasing number of people will shun public transport in favour of buying a car, FleetCheck is warning. Peter Golding (right), managing director at the fleet software specialist, pointed to a new Capgemini report that showed just 8% of people now see buses, … [Read more...]
EVs premiums cause for concerns
In a poll of 1,000 drivers almost one in 10 said they think electric car premiums would be more expensive, with one in eight of those aged 17-24 admitting this would potentially stop them buying. While it’s previously been difficult for young drivers to secure low-cost car insurance, as electric cars sales are rising, premiums are starting to … [Read more...]
Warranties surge as sales stagger
Warrantywise is one of Britain's largest car warranty companies and had a record year in sales growth. They are celebrating an outstanding 55% growth in sales year on year. Lawrence Whittaker, CEO of Warrantywise, attributes this to a number of reasons, "We've had a fantastic year for sales, and worked really hard on setting goals to … [Read more...]
Lockdown plans need checking
Drivers should ensure they are covered for the lockdown. Lee Griffin, CEO and one of the founders of GoCompare, said, "The pandemic is continuing to have a major impact on our day-to-day lives, including our driving habits. “To stay safe and avoid penalties, it’s important that drivers keep abreast of lockdown rules regarding car use and driving according … [Read more...]
UK car making lowest in generation
UK car making slumped last year to the lowest since 1984, hit by Covid-19 interruptions and a collapse in demand for most of the year. The car makers' body, the Society of Motor Manufacturers and Traders chief Mike Hawes said it was a "dreadful year" but added that a comprehensive vaccination programme might restore buying and … [Read more...]
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