The average price that motorists are paying for their motor insurance continues to remain at a four year low according to the ABI’s latest Motor Insurance Premium Tracker. The ABI’s Tracker is the only survey that looks at the price consumers pay for their cover, rather than the price they are quoted. The average price paid for comprehensive motor … [Read more...]
Finance News
Aston Martin to get future Mercedes powertrains
Aston Martin's future electrified vehicles will have Mercedes-Benz powertrains when they go into production in St Athan in a few years. The technical deal is part of a massive investment by Daimler taking a 20% stake in the British luxury car-maker over the next three years. The two have been working together since 2013 when MB supplied petrol engines to … [Read more...]
Call for clarity on new BIK tax until 2030
New company car benefit-in-kind tax tables should be provided up to 2030 if the Government adopts this date as its new electrification target, says the Association of Fleet Professionals. The industry body said it had been widely reported that an announcement would be made during November to halt sales of internal combustion engined vehicles by the end of … [Read more...]
Pressure mounts to help auto-sector
Leaders of the European Automobile Manufacturers’ Association want EU policy makers and national governments to raise support to the auto sector. It continues to grapple with the fallout of COVID-19 while already at a critical juncture on the road to carbon neutrality. Indeed, the corona crisis has rocked the EU auto industry, leading to production losses … [Read more...]
Combo delivers for young tradesmen
The Vauxhall Combo is revealed to be the best van for younger drivers starting out a new career in a trade or making their first purchase. Confused.com analysed 15 of the highest-rated small, medium and large vans across 10 metrics to determine which ranked best in terms of affordability and practicality, to determine which is the best model for young … [Read more...]
Grey fleets not black and white for home-workers
The rise of home working in the wake of the coronavirus crisis is creating issues for fleets when it comes to classifying journeys, says the Association of Fleet Professionals. Describing the problem as “The New Commute,” the organisation says that problems revolve around whether an employee’s home is now officially their place of work. Paul Hollick, AFP … [Read more...]
Retail pricing becoming more volatile as shortages ease
Under normal circumstances, September would be a month of celebration and investigation for the industry as a whole with new car registrations taking priority over the used car business within retailers nationwide. However, 2020 has been a unique year so far and this time September has been a month fighting to sustain the recovery that started in June when … [Read more...]
Newslines 20 October
This year’s RAC London to Brighton Veteran Car Run is cancelled on 1 November due to Covid-19 restrictions after being staged without interruption since 1947. The event has been planned for 7 November 2021. Car dealers in Wales will have to close showrooms from Friday evening under the Welsh lockdown law. They will be allowed to run virtual showrooms and … [Read more...]
Renault Trucks commission first UK evs
Renault Trucks will partner with two of the UK’s leading brands in announcing the sale of its first two 100% electric medium duty vehicles. Warburtons, the UK’s largest bakery brand, is introducing the first Renault Trucks D Z.E. 16t. Equipped with box body with rear side door and tail lift by PPS Commercials, this distribution model will join … [Read more...]
Automotive jobs disappearing is worrying, say suppliers
A calculated 100,000 automotive jobs will disappear across Europe over the next 12 months due to the COVID-19 outbreak, and nearly half will be in the supplier sector, according to parts cluster body CLEPA. Secretary general Sigrid de Vries (right) has pulled together the figures from manufacturers and industry observers and said the conclusions show how … [Read more...]
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