Finance News

Jams & bigger bills for commuters

16 June 2020

Longer jams and higher insurance premiums will welcome commuters when lockdown ends with indications of an almost doubling in private cars being used to replace public transport, particularly in Wales. Millions of drivers could see a spike in their motor insurance premiums in the coming months as the number of people driving to work increases and face … [Read more...]

Newslines 16 June

16 June 2020

Britain’s first end-to-end online car maintenance service provider revealed national survey results which show that UK drivers have not prepared their vehicles for summer holidays. Results from a national Fixter survey shows that 70% of Fixter customers are planning to spend their holidays in the UK this year and will rely on their cars for road-trips and … [Read more...]

Green label guide for new car buyers

15 June 2020

A survey commissioned by the Low Carbon Vehicle Partnership and the National Franchised Dealers Association found that motorists considering a new car are now more concerned about ‘going green’ – with 50% saying that environmental friendliness has become more important to them in the last year. In the same survey, despite today’s record low fuel … [Read more...]

Newslines 15 June

15 June 2020

A new 170mph Lancia Stratos two-seater sports car will be hand-built in a run of just 25 models by the newly created Manifattura Automobili Torino company. The legendary bespoke rally car of the 1970s will get a modified Ferrari 4.3V8 engine delivering 540bhp and it will be unveiled in the UK at the exclusive Salon Prive event in September at Blenheim … [Read more...]

Sunday drive: On the road and in the news 14 June

14 June 2020

Despite the roads-of-life starting to reopen with shops, businesses, car manufacturers and dealerships getting the wheels of business moving again, I’m still sifting through automotive news you might have missed until my first new model road test car arrives at the end of this week, says a hopeful David Miles. But for the foreseeable future the availability … [Read more...]

£1.2 Billion plant promises thousands of Welsh jobs

12 June 2020

A £1.2 Billion deal is close to being signed to bring over 3,500 and up to 15,000 jobs with a new massive car batteries plant adjacent to the Aston Martin Lagonda facility at St Athan, in the Vale of Glamorgan. UK start-up battery manufacturer Britishvolt has shortlisted the site at the former RAF base next to where AML (above) started making their luxury … [Read more...]

Slow pickup to England’s car sales after lockdown eases

10 June 2020

The industry is now one week into the post lockdown trading period in England and the question that concerned retailers nationwide has now been answered and that was whether there really would be consumer demand for cars, says Rupert Pontin, Director of Insights at Cazana. Indications both anecdotal and factual reflect the fact that consumers have returned … [Read more...]

Newslines 9 June

9 June 2020

Vehicle owners in the UK will be given £6,000 towards a new electric car if they scrap their current petrol or diesel model, according to media reports. The announcement is scheduled to be made on 6 July in a bid to boost the flat UK car sales and the impending new number plate change coming in September, but some believe it will only keep up high prices of … [Read more...]

Fiat launch ‘Pay As You Go’ deal

8 June 2020

Fiat has become the first car firm in the UK to launch a ‘Pay As You Go’ finance deal where the average commuter can drive a brand-new vehicle to work for less than £10.50 per day. The government continues to advise against the use of trains and buses where possible, despite lockdown starting to ease. And research by Fiat has revealed 35 per cent of … [Read more...]

Greener light for German motor industry