Britain will miss opportunities for a greener and more econoically stable future as a result of the European Commission’s €750 billion euro package unveiled this week to put climate change at the heart of the bloc’s recovery from the coronavirus pandemic, according to critics. Billed as the world’s biggest “green” stimulus, it aims to tackle the economic … [Read more...]
Finance News
Rental fleets face fundamental challenge from virus
The threat of coronavirus is likely to have a “fundamental” effect on the rate of adoption of mobility solutions by fleets, believes FleetCheck. Peter Golding, managing director at the fleet software specialist, explained that the issue was simple – most mobility solutions relied on multi-user use of assets at a time when sharing of almost any asset could … [Read more...]
Tradelines 27 May
Around 1,200 jobs are going at McLaren. The group’s applied technology, automotive and racing businesses will be hit, the company said in a statement, as the cancellation of motorsport events, the suspension of manufacturing and retail activities around the world and reduced demand for technology solutions dashed the group’s revenue generating … [Read more...]
SsangYong Tivoli gets revamped and refreshed
SsangYong Motors launches the new 20-model year SsangYong Tivoli into the UK market. The Tivoli facelift boast new exterior front styling, and the space and capabilities of a traditional SUV and features a whole range of enhancements to the outgoing model. It blends new stylish exterior and interior design with advanced safety and infotainment … [Read more...]
Newslines 26 May
British Finance Minister Rishi Sunak will rescue companies seen as strategically important on a “last resort” basis after other options run out. The Treasury told Reuters late on Sunday it may try to save those companies whose failure will “disproportionately harm the economy” and that could include Jaguar Land Rover which has been reported as seeking … [Read more...]
Sunday drive: On the road and in the news 24 May
With the continued absence of new cars to evaluate or product launches to attend I’m still sifting through newspapers and the dwindling supply of worthwhile press releases to keep readers in the picture as to what might be of interest in the motoring world, writes David Miles. It seems as though getting the country back close to normal life, if it ever will … [Read more...]
EV shocks for dealers
The move towards electric cars is going to be a shock for many car dealers, according to a new survey, writes Robin Roberts. While generally satisfied with manufacturers’ plans to introduce battery electric vehicles and hybrids, they are less happy about dealership costs and how they are going to make money in the longer term. Already coping with new … [Read more...]
Used cars recovering, expect prices to rise
The used car market is beginning to show signs of greater activity with the increase in the number of dealers transacting car sales online rising by the day. Now that socially distanced delivery has been introduced, both business and consumer confidence is starting to grow, and more dealers are being able to transact the whole purchase process in a more … [Read more...]
Cardiff’s luxury line-up revealed
A survey of supercar owners in Wales has thrown up a few surprises. Grange vehicles conducted an FOI request to the DVLA on supercar ownership to find out which luxury brands are the most popular with men and women across the country. It looked at popular brands including Aston Martin, Bentley, Bugatti, Ferrari, Lamborghini, Maserati, … [Read more...]
Newslines 22 May
Jaguar Land Rover’s Special Vehicle Operations division sold more than 9,500 high-performance models last year, up 64% on the year before, despite the virus pandemic impacting sales. Extremely strong demand for all seven SV vehicles has driven this growth along with an expansion to 100 SV specialist dealers around the world. Shadow Transport … [Read more...]
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