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...]
Finance News
£1.2 Billion plant promises thousands of Welsh jobs
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
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
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
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
Germany’s green rescue package points the way for Europe. The German rescue package announced last week will help fight the worst economic shock in decades by transforming the economy to make it greener and stronger, said environmental group Transport & Environment. Under the plan, €2.2 billion will be spent on incentivising electric cars and car … [Read more...]
Sunday drive: On the road and in the news 7 June
Although the lockdown measures have eased with some people already back at work, or they should be working from home, some schools in England open for some age groups, most car dealerships ready for business with some car manufacturing plants already producing vehicles even if in limited amounts and sporting events happening again under restrictive measures, … [Read more...]
Fuel prices fall but rise coming, says RAC
The average price a litre of unleaded petrol fell below the 106p mark in May, the first time in more than four years that the price has dropped to this level, although drivers should be braced for the start of price rises, suggest latest RAC Fuel Watch data. As the lockdown in England was eased and more drivers headed onto the roads, the cost of refilling a … [Read more...]
Bentley cut jobs and JLR get massive Chinese loan
Bentley is cutting about 1,000 jobs, a quarter of its workforce at Crewe, due to a fall in sales for the 101 year old company. It had increased sales last year by 5% to 11,000 models but the pandemic fallout hit them hard and now it’s preparing to offer voluntary redundancy to many before making redundancies. Jaguar Land Rover has entered into agreements … [Read more...]
Welsh car dealers doing better than expected
New car sales have faired better in Wales than the rest of the country this year. The Society of Motor Manufacturers and Traders show sales so far this year in Wales amounted to 19,042, some 45.5% below the same five months in 2019 but a smaller dip than England, Scotland and Northern Ireland, however only 685 cars were registered last month about tenth of … [Read more...]
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