The car-makers want detailed talks with British Government in the light of the corona virus and implications for the industry struggling with falling demand. The industry employs over 823,000 in Britain and Mike Hawes, SMMT Chief Executive said, “We welcome the additional and significant emergency support for business announced by the Chancellor. “The UK … [Read more...]
Finance News
Dealers seek Government help
The retail automotive sector employs 590,000 people in the UK and businesses must be protected through supportive fiscal measures during the outbreak of the Coronavirus, said Sue Robinson, Director of the National Franchised Dealers Association. NFDA yesterday wrote a letter to the Chancellor of the Exchequer, the Rt Hon Rishi Sunak MP and Alok Sharma, … [Read more...]
Two-wheeler sales rising as cars fall
February 2020 has delivered a strong 3% increase in motorcycle sales compared to last year, improving a typically quiet month, said Stephen Latham, Head of the National Motorcycle Dealers Association which represents motorcycle retailers across the UK. Some 4,607 new motorcycles were registered in February, up from 4,473 in February 2019. In terms of … [Read more...]
Budget of hope to smooth rough ride ahead
The Budget provides something for today’s and tomorrow’s drivers, said RAC head of policy Nicholas Lyes. “Today the Chancellor has given a boost to drivers of today’s vehicles with a fuel duty freeze while also investing in tomorrow with funding for rapid charging hubs for electric vehicles, an extension to the plug-in car grant, funding to repair Britain’s … [Read more...]
Traders attack new consumer advice
Car dealers and auction houses have fallen out with trading standards officers. “It is disappointing that following a number of responses, including our detailed comments on the draft guidance consultation, the Chartered Trading Standards Institute has ignored the majority of the issues NFDA had outlined alongside other industry trade bodies”, said Sue … [Read more...]
Call for Budget rethink on VED rebates
Today's Budget should be used as an opportunity to re-examine the impact of Vehicle Excise Duty on rental companies and other businesses that keep new vehicles for less than a year, says Meridian Vehicle Solutions. Phil Jerome, managing director at the medium-term rental specialist, said that the current inability to obtain a full refund on any outstanding … [Read more...]
TVR apply to convert Rassau building into car plant
TVR has moved closer to building its new Griffith supercar after a planning application to refurbish the existing factory site has been submitted. According to Business News Wales, an application was submitted to Blaenau Gwent County Borough Council for a former board factory on the Rassau Industrial Estate, Ebbw Vale. A Welsh building firm has been … [Read more...]
Warning over collapsing dealer networks
Localised franchise dealer networks are “likely to remain important to fleets” says fleet software specialist FleetCheck following news that more are to close. Peter Golding, managing director at FleetCheck, said that a long-term situation was being created where many businesses were having to travel further for routine servicing, maintenance and … [Read more...]
Row erupts over Welsh road and parking charges
Welsh Conservatives have angrily reacted to plans for Motorists in Wales paying road tolls, congestion charges, workplace and out of town parking charges under a review ordered by Minister of Economy and Transport Ken Skates. He has appointed Derek Turner, who worked on the London congestion charge scheme, to study the implications for users and businesses … [Read more...]
Call on Chancellor to push green drive
With the ban on new diesel and petrol cars brought forward to 2035, wednesday’s Budget is the time for the Government to put its money where its mouth is. There’s no doubt that alternative fuel vehicles are the future, but the motor industry needs support if it’s to hit the goal, said Seán Kemple, Director of Sales at Close Brothers Motor Finance. “For … [Read more...]
- « Previous Page
- 1
- …
- 175
- 176
- 177
- 178
- 179
- …
- 211
- Next Page »
