Car dealers want the plug-in car grant maintained and a revision of vehicle excise duty changed to reflect whole-life emissions counted. “UK motorists should continue to receive incentives to ensure a consistent and successful transition to electric vehicles, in particular, this must include preserving the current plug-in grant”, said Sue Robinson, Director … [Read more...]
Finance News
Ford battered by Welsh registrations
New car dealers in Wales did better than most and saw the smallest decline in January registrations, down just 2.14% to 5,224 over 12 months previously. Ford was comprehensively knocked off top spot by Vauxhall with Corsa and Grandland X a long way ahead of the traditional best selling Fiesta and Focus models, according to the Society of Motor Manufacturers … [Read more...]
Diesel cars collapse in January new car decline
The UK new car market declined 7.3% in January, according to figures from the Society of Motor Manufacturers and Traders. Some 149,279 vehicles left showrooms as continued confusion surrounding diesel and clean air zones and ongoing weak consumer and business confidence continue to affect demand. Continuing low consumer demand was a key driver behind the … [Read more...]
After the fuel fright, freight calls for future to be fingerposted
The Road Haulage Association has set out its general approach to decarbonising the freight and logistics sector, calling on the Government to develop a 'freight roadmap' towards net zero and develop consistent, supportive policies to "give our members confidence to plan for a green future". Meanwhile, the Institution of Mechanical Engineers has published a … [Read more...]
Car makers call on Government to back drive to evs
It’s extremely concerning that government has seemingly moved the goalposts for consumers and industry on such a critical issue as ending traditional vehicle sales in 15 years, said the motor manufacturers body. Mike Hawes, SMMT Chief Executive said,“Manufacturers are fully invested in a zero emissions future, with some 60 plug-in models now on the market … [Read more...]
Mounting concern over Government “green plan”
The Government’s plan to bring forward the ban of petrol, diesel, and hybrid vehicles is ambitious, but does not have a basis on which to achieve it, said Brian Madderson, Chairman of the Petrol Retailers Association. Today, plans have been unveiled to move the date when non-electric cars are banned from 2040 to 2035, with a possibility of the date being … [Read more...]
Massive boost for UK ev maker
Hyundai and Kia have announced an £85m investment in UK-based electric van maker - and LowCVP member - Arrival. The money will be used by Arrival to scale up production of its electric van targeted at the commercial vehicle market. It comes days after Arrival announced a huge ev van order from UPS in the United States. The cash injection - which … [Read more...]
Newslines 3 February
Automobili Lamborghini and The LEGO Group announce the new partnership introducing the first ever Lamborghini super sports car by LEGO Technic, the building system that allows older kids and adults to create more advanced, complex models. The new series will launch this summer. Production of the three-year-old Mercedes-Benz X-class pickup is ending in … [Read more...]
Rethink on EV models for Aston Martin Lagonda St Athan
The brakes have been applied to electric vehicle plans at the Aston Martin Lagonda St Athan plant, it has been reported. The main investor behind a total £500M boost to the company’s balance sheet last week, fashion and motor sport entrepreneur Lawrence Stroll, wants plans and development rebalanced. Aston Martin president and chief operating officer Andy … [Read more...]
£500M “good” for Aston Martin & St Athan, Welsh Minister
Aston Martin’s St Athan project is rolling ahead and another 300 people are being interviewed for jobs as a further £500M investment is raised for the company today, writes Robin Roberts. A business consortium led by motor sport billionaire and Racing Point F1 team’s Canadian owner Lawrence Stroll has bought 45.6m new ordinary shares to make him executive … [Read more...]
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