Exclusive findings from Close Brothers Motor Finance’s Dealer Satisfaction Survey reveal that most motor dealers (96%) are confident about business prospects in the market going into 2020, with almost six in 10 (58%) ‘very confident’. At a time when the new government and the Brexit extension offer a potential end in sight for the political turbulence, … [Read more...]
Finance News
EU car sales expected to fall over next two years
The improvement in registrations during November has been due to several factors and despite at least one less working day in most markets. However, IHS Markit still expects that passenger car registrations in the EU will fall in 2019, 2020, and 2021. Passenger car registrations in the European Union have recorded further growth during November, according … [Read more...]
Newcomers from Kia, Vauxhall and Suzuki
A new high specification ‘4’ grade has been added to the Kia e-Niro line-up, replacing the previous ‘First Edition’ model. Its standard equipment list is lengthy, and highlights include a new updated 10.25-inch touchscreen satellite navigation system with telematics system featuring UVO Connect Services, LED headlights with bi-function projection, ambient … [Read more...]
Repair don’t replace to cut costs
Allianz Insurance has launched a partnership with Plastic Surgeon, a specialist restoration company that focusses on engineered repairs to surface damage, rather than replacement. The partnership with Plastic Surgeon will bring many benefits including significant sustainability improvements, as targeted repairs will waste fewer materials. Since the project … [Read more...]
Newslines 17 December
Demand for the new Mercedes-Benz EQC in Europe is said to be behind a decision to delay the electric car’s debut in the USA. Tougher emissions standards for manufacturers by 2030 has led the company to stop developing petrol and diesel engines and ramp up ev production and the capacity will soak up models in Europe. An estimated 31.2m separate leisure … [Read more...]
Government urged not to pull the Plug-in grants
The BVRLA has joined forces with over twenty automotive, environmental, EV charging and fleet organisations to call upon the next government to pledge their continued support for the Plug-in Car and Van Grants. In a joint letter sent to the main party leaders today, the message from industry is clear. If the next government is serious about meeting its … [Read more...]
Tradelines 11 December
Zap-Map, the UK’s most popular electric vehicle (EV) charging digital platform, today announces the launch of a free voice-activated function on Google Assistant, allowing users to search for EV charge points using voice commands at home, work or on the move including while driving using hands-free voice commands. Available on Android and iOS mobile … [Read more...]
SUVs are driving up pollution, claim
The demand for sports utility vehicles is threatening the UK’s attempts to clean up the transport sector. Sales of new SUVs now outnumber electric vehicle sales at a rate of 37 to 1. In its 2019 annual Review of Energy Policy, published yesterday, the UK Energy Research Centre examines some of the challenges of meeting the 2050 net zero emissions … [Read more...]
EV values are sparking
Used electric cars are bucking industry trends by appreciating — rather than depreciating — in value, according to the UK’s fastest-growing automotive shopping site, CarGurus. Every day, CarGurus analyses millions of data points on hundreds of thousands of UK used car listings to calculate each car’s Instant Market Value (IMV) or fair retail price. Using … [Read more...]
Wales boost to new car sales
Wales has seen a dramatic turn-around in new car sales and bucked the national downward trend of this year. SMMT registration figures for November show a 7.62% leap to over 6,000 new models last month compared to 5,579 a year ago in Wales. Across the UK as a whole there has been a continuing decline and registrations dipped 1.24% to 156,621 new cars, with … [Read more...]
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