Finance News

Premiums continue to fall despite IPT hike

4 October 2019

Average premiums have continued to fall in the third quarter of 2019 indicating a trend of reducing premiums, according to the latest Premium Drivers report from comparethemarket.com. While premiums have historically fluctuated throughout the year, average premiums are now markedly lower than the same time last year. In Q3 2018, average premiums were £732. … [Read more...]

Diesel demand still significant

30 September 2019

While the anti-diesel rhetoric has turned a number of people away from diesel cars, an estimated 4m drivers remain convinced it is the right option for them and will be opting for diesel car next (13%), according to research from the Britain Under the Bonnet report from Close Brothers Motor Finance. However, concerns about taxes and the ability to sell … [Read more...]

Tradelines 18 September

18 September 2019

During the typical service lifetime of a car, nearly 60% of owners are never contacted by the sales team of that mainstream servicing dealer. This easily missed opportunity for future sales has been highlighted by Cooper Solutions which urges dealers to bring together their sales and servicing departments to nurture relationships and drive sales with the … [Read more...]

Car makers call for boost to charging points and Gov. incentives

11 September 2019

At the start of a new EU political term, the European Automobile Manufacturers’ Association is today urgently calling for a comprehensive plan to enable the transition to zero-emission mobility in Europe. This should include a major ramp-up of charging and refuelling infrastructure, as well as meaningful purchase incentives to stimulate sales, helping to … [Read more...]

Land Rover Defender returns

11 September 2019

Britain’s oldest 4x4xFar is back. Over 70 years after the model which became Defender was unveiled and three years after the last series was axed by Land Rover, a new 21st century model is a star of the Frankfurt motor show and order books now open for the first long wheelbase five-door models, followed soon after by a shorter wheelbase three-door model … [Read more...]

Newslines 10 September

10 September 2019

It is calculated that a million EVs will be sold in Europe next year. Figures from the Transport & Environment lobby group are based on manufacturers’ figures and will be realised by a boost in ev performance, improved combustion engines, reduced sales of high polluting cars and pooling of EV development among makers. Hyundai is the latest car maker to … [Read more...]

New mild hybrid Volvo XC90

6 September 2019

A new mild hybrid powertrain is debuting in the revised Volvo XC90. Volvo has introduced a series of upgrades for the seven-seat XC90, with new styling details, additional equipment, upgrades to petrol-electric plug-in versions and the UK debut of a new mild-hybrid powertrain. On sale now, the 2020 model year XC90 range is the first to offer Volvo's … [Read more...]

Tesla Model 3 outsold Ford Focus in August

5 September 2019

The all-electric Tesla Model 3 outsold the Ford Focus in Britain last month. In a major turnaround for battery powered cars, the mid-sized Tesla led a battalion of battery powered cars which saw registrations jump 377.5% as they powered ahead in new car sales. Fiesta and Golf topped the charts but the Tesla Model 3 achieved 2,000 registrations and beat the … [Read more...]

Latest Mercedes models prices’ confirmed

4 September 2019

The Mercedes-AMG A 45 S, CLA 45 S and CLA 45 S Shooting Brake are available to order now with prices starting from £50,570 for the A 45 S 4MATIC+, £52,145 for the CLA 45 S 4MATIC+ Coupé and £53,570 for the CLA 45 S Shooting Brake 4MATIC+. The A 45 S 4MATIC + Plus costs £56,570. The CLA 45 S 4MATIC+ Plus Coupé starts at £58,145, while the CLA 45 S … [Read more...]

Women put off by dealers go on-line car shopping