Europe's parts' makers are bracing for a turbulent year ahead, as the latest industry survey reveals 42% of suppliers think they won’t be profitable in 2025. New insights from CLEPA and McKinsey’s bi-annual survey, with input from 120 companies, shed light on the industry’s business climate, key trends, and pressing challenges: A deepening sense of … [Read more...]
Finance News
FleetCheck eyes bigger businesses with tech
FleetCheck is launching a product specially designed for the large fleet sector for the first time at Commercial Vehicle Show 2025 at the end of this month. Called FleetCheck Enterprise, the fleet management software platform is aimed at corporate users, vehicle leasing companies and other major operators. Developed from existing core FleetCheck … [Read more...]
Breakdown worries rise in the dark
The study by breakdown cover provider ALA Insurance found that a significant percentage of UK motorists feel vulnerable when stranded on the roadside at night, with 38% of respondents admitting they would feel unsafe. Over half (56%) feel unsafe in sparse rural areas and this feeling is also echoed on unlit roads (55%), highlighting concerns about isolation … [Read more...]
More taxing times from today for new car owners
Less than half (48%) of drivers are aware of April’s increase in first-year rates for Vehicle Excise Duty (VED) - despite facing potentially substantial increases. As a result, drivers buying new cars this year might not fully understand the costs involved, meaning they could be choosing vehicles they can’t afford without realising it. VED is the yearly … [Read more...]
Cost is keeping fuel levels low, says Uswitch
Driving with low fuel can impact a car's health as well as increase the chance of breaking down, so why do some drivers take the risk? Uswitch car insurance recently conducted research to explore UK drivers' refuelling habits, examining how long they wait to fill up, what prevents some from filling up their full tank, and their awareness of the … [Read more...]
Tuf Treads £3M investment goes ahead
One of Wales’ leading providers of tyre services will open a new £3M facility to give new life to old tyres, with Welsh Government support. Tuf Treads, in Carmarthenshire, will save old tyres from landfill by using them to produce premium re-treaded tyres using latest manufacturing technology. Re-treading gives suitable tyres a new start once the original … [Read more...]
Statement fails to offer relief
The Spring Statement this week was a missed opportunity to get Britain moving, claims one businessman. Paul Holland, Managing Director for UK/ANZ Fleet at Corpay, including UK brands, Allstar and Keyfuels said, “Chancellor Rachel Reeves has delivered her Spring Statement and at the time of writing our concerns that there would be little in the way of … [Read more...]
Brands’ boycott looming after tariffs take hold
A majority of Brits say they will boycott brands from a country imposing tariffs on UK models. Almost six out of 10 people (59%) say they are less likely to buy a car from a country imposing tariffs on UK-made models. While the UK imports comparatively low numbers of US made models, there could be reaction to brands with US links, such as Tesla (shown … [Read more...]
Personal plates you can lose overnight – and forever
Thousands of private number plate owners will forever lose their registrations due to a rigid DVLA rule that provides no second chances, even if an owner was never properly notified, says a Welsh specialist business. Many retained plates are already expiring and the government has made it clear that once they’re gone, they won’t be reinstated. Antony … [Read more...]
Statement gives some motorists relief
Motorists can get some relief from today's Spring Statement by the Chancellor. John Cassidy, Director of Sales at Close Brothers Motor Finance said, “The Chancellor reconfirming her pledge to extend the freeze of fuel duty, as well as the temporary five pence cut, until March 2026, will offer a glimmer of relief to motorists concerned about the soaring cost … [Read more...]
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