Britain awarded £110 million to help boost manufacturing of electric vehicle batteries, including a project to build the country's second purpose-built electric battery plant and another to make the technology more powerful. The funding for 38 projects, including £62 million for low-emission cars and £31 million for self-driving vehicles, will help … [Read more...]
Finance News
Tradelines 12 April
McLaren Automotive is celebrating the beginning of full production of the new 720S supercar, with the completion of the ‘Job#1’ car. The move to full production marks the beginning of a new chapter in the McLaren Automotive story, as the second generation of the Super Series – codenamed ‘P14’ – replaces the first generation, ‘P11’ model family … [Read more...]
Tradelines 29 March
Imminent changes to Vehicle Excise Duty mean consumers have just days to secure a deal on a new car before tax rates soar by up to 2475%.Analysis by What Car? indicates the cost of taxing a car purchased after 1 April 2017 could be up to 25 times more, with even some of the most environmentally friendly plug-in hybrids commanding sharp tax increases and … [Read more...]
Newslines 21 March
Analysis of Porsche trading figures revealed by Automotive News Europe show the company made almost £14,000 profit on each model sold around the world last year. By contrast, Daimler and BMW made about a third of that return. French investigators have cleared Opel of any diesel emissions cheating in its testing operations. But the watchdog has sent … [Read more...]
Budget 2017 – what it means to you
Chancellor of the Exchequer Philip Hammond delivered his first Budget speech today. It was also the final spring Budget as Mr Hammond announced in last November’s Autumn Statement a rescheduling of the two major fiscal-related announcements of the Parliamentary year. Starting in the autumn, Britain will have an Autumn Budget announcing tax changes … [Read more...]
Car tax changes confuse drivers
Two-thirds of Welsh drivers are unaware of the new car tax laws coming into force from 1 April. The research by Confused.com also revealed only one in 10 UK drivers understand the new car tax laws and two out of five UK drivers say the new charges would discourage them from buying a 2017 plate. Amanda Stretton, Confused.com’s motoring editor, said, … [Read more...]
Tax changes confusing companies
Fleets are increasingly seeking external advice to work through the implications of new tax regulations that will take effect from April this year, reports Arval. The vehicle leasing and fleet management company says that the headline changes – affecting Benefit in Kind for drivers entitled to a cash option or a company car, salary exchange schemes and … [Read more...]
Diesel can still play a useful role
Diesel still has an important role to play for many fleets despite calls for a scrappage scheme designed to improve air quality by removing older vehicles, says Arval. The vehicle leasing and fleet management company believes that such initiatives can be very effective in removing old and inefficient vehicles, but there is a risk that all diesel vehicles … [Read more...]
High mileage owner benefit launched
Fleet Evolution, one of the country’s leading providers of car salary sacrifice schemes to SMEs, has launched a scheme to give drivers who cover a lot of miles peace of mind when it comes to their vehicles. The newly-announced Employee Car Ownership (ECO) scheme will allow employees who do high business mileage to own a company car with employer volume … [Read more...]
Newslines 20 February
As Welsh Government scrutinises a detailed financial proposal to build the £425M Circuit of Wales, it has emerged that nearly £1M was given by the developers to another consultancy headed by the project's chairman. Michael Carrick set up the Heads of the Valleys Development Corporation, which has received £9M grants and loans from Welsh Government for … [Read more...]
- « Previous Page
- 1
- …
- 211
- 212
- 213
- 214
- 215
- …
- 218
- Next Page »
