Replicating the current Lux upgrade already available on Volvo's SE, R-Design and Cross Country variants, the Business Edition Lux provides some added luxury to the S60 and V60 models. Popular with company car and fleet drivers alike, the Business Edition variants currently account for 29% of total S60/V60 sales, while almost half of Volvo's end-user … [Read more...]
Finance News
New car sales collapse in Wales
New car registrations in Wales plunged over 30% last month after a boom in March due to new taxes and charges beginning in April, writes Robin Roberts. It was the steepest fall in the UK, with Northern Ireland just a little behind while England and Scotland did not suffer anywhere like the same downturn. The fall was expected but … [Read more...]
Clocking comes around again
Fraudsters have returned to “clocking” vehicles odometers to boost part exchange prices and escape mileage penalties under growing leasing schemes, says hpi. The number of cars on UK roads showing mileage discrepancies has risen to one in 16, a jump of 25 per cent according to new figures from hpi. The figure has leapt from one in 20 cars in 2014. The … [Read more...]
British brands better at beating book-prices
OSV’s research has revealed that British-made cars, such as Vauxhall, Roll Royce, Jaguar and Landrover, retain the most value in the first 12 months after purchase, an impressive 65.5% of their original value. Compared to vehicles produced by the likes of France and Italy, which on average retain only 46.2% and 46.7% respectively, it shows that the … [Read more...]
£6.5 Billion bill for new car buyers after Brexit
Brexit uncertainty and the prospect of increasing car prices could cost the new car market an estimated £6.5 billion. An estimated 377,000 motorists ‘strongly agree’ that Brexit is making them think twice about buying a new car, according to research by AA Cars, the used car website. Around a quarter of motorists predict leaving the EU will push up the … [Read more...]
Newslines 14 April
An estimated 15 Million cars will hit UK roads tomorrow for an Easter trip. Confused.com polled drivers on their plans and it seems most are planning an average 78miles trip at some time over the holidays. An investigation by Auto Express revealed that over a million owners are ignoring official recall notices issued by car manufacturers to fix safety … [Read more...]
£110 Million EV investment sparked by UK
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...]
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...]
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