Specialist motor insurance loss adjuster, Claims Management & Adjusting has welcomed the new Association of British Insurers roadmap “to combat the rising costs of motor cover”, and recommended anti-theft number plate bolts as the best value solution. Philip Swift, a former detective, now Technical Director at CMA, said, “While we very much welcome the ABI’s new strategy to reduce premiums by … [Read more...]
Finance News
Car sales boom on eve of Budget
February’s figures reinforce the robust performance of the UK automotive sector, maintaining a strong start to 2024 and signalling a nineteenth month of consecutive growth, said Sue Robinson, Chief Executive of the National Franchised Dealers Association, commenting on the latest SMMT new passenger car registration figures. In February, a total of 84,886 new cars were registered, an increase of … [Read more...]
Poor reliability & higher costs drive change, says Carwow
Reliability and higher running costs are the top reasons for selling their motor according to a new survey by Carwow, the online car-changing marketplace. Nearly eight out of 10 respondents (78%) cited reliability as the biggest reason for changing their cars, while increased running costs (71%) came a close second on their list for choosing to sell. Despite being a nation of vehicle … [Read more...]
Auto Vivendi add new Ferrari to members’ fleet
The superclub Auto Vivendi collection of cars continues to evolve as more new cars arrive. In recent weeks it added the first Ferrari 296 GTS to the collection as well as another stunning Lamborghini Huracán Tecnica, another Aston Martin DBS Superleggera Volante, and three Porsche 911 (992), one Turbo S Coupe, one Turbo S Cabriolet and one Targa 4 GTS plus a long wheelbase seven seat Range Rover … [Read more...]
Train fare dodgers to be targetted with big fines
Transport for Wales is getting tough on fare dodgers using trains. Penalty Fares will be introduced on the South Wales Mainline from today as part of a range of measures to tackle an estimated £10m in lost revenue each year due to fare evasion and fraud. A three-week period of guidance to customers will begins today, when anyone travelling without a valid ticket or permit to travel for their … [Read more...]
Car makers Budget plan to overcome stalling EV sales
The automotive industry is calling for the Chancellor to use this week's Budget to put the UK’s shift to electric vehicles back in the fast lane. Research commissioned by the Society of Motor Manufacturers and Traders from Savanta has revealed that rising numbers of would-be EV drivers are now likely to delay their switch to a battery electric car – but a three-point plan of tax reform would … [Read more...]
First drive: KIA EV9 Air RWD
KIA has turned the corner into a new market segment with its EV9 pure electric model. The EV9 seven-seater launches in three trim levels and an additional range-topping six-seat option from £65,025 to £78,775 in rear wheel drive or all-wheel-drive configurations depending on trim with 200bhp single or 378bhp twin motors. That puts it squarely into Mercedes and BMW electric model territory … [Read more...]
Big shift expected in 2024 UK car market
The analysis of the average UK monthly search volume for the past six months reveals the Nissan Qashqai as the undisputed champion, attracting a remarkable 815,000 searches in the six months August 2023-Jan 2024. Interestingly, the second-place position goes to the KIA Sportage, likely accumulating 765,000 searches over the last six months due to its new efficient Hybrid and Plug-in Hybrid … [Read more...]
Increase taxes on bigger private cars, says T&E
The UK could be using its tax system to discourage the growth of large new SUV sales, which recent T&E analysis found had grown by 23% between 2022 and 2023. With the Budget due next week, the environmental group said that the UK has shown some leadership with its tax system, however as company car drivers in the UK are benefiting from a progressive tax system, otherwise known as the … [Read more...]
Newslines 1 March
The Cupra Born BEV range has been reduced and prices slashed to shift stock and widen ownership appeal. CUPRA has increased the accessibility of its first fully electric model, CUPRA Born, by reducing prices by £2,350 across the range coupled with a suite of electric vehicle (EV) purchasing incentives. Volkswagen Group United Kingdom has signed an agreement with Ecobat, the global leader in … [Read more...]