Chancellor Rachel Reeves' recent vehicle tax reforms aimed at accelerating the UK's transition to electric vehicles have sparked discussions about their potential impact on both private and corporate vehicle ownership. Now, new insights from private plate supplier Regtransfers reveal a substantial gap between government policy intentions and public … [Read more...]
Finance News
Tradelines 19 November
The first all electric coupe Cupra Tavascan (above) has received a five-star safety rating from Euro NCAP testers. Euro NCAP also awarded the MG HS SE 1.5T a 5 Star rating with the model excelling in both adult and child occupant safety evaluation tests as well as having features designed to protect vulnerable road users. The UK’s biggest trade union has … [Read more...]
Outlook for EV sales is worsening, say car makers
New evidence of worsening outlook for electric vehicle market reinforces need for urgent action, said Continental car makers. New data from S&P Global reveals a worsening outlook for the EU battery-electric vehicle (BEV) market amid shifting economic conditions. Between the first and second halves of 2024 market expectations significantly evolved, … [Read more...]
Rising petrol prices spark more ev interest
Almost all dealers believe that there is a direct link between higher petrol prices and buyers' interest in electric cars. November’s new Startline Used Car Tracker shows that 52% say the correlation is “significant” while 47% believe there is “some” impact. Overall, 60% think consumers are attracted to electric cars by low refuelling costs, 37% say higher … [Read more...]
Stellantis signal change of direction for fuel
Stellantis has backed off its rush to purely electric cars and vans. In a major u-turn for the company it this week announced that its entire range of cars and light-duty commercial vehicles is fully compatible with Hydrotreated Vegetable Oil (HVO) Diesel fuel, an eco-friendly alternative to traditional Diesel. HVO is a biofuel derived from … [Read more...]
Highways & Transport are climate priorities, say experts
The highways and transport sector needs serious prioritisation in this period of climate emergency. This week's COP 29 summit will see attendees discuss how to help communities adapt to the impact of climate change with a focus on how to achieve net-zero emissions by 2050. The Chartered Institute of Highways & Transportation latest report shows how … [Read more...]
Stay safe with second-hand sales
Brits selling their used cars risk losing up to 10-20% on their sale by making this avoidable and costly mistake. And, with an ongoing cost of living crisis, the last thing motorists need is to miss out on thousands of pounds. To make car owners aware of this mistake and help them avoid them, Pamela Murdock, vehicle expert at used car supermarket, … [Read more...]
Tap and catch a train extended by Transport for Wales
Contactless tap in, tap out train service is now available after a ‘Pay As You Go’ option has now been extended to a further nine stations between Pontypridd and Cardiff Bay. Making it faster, easier and cheaper to travel, Transport for Wales launched the scheme in January on journeys between Cardiff Central, Newport and Pontyclun. It was then extended to … [Read more...]
UK car market is turning around
The landscape of leading car brands in Britain is looking different with the arrival of more pure electric cars. Traditional market leading brands are taking a back seat as manufacturers who were among the first to "go-electric" are making big inroads among motorists and businesses seeking to "go-green" and the Skoda Enyaq (above) topped October's … [Read more...]
Used EV demand continues rising
It is positive to see that, following the best first half-year performance since 2019, the used car market has continued to demonstrate robust growth in this quarter, despite challenging conditions, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. The used car market experienced growth of 4.3% between July and September, … [Read more...]
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