Bosses from some of the UK’s biggest advanced automotive manufacturers and suppliers today came together for the Society of Motor Manufacturers and Traders Regional Forum, held in Liverpool for the first time. Hosted at Rum Warehouse, the event will explore how manufacturers can benefit from the shift to zero emission mobility and secure new business to … [Read more...]
Finance News
UK car making slips
UK car manufacturing output fell by -7.0% in April, down to 61,820 units, according to the Society of Motor Manufacturers and Traders. It was the second consecutive monthly decline, reflecting factory adjustments in preparation for next generation models and their electrified powertrains. Output for the UK – at 14,021 units – rose 19.8% but failed to … [Read more...]
Newslines 3 June
The King has taken a shine to Autoglym. The UK’s largest vehicle care brand, has been granted a Royal Warrant for the supply of car care products to the Royal Household and is the only car care product manufacturer among the 145 companies included in this important first round of Warrants. Following the unveiling of a series of prototype vehicle builds in … [Read more...]
EVs easier to sell closer to petrol priced models
More than half of dealers (53%) say that electric vehicles become much easier to sell when they are priced the same as petrol cars. May’s new Startline Used Car Tracker also shows that a third (32%) think that EVs have become generally easier to sell in 2024. Paul Burgess, CEO at Startline Motor Finance, said, “The large reductions in prices and values … [Read more...]
Fleets launch Tax and Regulation Manifesto
A revised Tax and Regulation Manifesto has been launched by the Association of Fleet Professionals ahead of the General Election on 4 July. The first edition of the document was created in 2021 and revised early last year. This latest version has grown to 24 points from the original 13, something that underlines the growing number of issues that fleets are … [Read more...]
Hot EVs shock for fleet costs
A new generation of “rapid” electric vehicles is creating potential business risk management and cost issues, warns FleetCheck. Peter Golding, managing director, pointed to emerging hot hatch EVs such as the 642bhp Hyundai Ioniq 5N (above) and 435ps MG4 XPower (below), both of which cover 0-60mph in around 3.5 seconds. “Just a few years ago, performance of … [Read more...]
When a pothole is not a pothole
Local authorities are taking wildly differing approaches to deciding whether or not potholes get fixed, meaning many go unrepaired and continue to pose a risk to road users – especially those on two wheels, analysis conducted by the RAC and Channel 4’s Dispatches, shown last night, has found. Three-in-10 of the 206 councils in Great Britain with … [Read more...]
Fleets more willing to look at new brands
More than seven out of 10 fleets (71%) are open to adding manufacturers which are new to the UK to their choice lists, research shows. One in four (25%) of those surveyed say they are already offering these new market entrants to their drivers, while almost as many (23%) are considering doing the same. Also, a further 21% would be willing to operate … [Read more...]
No charger, no sale, dealers told
Not having a home charger is the biggest objection dealers hear from used car buyers considering an electric vehicle. Dealers report that more than half of people (52%) mention this problem, according to May’s new Startline Used Car Tracker. Paul Burgess, CEO at Startline Motor Finance, said, “In a way, it is encouraging that this is the biggest objection … [Read more...]
Public charging prices slowing EV drive
The cost of highway charging is pricing some fleets out of electric vehicle adoption, says the Association of Fleet Professionals’. AFP chair Paul Hollick explained that for fleets whose drivers don’t have access to home or depot charging, the price of power made running costs sometimes unsustainable. “We’re looking at a situation where using a public … [Read more...]
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