Avoid getting burned on a foreign holiday with a hire car, says Chris Adams, Operations Director at the Brindley Group. “Feeling burned – and not because of the sun – isn’t exactly the ideal start to your summer holiday. On the road to hiring a holiday car, there can be rip offs aplenty, so you should know what to watch out for," he said. Going with a name … [Read more...]
Finance News
Gridserve’s massive ev charger investment
Gridserve has announced the largest debt raise to-date globally for a privately-owned charge point operator, demonstrating the market’s confidence in both the transition to electric mobility and its mission to help deliver net zero transport at speed and scale. Comprising £326 million in committed loan facilities, with a further £200 million uncommitted … [Read more...]
Swansea investment stalls
Swansea Council built a car park and space for restaurants over a year ago yet they remain empty and have yet to complete a much needed hotel near Swansea Arena. Welsh Conservative Shadow Local Government Minister, Sam Rowlands MS said in response to the news, “This vital project will bring much needed economic growth to Swansea, but it sounds to me that … [Read more...]
Government damaging confusion over cleaner vehicles
This week’s government ambivalence over the longstanding 2030 EV sales deadline is potentially “damaging for fleets” who are committed to electrification, says FleetCheck. Peter Golding (below), managing director at the leading fleet software provider, said that prime minister Rishi Sunak’s equivocation when asked about the deadline by an interviewer had … [Read more...]
Weekend roadtest: MG4 EV Trophy
If you believe pure electric cars are overpriced and underperforming, you haven’t tried the MG4 Trophy. Introduced last autumn as the top model in a new series, the Trophy builds on the success of the ZS suv and MG5 estate and delivers family friendly hatchback practicality wrapped in an eye-catching style. But its beauty is more than skin deep and the … [Read more...]
Flash cars reflect personal image, say owners
Britain cossets a nation of flashy drivers. One in three (34%) UK drivers say it is important to have a car under five years old, particularly for men (40% men and 28% women) and under 55s (42% under 54s and 25% over 55s). The survey of 2,000 UK drivers, commissioned by InsuretheGap.com also found that one in three (34%) describe their car as part of their … [Read more...]
Tradelines 26 July
Just months after its announcement, there is now a two years waiting list for the first electrified Lamborghini Revuelto. Revuelto is the first V12 plug-in hybrid High Performance Electrified Vehicle supercar from the House of Sant’Agata and costs around £450,000. The all-new 2024 Land Cruiser makes its world debut 2 August. It is heavily based on the … [Read more...]
Younger buyers shun car showrooms
More than half of UK drivers (56%) bought their most recent car from a showroom in a face-to-face transaction says a new Opinium survey of 2000 UK drivers, commissioned by InsuretheGap.com, rising to 70% of over 55s, compared to less than half (44%) of under 55s. Women also have reservations about car showrooms. One in five (20%) find them intimidating and … [Read more...]
Stock funding key in troubled times
Data released by V12 Vehicle Finance shows the fastest-selling models to assist dealers with the acquisitions they make using stock funding. Over the last six months, the following manufacturers have stood out for stock being sold within the first 30 days of funding. Top 10 manufacturers on stocking plan less than 30 days Jaguar – 45% of volume sold … [Read more...]
DVLA review is underway to cut costs
An independent review has started into the DVLA, headquartered in Swansea & employing 6,000 staff. The Government want it to fall in line with other departments and agencies to make a 5% cost savings and hopes the study will be completed by the end of this year and report early in 2024. Janette Beinart, non-executive director of the Cabinet Office … [Read more...]
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