Supercar club Auto Vivendi has added 12 new models to its collection in a week. Among the newcomers are Ferrari SF90, McLaren Artura (above), Lamborghini Urus Performante and Morgan Super 3, with more Ferraris and a Maserati MC20 Cielo coming soon. Over 27 million British drivers experience road rage at least once a month, mostly on the morning commute, … [Read more...]
Finance News
Bank Rate rise is challenge to traders
The decision by the Bank of England to raise their interest rates by 0.25%, to 4.5%, will inevitably have implications on the motor trade, according the car dealers' body. The Bank of England has confirmed that interest rates will rise by 0.25%, from 4.25% to 4.5%, the twelfth consecutive rise since December 2021. Sue Robinson, Chief Executive of the … [Read more...]
Use your car less and drive up bills and trouble
Cutting down on your car use and mileage might be a false economy in the long run, according to Vertu Motors. Cars provide convenience and freedom to motorists, but, with the current pinch on the cost of living, many Brits may be looking to cut down their mileage to save money. However, the experts at Vertu Motors have warned that car owners still need to … [Read more...]
Wales wins by miles with smiles
Driving is smiles better in Wales. The happiest drivers in the country have been announced with motorists in Wales topping the list, a new study reveals. Experts at LeaseCar.uk have crunched the numbers for each region based on factors which are important to drivers when it comes to having an enjoyable trip. Highest amount of traffic levels, most amount … [Read more...]
Certified Recycled parts see booming demand
Motorists in the UK saved £99 million in 2022 by opting for used parts and accessories instead of brand-new replacements, according to research by eBay. The online marketplace revealed the impact of second-hand parts as it relaunched its Certified Recycled programme, which sells recycled vehicle parts from 81 certified sellers. Certified Recycled parts … [Read more...]
Scale up charging or face consequences, Governments told
EV sales are rising across Europe but Governments must do more to provide an extensive public charging network to for travellers, said car makers body, the ACEA. Recent ACEA data confirmed that market share rose to 13.9% for battery electric cars and 24.3% for hybrid models. While China is currently ahead of Europe and the US in the electrification of the … [Read more...]
Diesel drivers were April fooled on forecourts
The price of diesel fell by nearly 4p a litre in April but still remains at least 16p more expensive than it should be as it’s now 6p cheaper than petrol on the wholesale market, according to data from RAC Fuel Watch. A litre of diesel closed the month costing drivers an average of 159.43p across UK forecourts while petrol was unchanged at 146.5p. This is … [Read more...]
Car makers push fleet & business sales
The UK new car market recorded its ninth successive month of growth in April, with an 11.6% increase to reach 132,990 registrations, according to the latest figures from the Society of Motor Manufacturers and Traders. The performance marks the best April since 2021’s 141,583 units but remains -17.4% down on 2019 volumes. Large fleet registrations grew by a … [Read more...]
New law’s threat to UK supply chain & businesses
Business group Logistics UK has raised concerns about the government’s proposed Retained EU Law Bill currently making its way through Parliament and the risks which its adoption will pose to UK businesses and the nation’s supply chain. In a letter to PM Rishi Sunak, Logistics UK’s Chief Executive David Wells OBE has highlighted the industry’s concerns about … [Read more...]
Fleets warned over accelerated EV tyre wear
Fleet managers should be prepared for altered tyre wear rates on electric company cars and vans. As increasing numbers of fleets move to electric, the balance of SMR spend will alter, argues ATS Euromaster. EVs are expected to cost less to service, thanks in part to fewer moving parts and the absence of requirements such as oil changes, but tyre life … [Read more...]
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