Go.Compare car insurance has discovered that around more than 2.1million drivers, have not switched car insurance in the past decade or more. The findings, which asked drivers how often they have switched insurers, also discovered that the older generation are less likely to switch, with 12% of those aged 65 or more admitting that they have been with the … [Read more...]
Finance News
Leasing companies accused of overcharging ev customers
Leasing deals for battery electric vehicles are being overpriced, new analysis by T&E of the used car market finds. In the UK, leasing offers for BEVs are on average 51% more expensive than their equivalent petrol model. Leasing an electric VW ID.3 costs approximately £605 a month, whilst the petrol Golf is offered at £376. In the UK, battery … [Read more...]
More drivers missing vehicle tax payments
There has been a worrying increase in the number of drivers having their vehicle tax Direct Debits cancelled by DVLA after payments couldn’t be taken due to a lack of funds, figures analysed by the RAC show following a Freedom of Information request. Almost one million drivers (950,377) had their Direct Debits cancelled in the financial year 2021-22, an … [Read more...]
New car sales shrug off winter chill
Improving supply components and completed cars has seen another rise in registrations in February, according to the Society of Motor Manufacturers and Traders. Sales in Wales rose the most in Britain with a 29.6% increase to 2,370 new cars. SMMT datum show 74,441 cars were registered last month – a 26.2 per cent rise on February 2022’s lower numbers but … [Read more...]
Government changes will affect safety, says transport group
This week's announcement of a consultation on proposed Driver Certificate of Professional Competence reforms from the Department for Transport raises serious safety concerns and devalues the professionalism of the road haulage sector. That's the opinion of business group, Logistics UK. Chris Yarsley, Senior Policy Manager – Road Freight Regulation at … [Read more...]
Tevva powers up battery backup and servicing
British electric vehicle manufacturer Tevva has entered into a strategic partnership with Ecobat, the global leader in battery recycling, for the repair, repurposing and recycling of its lithium-ion batteries. The partnership kicks off with a 12-month pilot phase for first-life battery management, with the opportunity to expand into additional energy … [Read more...]
Mounting opposition to “green-washing” attack on motoring
Low traffic neighbourhoods, so called “clean air zones” and new, underused cycle lanes are all deeply unpopular. So much so that a new petition has recently appeared on the UK Parliament website (https://petition.parliament.uk/petitions/633504) demanding a revision to the statutory guidance that brought them in. Within days of posting, it has attracted over … [Read more...]
Beware of virtual vehicle scams
Car buying scams are on the rise, driven by criminals hoping to take advantage of drivers searching online for their next set of wheels. The second-hand market is becoming a hot bed for shady and illegal practices and this week six people were arrested after a major virtual vehicle scam was uncovered by police. It is thought hundreds of victims across the … [Read more...]
Newslines 27 February
Volkswagen will retrain over 22,000 assembly workers to transfer experience into building electric cars in its German plants, it has announced. The main plant in Wolfsburg will become a multi-platform location for the Volkswagen brand in Germany in the coming years and the company also intends to produce more ev components in-house to improve supply chain … [Read more...]
UK car production steadies as EVs accelerate
UK car production was stable in the first month of 2023, with output down just -0.3% to 68,575 units, according to figures released today by the Society of Motor Manufacturers and Traders. The loss, equivalent to just 215 fewer cars, was driven chiefly by structural changes, reflecting a move from car to van making at one major plant, but with supply chain … [Read more...]
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