It seems 2024 will be the year of 'peak petrol' when it comes to how UK cars are powered, more than 160 delegates heard at the annual seminar of the Vehicle Remarketing Association. Louis Maxwell, senior insight manager at Auto Trader, told the audience at The Slate, Warwick University, that growth in sales of electric vehicles (EVs) meant that volumes of petrol cars would soon start to fall. He … [Read more...]
Hiring
EV vans rising registrations
The latest data from the Department for Transport shows a 111% surge in the number of company-owned electric vans over the past two years. However, despite this significant growth, Vansdirect warns that there is still a long way for British businesses to go when it comes to embracing electric, as EVs only accounted for 7% of all newly registered fleet vans during that same period.[2] A … [Read more...]
Special feature: Ineos range profile
INEOS has been taking the 4x4 world by storm in catering for the many potential buyers who still prefer the ‘traditional’ approach to off-road vehicles. In describing the firm’s Grenadier, INEOS says, it’s “… a serious off-roader that no-one’s building any more. The rugged 4x4 that will get you there. And get the job done”. Let’s start with appearance, and the Grenadier – in all versions – is … [Read more...]
Out of warranty and into trouble with company vehicles
The increasing number of older vehicles being operated by fleets means manufacturers are increasingly refusing longer-term out-of-warranty claims, reports the Association of Fleet Professionals. The organisation says that with vans especially now being operated into six, seven and eight years, a range of claims issues are emerging that are creating intensive debate between manufacturers and … [Read more...]
Tradelines 24 July
In June 2024, EU car registrations increased by 4.3%, driven by gains in three out of the region’s four major markets: Italy (+15.1%), Germany (+6.1%), and Spain (+2.2%). In contrast, France saw a decline of 4.8% last month but the registrations of BEVs accounted for 14.4% of the EU car market, down from 15.1% the previous year while hybrid-electric vehicles increased their market share, growing … [Read more...]
Vans are mobile adverts for businesses
Vansdirect has spotted that searches for ‘van modifications near me’ have increased by a staggering 150% in the last three months, highlighting the growing interest in personalising vans and improving the vehicle’s efficiencies. Fortunately, for those spending considerable time on the road, there are many modifications that can improve the safety, comfort, and performance of a van. And there’s … [Read more...]
Warranty work gets a boost with 1link Service Network
A new network of garages that are keen to undertake motor warranty work has been created by epyx. It consists of over 1,400 suppliers right across the country, giving warranty providers easy access to national coverage of workshops that want to fulfil claims. Marc Lees, director of business development at epyx, said, “One of the success stories at epyx in recent years has been the number of … [Read more...]
“Unsafe” vehicles being rented out
The number of daily rental vehicles with safety issues being offered to customers appears to be rising, says the Association of Fleet Professionals. The industry body says it is hearing reports from members being provided with hire cars and vans in unacceptable mechanical condition, with the situation appearing to be deteriorating, and it comes as vehicles are being kept on hire fleets for longer … [Read more...]
Newslines 18 June
Wales’ largest dealer groups, Days, saw its turnover rise but pre-tax profit fall last year. Companies House accounts for the year ended December 31, 2023, show the new and used cars business with 18,000 strong rental fleet, and one of the Car Dealer Top 100, reported an 11% increase in turnover from £257.774m to £285.195m but its profit before tax sank from £33.29m to £30.734m – an 8% drop and … [Read more...]
Newslines 10 June
The Volkswagen Group is entering a new business segment with the Elli charging and energy brand and will develop, build and operate large-scale stationary storage systems together with partners along the value chain. The largest projects in the Elli project pipeline currently have a capacity of up to 350 MW and a storage capacity of 700 MWh, which will almost double the total storage capacity … [Read more...]
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