As the home of British motorsport prepares to welcome record crowds at this weekend’s Grand Prix, new pictures have been released of the luxury residences currently being built just yards from Silverstone’s hallowed tarmac. Escapade Silverstone is an £80m development of two, three and four-bedroom residences next to the racetrack’s most legendary series of … [Read more...]
Hiring
Rentals revving up business with consumers
Some daily rental companies are beginning to turn down fleet business in favour of higher margin consumer bookings, the Association of Fleet Professional is reporting. James Pestell, AFP Director, said that businesses were finding no vehicles were available using corporate rental online portals but then discovering that if they visited a rental outlet in … [Read more...]
Car ownership is old fashioned, says sharing business
The relationship between the British public and their vehicles has changed a lot over the last few years. With the rise of working from home and hybrid work schedules, car ownership numbers all over the country and the entire UK are dropping considerably. In fact, the Society of Motor Manufacturers and Traders found that March 2022 saw new car sales … [Read more...]
Newslines 6 May
Automotive finance provider, JBR Capital, has launched into 2022 with a record-setting four-month period – the most successful since the company was founded in 2015. Based in London, JBR Capital has lent over £80 million from 1 January to 30 April 30, enabling an ever-growing number of clients to fund their passion for high-end vehicles. The new 536bhp … [Read more...]
HGV drivers desperately needed
With the HGV driver shortage continuing to place pressure on UK supply chains, Logistics UK is urging HGV drivers who have left the workplace to consider re-joining. Hundreds of spaces are available on government-funded refresher training courses, called Skills Bootcamps. Managed by the Driver Academy Group, a consortium comprising of business organisation … [Read more...]
Daily rentals shortage hits businesses
A shortage of daily rental vehicles is causing a wide range of problems for businesses affecting everything from maintenance to taking on new starters, the Association of Fleet Professionals is reporting. James Pestell, AFP Director, said that the issue had been affecting van short term hire for some time but had now started to spread to cars, becoming a … [Read more...]
Leasing EVs is about to take off
Brits are more likely to lease a new electric car than buy one, according to one supplier. That's according to leading provider Select Car Leasing, which has revealed it has seen a 300 per cent upturn in interest for EV models over recent months. The buzz around electric cars and vans has rocketed over the past 12 months due to a combination of … [Read more...]
Tradelines 27 April
Charging infrastructure will keep pace with the growth in the number of electric vehicles resulting from the EU tightening its clean car rules, shows new analysis. Up to 10.4 million public charging points could be installed across Europe by 2035 if car CO2 targets are strengthened in line with the EU's Green Deal commitments, according to the modelling by … [Read more...]
Keeping staff is now a priority
With 41% of the workforce considering leaving their employer this year, investing in people will be essential in overcoming recent recruitment issues facing the automotive industry, says Birmingham-based national vehicle movement and inspection firm, DMN Logistics. Recruitment continues to plague the industry, particularly the vehicle logistics sector. … [Read more...]
Short-circuit finance costs of new-generation zero cars
New data from Leasing.com shows that leasing a battery electric vehicle is on average 18%, and potentially up to 31%, cheaper than funding a new vehicle on personal contract purchase. According to 2022 pricing data across Leasing.com’s top 15 most popular BEVs, leasing was the cheapest and most cost-effective option on 87% (13) of those models. Across the … [Read more...]
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