The momentum in new vehicle sales has continued with strong growth across electric vehicles, hybrids and petrol vehicles and is expected to continue through the summer months, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. In May, a total of 145,204 new cars were registered, an increase of 16.7% from the same period last … [Read more...]
EV values slide as fleets reshape businesses
Used electric cars and vans are expected to fall further in value in coming months, according one industry expert. The slippage might also see petrol and diesel models cut back by manufacturers to meet tightening ev sales targets by Government. Interference in the ICE market will have the effect of driving up values of existing models as a … [Read more...]
Banks must finance more EV deals
Almost six out of 10 dealers (58%) believe that more support is needed from their motor finance providers to retail electric vehicles, shows new research. May’s Startline Used Car Tracker reports that 41% say their lenders are less keen to finance EVs, 10% want higher deposits from buyers and 5% charge higher interest rates. A further 5% say their lenders … [Read more...]
Newslines 16 May
Here are the first views of the next generation MINI family, with Oliver Heilmer, Head of MINI Design. Each new MINI model gains its own strong individual character that is expressed in distinctive design features, while exuding individuality with a clear brand affiliation and sustainable materials are another essential part of the new design … [Read more...]
Wales has happiest drivers, shows study
The happiest drivers in the country have been announced with motorists in Wales topping the list, reveals a new study. Motoring 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 of roads, total number of … [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...]
Older drivers risking big fines
About 1.5 million older drivers are breaking the law and risking massive fines. A study by Scrap Car Comparison has revealed that over 1 in 4 UK motorists aged 70 years or older – the equivalent to 1.5 million drivers - are leaving it four years or longer to renew their driving license after turning 70, which is illegal according to government law. The … [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...]
Ford BlueCruise tech warning from FleetCheck
The arrival of Ford’s new BlueCruise – the first legal hands-free driving product available on UK roads – raises a whole series of questions that fleets need to answer, says FleetCheck. Peter Golding, managing director at the fleet software specialist, said, “The fleet industry has been discussing the theoretical implications of hands-free driving for some … [Read more...]
EV fleet challenge to smaller businesses
According to recent findings by Alphabet GB, small and medium-sized fleets are facing difficulties in transitioning to electric vehicles. While companies have the desire to initiate the switch to electrified vehicles, 45% of fleet managers claimed that they lack the required knowledge and time to take the crucial initial steps. A majority of businesses … [Read more...]
