Traditional car financing could be past its peak as personal leasing, salary sacrifice schemes, and subscriptions rise in popularity along with a growth in electric car sales. The UK’s car finance bubble is on the brink of bursting as demand for new car finance deals slows down dramatically compared to new car sales, according to analysis by The Car … [Read more...]
Finance
Transport fails Wales again
Wales has the highest rate of train cancellations and lateness across the British network. The failings by Welsh Government's services arm Transport for Wales shows cancellations run at 7%. Commenting on the news that stations in Wales had the highest cancellation rate in the UK, at 7%, Welsh Conservative Shadow Transport Minister, Natasha Asghar MS said, … [Read more...]
Newslines 4 September
The fifth generation, all-electric MINI Cooper will be unveiled at the German Motor Show in Munich this week. It will be available in E or SE grades with 190 or 250 miles range and priced from £30,000 next Spring. EDF’s small and medium-sized enterprise business customers can now save up to 40% on the cost of an electric vehicle through DriveElectric’s … [Read more...]
Unfair settlements highlighted for damaged cars
Research by GAP Insurance provider, ALA Insurance has revealed that the average car owner is offered £286 below market value on claims where their car has been written off. Prompted by the news that Direct Line have been instructed to review unfair settlements from the past five years, ALA analysed over 3,748 claims to show which car makes, specifically … [Read more...]
Fuel prices soaring again says RAC Fuel Watch
The price of petrol rocketed by 6.68p a litre in August while diesel shot up by 8p, making for the fifth and sixth biggest monthly rises in 23 years, said RAC Fuel Watch. The average price of unleaded finished August at 152.25p – up from 145.57p at the beginning of the month, adding nearly £4 to a tank (£80 to £83.74). Diesel went up from 146.36p to … [Read more...]
Showroom prices slide in pre-September sales
There are new car bargains to be had as dealers report manufacturers are dropping prices and supporting lower rate finance deals to lift sales. The traditional slow August sales before the new registration plate arrives on 1 September has been followed by an unseasonally slack demand for new models arriving from today. Rising new car prices and higher … [Read more...]
Newslines 1 September
Isuzu UK says renowned Welsh rugby player Shane Williams has once again chosen the Isuzu D-Max as his vehicle of choice, opting for the prestigious top-of-the-range V-Cross version for the seventh consecutive year. This exciting partnership highlights the shared values of toughness, reliability, and a relentless pursuit of excellence that both Isuzu and … [Read more...]
Toyota learning from artificial intelligence
Toyota is employing Artificial Intelligence tools to speed up and verify design and engineering of new models. At some point in the development of every new vehicle, the designer’s original inspiration has to be adapted to accommodate the necessities of engineering – the practicalities of performance, safety and everyday usability. Thanks to a new … [Read more...]
Costing & comparing evs to traditional fleets
A new project from the Association of Fleet Professionals aims to create the “definitive picture” when it comes to comparing electric vehicle service, maintenance and repair costs to their internal combustion engine equivalents. Paul Hollick chair at the AFP, said that much of the current data and information surrounding the subject was incomplete, … [Read more...]
New Suzuki Approved Used Warranty
Following on from the launch of Service Activated Warranty earlier this year, Suzuki has created its own in-house Approved Used Car Warranty. The launch of the new warranty will also help further increase customer retention as well as a higher volume of service, maintenance, and repair for the dealer network. The Suzuki Approved Used Car Warranty offers … [Read more...]
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