Thousands of vehicles and hundreds of fleets will struggle to meet incoming stringent emissions legislation and pay the price, a survey shows. Around 5.3% of company cars and vans being operated by customers of FleetCheck only meet the Euro 4 emissions standard or older, according to a new analysis. A further 18.2% of vehicles from the total sample of 85,792 also fall behind the latest Euro 6 … [Read more...]
Finance
Cazana’s Dealer Survival Guide
The motor trade is one of the world's toughest business sectors but the current Coronavirus is putting incredible strain on the entire sales stream and getting good advice is essential to keep businesses going. Here are five points to consider: Stay Safe Abide by the Government rules and close your dealership to help stop the spread of COVID-19 and keep your staff and customers safe. … [Read more...]
World car production and sales plunge
IHS Markit forecasts used by automakers and suppliers for strategic decisions has downgraded its assessments across "virtually all regions." It called the coronavirus pandemic "the single biggest risk factor facing the auto industry for many years," reports Automotive News Europe. Global sales will fall by more than 12 percent this year to 78.8 million units, a downgrade of 10 million units from … [Read more...]
Fleets urged to take renewable fuels route
A new guide from the Low Carbon Vehicle Partnership for fleet operators shows how renewable fuels can immediately cut greenhouse gas emissions in road transport, particularly from commercial vehicles for which few low emission solutions are currently available. While the focus has been mainly on vehicle electrification for meeting the UK’s net zero target as it applies to road transport, … [Read more...]
Tradelines 25 March
Petrol prices crashed to an 18-year low this week. Falling oil wholesale cost saving are now reaching forecourts and Morrison’s has slashed 12ppl petrol and 8ppl diesel with prices at about 104ppl and 111ppl respectively, says the RAC, which is urging drivers to only go out if vital and support small independent retailers if they can. National Express timetables will be reduced today after which … [Read more...]
Car makers want urgent comprehensive support
The effect of the coronavirus on society and the global economy is unprecedented with grave consequences for the automobile industry, say European car makers. Indeed, most of the members of the European Automobile Manufacturers’ Association have already announced temporary closures of plants due to collapsing demand, supply shortages, and government measures, and are facing cases of corona … [Read more...]
Car makers want urgent talks over future
The car-makers want detailed talks with British Government in the light of the corona virus and implications for the industry struggling with falling demand. The industry employs over 823,000 in Britain and Mike Hawes, SMMT Chief Executive said, “We welcome the additional and significant emergency support for business announced by the Chancellor. “The UK automotive industry is inherently strong … [Read more...]
Dealers seek Government help
The retail automotive sector employs 590,000 people in the UK and businesses must be protected through supportive fiscal measures during the outbreak of the Coronavirus, said Sue Robinson, Director of the National Franchised Dealers Association. NFDA yesterday wrote a letter to the Chancellor of the Exchequer, the Rt Hon Rishi Sunak MP and Alok Sharma, Secretary of State for Business, Enterprise … [Read more...]
Two-wheeler sales rising as cars fall
February 2020 has delivered a strong 3% increase in motorcycle sales compared to last year, improving a typically quiet month, said Stephen Latham, Head of the National Motorcycle Dealers Association which represents motorcycle retailers across the UK. Some 4,607 new motorcycles were registered in February, up from 4,473 in February 2019. In terms of year-to-date, the market has grown 2.9%, from … [Read more...]
LEVC give more details about VN5 van
LEVC’s new electric light commercial van will set new standards in the commercial vehicle sector and will be badged VN5. Aligned with LEVC’s overall product naming strategy, with TX for taxi, VN is chosen for van and ‘5’ to represent the volume of the cargo area, 5m3. The VN5 cargo capacity easily accommodates two Euro sized pallets with a gross payload of over 800kg. It has been built with a … [Read more...]