Some businesses are wasting tens of thousands of pounds agreeing to unrealistic mileages when selecting fleet vehicles. That’s the conclusion of FleetCheck, the software specialist who work behind the scenes analyzing business use and who say that predicting future mileage when writing new company car leases is going to be a key question for fleets as … [Read more...]
Finance
UK debut for new Honda EV home charger
Honda is to debut its domestic intelligent charging service – ‘e:PROGRESS’ - in the UK. e:PROGRESS is the most comprehensive and innovative home charging solution from an automotive manufacturer in Europe, and Honda’s first energy management service to be launched in the region. At the heart of e:PROGRESS lies a connected charger and … [Read more...]
Newslines 27 April
It’s the 20th anniversary of MINI being assembled in Plant Oxford by BMW Group. In early 2001, production began for MINI body parts in Swindon and on the 26 April the first new MINI rolled off the line in Oxford which has since built over 5 million cars and currently makes MINI 3-Door Hatch, MINI 5-Door Hatch, MINI Clubman and the MINI Electric, all on the … [Read more...]
Premiums dip to new low but expect rises
The average annual car insurance premium has dipped slightly to £602 in March 2021. This marginal decline from the previous month suggests the end of the big price falls and the average premium is still £110 cheaper than the same month last year. Dan Hutson, head of motor insurance, comparethemarket.com said,“The rapid fall in car insurance premiums, seen … [Read more...]
£50M orders for supercars in March by JBR Capital
Some £50M of pent-up demand for high performance vehicles is being unleashed onto the market, with leading finance provider JBR Capital experiencing record volumes of lending on models from Aston Martin, Ferrari, McLaren and Porsche in March. Porsche proved to be the most financed marque last month with the all-electric Taycan generating a large … [Read more...]
Newslines 23 April
To complement Nissan’s range of striking crossovers, 2022 will see the introduction of the fourth generation all-new X-Trail, whose world debut took place at Auto Shanghai 2021 this week. Like its cousin the All-New Qashqai, it will be based upon the Alliance CMF-C platform, which is the highly advanced architecture which was designed to accommodate … [Read more...]
Fleet emissions sink to record low
The BVRLA has published its latest Quarterly Leasing Survey showing that average CO2 emissions for members’ new car registrations have fallen below 100g/km for the first time ever. During the Q4-2020 reporting period, average CO2 emissions were 98g/km compared to the average UK car fleet of 114.2g/km, highlighting the green credentials of the vehicle … [Read more...]
Tradelines 21 April
The Volkswagen ID.4 has been voted World Car of the Year 2021. Over 90 international motoring writers nominated the pure electric model and it marks the fifth time VW has taken the top award. Future smart motorways have been parked up until radar technology improves to make them safer after a series of fatal accidents and severe injuries. The Government … [Read more...]
Analysts at IHS Markit see big swings for EVs
Many markets will become pure BEV/ZEV sales markets by 2040 at the latest with only few exceptions, according to IHS Markit estimates. The ICE sales era in Europe will be replaced by the BEV sales era between 2035 and 2040. In China, IHS Markit expects New Energy Vehicles (NEV) sales targets to be around 40% by 2030, greater than 50% by 2035 and up to 100% … [Read more...]
Covid-19 polarises buyers around the nation
Covid-19 has polarised the world, and the nation – including car buyers. According to research from episode one of the annual Britain Under the Bonnet report, from Close Brothers Motor Finance, some 38% of drivers are more likely to delay buying a car due to the economic uncertainty caused by Covid-19 and Brexit, while 12% have brought forward their … [Read more...]
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