Finance

Range Rovers are tops with thieves

17 February 2021

Analysis by Tracker reveals that Range Rovers and Land Rovers take six of the ten places in the 2020 list of Tracker’s most commonly stolen and recovered vehicles. The three top spots in the 2020 league table are all Range Rover models - the Sport, the Vogue and the Autobiography. The Land Rover Discovery, Range Rover Evoque and Land Rover Defender also … [Read more...]

High fleet returns pose problems for businesses

17 February 2021

With the volume of lease extensions coming to an end, voluntary terminations and repossessions expected to substantially increase as lockdown eases. Now MJB Automotive is warning fleet and remarketing decision-makers to prepare for the reality that completing vehicle repairs before resale may not be achievable. According to MJB Automotive if the support … [Read more...]

£1,000 bill for diesel drivers after lockdowns

16 February 2021

Diesel vehicle drivers are facing a possible £1,000 bill when they start up after prolonged lockdown, unless they take precautions, warns warranty company Motor Easy. Duncan McClure Fisher, CEO at MotorEasy said, “Throughout the three lockdowns, we’ve seen a spike in battery and alternator claims as a result of cars not being used as much. Batteries are not … [Read more...]

Newslines 16 February

16 February 2021

Conservative Senedd members have criticised the nationalized Transport for Wales planned 2.6% rail ticket price rise. The increase from 1 March is in line with plans for English railways but has not been discussed in the Senedd and a statement from the Welsh Conservatives said it was hypocritical of TfW and shocking for passengers. British drivers are … [Read more...]

Newslines 15 February

15 February 2021

Jaguar Land Rover is ditching its internal combustion engines over the decade and will sell all-electric models, starting in 2024. It has also announced plans to offer hydrogen fuel cell models when demand and infrastructure support them and will expand its subscription rental service. The new Citroën C4 and ë-C4 is on sale. They come with five-years … [Read more...]

Welsh hydrogen car gets Siemens UK support

10 February 2021

One of the world’s leading technology companies has stepped in to boost plans and build hydrogen vehicles in Wales for global sale. Siemens UK has signed a memorandum of understanding with Riversimple, of Llandrindod Wells to make their Rasa car and a local delivery van. The car is already being prepared for trials with 12 drivers living in … [Read more...]

Lenders optimistic for 2021 despite sales slowdown

8 February 2021

The Q1 2021 Industry Outlook Survey by the Finance & Leasing Association shows that the asset finance, consumer finance and motor finance industry see opportunities for growth over the next year despite the heightened uncertainty caused by the latest restrictions to deal with the Covid-19 pandemic and the UK's lowest January registrations for 50 … [Read more...]

Newslines 8 February

8 February 2021

The new Vauxhall Mokka B-SUV sector family car is now on sale from £20,735 to £34,970 over the 26-model range. It is sold with 100ps or 130ps 1.2 petrol and 110ps 1.5 diesel engines and also as fully electric with a certified 201 miles charged range and is roomier inside than the previous generation Mokka. The all-electric Mercedes-Benz EQA series is now … [Read more...]

UK car sales hit 50 year low

4 February 2021

Pressure is mounting for new car prices to be slashed after sales plunged to their lowest for 50 years in January. Buyers who cannot visit showrooms during lockdown and who are concerned about jobs and income have put the brakes on business and now manufactuers face fines if they cannot reduce their fleet average this autumn. More sales have moved on-line … [Read more...]

Kerbside charging essential to power up green drive