A try before you buy scheme for electric vehicles could be what’s needed to dispel the lingering concerns surrounding the technology, finds a new study. A survey of 2,025 UK drivers conducted by Auto Trader reveals that 70% of UK motorists would be interested in leasing an electric vehicle for a 2 to 3 year prolonged test-drive, getting to grips with the … [Read more...]
Finance
Newslines 18 August
Aston Martin is celebrating the release of the 25th James Bond film with two exclusive 007 special editions inspired by the cars featured in No Time to Die due November. This new collaboration between Aston Martin and EON Productions, sees new 007 editions of the Aston Martin Vantage and DBS Superleggera alongside no fewer than four iconic Aston … [Read more...]
Newslines 17 August
The Mtsubishi Outlander PHEV is still out-selling every other plug-in hybrid SUV on the market so far in 2020 and second only to a recently-launched premium brand saloon. Despite the massive disruption caused by the coronavirus pandemic and a more competitive plug-in hybrid market than ever before, 2,662 Mitsubishi Outlander PHEVs were registered in 2020 to … [Read more...]
Used prices volatility reflects fuel types and models
Used car prices are becoming more volatile and reflecting changes in fuel types and body styles as well as size, say Cazana director of instights, Rupert Pontin. The first week of August saw a marginal shift in the retail market with footfall at the retailers and online enquiries slightly down on the levels of recent weeks. Firstly, this is hardly … [Read more...]
Classics become contemporary as sales boom
Owning, restoring and driving a classic car is a common dream, but it requires significant investment at every stage – in both time and money. Such desirable, high-value vehicles are inevitably also a common target for professional thieves meeting demand for vintage cars and their parts in the UK and across Europe. Stolen vehicle recovery (SVR) expert, … [Read more...]
Britishvolt appoint senior team for Welsh super-plant
Britishvolt, the UK’s foremost investor in battery technologies, has announced the appointment of Ray Macera as Project Director for the construction and implementation of Britain’s first battery gigaplant at Bro Tathan, St Athan in the Vale of Glamorgan. Macera, who is reporting directly to Britishvolt CEO, Orral Nadjari, leads one of the largest … [Read more...]
Skills shortage warning
A combination of the lockdown restrictions over the past six months, a 'baby boom' in 2003/4 and a decline in registered driving instructors means the UK could fall into a national shortage of driving instructors in the latter half of 2020, with the problem only predicted to continue and grow. Learner driver insurers, Marmalade has studied the data and … [Read more...]
Auction action accelerates
Auction houses are experiencing strong vehicle values and a strong demand for stock, according to the National Association of Motor Auctions. While the majority of auction houses are not yet opening their auction halls to buyers, they continue to be very busy with on-line sales. Used vehicles are in keen demand from consumers post-lockdown as many look for … [Read more...]
Repair costs still driving fleet manager decisions
Over 70% of fleet managers say the cost of vehicle repair influences the choice of vehicles in their fleet, according to new report ‘Fleet Managers, the pressures, challenges and opportunities.’ Being green is also a key factor with 56% making choices around the composition of their fleet based on protecting the environment. With more than 90% of motor … [Read more...]
Newslines 11 August
Tough labour laws in France mean that Ineos stands to pick up an idling Daimler plant in Hamach in a distressed sale for €500 Million to build its forthcoming Grenadier 4x4 after suspending plans for a new factory outside Bridgend. If the sale falls through, Ineos may return to South Wales but there is another option on a struggling Nissan site in Spain as … [Read more...]
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