Finance

Motorists taking risks with insurance ignorance

7 July 2020

Millions of drivers have no idea exactly what their car insurance policy covers as one in four simply let their other half deal with it. A study of 2,000 UK motorists found one in 10 are clueless about whether they are covered for things like driving their car for business use, if they have windscreen cover or if they can drive other vehicles. Worryingly, … [Read more...]

New car sales edge upwards

6 July 2020

New car sales have started a slow recovery. British new car registrations fell by 35% in June as many dealerships reopened after coronavirus lockdown measures were lifted, but the Welsh and Scottish showrooms' openings were delayed until the end of the month and this affected figures. A total 145,377 new cars were registered in June, leaving accumulated … [Read more...]

Newslines 6 July

6 July 2020

Wales 5-miles guidance on travel during the lockdown ends today. In a bid to help tourism, self-contained accommodation can reopen but not hotels or guest houses and only takeaways and restaurants with outside dining can operate at the moment in Wales before restricted opening of pubs and clubs is allowed. The Financial Conduct Authority in Britain is … [Read more...]

Cardiff-led consortium win £44m for CS chip cluster

3 July 2020

A Cardiff University-led consortium has won a £43.7m bid to develop a Compound Semiconductor powerhouse in South Wales which will help future automotive, communications and transport systems among other industries. Government funding provided through UK Research and Innovation’s flagship Strength in Places Fund will build a world-leading cluster of … [Read more...]

Wales’ Ineos Grenadier 4×4 unwrapped

1 July 2020

This is the new Ineos Grenadier. INEOS Automotive today reveals the exterior design of the Grenadier, its forthcoming, no-nonsense 4x4 vehicle for the world, as another step on the road towards start of production. Heavily influenced by the previous Land Rover Defender loved by Ineos boss Sir Jim Ratcliffe, it will be built in a new factory at … [Read more...]

Covid-19 virus impact being felt as time passes

30 June 2020

The true impact of the Covid-19 lockdown and loss of new car production is beginning to be appreciated. UK showrooms closed for over 12 weeks but the factories making cars closed for varying periods of time and this contrasted with other parts of the world where the impact was much less. Although the global automotive industry has been hard hit due to … [Read more...]

Ford and Cupra unveil newcomers

26 June 2020

Ford introduced electrified EcoBoost Hybrid 1.0 litre powertrain for Focus and the 48-volt mild hybrid system improves fuel efficiency supported by cylinder deactivation and boosts performance to 155ps, available from £23,610. New 12.3-inch digital instrument cluster and later this year Local Hazard Information connected technology deliver a more … [Read more...]

GlamperRV combines business with pleasure

26 June 2020

With home working looking set to stay, GlamperRV, the bespoke luxury motorhome brand, is launching a new ‘business class’ home office - the GlamperRV Business Line - which can also be used as a mobile office hotel, and on post lockdown weekends away or adventurous touring holidays. Offering an ultimate home office space without the need to move house, the … [Read more...]

Lenders worried over extension of deferred loans

24 June 2020

Helping customers through this difficult period remains a priority for lenders, but with more parts of the economy reopening, lenders also have a responsibility to transition customers back to regular payments where possible, said Stephen Haddrill, Director General of the Finance & Leasing Association. Commenting on the publication of new proposals from … [Read more...]

Ford Transit series loads up more models