A new trend has emerged in medium-term rental where it is being used to offset electric vehicle waiting times, says Meridian Vehicle Solutions. With orders for many EVs running into six months and longer, there was a market requirement for some form of cost-effective company car provision during the interim, explained Phil Jerome, managing director … [Read more...]
Finance
Used models are key to success next year
Maximising opportunities in the used car sector is likely to be essential to maximising franchise dealer profitability in 2020, says epyx. The company, which delivers the 1link Disposal Network remarketing platform, says that the new car market is unlikely to stage a recovery – but used demand should stay consistent. Vicky Gardner, head of remarketing at … [Read more...]
Newslines 25 November
Eco-friendly Norway has seen a doubling of Tesla ev sales, led by the new Model3. That has contrasted with the market as a whole which his crashed over 121% down on the same 10 months last year. Intelligent Car Leasing is the first broker to provide such a flexible service, where customers will be able to sign up for a subscription that includes all … [Read more...]
Dealers optimistic of road-to-zero strategy working
A new survey of UK car dealers by Close Brothers Motor Finance has found that a third (34%) believe that half of cars will be ultra-low emission by 2030, meaning the Government’s ‘Road to Zero’ strategy will be successful. A quarter (25%) aren’t sure, whilst 41% believe the 2030 deadline won’t be hit.The finding comes amid a raft of positive news in 2019 … [Read more...]
Aston Martin DBX unveiled in Welsh assembly plant
The first Aston Martin DBX five-seat SUV will roll off new production lines in South Wales in Spring 2020, writes Robin Roberts. Breaking new ground for the 106-year-old luxury British marque, the DBX was unveiled simultaneously in the Beijing, China motor show and in the £250M St Athan, Vale of Glamorgan assembly plant today. The … [Read more...]
Petrol & diesel popularity dominates buying plans
Petrol and diesel cars will dominate vehicle sales in the foreseeable future, according to a poll for information agency Somo. Despite the environment being the biggest driver for switching to an electric vehicle, new research by digital transformation agency, Somo, has identified that the interest in petrol vehicles is not declining. In fact, … [Read more...]
Young driver premiums are falling
With the cost of getting a young driver on the road climbing to nearly £7000 this year, choosing the right car and car insurance can have a significant impact on how much new drivers must pay to stay mobile. The good news is that one comparison site has found average car insurance premiums for drivers under 25 are falling. In the first eight … [Read more...]
Auction slowdown expected as normal
Supplies of used models will go down over the next few months as dealers traditionally hold off putting them in auctions. “Half of respondents in this month’s NAMA survey are expecting volumes to fall over the coming month. Volumes of vehicles arriving at auction centres generally reduce towards the end of the year, and this year appears to be no … [Read more...]
Used cars sales rebound
The SMMT said used car sales rose 0.9% in Q3 after nine quarters of decline. Some 2,076,382 transactions took place between July and September, 18,925 more than the same period in 2018. Demand for diesel models was up 1.4% in the quarter with 858,442 changing hands, while petrol sales were flat with a slight drop of -0.2%. Plug-in electric and hybrid … [Read more...]
Falling out of PHEV or bridging a gap
The issues facing the British car market with the decline in Plug-in Hybrid Electric Vehicle sales in the UK this year has been outlined to media by Conor Twomey, General Manager Internal Communications and Government Affairs for Mitsubishi Motors in the UK. Mitsubishi with their Outlander PHEV more or less pioneered the launch of the PHEV market quickly … [Read more...]
- « Previous Page
- 1
- …
- 217
- 218
- 219
- 220
- 221
- …
- 260
- Next Page »
