Jaguar Land Rover is cutting 500 places at its Halewood, Merseyside plant making Evoque and Discovery Sport models. The reduction comes after it decided to move from three shift working to a ‘two-plus’ system next April and it hopes to make the cut through natural wastage and not enforced redundancies after falling demand in the sectors. Today the company … [Read more...]
Finance
Auctions expected to rise in trade
Over half of respondents in a recent survey expect an increase in auction volumes, said Louise Wallis, Head of the National Association of Motor Auctions, commenting on the latest figures from NAMA’s market attitude survey. Auction volumes are expected to increase by 53% of respondents, with only 20% predicting a fall. Conversion rates are strongly … [Read more...]
AA rely on WMS Group warranties
AA Cars has appointed the award-winning WMS Group as their new warranty provider in a move targeted to shake up the used car warranty market. An initial five-year deal will begin on 1 April 2020, where WMS will be responsible for the administration and claims handling of all add-on products under and affiliated to the AA Warranty brand including the Dealer … [Read more...]
EVs will spark boom in UK power and transport
Electric vehicles will be good for the UK's power systems and transport network, say experts. A Government-backed taskforce bringing together key players in the energy, infrastructure and transport sectors has demonstrated that an effectively managed integration of electric vehicles with the energy system can significantly improve electricity network … [Read more...]
Car insurance at a two-year high in Wales
The cost of car insurance in Wales is at a two-year high, according to new data today. Drivers in the region can now expect to pay £712 for their car insurance, on average, following increases over the past year. That’s according to Confused.com’s latest car insurance price index, powered by Willis Towers Watson. Based on more than six million quotes … [Read more...]
Tradelines 15 January
Jaguar Land Rover sales slowly recovered in December after a 6% dip overall in 2019, according to financial reports. Annual sales of 557,706 were down mostly due to a 13.5% slump in China but it’s reorganised its outlets and marketing there and has seen them picking up again as it moves towards an electric programme with BMW. In 2019, Bridgestone remained … [Read more...]
Call for clarity on “auto-renewed” policies
The Financial Conduct Authority has provided a further update on the work it is undertaking to tackle the ‘loyalty penalty’ faced by millions of financial services customers and other issues raised by the Citizens Advice super-complaint to the Competition and Markets Authority in 2018. GoCompare has been involved in the consultation and Lee … [Read more...]
Greener cars are rapidly rising in Wales, says comparison site
Green vehicles are growing in popularity with Welsh drivers, according to new figures showing a significant increase in the number of low-emission vehicles. The Department for Transport figures show that the number of low-emission vehicles in the region rose by 32 per cent in the year to the end of September, while the total number of vehicles increased by … [Read more...]
Tradelines 8 January
Eligible customers from 19 years of age can purchase Citroën’s stylish C1 city car with one year’s free insurance. The offer, available on ‘Feel’, ‘Flair’, ‘Urban Ride’ and ‘Origins’ trim levels, also incorporates hatchback and ‘Airscape’ body styles and the offer is available on retail cash purchases and Personal Contract Purchase. The Dacia SE Twenty … [Read more...]
MG pick Santander for finance package
MG Motor UK said that Santander Consumer Finance has been selected as its exclusive finance provider, as both companies agreed a five-year partnership effective from 1 January. Trading as MG Motor Financial Services, MG and SCF will provide a full range of retail finance options to make buying an MG easier than ever before. On the dealer side, new … [Read more...]
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