The annual CV show in the NEC is a sellout. Britain’s biggest automotive show will fill three halls with hundreds of exhibitors from 30 April to 2 May, said Rob Skelton, show director. … [Read more...]
Finance
Recognition for car services at Business Motoring Awards
In an increasingly complex business car marketplace, the Business Motoring Awards 2019 has recognised best practice in the sector from the likes of Northgate and Volkswagen Commercial Services. The winners’ list of the Business Motoring Awards, supported by Fleet Alliance, a leading lease car supplier to the SME business sector is: Best Car … [Read more...]
More owners turning to used models instead of new
Buyers are turning their backs on new cars in favour of used models, says a leading finance house. Brexit, a global slowdown, and confusion over fuel type have caused 2.4 million drivers to think twice about buying new car. The findings from a new report published today by Close Brothers Motor Finance found, in the past year, the proportion … [Read more...]
Cost conscious drivers have a new tool to use
Cost-conscious motorists are set to benefit from a new online tool that reveals the total cost of ownership (TCO) of cars. TCO Check created by automotive data and valuations expert HPI is a new online calculator which allows drivers to take costs into account and tells them how much they can expect to spend over the next three years of ownership. The … [Read more...]
Tesla Model 3 tops EU EV charts in first month
The new Tesla Model 3 has shot to the top of European electric car registrations in its debut month. The European car market registered its sixth consecutive month of decline in February 2019, as 1.14 million vehicles were registered. This was largely because February marked a month of uncertainty for many of the bigger European markets, such as … [Read more...]
New blow for car makers in WLTP tests
The European Commission has tightened the WLTP test for new cars after indications automakers were 'gaming' their results. It may also demand manufacturers retest cars already signed off, leading to confusion in showrooms and where emissions figures are used by Governments to assess tax levels. The updated regulation, which came into force in … [Read more...]
Welsh drivers spent almost £4,000 on first cars
New drivers in Wales are forking out just over £3,900 for their first car. In the North West and London they splash out more than £5,000 on their first wheels. The average amount of money spent on buying a new driver’s first car is now £4,276, an increase of 42% on the 2017 figure of £3,005. According to GoCompare Car Insurance new drivers in the … [Read more...]
New cars still offering poor theft security, say experts
Half of new cars so far launched this year have been rated as offering poor security and one was said to be "unacceptable" by insurance test body Thatcham Research. The new ratings assess whether measures to specifically address the keyless entry/start vulnerability, have been adopted. Six of the 11 vehicles launched this year have been given a ‘Poor’ … [Read more...]
New car tax changes and how they affect you
The Government’s Spring Statement 2019 has outlined how April 2019 changes to vehicle-related taxes will hit fleets and drivers. Chancellor of the Exchequer Philip Hammond’s second Spring Statement was an update on the health of the UK economy and the state of the Government’s finances, rather than laying out any major new tax or spending … [Read more...]
Autonomous driving interest accelerates
Three in ten drivers (31%) now favour self-driving cars, up from one in ten (10%) a year ago, they told pollsters for the Britain Under the Bonnet report from Close Brothers Motor Finance. At a time when Government has recently announced plans for driverless cars to be on UK roads as early as 2021, the latest figures show how perceptions are changing and … [Read more...]
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