Used car valuations experts HPI analysed hundreds of thousands of used car adverts to create a tool that reveals how long it takes to sell a particular model in a local area. The data covers no fewer than 100 towns and cities around the UK and 551 car makes and models. From Truro to Aberdeen and Belfast to Norwich, if you want to know what the five most … [Read more...]
Finance
Welsh car sales held up well in 2018
New car sales in Wales last year did better than most other parts of Britain, show figures from the Society of Motor Manufacturers and Traders, writes Robin Roberts. Twelve months saw 79,936 new cars registered in Wales - led by Ford - compared to 82,753 in 2017, a 3.4% dip and only Northern Ireland faired better with 3.35% decline on a smaller total of … [Read more...]
Wales’ famous five continue the Suzuki story
Five dealers in Wales have been celebrated during the annual awards by the Japanese importer. Suzuki GB PLC announced its “Dealers of the Year” for 2018 at a ceremony during its recent annual dealer conference in Budapest, Hungary. The prestigious black-tie event recognised the outstanding achievements by dealerships within the vehicle manufacturer’s … [Read more...]
Newslines 29 December
Hyundai Motor Company announced the world’s first smart fingerprint technology that allows drivers to not only unlock doors but also start the vehicle. Hyundai plans to implement the technology initially in Santa Fe SUV model that is to be released in select markets on the first quarter of 2019. Kia is introducing a range of lower costs, lower rate … [Read more...]
New Year, new car, know your rights
The festive season is a period when consumers splash out on presents for friends and family, and a time when some look to treat themselves or others to a new car. The Motor Ombudsman, the automotive dispute resolution provider, is therefore providing consumers with the following top tips to help steer them in the right direction. Accredited seller It’s … [Read more...]
BMW drivers are UK’s worst, says insurer
GoCompare Car Insurance says BMW drivers are the worst in the UK. They are most likely to speed, run a red light or make an at-fault claim, according to data held by the insurer. A study by GoCompare Car Insurance has found that BMW drivers are the most likely to be convicted of an offence and cause a collision on the road. More than one in six BMW … [Read more...]
Extending ‘company car’ benefits
Interest is growing from businesses looking to provide vehicle solutions to their entire employee base including those not entitled to a company car, reports Arval. The vehicle leasing company says that employers increasingly want to offer a broader mix of vehicle solutions to more employees – and that a range of products including personal lease and … [Read more...]
Medium-term rental drive by Meridian
A new business drive into the corporate fleet market is being planned in 2019 by medium-term rental specialist Meridian Vehicle Solutions. So far, the company has worked almost entirely through leasing and fleet management companies as intermediaries, white labelling their product for more well-known brands. Phil Jerome, managing director, explained, … [Read more...]
Desire for car ownership is strong but weakens for AVs
Analysts at Arthur D. Little says the desire for car ownership remains strong, especially amongst the young, and that drivers are considering a dramatic switch to electric and hybrid vehicles. This will impact manufacturer and supplier engine strategies and push for faster development of EV ecosystems, such as charging solutions. Drivers are now much … [Read more...]
Ford are most financed used cars, says lender
The Ford Fiesta has topped the list of cars financed in the UK, according to data from Close Brothers Motor Finance. The firm family favourite is followed by the Ford Focus and the Volkswagen Golf. More than 2.2 million new cars have been sold in the UK so far this year, and there have been more than 6 million used car transactions. Consumers … [Read more...]
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