The British Vehicle Rental and Leasing Association has been made aware of a spate of fraudulent activity, where scammers are advertising bogus vehicle leasing deals on social media and are extracting money from unsuspecting customers. Using social media advertising, including Instagram, the scammers are posing as BVRLA members to lure in customers … [Read more...]
Finance
New car sales plunge 20% in September
The UK new car market fell by -20.5% in September, according to the Society of Motor Manufacturers and Traders. It reported 338,834 vehicles were registered in the month when the new registrations plate came into force, down around 87,000 on the previous year as new testing requirements continue to affect supply and distort the market. The impact was … [Read more...]
Congestion is threat to business growth
Congestion is increasingly becoming a critical business issue according to the latest research from the Mercedes-Benz Vans Business Barometer. Delivery drivers say that, on average, 16% of their working day is lost due to congestion, which means, based on a (very conservative) 8 hour working day this equates to 1 hour 17 minutes a day, or more than 6 … [Read more...]
Watch scheme saves £500M cars over time
More than £1/2 billion worth of uninsured UK vehicles have been saved from potentially being crushed in the last decade including Lamborghinis, Ferraris, Bentleys and Aston Martins. Vehicles including supercars and high-value cars to the tune of £543,712,611 that had been confiscated from uninsured drivers were among those saved from being scrapped, … [Read more...]
Buyers seriously considering ev and fuel cell cars
Green-group Transport & Environment say 40% of car buyers across Europe will buy or lease an electric or fuel cell powered, but manufacturers are slow to meet demand. A considerable 5-12% of citizens across the countries surveyed say it is very likely they'll buy an electric next and their MORI survey shows there is an immediate opportunity to grow … [Read more...]
£2.5M to clean up older polluting CVs
The Low Carbon Vehicle Partnership welcomed the announcement that up to £2.5 million Government funding is being made available to increase the range of vehicle retrofit technologies capable of cutting emissions from larger road vehicles already in use and enable them to meet Clean Air Zone and ULEZ requirements. The funding will support vital testing of … [Read more...]
Car makers poorly prepared for new law
The European car market saw spectacular growth in August, recording the highest August result in the last twenty years. But this strong growth was artificial as registrations were boosted by stock clearances ahead of the introduction of tougher new emissions tests under the World Light Car Test Programme, or WLTP, on the 1 September. This is evidenced by … [Read more...]
Tradelines 26 September
The FitCar PPV ‘prototype #2’ is based on a standard Audi A4 Avant 2.0L petrol TFSI auto, with the throttle replaced by a bicycle pedal mechanism and mated to a flywheel, which generates an electronic pulse to engage the accelerator. The car is powered as normal, delivering manufacturer specification performance and economy, governed by an active … [Read more...]
Welsh motorists tailing UK buying average
Just over a third of Welsh drivers would consider buying a new car, some way behind the national average. They are also less likely to look at a second hand car than the average and more likely to put up with their present model. But the gap is narrowing and with sales incentives in showrooms the car sales market is hotting up between new and … [Read more...]
Ford and Toyota get share of Brexit budget
Ford and Toyota engine plants in Wales will get a share of a £6M Brexit assistance budget from Welsh Government, but there has been criticism from Tories in Wales. Ford will get £1.6M and Toyota an unspecified grant while money will also go to other automotive companies struggling with expected higher costs as a result of leaving the EU. First Minister … [Read more...]
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