FleetCheck is warning of poor fuel economy and an increase in emissions for fleets moving to plug-in hybrids, unless accompanied by significant fleet policy changes. The fleet software and management specialist says that a number of issues need to be tackled – from making charging points available to teaching drivers new on-road skills. Peter Golding, … [Read more...]
Finance
Car dealers warned over money laundering
Car dealers are likely to be facing questions and fines from HMRC if they fail to research big spending buyers. Failure to properly investigate the purchase of luxury cars can land them in serious trouble under money laundering and profits of crime laws, says analytics specialist Fortytwo Data. HMRC is concerned that not all dealers are carrying out … [Read more...]
Improvements before investment, firms tell pollsters
SME manufacturers are looking for productivity gains from their workforce and existing equipment ahead of investment in automation, according to The Engineer. The quarterly survey asked over 280 manufacturers how they plan to increase their business’ productivity, with 43 per cent saying they will invest in new equipment and only 40 per cent planning to … [Read more...]
Tradelines 6 December
Millennials in Cardiff are among the most likely to hire a car when needed and not own one, according to statistics from Europcar UK. London and Bristol topped the rent-and-go delivery and collection service of Europcar but Cardiff outpaced Birmingham and even Manchester for the casual users who valued doorstep delivery to home or workplace. The UK … [Read more...]
Diesel sales collapsing in UK – AFVs rising
Diesel sales have collapsed 30% in Britain as the new car market contracted by over 11% last month, said the car-makers’ body. The Society of Motor Manufacturers and Traders reported a rise to over 33% for alternatively fuelled vehicles and a 5% increase in petrol engined models. The big switch from diesel to alternative fuel led by business users … [Read more...]
Tradelines 29 November
Allianz has launched Complete Mini Fleet, a new e-trade product which provides insurance cover for companies operating small fleets of between three and eight vehicles, or up to 15 vehicles at renewal. Available via Allianz’s e-trading platform QuoteSME, Complete Mini Fleet is Defaqto 5* rated. Targeted at business cars and goods carrying vehicles which … [Read more...]
Budget battering for diesels
Diesel cars are in for a battering after the Budget. New diesel cars that do not meet latest emissions standards will face a one-off tax increase each April which will last until 2021 when most are expected to be replaced with the latest technology. Affected models will be those which fail Real Driving Emissions Step 2 standards on emissions and that … [Read more...]
Premium pick-ups new “must-have” models
Premium pick-ups are catching up on vans, because the Land Rover Defender is no longer made. The arrival of prestige manufacturers providing greater choice in the pick-up sector is leading to a growing proportion of buyers choosing to run them instead of vans, says Arval. The vehicle leasing and fleet management specialist says that the … [Read more...]
Volvo expand petrol engine line up
Volvo has released a new petrol engine in its premium S90 and V90 model ranges, offering greater choice for company motorists. Drivers who want an alternative to diesel can now opt for the T4 version of the S90 saloon and V90 estate. Powered by a Euro VI four-cylinder petrol engine and mated to an automatic gearbox as standard, it … [Read more...]
Brakes still going on used-car sales, reports SMMT
The UK’s used car market declined for a second consecutive quarter in Q3, according to the Society of Motor Manufacturers and Traders. But overall, 2017 remains level with 2,102,078 second hand cars changing hands from July to September, representing a fall of -2.1%. Year-to-date, the market remained at record levels after a bumper first quarter, with … [Read more...]
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