The new fourth generation Audi A8 is really ahead of its time. It is the first car in the world to be built for the forthcoming age of autonomous vehicles which don’t require driver interaction in traffic at up to close to 40mph, the so-called Level 3 or “eyes off” category. As legislation changes to allow the Level 3 to be ‘turned-on’, beginning in … [Read more...]
Finance
Supercars still selling well – on used forecourts
Supercars are selling strongly on the used market in Britain. BCA reports strong demand for the luxury and supercar sectors in the UK as sales of high value vehicles in 2017 often substantially outperformed guide price expectations. BCA sold a range of vehicles from the luxury and supercar sectors for over £100,000 last year, including Audi R8 Spyder, … [Read more...]
Sales slide indicating worse to come, warn analysts
New car sales in Wales slipped 5.5% in January. Dealers reported 5,333 new cars registered in Wales last month compared to 5,641 12 months ago, the SMMT reported. That was a slightly better performance than the UK combined figure which saw a 6.3% decline with 163,113 new cars leaving showrooms. Bad weather in Scotland seriously impacted on sales north … [Read more...]
Europe is turning its back on diesel, says JATO
The decline in diesel sales is accelerating across Europe. The European car industry had a solid 2017, with new registrations totalling 15.57 million, an increase of 3.1% when compared to 2016 and the highest volume of registrations since 2007 when 16.02 million units were registered but there is still concern over the results of the UK, according to the … [Read more...]
Hydrogen hopes to rewrite valuation projections
Hydrogen cars could rewrite the standard vehicle depreciation curve, members of the Vehicle Remarketing Association heard at their monthly meeting last week. Held at the Swindon offices of fleet management specialist Arval, the meeting took a look at developments in hydrogen technology, availability of cars and likely sales. The town is the centre of the … [Read more...]
Falling car sales hit trade and Government revenues
An estimated £2.6 billion loss of revenue has resulted from the 5.7% fall in new car sales last year given by figures from the Society of Motor Manufacturers & Traders, according to AA Cars. AA Cars explored the key reasons underpinning this decline in new car sales and surveyed almost 20,000 drivers. It found that 31% of motorists blamed this … [Read more...]
Fleet drivers frustration grows
The Fleet: Driver study by Sewells Research & Insight reveals how company car drivers derive less enjoyment from the experience of choosing a new company car, the longer the process goes on. The findings will concern HR departments that invest in company cars as a key tool of staff recruitment and retention. Fleet: Driver uncovered a four-stage … [Read more...]
Tradelines 10 January
Major car fleet manufacturers are failing company car drivers and missing significant sales opportunities through poorly designed websites. The Manufacturer Website Evaluation by Sewells Research & Insight tasked 200 user-choosers with a free choice of company car to find vital information on the websites of 28 manufacturers, backed-up by an … [Read more...]
Newcomers & incentives lining up
New Citroën C4 Cactus hatchback is now available to order in the UK from £17,265. Benefitting from the Citroën Advanced Comfort programme, this new model represents a European premiere for the brand’s new suspension system with Progressive Hydraulic Cushions™ and a world first for its Advanced Comfort seats. Renault has announced a range of offers on … [Read more...]
Petrol v diesel choice is down to real need
Automotive data and valuation expert hpi has compiled a car market analysis for motorists who are faced with making the decision of whether to choose a petrol or diesel car. There is no right or wrong answer when choosing a petrol or diesel car. With so many variables across the whole vehicle sector ranging from the class of vehicle to driver usage having … [Read more...]
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