Toyota Motor Europe (TME), in collaboration with BMW Group, Bosch and Repsol, have launched a pioneering six-month pilot project in Spain to study the real-world potential of Vehicles running Exclusively on Eligible Fuels (VEEF). The initiative will deploy a fleet of around 20 Toyota and BMW vehicles, powered by Repsol’s 100 per cent renewable gasoline … [Read more...]
Finance
Zones and what it costs if you get them wrong
Driving "zones" are the new traps for motorists, one rental company has warned. Drivers entering the wrong zone without paying could face penalties ranging from £60 to £180, with repeat Scottish LEZ offences rising as high as £480 British motorists are being warned not to assume the UK’s growing number of low-emission and road-charging zones all operate … [Read more...]
Iran war batters drivers’ wallets
Almost three quarters of motorists (73%) say their finances have been stretched by the impact of the war in Iran, according to new research. July’s Startline Used Car Tracker shows a third (33%) think it will be at least six months before their situation recovers, a quarter (25%) more than 12 months, and 10% over two years. Consequences such as rising pump … [Read more...]
Law tightening on running vans
Van compliance is moving closer to HGVs thanks to a raft of new legislation that creates additional responsibilities for fleets., says Arval. The fleet leasing and mobility specialist says some light commercial vehicle (LCV) operators are facing significant growth in regulation, including new MOT rules, changes to drivers’ hours and enhanced tachograph … [Read more...]
Fleets hit by PCNs and cloned plates
A new type of penalty charge notice appears to have emerged and is being sent to members of the Association of Fleet Professionals. Issued by a company called Forecourt Eye, the PCNs are being used to recover amounts owed when a company vehicle drives away without paying for fuel. Paul Hollick, chair at the industry body, said several members of the … [Read more...]
Latest technology pushes up repair costs and premiums
Drivers across the UK are being told that car insurance premiums are falling, yet many are opening their renewal notices only to find they're paying more than last year. The confusion comes as interest in vehicle technology continues to rise. Analysis of Google search data by GM Direct Hire found searches for "ADAS in car" have increased by 87% over the … [Read more...]
Volatile fuel prices warning
Fuel prices are rising again, and could further escalate as military action resumes in the Hormuz Strait. RAC head of policy Simon Williams said, "Pump prices have started rising again on the back of last week's increase in the cost of oil, meaning the savings drivers have been benefitting from recently could start to disappear. "The average price of … [Read more...]
Value retention improving for some EVs
Chinese EVs are holding their value well against comparable mainstream models, suggesting consumer trust and confidence in newer brands is continuing to grow. New research by car leasing and contract hire specialist, LeaseCar, analysed a selection of popular Chinese EVs alongside similar mainstream models and found that across the vehicles analysed, Chinese … [Read more...]
Weekend roadtest: VW Golf GTE
The popularity of the Volkswagen Golf has hardly dimmed since it was launched over 52 years ago, and there is little sign of this achievement being changed with the GTE phev version. There is a mind-boggling range of hatchbacks and saloons with a wide range of engines and selective trim levels, and we have been testing the only phev petrol model GTE with a … [Read more...]
Interest and values of used EVs are rising
Used electric cars are at a tipping point where both consumer interest and values are increasing rapidly, delegates heard at the Annual General Meeting of the Vehicle Remarketing Association. Fraser Brown, director at specialist used electric vehicle (EV) dealer Browns of Richmond and motor retail consultancy Motorvise, said the market had grown by 32% in … [Read more...]
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