A survey finds that almost half of drivers (45%) are holding onto their cars for longer than usual because they are unsure whether to buy a petrol, diesel or electric car, rising to 56% of under 34s, compared to 36% of over 65s. The survey of 2,000 drivers carried out by Opinium on behalf of InsuretheGap.com also finds that just over two fifths of drivers … [Read more...]
Finance
Mansell mania makes millions in auction
There is no doubt that ‘Mansell mania’ continues to be strong, with an incredible set of results achieved for Nigel Mansell’s Legacy Collection. Highlights from the collection being sold by the 1992 Formula One World Champion included the 1985 Canon Williams Honda European Grand Prix Helmet 'First Win'. Worn by Mansell in the 1985 European Grand Prix when … [Read more...]
Tradelines 18 October
Honda Motor and Japanese trading house Mitsubishi Corporation will join forces to explore new business opportunities in the electric vehicle battery segment, according to local reports. The news came shortly after Toyota announced an alliance with Japanese energy group Idemitsu Kosan to develop solid state batteries for EVs, reports GlobalData. Sinclair … [Read more...]
Agency selling model worries more dealers
Dealer worries over the growth of agency agreements have doubled in the last month, according to October’s Startline Used Car Tracker. The factor was named as a future challenge to their business by just 22% of used car retailers in September but has jumped to 42% this month. Paul Burgess, CEO at Startline Motor Finance, said, “For most of this … [Read more...]
Service bookings taking longer
Lead times for fleet service, maintenance and repair have risen by more than 57% since the start of the pandemic, according to new data from epyx. In January 2020, the average time between when a company car or van booking was created to when the vehicle went in for work was 8.11 days - but today stands at 12.76 days. This data is taken from epyx’s 1link … [Read more...]
Lexus LBX to come in under £30K
Lexus has revealed launch pricing for its 'baby crossover', new LBX that will take the brand into new market territory. Order books are open now with on-the-road prices starting from £29,995 for the entry level Urban model. The all-hybrid electric line-up presents a wealth of choice with nine versions to choose from, reflecting the breadth of interior … [Read more...]
Bwcabus being taken off the road by Welsh Government
A popular community bus service throughout rural west and mid Wales is being put off the road this month by Welsh Government. Commenting on the news that thousands of people in West Wales could struggle to attend doctors’ appointments, go shopping or get to work when a rural bus service ends this month, Welsh Conservative Shadow Transport Minister, Natasha … [Read more...]
Five new stations proposed for SE Wales
Transport for Wales’ ambitious plans to improve public transport move one step closer, with public consultation on designs for five new railway stations in South East Wales and new train services launched today. Members of the public are being invited to share their views as part of a 13-week consultation which runs from 16 October to 14 January. The … [Read more...]
Car complaints are rising
The Motor Ombudsman has seen the highest volume of service and repair cases brought by consumers in a single quarter so far this year. Between 01st July and 30 September, the Ombudsman for the automotive sector accepted a total of 1,348 new submissions from motorists, up 10% from 1,226 in the second quarter, and equating to a 13% increase versus the volume … [Read more...]
Motorists expect higher costs in 2024
Motorists expect the cost of running their car to continue to rise across all major areas of spending in 2024, new research shows. October’s new Startline Used Car Tracker shows that 70% think congestion zone charges will rise and the same percentage expect service and maintenance to increase. Other costs expected to go up include motor insurance (67%), … [Read more...]
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