Xpeng is the next Chinese brand coming to the UK early next year, it was announced. The G6 SUV will lead the importation of a range which will be handled by the very experienced IM Group, which have enormous experience over almost 50 years with Subaru & Isuzu and recently added GWM of China to its portfolio while handling the parts operations for … [Read more...]
Stay safe with second-hand sales
Brits selling their used cars risk losing up to 10-20% on their sale by making this avoidable and costly mistake. And, with an ongoing cost of living crisis, the last thing motorists need is to miss out on thousands of pounds. To make car owners aware of this mistake and help them avoid them, Pamela Murdock, vehicle expert at used car supermarket, … [Read more...]
Suzuki announce pure battery Vitara
Suzuki Motor Corporation has unveiled its first mass-production pure battery electric Vitara, in Milan. Production will commence at Suzuki Motor Gujarat in India in spring 2025,with sales expected to begin in various countries, including Europe, India, and Japan, around summer 2025. The newcomer is expected in UK showrooms next Autumn to sell alongside the … [Read more...]
Classic cars exempt from Capital Gains Tax
In light of the recent Autumn 2024 Budget, Car & Classic announces that classic cars are exempt from the increase in Capital Gains Tax (CGT), a change that could make them an attractive, tax-efficient investment. With CGT rising from 10% to 18% for the lower rate and from 18% to 24% for the higher rate, this exemption offers an advantage for those … [Read more...]
PHEVs’ future now in doubt, says FleetCheck
The Budget is likely to have ended the current revival of fleet interest for plug-in hybrid company cars, FleetCheck is predicting. Peter Golding, managing director at the fleet software specialist, pointed out that anyone now paying a 5% benefit in kind on a new PHEV in the current tax year would see a jump to 18% by year four in 2028/29. He said: “We’ve … [Read more...]
New car sales slide again but EVs grow
October saw another month of contraction in the new car market, a concerning trend following August's end to two years of continuous growth. This decline is particularly worrying, as it highlights the volatility of the market right now, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. UK new car buyers now have more than … [Read more...]
Drivers cutting corners on safety due to rising costs
One-in-five drivers (20%) under the age of 44 have driven illegally by not putting their car through the MOT or replacing tyres when needed to save money in the cost-of-living crisis, says the RAC. Among drivers of all ages, one-in-10 (10%) admit they’ve failed to replace worn-out tyres or skipped the MOT, which is a legal requirement that guarantees the … [Read more...]
Dealerships in chaos after commission ruling
Car and van buyers have been blocked from collecting new models this week for 1 November as UK finance firms hold back monies due to dealers. It follows a Court of Appeal decision last week which outlawed undisclosed commission payments. Dealers were unable to allow collections or deliver cars as finance companies paused paying out on business already … [Read more...]
Vauxhall Corsa is most scrapped car
Scrap vehicle experts National Scrap Car have combined their internal data along with DVLA data to calculate the number of 10-year old vehicles still on our roads to understand how reliable are some of the UK’s most popular models. Top manufacturers like Vauxhall, Ford, Volkswagen and Peugeot have seen high percentages of their vehicles scrapped within this … [Read more...]
Premium prices slipping back, say Compare the Market
The cost of car insurance has fallen by £72 (-8%) year-on-year, according to new Premium Drivers research from Compare the Market. The average premium declined to £776 in September 2024, compared to £848 in September 2023. August 2024 and September 2024 were the first months where car insurance premiums have been cheaper than the same period in the previous … [Read more...]
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