Car dealers face becoming the focus of a new customers financial scandal similar to PPI claims of the last two decades. The Financial Conduct Authority is investigating cases of finance houses not paying out compensation to customers over now-banned ‘discretionary commission arrangements’ and the watchdog is using its powers under S166 of the Financial … [Read more...]
The best 4×4 by scrap
Land Rover is the most valuable brand for scrap overall, with the average price quoted for these vehicles sitting at 28.8% higher than the average. The quoted price is directly linked to the weight of the vehicle and with all Land Rover vehicles being large SUVs and 4×4 vehicles, they’re definitely one of the weightier brands when all models in their … [Read more...]
Newslines 6 February
A new intelligent ZF seat belt will measure the size and weight of a driver and passengers to provide the best possible protection before an accident. It will also integrate with a vehicle's other safety systems including airbags and brakes to progressively decelerate a seat occupant and minimise any possible bruising when a Multi-Stage Load Limiter belt … [Read more...]
Best and worst cars to buy and own
When buying a new car, it’s always worth thinking about the potential resale value and how much it will depreciate over time. Some cars can prove to be very worthy investments, with their value increasing over time, while others may drop quickly in value as soon as they leave the forecourt. Elements such as age, condition, mileage and number of owners are … [Read more...]
British drivers love e-bay!
As one of the UK’s biggest online automotive marketplaces, eBay has revealed the most expensive parts and accessories of 2023, with performance engines, carbon fibre monocoques for high-end performance cars and exclusive number plates dominating the top 10. First and second places on the rundown of biggest buys for 2023 belonged to the performance car … [Read more...]
Fleets looking at hydrogen after ev issues arise
Some fleet operators are starting to “take hydrogen seriously” as a fuel option because of issues they have encountered in operating electric vans, says the Association of Fleet Professionals. Paul Hollick, chair at the organisation, said that the forthcoming arrival of the Vauxhall Vivaro-e Hydrogen – really the first practical hydrogen-powered panel van … [Read more...]
Tradelines 31 January
Specialist motor insurance loss adjuster Claims Management & Adjusting says new Office for National Statistics figures showing an 8% annual increase in vehicle thefts are shockingly unsurprising. According to the ONS’s latest Crime Survey for England and Wales instances of “theft or unauthorised taking of a motor vehicle” increased from 122,423 in the … [Read more...]
Challenging future for suppliers, says CLEPA president
The automotive supply industry is the top private investor in research and development in Europe with €30 billion invested annually and accounts for 1.7 million direct jobs with 39,000 patents each year, said Matthias Zink, CLEPA president, but added that it will face a challenging future. He (right) told memberts of the European Association of … [Read more...]
EV production lines will slow, say manufacturers
Europe's producers now anticipate making 500,000 fewer electric vehicles than expected two years ago. In the face of ongoing economic and industrial uncertainty, the automotive supply industry braces for a year of moderate growth although the electric vehicle segment continues to take a larger share however, according to CLEP Nevertheless, overall … [Read more...]
UK car makers warn of clash with Canada
The breakdown of trade talks with Canada threatens massive costs for UK car makers exporting there, said the Society of Motor Manufacturers and Traders today. The stalemate on a free trade deal creates the risk of tariffs being imposed on British-made cars sold in Canada. Britain's current deal after Brexit until April means we export vehicles … [Read more...]
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