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...]
Newslines 23 January
Bentley Motors achieved its third best ever year in 2023 with global sales of 13,560 luxury cars. Around three-quarters of customers went beyond the 46 billion different configurations available from the standard options range to add bespoke content from Bentley’s Mulliner division, representing a 43 per cent rise over 2022, an indication of the desire for … [Read more...]
EU criticized over EV strategy
Europe's law makers are ignoring carbon-neutral fuels in the rush towards zero emissions and putting too much importance on pure evs, according to the components industry. The European Commission, the Council of the European Union and the European Parliament have reached an agreement on the CO2 emission standards for heavy-duty vehicles today. While the … [Read more...]
Next Government must invest in hydrogen fuel
The new government that the UK is likely to see in 2024 should be pressured by fleets to deliver a more effective hydrogen van strategy, says FleetCheck. Peter Golding, managing director at the fleet software specialist, said there was huge potential for hydrogen as a factor in future fleet zero emissions strategies for light commercial vehicles, and much … [Read more...]
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