Risk intelligence specialist Thatcham Research will lead a funded project focused on Electric Vehicle collision repair and salvage processes and their impact on insurance claims and their associated costs. EVs are set to play a central role in achieving the Government’s 2050 net zero target. However, with the repair and insurance process for an … [Read more...]
Chips are back on the menu of manufacturers
The semiconductor shortage that has plagued the automotive industry for much of the last two years may soon be turned on its head, says in-vehicle connectivity pioneer VNC Automotive, as a lack of chips critical for high-tech features suddenly becomes a glut. “It’s ironic that the very situation that triggered the shortage for much of the automotive … [Read more...]
Porsche and JLR knocked for reliability
Porsche has been named the most unreliable marque according to Warrantywise. Joining it is a range of premium luxury passenger car makers; proving that despite a high price tag, even for a used car, luxury cars could also cost owners more in the long run. Analysing over 131,000 extended car warranty plans, the Reliability Index places Porsche as least … [Read more...]
Newslines 13 December
McLaren has sold part of its heritage collection to its main shareholder to raise money for its Artura project. The manufacturer went in search of the money after discovering that ‘certain technical upgrades’ to the hybrid supercar were needed so the Bahrain-based sovereign wealth fund Mumtalakat Holding Co – which owns almost 60 per cent of McLaren – … [Read more...]
Plan to save UK Auto must be actioned
The UK automotive industry has urged the government to take rapid action to secure the long-term future of one of the country’s most important assets, while accelerating its decarbonisation. The call comes as the sector finally begins to emerge from the pandemic-induced downturn, with new analysis from the Society of Motor Manufacturers and Traders … [Read more...]
MB world first for automated valet parking
The world’s first automated driverless parking function has been officially approved for commercial use, with Germany’s Federal Motor Transport Authority green-lighting the Mercedes-Benz / Bosch automated parking system in a parking garage at Stuttgart Airport. Thatcham Research chief research strategy officer Matthew Avery said, “Mercedes-Benz continues to … [Read more...]
Tradelines 7 Dec
Terry’s Auto Repairs, Wrexham, has been voted by customers as one of the best businesses in the UK Motor Ombundsman’s Star Awards. It was selected for organising same-day off-site vehicle collections and deliveries or customers. Building on its commitment to grow an all-electric vehicle range, Ford has invested a further £125 million in its Halewood Plant, … [Read more...]
Short-circuiting some charging myths on EVs
There are estimated to be over half a million battery-electric cars on the roads in the UK, which isn’t including the 405,000 plug-in hybrids that are also registered. And with plans from the British government to stop the sale of new petrol and diesel vehicles by 2030, it’s likely we’ll see the number of electric vehicles (EVs) on the road continue to … [Read more...]
Weathering perfect economic storm
Automotive suppliers’ business sentiment reached an all-time low in the CLEPA McKinsey September 2022 Pulse Check. About 70% of suppliers saw their profitability drop to levels that could already start undermining their ability to invest in R&D, the workforce and new business activities. Three consecutive years of crisis have eroded the financial … [Read more...]
Tradelines 30 November
The excessive margins being taken on fuel by the UK’s four big supermarkets have been further called into question as the RAC discovered membership-only retailer Costco has reacted to the falling wholesale market by cutting its petrol by 8p a litre to 147.7p– 12p less than the average price of a litre bought at a supermarket and 14p lower than the UK … [Read more...]
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