Rising inflation and cost of living will put the brakes on car sales, particularly electric models, says Close Brothers Motor Finance. It will also slow down the UK Government’s drive towards greener policies for other products and services, according to Lisa Watson, Director of Sales at Close Brothers. The cost-of-living crisis is having a … [Read more...]
EVs to become dominant in three years
Electric models will dominate fleets in three years, managers have told researchers for Arval Mobility. Just half (50%) of vans and a little over a quarter (28%) of UK company cars are predicted to be using petrol or diesel power alone by 2025, research from the latest Arval Mobility Observatory Barometer shows. Fleet and mobility decision makers were … [Read more...]
InstaVolt raising public charging price
EV charging network InstaVolt has raising its price 15.7% to 66ppkWh from Monday. The rise from 57ppkWh applies to all payment types and the company says the steep rise is due to the enforced 20% VAT rate on public chargers compared to just 5% levied on domestic points. Other public point providers are expected to follow suit as the electric supply … [Read more...]
Toyota Aygo X makes its mark in Wales
Car sales in Wales last month saw the Toyota Aygo X the best seller for the first time as it stood out in a declining market. While Ford never figured in the UK top ten last month it was again notiching up double success in Wales with Kuga and Puma in the top ten, revealed by the Society of Motor Manufacturers and Traders. Total Welsh registrations … [Read more...]
UK new car sales decline slows
UK new car registrations fell 9.0% to reach 112,162 units in July, according to the Society of Motor Manufacturers and Traders. The result marks the fifth month of consecutive decline, although the fall is the smallest recorded this year. Ongoing global supply chain issues, predominantly the lack of semiconductors, continued to frustrate order … [Read more...]
Tradelines 3 August
Duplicated and wasted journeys are on average costing £71 a week in unnecessary fuel per vehicle, businesses have been told by RAM Tracking. The comprehensive fleet management software embracing dashcam and tracking systems also encourages careful driving to reduce bills and accidents as well as downtime when avoidable repairs are needed. A new report has … [Read more...]
Brits falling out of love with evs
Brits’ appetite for electric vehicles appears to be declining with fewer people saying they expect to own an EV in the next decade, according to a recent CarGurus study. Despite petrol prices reaching record highs and the sale of new petrol and diesel cars banned from 2030, UK motorists’ appetite for EVs has decreased when comparing interest in 2021 … [Read more...]
Car production stutters on shortages
UK car production declined -19.2% in the first six months of the year, according to the Society of Motor Manufacturers and Traders, with 95,792 fewer vehicles built compared with the same period in 2021. Just 403,131 units were built, representing the weakest first half since the pandemic-ravaged 2020 and worse than 2009 when the global financial crisis … [Read more...]
Get a grip on the £225,0000 Landies
The ultimate Land Rover Classic paying tribute to the legacy of global Land Rover expeditions by creating 25 Classic Defender Works V8 Trophy II vehicles are now available from £225,0000. Distinctive adventure inspired camouflage features 23 locations that have played a part in Land Rover’s illustrious off-roading and exploration adventures over more than … [Read more...]
Hydrogen lorries are a must for businesses
The H2Accelerate collaboration has published a new white paper in support of the use of hydrogen in long-haul trucking, based on focus group discussions with truck end-users and logistics providers. The paper sets out the conclusions of a series of focus groups with companies such as Amazon, Nestle Waters, DB Schenker, and Kuehne-Nagel, who have the … [Read more...]
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