Poor availability of new vans is hampering some fleets in their efforts to become compliant with new Clean Air Zones, reports FleetCheck. With the Bath CAZ already in place and Birmingham and Bristol to follow, as well as the upgraded London Low Emissions Zone (LEZ) now in effect, the fleet software specialist says that some businesses are only now starting … [Read more...]
Newslines 13 April
Classic car collectors are paying up to £75,000 for a good Ford Sierra RS Cosworth. Competition inspired cars are reaching six figure sums, reports Hagerty, with an Audi Quattro Sport likely to make £404,000. Plug-in hybrids could be forced off roads sooner than anticipated. EU legislation is moving towards tougher emissions standards which would make the … [Read more...]
Government statements slowing car sales recovery
Continuing confusion over Net Zero targets is slowing the recovery of motor sales. Seán Kemple, Managing Director of Close Brothers Motor Finance, said, “March marks a year since the first UK national lockdown, and the industry has evolved remarkably during this time. “New car sales are going ahead through click and collect, or click and deliver, services, … [Read more...]
Coronavirus exposed weak supply chain links in auto sector
Supply chain managers need to be much more proactive in setting up and improving business models according to research from Professor Jack van der Veen from Nyenrode Business University. In his recent white paper ‘Implementation of new Supply Chain Business Models: risk management in cross-border trade', he seeks to understand how new business models can be … [Read more...]
Tradelines 7 April
While the pandemic has taken a toll on many people’s finances, others are emerging with a nest egg after months of lockdown living and this could ensure the car industry, along with the wider economy, bounces back quicker than originally anticipated, said James Fairclough, CEO of AA Cars. He was speaking after the SMMT released March car sales figures … [Read more...]
Rising concerns over EV initiatives and charging
There's rising concern among car makers that the British public and Government are not behind the drive to boost electric car sales. The Society of Motor Manufacturers and Traders wants greater support for private retail uptake of electric vehicles. It follows new figures showing businesses are twice as likely as consumers to make the switch from petrol or … [Read more...]
Ford Mondeo production to end in 2022
The familiar Ford Mondeo reaches the end of the road next year. Almost 30 years after it was launched, Ford's medium sized family and reps car will go out of production in Valencia. It was also the basis for the Ford Galaxy large MPV and both are now seen as outdated by the new generation of SUVs such as Kuga and Ford is committed to moving onto … [Read more...]
Newslines 26 March
The richest man in the world Jeff Bezos drives a Honda Accord and second in line to the trillionaire throne Bill Gates uses a Ford Focus. Queen Britney drives a Mini Cooper alongside the Hello star Adele who is the 3rd richest female in a Uswitch study with a net worth over £140 million while despite reportedly earning over £10 million a year, Daniel … [Read more...]
Dealers happy with manufacturers relationships
It is positive that despite the significant disruption faced over the past twelve months, dealers are on average fairly satisfied with the relationship with their respective manufacturers, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. Average levels of dealer satisfaction with the support received through the pandemic by … [Read more...]
Jobs going at Aston Martin, St Athan
Nearly 200 jobs or 26% of the Aston Martin Lagonda workforce are going at St Athan. The luxury car maker confirmed the losses today after Unite spelled out the situation. New management has taken over at AML and the backers have changed, suggesting it does not have the same financial support it had just 12 months ago when the first DBX SUV models were sent … [Read more...]
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