Diesel price has soared to over 184.20ppl in a month, says the RAC Fuel Watch service. That’s up nearly 42ppl since the beginning of March while petrol is 153.68ppl, a rise of 21ppl in the month and with the Easter getaway beginning it will make a typical family fill up £100 and £84 respectively. Fleets should tighten security around fuel in response to … [Read more...]
Millions of pounds going to car buyers
Millions of car buyers who took out finance with hidden costs will receive payouts this year after the Financial Conduct Authority today confirmed compensation for mis-sold agreements. Announcing the final details this afternoon after markets had closed, the watchdog said the average payout will be around £830 – higher than it previously stated. However, … [Read more...]
£300,000 for Welsh VW convertors
A £300,000 investment from the Development Bank of Wales will drive the next phase of growth for Bridgend-based campervan conversion specialists Holbrook Customs. Delivered through the Wales Flexible Investment Fund, the investment will allow Holbrook Customs to boost production, expand its team and bring more work in‑house, while strengthening local job … [Read more...]
Time to rethink Britain’s EV plan say car makers
Britain’s transition to zero emission vehicles must urgently be reviewed before targets accelerate exponentially from 2027, the automotive industry has warned, else the country’s net zero and economic growth ambitions could be thwarted. New analysis published today by the Society of Motor Manufacturers and Traders (SMMT) shows the UK’s transition pathway … [Read more...]
The challenges facing UK’s fully automated roads
Highway engineers say the UK road network must be modernised and improved if it is to cope with Government plans for fully automated vehicles. The Chartered Institution of Highways & Transportation has called for a balanced and pragmatic approach to automated vehicle regulation that supports safety, sustainability and the effective operation of the UK’s … [Read more...]
Mid-Wales proving ground for military projects
A defence sector company has purchased Welsh Government land in Powys to develop and test new military equipment for defence clients. BANAIR has purchased two plots at Wyeside Enterprise Park, in Llanelwedd, Builth Wells, and has started testing its own-design lightweight aluminium vehicle bridging system at the site. Spanning up to 30 metres, the … [Read more...]
10,000 jobs & 130 companies hit by Welsh Government axe
Welsh Government has pulled support for 10,000 people and 130 companies who are members of the Welsh Automotive Forum. The 27 year old trade cluster has published its intention to voluntarily dissolve at the end of this month when funding ceases through Industry Wales, which is also being closed down by Welsh Government. WAF was established in 1999 to … [Read more...]
Aston Martin car plant workers facing cuts
Scores of jobs are on the line in Aston Martin's St Athan plant. The luxury sports car brand today announced a 20% cut in its 3,000 strong workforce in Britain, mostly at its Gaydon HQ and St Athan plants. Aston Martin has confirmed the firm's net losses jumped 52% last year to £493.2m. It has this month announced plans to raise some capital by … [Read more...]
Tesla changing plans and model drive
Tesla is turning away from cars to concentrate its autonomous Cybercab and robotics business. It has confirmed no current plans to expand its vehicle range, other than build a niche roadster, reports Fleet News. The financial results for Q4 saw a 3% drop in revenues to $24.9 billion (£18.2bn), while the business also saw a 61% year-over-year decline in net … [Read more...]
Car makers want brakes applied to 2035 CO₂ targets
The European Automobile Manufacturers’ Association, representing Europe’s major OEMs, called on the European Commission to “recalibrate” the 2035 CO₂ targets that effectively ban new petrol and diesel car sales. The association argued that the 100% emissions reduction target is “no longer feasible” citing slow EV uptake in some regions, infrastructure … [Read more...]
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