e-Fuels could play a “limited role” for fleets in the future, says FleetCheck, especially in applications where electric vehicles might remain impractical. The fuels – designed to be carbon neutral – have hit the headlines over the last week after several EU countries asked them to be included in future car production legislation, circumventing a 2035 internal combustion engine (ICE) … [Read more...]
Beware of new insurance ‘admin fees’
Go.Compare car insurance says the number of policies that now charge admin fees has risen since this time last year. The comparison site has reviewed the 332 comprehensive car insurance products in the market in 2023 and compared the admin fees charged today, compared with the same fees charged in the same period in 2022. It found that the number of car insurance products that now charge … [Read more...]
Up close and personal with Ferrari F1
Fans visiting The Formula 1® Exhibition, in Madrid, can expect to get up close and personal with Scuderia Ferrari’s 2021 power unit. Exclusively displayed at the show, its inclusion marks the first ever public display of a Scuderia Ferrari power unit, and the first display of a Ferrari engine since 2013. Known for their extreme secrecy regarding design and technology, Scuderia Ferrari have … [Read more...]
No agency plan for Toyota & Lexus
Toyota and Lexus have confirmed they ‘currently have no plans’ to change their franchise agreements with dealers and move to agency sales. Pressed on the matter, a spokesperson for Toyota and Lexus stressed that agency sales – where the manufacturer would take on the sale of cars directly to consumers itself – was ‘not in the plan at all’. In an exclusive interview with Car Dealer, Jason … [Read more...]
Britain risks running out of EV innovation – car makers
Britain’s ability to compete as an electric vehicle production leader is at risk unless government responds urgently to increasingly fierce international competition, the Society of Motor Manufacturers and Traders warns in a new blueprint. The call comes as other countries significantly power up political and economic backing for their own automotive sectors, positioning themselves at the front … [Read more...]
Tradelines 22 March
Independent used car dealers are being put off stocking EVs as a result of plummeting prices, Car Dealer has been told. Speaking at last week’s Car Dealer Live conference in Gaydon, a panel of used car dealers said they had been forced to rethink their strategies as a result of the recent slide after a drastic cut in new Tesla prices sparked a downward spiral in the value of used EVs and amid … [Read more...]
Newslines 20 March
Bentley Motors revealed record financial results for 2022, with operating profits up nearly €1 billion compared to 2018. The latest annual figures show a profit of €708 million, representing an 82 per cent growth in profit from a four per cent growth in volume while turnover reached €3.38 billion, up 19 per cent over the same period and the announcement follows record sales in 2022, when Bentley … [Read more...]
Tradelines 15 March
Jaguar will slash its dealer sites from about 80 today to under 20 within two years as it moves to an all-electric line up, sources have told Car Dealer magazine. The existing dealerships will have to consider selling only Land Rover models while the Jaguar range is developed but seen as taking much smaller role and the move will affect accountancy practices by those who have invested in the … [Read more...]
British trucks secures Government grant
British electric vehicle manufacturer Tevva has secured government plug-in truck grant (PITrG) eligibility for its 7.5t battery-electric truck. UK organisations looking to decarbonise operations and future-proof their fleets will benefit from a potential £16,000 discount, removed from the purchase price by Tevva. To be eligible for the grant, N2 vehicles (trucks that weigh between 5-12 … [Read more...]
Vehicle makers want EU emissions move
The European Automobile Manufacturers’ Association want the European Commission and the Council to come to a resolution to the current impasse on the EU legislation on CO2 emissions from cars and vans. It was due to be signed into law in early March and the car makers' bodoy says the fundamental transformation for the European automotive industry needs planning security. ACEA takes note that … [Read more...]