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 … [Read more...]
Industry
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 … [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 … [Read more...]
Hertz backs Greenfleet EV event from Wales
Hertz has joined forces with Greenfleet, as the Official Vehicle Partner for its 2023 EV Rally 3-7 July. Hertz will provide electric vehicles for the five-day event that goes across the five capital cities in the UK and Ireland to highlight the real-world capabilities of electric vehicles and track the progress being made with charging infrastructure in … [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 … [Read more...]
Welsh councils filling more potholes at higher costs
This year’s Annual Local Authority Road Maintenance survey makes bleak reading, with worsening carriageway conditions and mounting costs set to spell more misery for road users. The ALARM survey, published today by the Asphalt Industry Alliance, reports that local authority highway teams in England and Wales only received around two-thirds of what they … [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 … [Read more...]
Newslines 17 March
Transport for Wales’ bus replacement of all services on the Conwy Valley route, as well as Wrexham’s Borderlands route is insulting to users of the lines in North Wales who depend on these services to make their regular commutes, said Welsh Conservative Shadow Transport Minister, Natasha Ashgar MS. The entire cancellation of rail services on some North … [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 … [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 … [Read more...]
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